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Author: Subject: Selling Gilts
Snuggs

posted on 22/10/11 at 07:06 AM Reply With Quote
Selling Gilts

Anyone here an expert on selling Gilts.

My ageing mother has
£400 of 12% Exchequer Stock 2013-2017
£20000 of 2.5% Treasury Stock 1975 or after
£24000 of 2.5% Consolidated Stock

All were
purchased in 1988


I need to know an approximate current value and whether it is worth selling or hanging on to them as we may need funding for a care home.

Cheers

Clive





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mookaloid

posted on 22/10/11 at 07:59 AM Reply With Quote
I think you need to call a stockbroker Clive - I think you can either redeem them for their face value with the Government or they are probably worth less than that to sell on the market...





"That thing you're thinking - it wont be that."


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Snuggs

posted on 22/10/11 at 08:46 AM Reply With Quote
Cheers Mark, that's what I thought but I thought I would consult the fountain of all knowledge first.

I may need a chat with you sometime about renting out her flat.


Clive





----------------------------------------------------------------------------------------------------
http://www.topcashback.co.uk/ref/snuggstcb
Spider pig, spider pig, does whatever a spider pig does.
I doubt therefore I may be.
Luposlipophobia : Fear of being chased by wolves around a freshly waxed kitchen floor, while wearing only socks on your feet.
My mind not only wanders, sometimes it leaves completely!
http://www.venganza.org
http://www.jesusandmo.net/
http://www.snuggs.co.uk

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cliftyhanger

posted on 22/10/11 at 10:30 AM Reply With Quote
Shame it wasn't all at 12%, that would be rather more valuable!
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Agriv8

posted on 22/10/11 at 11:10 AM Reply With Quote
Think they are tradeable ( as support computer systems at work for buying, selling and lending ) but thats all I know about them.

for the amounts involved i would be talking to an Personally RECOMENDED indipendant Financial Advisor.

Regards

Agriv8





Taller than your average Guy !
Management is like a tree of monkeys. - Those at the top look down and see a tree full of smiling faces. BUT Those at the bottom look up and see a tree full of a*seholes .............


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Snuggs

posted on 23/10/11 at 03:24 PM Reply With Quote
Anyone recommend a stockbroker ?





----------------------------------------------------------------------------------------------------
http://www.topcashback.co.uk/ref/snuggstcb
Spider pig, spider pig, does whatever a spider pig does.
I doubt therefore I may be.
Luposlipophobia : Fear of being chased by wolves around a freshly waxed kitchen floor, while wearing only socks on your feet.
My mind not only wanders, sometimes it leaves completely!
http://www.venganza.org
http://www.jesusandmo.net/
http://www.snuggs.co.uk

View User's Profile E-Mail User View All Posts By User U2U Member

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