Simon Lambert
๐ค SpeakerAppearances Over Time
Podcast Appearances
You're going to do do whatever with the money.
Right.
But if it's just that kind of long term wealth that you're building up.
then you shouldn't just leave it sitting in a savings account.
If you've got tens of thousands of pounds, or in some cases I see people regularly, hundreds of thousands of pounds sitting in cash, your money isn't working as hard as it could be, and you should probably be taking a little bit more risk with it and investing it in order to get a better return.
And this is what that campaign is aimed at changing our behaviour on.
And that is a very, very good question, Georgie.
And certainly at the moment, that sort of rate looks pretty good.
4.62% tax free from your Trading212 cash ISA, right?
I'm not plugging Trading212's cash ISA here for them.
I don't need to.
They've put a 4.62% rate on it.
I know, right, because I know the guys at Trading212, I know how much money goes into that cash ISA off the top of that rate, okay?
I know other people who run saving and investing businesses.
I was having a conversation with someone this week, and he said the amount of money they have seen go into their cash ISA, they've had a tabletop in cash ISA in the run-up to the deadline.
He said the amount of money they have seen go into it is, like,
off the charts.
You know, overwhelming systems, that kind of thing.
But...
There's no guarantee that rate's going to stay that high, okay?