Where are people investing?

CoogarUK

dudes wrote: »

Other is held in other online accounts (zopa, spreadbetting etc)

Bit of a gambler, I see :rolleyes:

TechnoBadger

CoogarUK wrote: »

Bit of a gambler, I see :rolleyes:

I take it that you're saying that putting money into shares at the moment is not a gamble then? And neither is putting money in institutions such as ICICI for the higher interest rate?

I haven't lost anything on Zopa (so far of course - and earning over 12.5% right now), I have lost money on shares and I also thought I'd lost out due to Icesave. I can't imagine losing a big chunk of Zopa money. How are you faring with losses on your Zopa investment if you don't mind me asking?



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john_s_2

All cash:

Fixed (ISAs) 71%
Variable 22%
Index linked 6%
Premium Bonds 1%

gozomark

dudes wrote: »

Good point - ISA is cash.
Shares are held within a seperate ISA
Other is held in other online accounts (zopa, spreadbetting etc)

savetilibleed - where is your final 1%? :rolleyes:

down the back of the sofa

amcluesent

15% cash ISA
20% fixed-rate bonds (6%+)
30% high interest web account (5%+)
10% index linked NS&I
25% Shares in tax-wrappers

Mortgage free.

Current plans, 5yr fixed-rate re-mortgage after next BoE drop to fund home improvement (builders are cheap as chips), then invest assuming inflation and interest rates will zoom up in Britain in 2010.

SmileyG_2

TechnoBadger wrote: »

I take it that you're saying that putting money into shares at the moment is not a gamble then? And neither is putting money in institutions such as ICICI for the higher interest rate?

I haven't lost anything on Zopa (so far of course - and earning over 12.5% right now), I have lost money on shares and I also thought I'd lost out due to Icesave. I can't imagine losing a big chunk of Zopa money. How are you faring with losses on your Zopa investment if you don't mind me asking?

.

I've spent today looking at the Zopa website and am interested in lending money. Given that my Mortgage Rate is fixed for another 3 years at 5.18%, if I could lend money at around 8.5% I could cover my interest payments.

Has anybody had any bad experiences with lending money on Zopa?

SmileyG

dudes_2

SmileyG wrote: »

I've spent today looking at the Zopa website and am interested in lending money. Given that my Mortgage Rate is fixed for another 3 years at 5.18%, if I could lend money at around 8.5% I could cover my interest payments.

Has anybody had any bad experiences with lending money on Zopa?

SmileyG

You may get more response starting a new thread. One point to consider, the interest gained from zopa is taxable as income (I think). Also, there is a risk of people not paying.

natman

Hi Yeah, Mine mainly cash too.
ISA AT 6% INTEREST RATE Totalling - 15% of savings

Fix term account at 6.5% INTEREST RATE - Totalling 20% of savings

EASY ACCESS ACCOUNTS AT 4.5% INTREST RATE Totalling 60% of savings

Gold investment - 4% of savings
Premium Bonds 1% of savings

dudes_2

natman wrote: »

Hi Yeah, Mine mainly cash too.
ISA AT 6% INTEREST RATE Totalling - 15% of savings

Fix term account at 6.5% INTEREST RATE - Totalling 20% of savings

EASY ACCESS ACCOUNTS AT 4.5% INTREST RATE Totalling 60% of savings

Gold investment - 4% of savings
Premium Bonds 1% of savings

Just out of interest, how are you investing in gold? Certificates? Trusts?

Do you think gold will keep rising?

wombat42_2

I am surprised that you guys havent mentioned absolute return funds such as:

BlackRock UK Absolute Alpha
http://www.h-l.co.uk/funds/security_details/sedol/B11V7T6

Cazenove UK Absolute Target
http://www.h-l.co.uk/funds/security_details/sedol/B39VWX1

Legal & General Diversified Absolute Return
http://www.h-l.co.uk/funds/security_details/sedol/B3DPCY0

Threadneedle Absolute Return Bond
http://www.h-l.co.uk/funds/security_details/sedol/B0L4TF8

They are lower risk than normal funds as they include short positions and should do OK in a falling market.

Not all funds with the word "absolute" in their name are good but the above four seem to be.