Would you go "long" term? 4yrs for e.g.

bendix

Nobody has a crystal ball tasha. What do YOU think? It's your money.

tashalove

bendix wrote: »

Nobody has a crystal ball tasha. What do YOU think? It's your money.

LOL! I don't know what to think hence why I'm asking No need for a crystal ball, just a tip from the financially savvy!

But yeah, I'm not too sure 4.75% is competitive enough for the 5 year period if there are rumours that interest rates might go up....

bendix

See? You did have a view, after all.

bigfreddiel

bendix wrote: »

I locked in for five years in Jan 2010, but it was for only half my cash reserves and I got a rate of 7.3%

where did you get 7.3% in Jan 10?

bigfreddiel

tashalove wrote: »

LOL! I don't know what to think hence why I'm asking No need for a crystal ball, just a tip from the financially savvy!

But yeah, I'm not too sure 4.75% is competitive enough for the 5 year period if there are rumours that interest rates might go up....

Definitely 4.75% is too low for 5 yrs when 5% is on offer - and anyway as i keep saying - rates aren't going up this year, not until next year at the earliest - telgraph mentions May 2012 - but what do they know - i'm just glad i (and the missus) took out a 5yr 5% FRISA April 7th this year - thats a nice £534 in our account by April 2012 and in 5yrs time our £10680 will be a nice £13630 - better than nothing and not bothering to fund your ISA