100k to Invest

Discussion in 'Finance, Property, Law' started by Mighty_Blighty, Feb 14, 2012.

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  1. Ladies & Gents

    I am on the lookout for a decent (5%+) longterm savings account to invest £100k+ in.

    The problem is, it is not for me, it is for a Charity, so an ISA is no good.

    In a nutshell, we have all our money in one RBS account at the moment and it is earning peanuts, and I have been asked to put some of it to better use, rather than just leaving it in the current account.

    Could anyone out there in ARRSE land give me any pointers, as I have approached most of the major high street banks and they are not interested.

    Many thanks

  2. Alsacien

    Alsacien LE Moderator

  3. Ravers

    Ravers LE Reviewer Book Reviewer

    Buy a couple of shitty flats in Liverpool or some other godforsaken hell hole. Then become an unscrupulous land lord.
  4. Wrong answer.

    Buy 1 shitty flat somewhere, then buy 5 eastern eurpoean slags. Job done.
    • Like Like x 2
  5. BiscuitsAB

    BiscuitsAB LE Moderator

    As I'm sure you know there are rules as to how and what you can do with charity monies. If you seriously want to talk then pm me and I'll give you our contact details and we can talk through your options.
  6. Ravers

    Ravers LE Reviewer Book Reviewer

    Tread carefully around this offer, he might just want your contact details so he can put his fingers inside you.
    • Like Like x 1
  7. BiscuitsAB

    BiscuitsAB LE Moderator

    Well I hope he keeps his nails short
  8. Christ - I think everyone would like a 5% guaranteed return. The best you'll get on fixed bonds at the moment is ~ 4% for 2 years.

    Go to a professional. I would like to say "You won't regret it" but you probably will. Better than getting advice on here though. Unless you want to know how to embezzle it and blow the lot on cock hungry Ecudorian teenagers?

    Male or female by the way? ... I'm not judging.
  9. BiscuitsAB

    BiscuitsAB LE Moderator

    Well we're a Chartered Practice with an investment specialist who has experience in this area, with no links to Ecuador but I do know someone in Thailand if that helps!
  10. I'm also unaware of the procedures & protocols of Charity money usage, however I have contacts via a Guernsey Bank & I could find out further details if required, just another option if BisuitsAB's assistance does'nt materialise.
  11. Pre or post op?
  12. BiscuitsAB

    BiscuitsAB LE Moderator

    Yer pays yer money and makesyer choice mate
  13. Thanks for the replies gents!

    For the serious ones, I have been advised to speak to Scottish Widdows, who offer 3.75% fixed for 3 years on Charity accounts, which by all accounts is a reasonable return in the currect economic climate.

    Having spent 2 days on this, when I should be doing what I am actually paid to do, I am tempted to go with this!

    Biccies, if you believe your firm could do better than that, then please let me know.

  14. BiscuitsAB

    BiscuitsAB LE Moderator

    Pm inbound mate