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Thursday, September 5, 2013

Set up for resettlement, great trip, using bindings

One of my friends moves to London for his new work. She is really excited by the opportunity to work abroad, but even with a generous relocation package, she needs to save some refundable moving expenses, the cost of storage for its business in the United States, and an additional travel funds. After all, it will be London - great launch pad for exploring the rest of Europe.

It uses save accounts to save for short-term needs, but she also want to go on a grand tour autour-le-all-Europe in 5 years (and this isn't a backpack through Europe type travel... more like...) 5-Star hotels and first-class rail completely). For this part of the trip, my friend explores the idea of saving his bonus of authentication in bonds, so he will have a chance to grow in value, and it will remove the temptation to its plunging in this money.

Everyone knows about the registration of accounts, but if, like my friend, your time horizon is just a little longer and your a little higher risk tolerance, you can also look into bonds. Fixed rate bonds provide a fixed interest rate so that you receive the same coupon payment each quarter, semester, or year (depending on the duration of the bond) as long as the link is not in default. To find the best fixed price of bonds, compare and contrast different transmitters - but as I learned in finance class (and countless blogs finance!), higher interest rates come from a higher risk. Also, fixed-rate bonds are more vulnerable to the impact of inflation, but short-term obligations are generally protected against this risk in mature, stable economies.

People who are in a similar situation, or who are in the United Kingdom and you want to save or invest in fixed-rate bonds can watch compa-BM of savings, which provide information about these savings products, as well as safeguarding accounts and ISAs (registration of accounts available to individual people in the United Kingdom).

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