We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Best option for savings
Norfolkian
Posts: 1 Newbie
Safety net cut from £85k to £75 k
Premium Bonds - Government - could the see this as easy target for seizing money if a financial crises arouse - thinking of Cyprus and most likely Greece.
What would be best strategy for low middle income earners, who can't go offshore - BVIs.
Implications for UK Government running a surplus budget!
Premium Bonds - Government - could the see this as easy target for seizing money if a financial crises arouse - thinking of Cyprus and most likely Greece.
What would be best strategy for low middle income earners, who can't go offshore - BVIs.
Implications for UK Government running a surplus budget!
0
Comments
-
Invest in shares or funds.
These have not been taken as part of Cyprus or other financial crisis. Obviously the value isn't guaranteed but long term you should do better than cash anyway with less risk of a hair cut.Remember the saying: if it looks too good to be true it almost certainly is.0 -
Spread your savings around a few different banks and building societies - as any sensible person would anyway even if the limit were unchanged.Free the dunston one next time too.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards