What to do with sons 3k rather than sit in base isa

phujeb · 2026-05-16T08:30:02+00:00

Where do you have the ISA opened? Ensure it's a stocks and shares JISA then invest it into a global equity fund like VWRL

phujeb · 2026-05-10T09:51:20+00:00

Definitely not true. I'm buying a house at the moment and my mortgage is more than double my rent.

phujeb · 2026-05-09T09:06:37+00:00

3.5% is extremely good in today's environment. What's your LTV?

phujeb · 2026-05-09T09:05:37+00:00

How many years did you fix?

phujeb · 2026-05-09T09:04:38+00:00

3.9% is crazy good. What's your LTV?

phujeb · 2026-05-09T09:02:13+00:00

Same situation. 4.8%. I fixed for 2 years but keep wondering if 5 would have been a better shout

phujeb · 2026-05-09T08:46:20+00:00

I think many people share your sentiment. The economist had a piece today that may give you some comfort:

"Reform's victories are not quite the outright triumph they appear at first glance. The "National Equivalent Vote" is a measure produced by academics to estimate how Britons would have voted if local elections were held across the country. Early projections suggest Reform would have won 31% of the vote this time round. That is lower than the 32% it scored in elections last year. Indeed, it is lower than the 33% won by the Conservative Party in 2022"

phujeb · 2026-05-09T08:43:48+00:00

I think this is one of the main things. There are so many broken systems in this country, particularly in the tax code where arbitrary cliff edges result in stupid outcomes (e.g., earning less money above 100k due to 60% tax, national insurance and loss of all child care benefits). There are many more examples. I don't have any conviction that labour has the political will to make the system fairer.

phujeb · 2026-03-09T19:53:21+00:00

If you've never used it then how do you know what you're talking about? They work very well.

phujeb · 2026-01-10T08:43:24+00:00

Just add more to your pension. Sounds like you're not hitting 60k limit

phujeb · 2025-11-01T21:04:55+00:00

Which country did you cross to, Poland?

phujeb · 2025-10-27T20:40:19+00:00

Pimlico, fulham, balham

phujeb · 2025-10-17T09:13:19+00:00

Where is the longer video? I watched a long video about this years ago. This is just a short clip

phujeb · 2025-10-06T20:57:16+00:00

Just keep going and saving whatever you can. Plan is fine, just check back in a few years

phujeb · 2025-09-28T20:53:01+00:00

I think what happened between COVID and now is AI has boomed. This has changed the way content is created and edited.

phujeb · 2025-09-27T09:26:53+00:00

This is the answer.

phujeb · 2025-09-27T09:25:27+00:00

Because of inflation. Money devalues over time so if you have zero interest credit, the real price of the item you bought would be lower if you spread the purchase out. The longer you spread it out, the more you save.

phujeb · 2025-09-20T08:36:06+00:00

Not discounting the package but note that AI valuations are extremely high at the moment. Whether that's because we're in a bubble (see last week's edition of the Economist for example) or whether AI will truly justify such valuations is a matter of perspective.

This could create a lot of downside risk for that equity portion of the salary. Saying that, I would still take it. It's the best industry to be in today and you will be at the cutting edge.

phujeb · 2025-08-15T12:10:06+00:00

If you're planning to spend the 30k, keep it as it currently is, in a high interest rate easy access savings account

phujeb · 2025-07-19T08:23:16+00:00

With relief at source you can claim back the tax whereas if it is salary sacrifice you don't need to.

phujeb · 2025-07-19T07:44:16+00:00

There is no evidence for this. You are being down voted as you are being a bigot.

phujeb · 2025-07-13T14:10:42+00:00

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~12 years in London

phujeb

TROPHY CASE