The Anonymous Widower

A Poor Article On Saving

The Money section in The Times has an article entitled, Safe Havens Are Offering A Poor Return

It contains this paragraph.

Why choose a two-year fixed-rate Isa offering a paltry two per cent return when you could be looking at far more for a stocks and shares Isa?

It then says that cash is less volatile.

But the article doesn’t mention the guaranteed investment I use to get over five percent before tax; peer-to-peer lending with Zopa.

Remember too, with peer-to-peer lending, you are the middle-man, so you only pay commission to yourself!

But then if Francesca Steele, who wrote the article, had the experience of peer-to-peer lending that I have, she’d probably have written a totally different piece entirely.

September 6, 2014 - Posted by AnonW | Finance | Peer-to-Peer Lending, Zopa