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Investing Money

Investing Money

Old Apr 26th 2006, 7:39 pm
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Default Investing Money

Hi,
More questions from an almost-newcomer!
Hoping to sell house here in UK this month, and move out to Arizona in August.
The sale will realize a little capital - after we pay off the mortgages, finance the move, plane tickets etc.
Any advises please on whether to invest this stateside (and if so, where, how?) or in UK?
NB No pension provision at this stage - we are effectively living in it!

Your thoughts would be appreciated.
Thank you.
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Old Apr 26th 2006, 7:44 pm
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Default Re: Investing Money

personally, I think if you intend to remain in the USA, then investing in the USA make more sense.
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Old Apr 26th 2006, 7:59 pm
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Default Re: Investing Money

Originally Posted by britnyank
Hi,
More questions from an almost-newcomer!
Hoping to sell house here in UK this month, and move out to Arizona in August.
The sale will realize a little capital - after we pay off the mortgages, finance the move, plane tickets etc.
Any advises please on whether to invest this stateside (and if so, where, how?) or in UK?
NB No pension provision at this stage - we are effectively living in it!

Your thoughts would be appreciated.
Thank you.
That capital could come in handy for a downpayment on a house in AZ if you're thinking of buying as soon as you get stateside.

If not, it'd make practical sense to invest over here.
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Old Apr 26th 2006, 8:04 pm
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Default Re: Investing Money

Originally Posted by britnyank
Hi,
More questions from an almost-newcomer!
Hoping to sell house here in UK this month, and move out to Arizona in August.
The sale will realize a little capital - after we pay off the mortgages, finance the move, plane tickets etc.
Any advises please on whether to invest this stateside (and if so, where, how?) or in UK?
NB No pension provision at this stage - we are effectively living in it!

Your thoughts would be appreciated.
Thank you.
Be very careful - the dollar has already taken a slight dive in the past few weeks due to the fed's interest rate announcement.
The current oil price situation could further dent the currency leaving you losing out before you already began.
On the otherhand if you intend to stay in the US for the rest of your life that won't make the slightest bit of difference, though you could get more bucks for your pounds if the rates fall even further.
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Old Apr 26th 2006, 9:32 pm
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Premium Bonds....
and do keep a UK bank account ...and an address..
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Old Apr 26th 2006, 9:42 pm
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Default Re: Investing Money

Originally Posted by Ray
Premium Bonds....
and do keep a UK bank account ...and an address..

for sure...good old ernie
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Old Apr 26th 2006, 9:43 pm
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Default Re: Investing Money

Originally Posted by TruBrit
for sure...good old ernie
Does me nicely 10 months of the year ....
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Old Apr 26th 2006, 9:45 pm
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Default Re: Investing Money

Originally Posted by Ray
Does me nicely 10 months of the year ....
lol hey that frodsham was back on here under another user name....but we spotted him and now he's a gonner
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Old Apr 26th 2006, 9:46 pm
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Default Re: Investing Money

Originally Posted by Celsius
That capital could come in handy for a downpayment on a house in AZ if you're thinking of buying as soon as you get stateside.

If not, it'd make practical sense to invest over here.

Yep, downpayments are a must if you intend to buy. Prices on homes in AZ have climbed dramatically in the last few years so if you are intending on buying I would do it sooner rather than later. And as Ray said, Keep Bank accounts and addresses in the UK for as long as possible.
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Old Apr 26th 2006, 9:47 pm
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Default Re: Investing Money

Originally Posted by TruBrit
lol hey that frodsham was back on here under another user name....but we spotted him and now he's a gonner



How was he figured out?
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Old Apr 26th 2006, 9:51 pm
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Default Re: Investing Money

Originally Posted by blaze
How was he figured out?

he had started a new thread calling himself yorkie something or other and after about 6 replies i asked if he was on here the other day calling himself frodsham and about that time manc looked up his isp and yep it was him so the thread got deleted and i awarded myself 5 brownie points
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Old Apr 26th 2006, 9:54 pm
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Default Re: Investing Money

Originally Posted by TruBrit
he had started a new thread calling himself yorkie something or other and after about 6 replies i asked if he was on here the other day calling himself frodsham and about that time manc looked up his isp and yep it was him so the thread got deleted and i awarded myself 5 brownie points


Good for you, "Hail queen Trubrit" LOL
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Old Apr 26th 2006, 9:55 pm
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Default Re: Investing Money

Originally Posted by blaze
Good for you, "Hail queen Trubrit" LOL
ohhh i say ta very much
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Old Apr 26th 2006, 9:57 pm
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Default Re: Investing Money

Originally Posted by TruBrit
ohhh i say ta very much



You're very welcome, we have to stick together and keep out the 'Rif-Raf'! LOL
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Old Apr 26th 2006, 9:58 pm
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Default Re: Investing Money

Originally Posted by blaze
You're very welcome, we have to stick together and keep out the 'Rif-Raf'! LOL

exactly
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