Masks are very popular these days, just put one on and rob a bank
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| SENSIBLE TIPS TO MAKE BETTER USE OF FINANCES https://www.paphospeople.com/ppforum/viewtopic.php?f=47&t=35237 |
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| Author: | windowsxp10 [ Sat Aug 22, 2020 1:45 pm ] |
| Post subject: | SENSIBLE TIPS TO MAKE BETTER USE OF FINANCES |
Hello All Does anyone have any sensible tips to make our pensions go further please.e.g. investments,clever ideas,buying cheaply etc etc.Thank you |
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| Author: | clive of payia [ Sat Aug 22, 2020 3:19 pm ] |
| Post subject: | Re: SENSIBLE TIPS TO MAKE BETTER USE OF FINANCES |
I'm not a financial expert. Something many of us are searching for. Its the loss of the interest on savings that effects many. When we first came out here, 2001 you could get 7% with Bank of Cyprus, 0.01 now. With no UK address, (don't use a relatives address they will find you out eventually,) its virtually impossible to get a savings account in the UK but that's 0.01 interest there as well. There are "Investment or Wealth Managers" offering 9% but when you dig deeper you find they are not completely British and not subject the UK's Financial Control Authority so very risky. Premium Bonds, UK Government Bonds are a long term investment. Others I can think of are: Long term, investing your savings in property. If you invest in the UK you are liable for UK tax. Where is the Cyprus property market going? Start a niche business. If own a large property here, downsize and reap the profit from the equity. The kids might scream though. That's all I can think of. Any other ideas anyone? Shooting of messengers is not healthy. |
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| Author: | Effsie [ Sat Aug 22, 2020 4:25 pm ] |
| Post subject: | Re: SENSIBLE TIPS TO MAKE BETTER USE OF FINANCES |
Premium Bonds are usually a good bet and do not need to be a long term investment. You can buy up to £50,000 of bonds and they currently have an average return of 1.5%, plus you could win a prize of up to £1,000,000. You can also cash them in at any time and get your full investment back. Not a huge return, but a safe investment. |
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| Author: | Old Twister [ Sat Aug 22, 2020 5:39 pm ] |
| Post subject: | Re: SENSIBLE TIPS TO MAKE BETTER USE OF FINANCES |
Masks are very popular these days, just put one on and rob a bank
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| Author: | emgeeb [ Sun Aug 23, 2020 12:40 pm ] |
| Post subject: | Re: SENSIBLE TIPS TO MAKE BETTER USE OF FINANCES |
If something is too good to be true, then it usually is. Caveat emptor. Alan |
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