Are you paying tax on your savings interest? Would you like to pay less tax? Well, it turns out you can, by stashing your cash in gilts ((UK government bonds.)). It’s a legal and safe option that I’ve personally overlooked until now. The trick is to move your money out of savings accounts and into [...]
cash
Update: Since this article was written, Freetrade has enabled Treasury Bills to also be bought in its ISA and SIPP. These tax shelters enable a tax-free return, and buying and holding in Treasury Bills within them negates the major drawback discussed in our piece below. We’ll hopefully get a chance to update this article in [...]
Bonds are not the same as cash. To confuse the two is a flogging offence in my book.
For a long time we couldn’t compare the rates of interest on cash in investment accounts for one simple reason. Brokers weren’t paying any interest on cash! Rising rates have so dominated the news for the past 18 months that it’s easy to forget that interest rates were near-zero for more than a decade. Even [...]
Why your broker is happy for you to leave a big chunk of your portfolio lying around in cash…
Money market funds are touted as a ‘cash-like’ product which offer better interest rates than the banks. But they’re much riskier than that.
Better known as a global investment giant, Vanguard is currently paying a highly competitive interest rate on cash parked in its ISA, SIPP, and general trading account products. Vanguard doesn’t publicise it but you can currently earn a Vanguard cash interest rate of 3.0935% to 3.1% on money you leave uninvested in its platform. This [...]
Is there any point in bonds any more, when you can get a higher rate of interest from a savings account?
Why are we told to own very low risk assets in our portfolio, and what kinds of investments fulfill this role?
Debate rages as to whether today’s very low interest rates are a symptom or a cause of what still ails us, all these years after the height of the financial crisis…
Cash is rightly considered one of the safest asset classes, but that does not mean holding huge slugs of it is without risk.
Real returns on cash are headed into negative territory, as a result of the decision to Brexit.
Good reads from around the Web. I have often sung the virtues of cash, which – despite my love affair with shares – I consider the king of the asset classes. For example, I have been happy to suggest new investors start with a 50/50 cash and share portfolio, rather than bothering with bonds. And [...]
When a City broker asks you if you fancy a bit of liquidity, you’re probably not being invited to the pub for a swift half…
A one-off, hard-hitting special in which an old pro shows us how to survive in a low interest world.
I’m very pleased to introduce this guest post by Pete Comley, author of the hit free eBook, Monkey with a Pin. (Now also available as an iTunes podcast). Take it away Pete! “Over periods of five years, the returns from shares have historically beaten cash around 80% of the time. Over 10 years, this rises [...]
It might feel good to have a big slug of cash waiting to invest in a market correction, but in practice you may not profit as much as you think.
Warren Buffett’s grandfather had more common sense about cash than many investment bankers of today. Here’s some great wisdom he passed down the family.
Being a ‘rate tart’ and moving your money to follow the best interest rates may sound nerdy, but it substantially boosts returns.
Cash is often an under-rated asset class among private investors, who underestimate the impact that chasing returns can deliver.
By watching how investors treat their cash holdings, you can sometimes get a feel for how carried away the market is. Is cash trash?
Looks like the age of 0% interest rates has come early for customers of TD Waterhouse in the UK, which just announced the rates pictured for cash held in its various share dealing accounts. Dealing accounts typically offer terrible interest rates on uninvested cash, but 0% is taking the biscuit (or rather all of the [...]