ATTAK Z

nub said What's the best way to invest around 30k down south if I already have a mortgage and don't want to use it to pay off the interest etc. Would love to buy to let a 1 bedroom flat or something but being that I've already got a mortgage, on paper it's unaffordable so I might give the money to my bro to do the same. Any other ideas what to do with 30k? How much would one need to begin low end property development? I.e like on homes under the hammer. I could raise more deposit but selling the Z is not an option of course and I'll buy mods each year What do you know about property development ? Do you have skills you could use doing some work yourself ? Do you have friends that have skills that you could use ? There's a bit more to it than buying a property and giving it a lick of paint ...

I spat my drink out reading that ... very hilarious

OK thanks I guess I live in Zone 142 then

I like that

Anyone care to inform the yokels (me included) what Zone 3 is ?

I, for one, have no wish to visit, never mind live in, London or any other city for that matter TBH; I'm quite happy living and working in the sticks

Some say oil consumption is a function of fuel grade on a DE engine ... always use super unleaded

You have a unique 350Z there

Hello and welcome to the definitive Zed club

I used Numbers for the first time from scratch last week ... thought it was about time ... I like it - it's so much more intuitive than Excel and the output looks much cleaner and more modern

Good thread this though I say it myself

Are these all savings accounts you can have without opening a current account? I thought having too many bank accounts was bad for your credit score? I've got a 30% housing deposit in a stocks and shares ISA, but I sold all the stocks around 18 months ago so its just sitting in cash on a S&S ISA. Which means its generating next to nothing. I didn't want to take it out of the ISA wrapper as it took years to build up the total value and was hoping the cash ISA rate might rise at some point. I put the full amount into the first direct monthly saver and a Halifax help to buy ISA, but there's more I could do. The Zeditis is wearing off... Most of the high interest accounts are current accounts Most of the high interest savings accounts require you to open a current account Generally speaking Don't think opening more accounts affects your credit rating ... I've opened about 6 or 7 new ones in the last 12 months with no adverse effect

It's a good game this ... I recently bought a car through CarWow ... I got 20.7% off list, so a good deal ... the discount included £1k manufacturer's contribution if I took out 0% finance deal which I will do. I now have to put down about £5K deposit which I'll do with a new 0% credit card and I'll invest the cash I would have used in a 5% interest account. The monthly payments for the next year will also be paid by said credit card and I'll invest that money in a 5% interest account too. At the end of 12months I'll do the same again and (hopefully) get a bonus for switching the current account and get another 0% credit card. At the end of that period I'll probably pay off the car with cash and interest earned ... The car's for Mrs ATTAK Z so she's happy, I've saved money and will make money on the investment, so I'm happy, and I've sold the old car privately for a good price which has already been invested. Also the new car is zero road tax if it's registered before April (which it will be) So that's a WIN WIN WIN WIN WIN WIN situation if my calculations are correct ...happy days ETA and I get 0.5% cash back on all credit card purchases ...

Steel yep ... they made the bonnet of aluminium and the prop shaft of carbon fibre to save weight but that's as far as it went ... I think !

I dreamt I wanted (and could perhaps stretch to) a yellow Corvette last night, so I configured it this morning ... then son no.1 FaceTimed and told me Ford are thinking about a twin turbo V8 Mustang for 2018/19 ... now, if I last out till then, I just might ..................

Lots of car for £70K

Thanks ... last Maverick to be sold ... well really I didn't buy it - it was kind of a barter with Mark James ( who owned the Maverick manufacturing company in South Korea) ... he came to live near me and wanted some design work doing on the house he bought ... he gave me the guitar when his guitar tech had set it up for me personally ... plays like a dream and I'll never sell it !

Come on you Scots, even an Yorkshireman knows it's 'Hogmanay'

I've got a Maverick and a pair of Jacksons I'm an ex-member of Def Leppard no not really

Good info. there Strudul ... that's why I started this thread - you can always learn from others ... don't forget the introduction bonuses also !

Oh and if you've got a Nationwide FlexDirect account (gaining 5%) you can put £500 per month into a savings account that gains 5% for 12 months; so thats 5% on £2500 and 5% on (average) £3000 over the year which is a total of £275.00 ... not bad these days

That about sums it up, although Santander 123 is still good if you've lots of disposable since you can still get 1.5% on up to £60K if you have a partner I think you have to switch (rather than just open an account) to First Direct to get the £100 for joining and the £100 for leaving though ?

still better than 0% in a non-performing current account or under the bed

yea I do that too