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What To Do With A Grand? £17 interest after tax, great.

#1 User is offline   The Atomic Bull 

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Posted 06 May 2012 - 05:38 PM

What should I do with £1,000 savings I have with Santander?

Over the past five years I have bought gold coins and invested in a couple of funds.
Gordon Brown "I will not let house prices get out of control"

"Banking was conceived in iniquity and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits." - Sir Josiah Stamp, President of the Bank of England in the 1920's

#2 User is offline   Hold Fast 

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Posted 06 May 2012 - 09:03 PM

View PostThe Atomic Bull, on 06 May 2012 - 05:38 PM, said:

What should I do with £1,000 savings I have with Santander?

Over the past five years I have bought gold coins and invested in a couple of funds.


You probably want investment advice but here's what I would do.

If you don't have any, buy some good quality tools. A general selection for doing jobs around the house and car will (IMHO) provide much more benfit than investing that amount of money. The idea being you'd save more having them than you could possibly gain from investing the same amount.

My 2p worth :)

#3 User is offline   porca misèria 

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Posted 17 May 2012 - 10:54 AM

View Postcaptain_mandrake, on 06 May 2012 - 09:03 PM, said:

You probably want investment advice but here's what I would do.

If you don't have any, buy some good quality tools. A general selection for doing jobs around the house and car will (IMHO) provide much more benfit than investing that amount of money. The idea being you'd save more having them than you could possibly gain from investing the same amount.

My 2p worth :)

If tools are not for an immediate task-at-hand, then they have to be stored. That makes them a liability if space is at a premium, or if you move house.

#4 User is offline   jonesinamillion 

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Posted 17 May 2012 - 09:49 PM

As much as I like tools, and I like tools a lot, that's quite a strange suggestion!

If you don't really " need" this grand, enjoy it!...

Pis it up a wall.
Go on holiday.
Buy something fun like a shot gun.
Buy a nice watch.
Get a pet.
Commission a work of art.
Lend it to someone who really needs it..
Get a top class hooker to screw your brains out.
Put it on a horse.


We're a long time dead!

#5 User is offline   SpewLabour 

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Posted 19 May 2012 - 12:59 PM

View Postjonesinamillion, on 17 May 2012 - 09:49 PM, said:

As much as I like tools, and I like tools a lot, that's quite a strange suggestion!

If you don't really " need" this grand, enjoy it!...


We're a long time dead!


Seconded. £150 will buy you an hours flying lesson. Have a go. If you hate it then don't do any more but at least you've flown an aircraft. If you love it, learn! Gliding is fun as well and alot cheaper.

#6 User is offline   abroad 

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Posted 24 May 2012 - 08:34 AM

Spend it....

#7 User is offline   Patfig 

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Posted 24 May 2012 - 08:37 AM

buy euros :lol:
Life is like a sh1t sandwich, the more bread the better!

#8 User is offline   DiggerUK 

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Posted 31 May 2012 - 05:28 PM

View PostThe Atomic Bull, on 06 May 2012 - 05:38 PM, said:

.....Over the past five years I have bought gold coins and invested in a couple of funds.

Need to decide after reading this, if QE is good for your coins, or your funds. Pay particular attention to point 7.

http://www.imf.org/e...2012/052212.htm
"I am, therefore I think"

#9 User is offline   Bear in mind 

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Posted 25 June 2012 - 04:32 PM

Buy a tent. :D

A home in the country!

#10 User is offline   MrB 

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Posted 02 July 2012 - 09:44 PM

Stuff your dead pet cat and turn him into a helicopter.


1. Get up
2. Have a piss
3. Go to work
4. Get back from work

5. Read HPC
6. Watch The Bill
7. Go to bed


Stages 1-4 will happen between 7am and 5.30pm. Stage 5 is happening now. Stage 6 & 7 could happen anytime soon. Protect yourselves: buy an overpriced house!

#11 User is offline   Crashman Begins 

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Posted 10 July 2012 - 06:02 AM

Go to a mini arcade and exchange it for penny's / 2 ps

Take a few months sorting out the real copper coins ( non magnetic )
And you'll then have a copper hedge to give to the kids, grand kids, great grand kids


Or

Spend it on gym equipment / health.
Invest in your body and mind and reap all kinds of benefits
precious-metal-investment.blogspot.co.uk

BBB @ Dec 5 2004, 05:30 PM: some credit crunch guys....not my idea of a credit crunch......is it yours?
''first this will happen, then this will happen'' you all said..kind of throws all your baloney theories out of the window doesn't it?

 Dorkins, on 02 May 2013 - 01:05 PM, said:

They will do anything to avoid suggesting that the size of the pie is not the real problem, it's the way it is sliced.

#12 User is offline   Russe11 

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Posted 10 July 2012 - 01:52 PM

Metal detector, if you live near the beach.

#13 User is offline   wherebee 

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Posted 14 October 2012 - 07:02 AM

Premium bonds. I've got 1.5% return so far this year with small wins and you never know if the big one will come in.

This post has been edited by wherebee: 14 October 2012 - 07:04 AM

[size="1"]There is always death and taxes; however, death doesn't get worse every year.....

my predictions for 2012 and 2013 were SO wrong I have given up predicting. One thing I do know - this ongoing GFC is not going to end well. Five years and counting.....

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