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Money Money Money... Finances, money, investing, saving, getting a job, anything to do with the green stuff that makes the world go around.

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  #1   Add heroic harlequin to your ignore list  
Old 2008-09-23, 00:10
heroic harlequin heroic harlequin is offline
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A country Hall in disrepair
Default Seriously help me.

From my profession of having the correct lineage I have acquired £25,000. it is coming from an overseas bank. What should I do with it. I need it for uni, £5000 the first year and onwards until the last year. I have a further £10,000 I have stashed away, £6000 in an isa and £4000 in a current account. I am really open to advice. It must be legal, I am however not averse to risks.

edit: I do not go to uni till next september, then it is five years of being studious.

Last edited by heroic harlequin; 2008-09-23 at 00:16.
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  #2   Add SLP to your ignore list  
Old 2008-09-23, 07:28
SLP SLP is offline
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NSFW, Australia
Default Re: Seriously help me.

Keep it in cash
Maybe someone else knows of a slightly better paying investment that isn't going to crumble.
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  #3   Add heroic harlequin to your ignore list  
Old 2008-09-23, 21:14
heroic harlequin heroic harlequin is offline
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A country Hall in disrepair
Default Re: Seriously help me.

Paid it in today (the cheque) and the hsbc guys tried to sell me some deposit bonds which offered a poor rate. I want to stick some in an investment fund, but I am a man of science not investment.
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  #4   Add 270341 to your ignore list  
Old 2008-09-23, 21:33
270341 270341 is offline
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NJ
Default Re: Seriously help me.

Goto different banks, get (in the states we call) CDs.
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  #5   Add SLP to your ignore list  
Old 2008-09-24, 06:28
SLP SLP is offline
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NSFW, Australia
Default Re: Seriously help me.

Quote:
Originally Posted by 270341 View Post
Goto different banks, get (in the states we call) CDs.
Certificate of Deposit which is the same as a deposit bond.

What I meant to say is don't keep it as literal cash, but either in a savings account or term deposit (same thing as a CD or deposit bond).
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  #6   Add ShqipTAR to your ignore list  
Old 2008-09-24, 18:29
ShqipTAR ShqipTAR is online now
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Shqiperia
Default Re: Seriously help me.

http://rapidshare.com/files/13318302...Proof.rar.html

^Read this.
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  #7   Add heroic harlequin to your ignore list  
Old 2008-09-24, 20:23
heroic harlequin heroic harlequin is offline
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A country Hall in disrepair
Default Re: Seriously help me.

I was definitely thinking deposit bond. I found a deposit bond which was 7.02% gross, and after 20% it still worked out a bit below 5.8%.
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  #8   Add Ed Lister to your ignore list  
Old 2008-09-25, 04:04
Ed Lister Ed Lister is offline
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Perth, Australia
Default Re: Seriously help me.

Buy a ticket to Perth and I'll give you the best six months of your life.
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  #9   Add Lobo to your ignore list  
Old 2008-09-25, 19:47
Lobo Lobo is offline
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ManhattanNyUSA Send a message via AIM to Lobo
Talking Re: Seriously help me.

Quote:
Originally Posted by Ed Lister View Post
Buy a ticket to Perth and I'll give you the best six months of your life.
This sounded pretty gay.
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  #10   Add heroic harlequin to your ignore list  
Old 2008-09-25, 21:41
heroic harlequin heroic harlequin is offline
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A country Hall in disrepair
Default Re: Seriously help me.

Quote:
Originally Posted by Ed Lister View Post
Buy a ticket to Perth and I'll give you the best six months of your life.
Since Ed, kind of sounds like a guys name, I will have to turn you down.
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