Reply With QuoteYou are not going to get much regular income out of £25k. What are you hoping for?Originally Posted by Taxboy
I know there are some keen investors on here. I would appreciate a steer on the best sites to do some research on where to invest £25k.
I would be looking for regular income rather than outright capital growth. Ideally I would like to view individual annual payments over say a 5 year period rather than the consolidated value of outright growth
Any advice appreciated
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You are not going to get much regular income out of £25k. What are you hoping for?
Premium bonds. Free to invest, money safe and will provide 1.5 ish % (£375) a year. And a chance to win big of course. Anything stock market relates brings massively increased risk (esp right now) and you could lose the lot.
Something a bit better than a savings account - would 4% and capital protected be reasonable. The amount was a typo should read £55k sorry
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If you find this, please post it here.
So in the current climate what is achievable?
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0.75-1.0% max, £55k notwithstanding.
See my post above - 1.5% (probably) on premium bonds with no risk and zero fees and instant access to the money, should you need it.
It's a while since I last looked but 1% from an equity backed investment is pretty low but I guess these are turbulent times. I had a quick look and 1% is available from a 1 yr fixed term savings account. Perhaps longer term capital growth might be the way ahead ?
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Indeed, but you said income was priority. Whatever, less than 1.5% almost regardless of short term duration.
Thanks for that. Income was my priority but if the return is so low with the equity risk I will probably have to reevaluate my thinking
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Income Bonds pay 1.15% at this time.
Premium Bonds should around 1.4% with the potential for more.
Anything else is some form of investment fund. I am currently looking at Vanguard Lifestrategy. They are not the most dynamic of funds, but do seem to offer a risk lead option for most people.
Obviously the markets are all over the place...so the risk is what it is.
You can get 1% with an instant access Direct Saver from NS&I.
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You might want to change your username........
When you look long into an abyss, the abyss looks long into you.........
Since you asked for a site for research, here’s a good place:
https://www.morningstar.co.uk/uk/
You can get fractionally better bank/building society rates with regular savings accounts. Trouble is you drip feed in so average balance is modest.
https://www.moneysavingexpert.com/sa...ings-accounts/
Just one article that came up when I was looking:
https://www.morningstar.co.uk/uk/new...ng-stocks.aspx
By 10 stainless steel Rolex , I'd suggest the 2 or 4 liner 14060m no dates.
Otherwise Premium Bonds or overpay your mortgage if you have one.
You could consider using it as a deposit for a buy to let somewhere.
For a savings account you will have to pay tax after £500 of interest which depending on the account £55k is likely to go over.
Many thanks
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You're welcome. I should take it as a nudge to do something myself!
I spend far too much time out of the market having forecast 46 of the last 3 stock market crashes!
Statistically the odds are apparently (pro-rata to holding) greater of winning a big prize if you own a decent chunk of premium bonds. 1.4% is the blended payout and it shouldn't make a difference how many you own to the chances of each £1 invested winning, but apparently the marginal return increases as you add more.
I'd agree with others, they are as good as anything for income with preserved capital, you need to get a loyalty offer for higher savings rates against existing bonds maturing
I think it's more that the more you have the greater the probability that you will earn the prize fund rate.
https://www.moneysavingexpert.com/sa...ds-calculator/
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