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  • FIRST POST
    • MSE Luke
    • By MSE Luke 26th Jul 16, 10:32 AM
    • 274Posts
    • 78Thanks
    MSE Luke
    Mourinho savings double interest if Utd win title
    • #1
    • 26th Jul 16, 10:32 AM
    Mourinho savings double interest if Utd win title 26th Jul 16 at 10:32 AM
    "Earn 2.5% on a one-year savings fix... if Man Utd win the league"



    Click reply below to discuss. If you havent already, join the forum to reply. If you arent sure how it all works, read our New to Forum? Intro Guide.
    Last edited by MSE Luke; 26-07-2016 at 2:19 PM.
Page 1
    • bristolleedsfan
    • By bristolleedsfan 26th Jul 16, 11:36 AM
    • 7,679 Posts
    • 9,740 Thanks
    bristolleedsfan
    • #2
    • 26th Jul 16, 11:36 AM
    • #2
    • 26th Jul 16, 11:36 AM
    http://forums.moneysavingexpert.com/showthread.php?t=5497881

    "Last week an email popped up in my Inbox" as well - From " Savers Friend"

    "So I immediately" posted about it on MSE
    Last edited by bristolleedsfan; 26-07-2016 at 11:40 AM.
    • jimjames
    • By jimjames 26th Jul 16, 12:11 PM
    • 13,227 Posts
    • 12,276 Thanks
    jimjames
    • #3
    • 26th Jul 16, 12:11 PM
    • #3
    • 26th Jul 16, 12:11 PM
    It gets tedious but yet again the article doesn't mention far better rates. The example given is for 10k. Why would you settle for 1.25% or even 2.5% when you can get 4% & 5% on that same money.
    Remember the saying: if it looks too good to be true it almost certainly is.
    • colsten
    • By colsten 26th Jul 16, 12:33 PM
    • 10,298 Posts
    • 9,483 Thanks
    colsten
    • #4
    • 26th Jul 16, 12:33 PM
    • #4
    • 26th Jul 16, 12:33 PM
    It gets tedious but yet again the article doesn't mention far better rates. The example given is for 10k. Why would you settle for 1.25% or even 2.5% when you can get 4% & 5% on that same money.
    Originally posted by jimjames
    It's ok - the more people put their money into low interest savings accounts, the higher the likelihood that the really good rates will remain available to the rest of us for much longer.
    • silvercar
    • By silvercar 26th Jul 16, 4:22 PM
    • 39,000 Posts
    • 162,546 Thanks
    silvercar
    • #5
    • 26th Jul 16, 4:22 PM
    • #5
    • 26th Jul 16, 4:22 PM
    To cover all angles, put money in the bond and bet against Man Utd winning the league. Include the cost of placing the bet in your calculation and then work out the odds with & without Man Utd winning.
    • schiff
    • By schiff 27th Jul 16, 9:00 AM
    • 18,496 Posts
    • 9,917 Thanks
    schiff
    • #6
    • 27th Jul 16, 9:00 AM
    • #6
    • 27th Jul 16, 9:00 AM
    QUOTE: Maybe it’s because they think their team (Manchester City, ugh) has a chance of winning the league this year? Maybe it’s envy because their small team doesn’t have the large fan base across the UK that makes offering such an account worthwhile?

    So having a large fan base across the UK means the automatic title, does it?

    More people to be disappointed probably. For the second successive year.

    We'll see.
    • savings my hobby
    • By savings my hobby 27th Jul 16, 4:12 PM
    • 357 Posts
    • 445 Thanks
    savings my hobby
    • #7
    • 27th Jul 16, 4:12 PM
    • #7
    • 27th Jul 16, 4:12 PM
    Not sure about United winning the title although I see odds of 1/3 for United to finish in the top 4 for those of you who likes a flutter.
    Earn, Save and Achieve
    • phillw
    • By phillw 1st Aug 16, 7:21 AM
    • 2,281 Posts
    • 1,800 Thanks
    phillw
    • #8
    • 1st Aug 16, 7:21 AM
    • #8
    • 1st Aug 16, 7:21 AM
    It gets tedious but yet again the article doesn't mention far better rates. The example given is for 10k. Why would you settle for 1.25% or even 2.5% when you can get 4% & 5% on that same money.
    Originally posted by jimjames
    With the uncertainty in the market then it's possible to do even better if you have a higher risk profile and a decent IFA. Obviously this isn't guaranteed and it requires you to do more than just hide the money away and forget about it.
    • bigadaj
    • By bigadaj 1st Aug 16, 8:37 AM
    • 10,827 Posts
    • 7,160 Thanks
    bigadaj
    • #9
    • 1st Aug 16, 8:37 AM
    • #9
    • 1st Aug 16, 8:37 AM
    With the uncertainty in the market then it's possible to do even better if you have a higher risk profile and a decent IFA. Obviously this isn't guaranteed and it requires you to do more than just hide the money away and forget about it.
    Originally posted by phillw
    Let's not start conflating saving and investing again, it's going to confuse newbies and promotes things like corporate bonds being sold as savings products, or at least giving that impression.
    • kidmugsy
    • By kidmugsy 1st Aug 16, 10:54 AM
    • 12,480 Posts
    • 8,850 Thanks
    kidmugsy
    Half the interest if ManU don't win the title.
    • Notfarfromtheborder
    • By Notfarfromtheborder 1st Aug 16, 11:26 AM
    • 123 Posts
    • 164 Thanks
    Notfarfromtheborder
    Quick calcs


    2.23% return with both eventualities covered
    Bet against them not to win





    • hoc
    • By hoc 5th Apr 17, 11:15 PM
    • 285 Posts
    • 159 Thanks
    hoc
    Mourinho savings!
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