Recently I have been looking to invest some cash in various parts of the world and its quite interesting Barclays for one are a pain to deal with. So not clear with what they will offer. And they also say must put my money with them before they will advise. (yep sure no problem doing that) Absolute idiots thinking I will do that.
UK Barclays Isle of Man branch Fixed deposit for 3 years offer a return rate of between 0.1 to 0.75% PA depending on how I read the offer.
SA ABSA Fixed deposit for 3 years (Barclay carry 100% responsibility of ABSA with only 62.3% of the benefits not sure but they own less now) offer a return of +/-8% PA
That's a big difference why?
So were can we get a good safe % PA return on lets start with say 100,000 pounds, excluding exchange rate changes and over 3 years. No risky investments.
Please correct the UK rate if I have read it incorrectly
UK Barclays Isle of Man branch Fixed deposit for 3 years offer a return rate of between 0.1 to 0.75% PA depending on how I read the offer.
SA ABSA Fixed deposit for 3 years (Barclay carry 100% responsibility of ABSA with only 62.3% of the benefits not sure but they own less now) offer a return of +/-8% PA
That's a big difference why?
So were can we get a good safe % PA return on lets start with say 100,000 pounds, excluding exchange rate changes and over 3 years. No risky investments.
Please correct the UK rate if I have read it incorrectly
Comment