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House Price Crash forum > Investment > Cash ISA's and Savings Accounts
sign_of_the_times
Dec 30 2007, 11:03 PM
I'm getting twitchy about savings rates and inflation, so decided to stock up on index-linked certs as I wont be buying a house in the next 3 years and I want my savings protected to some extent.
I've already got 30k in the latest 3 yr issue (me and the wife) and just filled in the forms to do the same amount in trust with each other, bringing the total to 60k.
I've got 2 kids (5 & 7) - can I put 15k each in their own names and then a further 15k each in trust ? (making total invested with NS&I 120k)

thanks in advance..... smile.gif

SOTT
Housing Bear
Mar 20 2008, 11:30 PM
QUOTE (sign_of_the_times @ Dec 30 2007, 11:03 PM) *
I'm getting twitchy about savings rates and inflation, so decided to stock up on index-linked certs as I wont be buying a house in the next 3 years and I want my savings protected to some extent.
I've already got 30k in the latest 3 yr issue (me and the wife) and just filled in the forms to do the same amount in trust with each other, bringing the total to 60k.
I've got 2 kids (5 & 7) - can I put 15k each in their own names and then a further 15k each in trust ? (making total invested with NS&I 120k)

thanks in advance..... smile.gif

SOTT

yes. I phoned NS&I today on this very point ... as far as I understand, the answer is yes... but please phone them first!
What do you think will happem to RPI ove the next 2 - 3 years?
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