How do I raise funds without losing out

CountessWells

I need to raise money urgently. Do I cash in on my gold sovereigns or do I cash in my NS&I savings before the end of their term?

wmb194

CountessWells said:

I need to raise money urgently. Do I cash in on my gold sovereigns or do I cash in my NS&I savings before the end of their term?

Both, one or the other? Gold is trading close to its all time high so might not be a terrible idea to take some profit and capital gains tax doesn't apply to 1837 and later British coins.

What's the penalty for cashing in the NS&I savings bond?

elsien

Insufficient information to hazard any sort of a guess. 

MeteredOut

elsien said:

Insufficient information to hazard any sort of a guess. 

Agreed, might as well toss a sovereign and choose head or tails.

eskbanker

CountessWells said:

I need to raise money urgently. Do I cash in on my gold sovereigns or do I cash in my NS&I savings before the end of their term?

Are those the only two options (i.e. you've ruled out loans, credit cards, personal borrowing, etc) and if so, on what basis will you make an informed decision between those?

ColdIron

I need to cook dinner tonight. Do I take chicken or pasta from the fridge?

Middle_of_the_Road

CountessWells said:

I need to raise money urgently. Do I cash in on my gold sovereigns or do I cash in my NS&I savings before the end of their term?

Is it possible to do that?

mebu60

ColdIron said:

I need to cook dinner tonight. Do I take chicken or pasta from the fridge?

You keep your pasta in the fridge? I'd prefer rice anyway, thank you. 

ColdIron

I don't cook much pasta (as you have spotted), but I was trying not to get lost in detail

Middle_of_the_Road

mebu60 said:

ColdIron said:

I need to cook dinner tonight. Do I take chicken or pasta from the fridge?

You keep your pasta in the fridge?

..along with their Iron it seems 🙂