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  #21  
Old 16.10.2011, 14:55
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Re: Bank interest rate?

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??
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  #22  
Old 16.10.2011, 15:10
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Re: Bank interest rate?

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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.
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  #23  
Old 16.10.2011, 16:21
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Re: Bank interest rate?

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.
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  #24  
Old 16.10.2011, 17:46
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Re: Bank interest rate?

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.
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  #25  
Old 16.10.2011, 18:19
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Re: Bank interest rate?

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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.

http://www.englishforum.ch/finance-b...ors-prowl.html

Financial Mis-selling to expats

Cold Calls from 'Financial Advisors'
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  #26  
Old 16.10.2011, 18:55
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Re: Bank interest rate?

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!
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  #27  
Old 16.10.2011, 20:19
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Re: Bank interest rate?

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.
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  #28  
Old 16.10.2011, 20:38
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Re: Bank interest rate?

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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.
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  #29  
Old 17.10.2011, 00:30
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Re: Bank interest rate?

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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.
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  #30  
Old 17.10.2011, 00:41
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Re: Bank interest rate?

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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.
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
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  #31  
Old 17.10.2011, 00:42
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Re: Bank interest rate?

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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??
I have done this in the past, withdrawals can be made on demand!
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  #32  
Old 17.10.2011, 06:49
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Re: Bank interest rate?

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You could look at moving the money offshore into Australian Dollars.
The interest rate is pretty good via HSBC World Bank.
1 year fixed deposit.If you want to think outside the box.
Also no withholding tax.

http://www.offshore.hsbc.com/1/2/int...-rates-savings
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.
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  #33  
Old 06.04.2015, 17:56
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Re: Bank interest rate?

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Gold pays zero interest, costs money to hold & will in all probability worth less in the investment time frame.
And eighteen months later, it was up 35%, good call!
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  #34  
Old 06.04.2015, 20:28
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Re: Bank interest rate?

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And eighteen months later, it was up 35%, good call!
My post was from 2011 not 18 months ago, even so 18 months ago gold was not worth 35% less than today, you are a fool.
The USD is of course much stronger over 18 months a fiat currency no less.....
I was betting on Apple 18 months ago........

Last edited by fatmanfilms; 06.04.2015 at 20:54.
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  #35  
Old 06.04.2015, 21:55
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Re: Bank interest rate?

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I want to put some money in savings account but the interest rate is really low as you must know. Is there some system where you can lock your money in the bank for say 3-4 years and get much higher interest rate?
Why not put it where its needed the most. And the interest is currently about 1%!
http://www.deutsche-schweiz.oikocred...zur-geldanlage
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  #36  
Old 06.04.2015, 22:07
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Re: Bank interest rate?

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You could look at moving the money offshore into Australian Dollars.
The interest rate is pretty good via HSBC World Bank.
1 year fixed deposit.If you want to think outside the box.
Also no withholding tax.

http://www.offshore.hsbc.com/1/2/int...-rates-savings
And the currency exchange rate risk? Who cares about that??
This is a box I do not want to be outside of. :
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