Or you could overpay your estimated tax bill, when you eventually get the money back you get 2% interest tax free.

Probably there is some sort of limit on the amount you can overpay & still get interest??

not sure, if abused maybe it will be closed down or the IR changed. i remember a similar kind of scheme being used for corporates in the UK when the banking crisis was going on - you could dump millions of cash into a structure which would be safe (important given all the banks collapsing) but also paying out a very high interest rate - the government shut it down in the end as more companies began to 'abuse' the provisions.

anyway, i would rather keep cash on hand and retain flexibility than lock it away for a tiny additional bit of interest.

Invest in India, there the rate is 9%... inflation is even more but that doesnt bother you i suppose..

and yes GOLD is gold indeed...
even silver is ... do you know that silver has given the highest returns in the last 5 years ? its more than Gold or any other bond or equity.

The best way is invest into medium term bonfd and get up to 6% in USD.
Also you can lock exchnage rate and get 5.5% in CHF.
Alternativly buy gold togenther with buying put option with the strike equal to current spot rate , it will provide 100% capital protection.
Another fantastic option is to buy EUR/CHF with 1:20 leverage and get 10% PER ANNUM!!! Bottom side is protected by SNB and there is potentio to reah 1.30! and make 150%!!!!
Will be happy to help for HNWI.

Any HNWI reading the above should be hearing an alarm bell ringing.

Beware Financial Advisors on the Prowl!

Financial Mis-selling to expats

Cold Calls from 'Financial Advisors'

Totally agree!!!
Do not worry, i do not charge money and never sell any investment products, just sharing trading ideas. No risk for forum members!

http://www.lloydstsb-offshore.com/of...=SD_HM_3YRSTFM
Here is a decent looking product there is a risk you dont again any intrest but you can make 33% of the 3 years and 100% capital guranteed.

About "100% capital guaranteed" I assume in UK£.

If the UK£ should continue to fall against the Swiss CHF (as it has for the last 40 years) then you may get fewer CHF back at the end of the three years.

There are 3 different investments there, Sterling, Euro and Dollar.

If you could get 5.5% in CHF without risk, a huge no of people would do it. Sounds like a scam.

Gold is priced in USD so buying a put option (which costs money) will not give you 100% capital protection in USD & there is the CHF / USD exchange risk to boot.

Unless your buying Greek Euros you will not get 10% PER ANNUM

SNB can remove the peg at any time so ZERO protection

I have done this in the past, withdrawals can be made on demand!

Wow those HSBC rates are particularly crap.

You can get 6.10% for 5 years with RaboDirect if you are an Australian Resident - I'm sure that you could find something up in the high 5's if you are offshore.