Aaah, so instead of saving money each month, you'd feel better having to make repayments on a loan instead, cool, thought about a locked savers account where you can't get access for a fixed period? Set up a standing order and let it be...
more than likely fck all as id be interested to see what the octane rating would be on two year old fuel.
I thought if I saved up 'backwards' by getting the loan i'd be getting interest on the full amount from day 1. I might set up a 447 standing order into an account and see how much it stretches me untill X-mas.
Buy 10Kg of silver http://atkinsonsthejewellers.com/shop.php?sec=prod&prod=436 if you bought 10Kg of silver last year, you would have earned a 100% profit.
One possible way (and I'm biased cos I work with solar) is to use the 10k to put some panels on your roof. Depending on your location you'd have paid off the system in 5-6 years and after that your daytime 'leccys free. You'll only benefit if you have no intention of moving house in the next 10 years though.
Post Office do a 2 year online bond: Interest at 3.96% gross which works out as 3.17% if you're a basic rate tax payer or 2.38% if higher. http://www2.postoffice.co.uk/finance/savings-investments/online-bond That seems to be the best around based on what I've looked at myself.
Wasnt there some sort of tax fiddle that ended a few weeks back, which is why people were scrambling to get panels fitted before the cut off date.
I think you got a fixed rate from the Government for any excess you generated which was to encourage people to get them fitted but businesses saw it as a get rich quick scheme instead?
which is how you get your free electricity, you don't generate it to use, you generate it to sell, thus using your own profits to pay for your own usage and bank the rest.
It is called the FIT scheme (feed in tariff), another money making scam for the well off, sold on green credentials. Sell the surplus units you generate for 3 times the price you pay for your own. As if a few percent of the population that own their own home and have 10 k spare to "invest" in solar makes a drop of difference to offset the carbon usage of the majority of society who either live in rented or poorly insulated houses. Who the feck pays for the FIT payments to these investors? The folk at the bottom of the ladder with their over priced card meter tariffs. It is an ethical disgrace IMO. And I am all for being eco friendly too.
Some info on solar in here: http://www.hotukdeals.com/deals/4kw...ee-electricity-paid-25k-over-25-years/1007317
probably, i'm not an accountant, but a little risk would yeald a better return, the big guys dropped gold a while back and bought farmland. Silver is a good bet because it's used in all sorts of industrial processes, so unlike gold it's "needed" Although the amount of silver on the silver market doesn't actually exist. But really the workings of the imaginary money system is baffling
