home
in

Tying up your savings

Last post Sat, Jan 23 2010, 5:52 PM by conmankiller. 8 replies.
Sort Posts: Previous Next
  •  Sat, Jan 23 2010, 5:52 PM

    Re: Tying up your savings

    sparky - Where have you been this was your last post on here, your presence has been sadly missed.?

    : -- (

    I had a good old dig recently and weighed in some nuggets when prices were on a crest, not many more X's left to find now.

    • Post Points: 5
  •  Mon, Nov 09 2009, 10:33 PM

    Re: Tying up your savings

    Don't forget X marks the spot!

    :)

    • Post Points: 20
  •  Mon, Nov 09 2009, 9:33 PM

    Re: Tying up your savings

    sparky - It's nearly Gold digging time now that the price of bullion is lifting, treasure map, crutch, Parrot and spade are at the ready - Xmas weigh in very soon.!
    • Post Points: 20
  •  Thu, Aug 13 2009, 6:45 PM

    Re: Tying up your savings

    sparky76:

    LMAO

    Just hope they don't make any discoveries and create a gold mine!! and look out for pirates!

    :)

    You may well laugh me old hearty...... but there is no way the authorities are going to plunder my treasure, or give me another, "Jolly Rodgering" in my old age...on top of those given to me in my younger days, before I learnt the difference. !

    Haaaa..aar Jim lad...pieces of eight....: -- )

    access - Are you the old member who was once, "Drumster" returned in a reincarnated username.....some of your posts do have cryptic similarities.???

    • Post Points: 5
  •  Thu, Aug 13 2009, 6:34 PM

    Re: Tying up your savings

    It would be really helpful to know how urgently say Barnsley needs the cash to cover up and coming maturities, liquidity and the opportunity to invest in potentially loss making new ventures coupled with a sheep's eye view of where they are being told interest rates are projected to go in the five year period of their bonds. That would level the field for savers who could take a reasonably well informed decision on where to place cash from instant to five years.

    Having said that with the Government printing cash like a top class banana republic coupled with an uncertain recovery in the home market plus the possibility of the recession actually kicking in some time soon meaning that rates could break out up or down my maximum today is instant access and maybe tomorrow 1 year. Now to...

    Inferior money making suggestions from CMK and Sparky :-) Me I'm gonna open up as competion to Borro, the online pawnbrokers and beat their "best rates of interest". Yeah wot I'm gonna do is start out charging the same 6% they do but with a free gift like any one thing the punter wants from "Poundland" and er... take it from there...

    Oh yeah 4got (c wot I dun there 4 & not four - bitofa txtr me.) Now ware I woz ah yes that's 6% per month which is an APR of 85%!

    • Post Points: 5
  •  Thu, Aug 13 2009, 6:31 PM

    Re: Tying up your savings

    LMAO

    Just hope they don't make any discoveries and create a gold mine!! and look out for pirates!

    :)

    • Post Points: 20
  •  Thu, Aug 13 2009, 6:13 PM

    Re: Tying up your savings

    Better some invested in physical Gold... either held in scrap or bullion form, then placed into holes in the ground in numerous small clusters, hence tied up for however long it takes for Gold prices to peak.

    Bury some of it in poor peoples gardens, not many people think of looking there and it's tucked away from the snooping authorities.

    Keep your treasure map safe. !

    • Post Points: 35
  •  Thu, Aug 13 2009, 5:19 PM

    Re: Tying up your savings

    Hi Twee,

    I was sure that the site did a poll on this recently, but couldn't see it anywhere so probably just my imagination.

    There was a post about a 6% savings account...

    http://www.moneysupermarket.com/c/news/earn-six-percent-on-your-savings/0005810/

    Personally if I had savings (too much debt at the moment) I'd only tie in for max 2 years, as it's very difficult to see where the market is going, and interest rates may be much higher.

    I'd love to open a bank / credit card company and make the kind of money they're making! MBNA 34.9% !!

    HTH

    Sparky.

    • Post Points: 5
  •  Thu, Aug 13 2009, 11:26 AM

    Tying up your savings

    What is the most that any of you are willing to tie your savings up for ?

    In terms of fixed rates - it appears that 6% is available if you are willing to give them 5 years - but if you limit yourself to 2 years - you can only get 4.5%

    I was just wondering how many people are going for 5 years ?

    • Post Points: 65