PO changes

[Onelife]

Whilst ISAs are the sensible choice for nearly risk free savings (We have them) I just love the second working day of every month…it must be the gambler in me

What’s a ‘working day’ ?

I know what you mean Barney, but someone’s got to do it... to count all our your money

[Ranchi]

Squirrelling away £40k pa includes risk as half of that would be in shares.Six years ago you could have bought 400 CCL shares for your £20k.

[barney]

Squirrelling away £40k pa includes risk as half of that would be in shares.Six years ago you could have bought 400 CCL shares for your £20k.

Cash, between us!

Like cash
Dislike risk

We both sold successful businesses so totally unlikely to risk anything.

[Onelife]

“Risk is why you are where you are today Barney…enjoyment of risk is the downfall of many”.

Onelife

[barney]

Neither business was much of a risk OL because we both knew what we were doing.
Mrs B had ladies fashion shops but had worked in the business most of her working life.
Never borrow. Never over commit. Never over stock.
Good location.
Get out at the right time.
Pretty simple really.

[Mervyn and Trish]

Our savings are mostly in Premium Bonds these days.

Less risky and better returns than Keffie's investments.

[Onelife]

The best investment we ever made was cashing in our property shares just after Black Wednesday… just under two weeks later share withdrawals were frozen and we would have lost several thousands of pounds.

It was after this we mostly invested in Premium Bonds.

Whilst my investments on the gee gee’s will have shown a loss over the years, I doubt it would amount to anywhere near the cost of Sir Merv’s golf membership