WHO Poll
Q: 2017/18 Carabao Cup Spurs (a)
a. It's Wembley we have a decent record on the hallowed turf a& all we need is another Maiga, win
20%
  
b. There's no draws in this comp so what chance do we have, lose
24%
  
c. Forget the game, we'll always be a laughing stock while those idiots in the Boardroom still own the Club, SELL SELL SELL
45%
  
d. How great is this another game live on the box, so it's back down the Pub full kit on and roaring the boys onto another win, cut me and I bleed claret & blue
11%
  



bertie 11:55 Tue Oct 3
Keeping money safe
Hoping some of you financially savvy types can help here.
My uncle has sold his house and is renting until his new place is built next year. He is a bit paranoid about the banks. Would I be right in saying to technically protect his money for the next year he needs to split across a few banks up to £85k for the protected limits.
Or is National Savings as safe for a lump sum? Cheers

Replies - Newest Posts First (Show In Chronological Order)

Ronald_antly 1:32 Mon Oct 9
Re: Keeping money safe
bertie 7:15 Sat Oct 7

I bought mine for cash. I live in Australia, but I can't see why it would be any different back in the Old Country.

Westham67 12:20 Sun Oct 8
Re: Keeping money safe
Ronald_antly 6:35 Sat Oct 7

Its called a jewellery box Ron

bertie 7:15 Sat Oct 7
Re: Keeping money safe
Ronald is the bullion the sort of thing you can buy for cash or does it get logged electronically on some sort of register.
Just thinking it could be a good IHT and long term care costs dodge. Buy it for cash, store it somewhere safe and it need never show up on any probate.

SurfaceAgentX2Zero 11:02 Sat Oct 7
Re: Keeping money safe
At least these days you don't have to worry about getting paid any actual interest.

Far Cough 10:53 Sat Oct 7
Re: Keeping money safe
You could have a whole set of safes a la Matryoshka doll stylee








Could catch on

Ronald_antly 10:43 Sat Oct 7
Re: Keeping money safe
Perhaps a quiet Chortle. No need to get carried away.

Coffee 7:58 Sat Oct 7
Re: Keeping money safe
Would an Ag be appropriate here?

Private Dancer 7:43 Sat Oct 7
Re: Keeping money safe
To be fair, keeping a safe in a safe is a pretty novel idea, and very safe. It may well catch on.

Ronald_antly 7:36 Sat Oct 7
Re: Keeping money safe
I hadn't really considered that Coffers, but now you mention it, I might acquire a larger safe in which to store the existing one.

Coffee 7:14 Sat Oct 7
Re: Keeping money safe
Do you have any plans to procure a larger safe?

Ronald_antly 6:35 Sat Oct 7
Re: Keeping money safe
bertie

Good question. You can buy 'paper' gold/silver. However, that runs the risk that whoever is selling you this might be oversubscribing the amount of gold/silver they actually hold. You could get burned BIG TIME using this service.

It is best (although, perhaps less convenient) to hold physical. I have a small safe in which I store my bullion.

bertie 10:39 Fri Oct 6
Re: Keeping money safe
When you are referring to gold/silver. Pardon my ignorance does that actually mean holding the physical metal or some sort of "electronic share" represented by the metal. Just thinking about the practicalities of buying it and holding it.

Ronald_antly 9:25 Fri Oct 6
Re: Keeping money safe
Jasnik wrote...

"Silver just drop in value in the market today so he lost some money already "

One assumes that he doesn't want to cash in his investment within a few days.

Bouncing Ludo 11:04 Thu Oct 5
Re: Keeping money safe
Premium Bonds is another fairly safe option and *can* give good returns. Max 50K though

percyd 11:00 Thu Oct 5
Re: Keeping money safe
bertie, not sure if it is doable from UK, but the state-owned bank here in NZ (Kiwibank) is offering 3.6% p.a. on a 270 day term deposit.

Jasnik 1:52 Thu Oct 5
Re: Keeping money safe
Silver just drop in value in the market today so he lost some money already

Ronald_antly 12:59 Thu Oct 5
Re: Keeping money safe
Tell him to exchange his CURRENCY for real money.

That is, silver and/or gold.

J.Riddle 12:14 Thu Oct 5
Re: Keeping money safe
As said bertie the bank o Riddle is at your disposal, we take any denominations ta.

wanstead_hammer 12:03 Thu Oct 5
Re: Keeping money safe
Fuckin el bertie, that must be some lumpy mattress he's sleeping on.

Dicko75 11:58 Wed Oct 4
Re: Keeping money safe
The governments have already shown they won't let any of the mainstream retail banks go pop but if he's that worried then stuck it in national savings or buy some gilts. The capital position of the banks are very different now to 2008 and UK retail and investment banking activity is being seperated next year to reduce the risks to personal customers even further so I don't think his concerns are legit as long as he goes with a mainstream provider.

bertie 11:57 Wed Oct 4
Re: Keeping money safe
Cheers gents. Amazing how many banks are linked.

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