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Old 07 May 2010, 03:45 PM
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rb5_336
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For the first time in my life I find myself in the situation where I have a few k per month in disposable income.

I've never invested in products other than premium bonds and ISAs.

I know the basics like pay off high interest debts first, but i'm not able to pay off mortgage due to fixed rate / term etc for the next 7 years.

Are there any good forums or online resources to learn more about the ways to invest money ?

cheers
sean

Last edited by rb5_336; 07 May 2010 at 03:49 PM.
Old 07 May 2010, 04:17 PM
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Midlife......
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Maybe John Banks will be reading this, seems to be one of SN's investment minded individuals

Shaun
Old 07 May 2010, 05:27 PM
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ReallyReallyGoodMeat
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Vegas.
Old 07 May 2010, 05:34 PM
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stilover
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TBH if you have a few £K every month spare, you might be better off just putting most of it in a saving account and wait another 7 years to pay your mortgage off. Or pay it off before and pay the redemption fee (probably less than the interest you'll be paying on your mortgage).

Inversting in stocks and share can have good results, but you can also lose everything you put in.

First priority should always be paying off the mortgage early. best thing I did.
Old 07 May 2010, 05:49 PM
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Chip
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Blue chip shares, more secure shares and often a good divi as well.

Chip (who's down £10k since Tuesday )
Old 08 May 2010, 08:37 AM
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Leslie
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Much less risky to save it. Very disappointing if it all goes TU with your investments.

Les
Old 14 May 2010, 03:41 PM
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TheBigMan
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Got to be the best chav post of the year thus far.

I have 'a few k' spare every month. Text book stuff.

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Old 15 May 2010, 10:07 AM
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rb5_336
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Originally Posted by TheBigMan
Got to be the best chav post of the year thus far.

I have 'a few k' spare every month. Text book stuff.
From a member relatively active on the forum and been a around since 2002 ? You'd not make a very good detective would you? It's a genuine situation I can assure you.
Old 15 May 2010, 10:23 AM
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madscoob
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check with your motgage company . most will allow you to overpay 5% of owed per year . if your intrest is calculated daily (which it should be ) then to me this beats saving all day long imho
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