NS&I 5 year index linked saving certs 2011 issue - half way point!

lisyloo

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Looter

lisyloo wrote: »

Did you miss this message at the top?

I sure did!!

slinga

I'm glad I got out of my NS&I stuff.

I went into Old Mutual UK Mid Cap accum which has gone up over 70% in 2.5 years.

Look I know different people have different requirements but I hope some of guys take advantage of other investments..Because I really think you are getting stuffed with these NS&Is.

I'm not crowing about this just can't see the sense in investing in something which hardly keeps up with inflation.

gadgetmind

slinga wrote: »

I'm not crowing about this just can't see the sense in investing in something which hardly keeps up with inflation.

It's called "asset allocation". I'm around 10% in cash layered into various term accounts and NS&I linkers. This cash is there for multiple reasons, 1) in an emergency I can draw on it rather than being a forced seller of equities, 2) if equities do drop down to screaming bargain levels than I can use cash to rebalance.

As it happens, equities have had a right good run for the last few years, so I've got less cash around than my target allocation dictates. Come April, it's more than likely that we'll use our fresh CGT allowances to see down some equities and boost cash.

Dib

Calculator now updated for December.

Mickygg

slinga wrote: »

I'm glad I got out of my NS&I stuff.

I went into Old Mutual UK Mid Cap accum which has gone up over 70% in 2.5 years.

Look I know different people have different requirements but I hope some of guys take advantage of other investments..Because I really think you are getting stuffed with these NS&Is.

I'm not crowing about this just can't see the sense in investing in something which hardly keeps up with inflation.

You make it sound 70% over 2.5 years is the norm. I'm posting specifically to say to novice investors it's not the norm and would you have posted the same if it had gone down 70%? No you wouldn't.


Well done, gold medal to you.

Wilkins

slinga wrote: »

I'm glad I got out of my NS&I stuff.

I'm not crowing about this just can't see the sense in investing in something which hardly keeps up with inflation.

It's not an investment, it's part of a cash allocation held to facilitate a long term investment strategy. 20% of my cash is in ILSCs. Wish it was more.

talexuser

Mine's gone up 9.34% since a May 16 start date.

veryintrigued

talexuser wrote: »

Mine's gone up 9.34% since a May 16 start date.

9.32% here over 2 years 7 months.

I make that 3.6% p.a uncompound i.e. its dipped a bit

slinga

Wilkins wrote: »

It's not an investment, it's part of a cash allocation held to facilitate a long term investment strategy. 20% of my cash is in ILSCs. Wish it was more.

My thoughts are that I read so many posts on here advocating cash ISAs/NSI index linked and IMO they aren't a good investment and many here think they are. Lot of discussion about one cash ISA being 0.2% better than another cash ISA

I'm not advocating that posters should invest all in a UT ISA fund/NS&I index linked just saying that there are alternatives which are available which would add higher interest.

Yes UT fund ISAs are more risky but over 3 years and even the last 5 years when there has been a lot of downside in markets all my UT funds have done better than having the money in a NS&I index linked or cash ISA.