O/T for NSC financial advisors

[Uncle Spielberg]

He's definitely an independent mortgage broker, not sure if he's an IFA too, is the a difference? That business is all wrapped up with legislation, legalities and red tape these days.

I am indeed a whole of market mortgage broker and not an IFA.

 

[halbpro]

Buy Bitcoins

Good for an experiment, worse than the stock market for guaranteed returns though.

 

[Uncle C]

Good for an experiment, worse than the stock market for guaranteed returns though.

Why do people keep mentioning guaranteed returns, when they are not?

The OP needs to decide if he wants to invest or speculate. They are very different and nobody can give proper advice till he decides.

 

[Vegas Seagull]

Buy 100,000 shares in Coms ticker Coms.l @ 6p

£6480

 

[Herr Tubthumper]

Good for an experiment, worse than the stock market for guaranteed returns though.

Guaranteed returns on the stock market?

 

[Beach Hut]

Why do people keep mentioning guaranteed returns, when they are not?

I had thought there were never guaranteed returns on investments these days as it is illegal to say this ?

 

[halbpro]

Guaranteed returns on the stock market?

Absolutely not, and that's my point. Perhaps saying "they're far more volatile than the stock market" would have been better phrasing.

 

[Herr Tubthumper]

Absolutely not, and that's my point. Perhaps saying "they're far more volatile than the stock market" would have been better phrasing.

I understand. I appreciate what you're saying but I'm curious about this and want to get involved. Personally, I think it will take off; I think the time is right for alternative methods. As an example I currently use peer-2-peer currency exchange which pisses all over the rates you get at the bank. Surely it is only a matter of time before this becomes the norm? I appreciate Bitcoin is a huge step and leap of faith further but then 5 years ago they said the same of the currency exchange I use.

 

[Vegas Seagull]

Buy 100,000 shares in Coms ticker Coms.l @ 6p

£9400

 

[pauli cee]

I'm sure my nationwide pays 5% if I put over a grand in monthly. Shame it's used for the Greyhound syndicate really.

ooooh, are we making money

 

[mistahclarke]

ooooh, are we making money

don't quit the day job just yet Paul

 

[Return of the Rev]

i have come into £10,000. Need to spend £4,000 of it now, but would like to save/invest £6,000 5 years max as this will go towards a new car.

Already have £5,000 in an instant cash isa for rainy day.

What are my options for the £6,000?

Went to nationwide today (they being my building society) and they were pretty useless. So, any advice welcome.

I would stick it in the 83 cash account at the nationwide.