What's your salary?

[Mic Man]

13 hours ago, kerser said:

What's 'alot' of savings 

one mans 10k is another mans 20

Ive got about £30k that I have no plans to use anytime soon

[Cole Des]

The S&P index has grown at an average rate of 12% for about 60 years.

If you put that on Voo that should be worth a mill+ in 25 years.

Do it from a Stocks Isa that way no capital gains to pay when you want to withdraw.

[Cole Des]

1/2 mill+*

[Kompressor]

Anyone seriously lookes into buying gold. 

 

(Not on about the big blocks for 30k+)

Affordable/manageable amounts?

[Cole Des]

Used to look at it but not worth holding physical Gold plus at best Gold stays just ahead of inflation.

Go for Bonds or Stocks instead.

[dub]

2 hours ago, Mic Man said:

Safe for info. Ive got a couple of accounts which give you 6% interest but limited to putting in £500 a month. Obv got an isa but reached the allowance for this year. The rest of my money is kept in the santander 123 account which has the best interest rate of the high street banks

• First Direct - 6% monthly saver (around £300/month deposit)
• HSBC - 6% monthly saver (around £300/month deposit)
• TSB - 5% up to £2k
• Nationwide - 5% up to £2k
• Lloyds - 4% up to £5k
• Santander - 3% up to £20k but £5/month fee
• BOS - 3% up to £5k
• Tesco - 3% up to £3k
• Halifax - £5 per month

may be a little off on the numbers there but if you have a little time to spare to set up everything you can make your money work for you a little better than just 3% if you put all the accounts in the mix (see here http://webcache.googleusercontent.com/search?q=cache:b3GaziEJAFQJ:www.moneysavingexpert.com/savings/savings-loophole+&cd=1&hl=en&ct=clnk)

that said, I need to step into the investment game

[Lionel & Dave]

I know a couple donnys working for the big four and that

say once you get to a certain tax bracket they stop teaching you how to do your job better, they start teaching you just how to stay alive

literally training sessions on how to sleep on a plane

[macz]

4 hours ago, Mic Man said:

Safe for info. Ive got a couple of accounts which give you 6% interest but limited to putting in £500 a month. Obv got an isa but reached the allowance for this year. The rest of my money is kept in the santander 123 account which has the best interest rate of the high street banks

I had a little look around and found the 123 santander the best. 3% a month interest upto 20k, much better than any flexible ISA I've had