A new look and some new goodies

Finally changed the name of the site from its blogger title of simple investing to a better fitting custom domain name of Investimouse. Get it? It's the combing of investing and computing. It's been up for a week or so now and still looks ok to me so we're sticking with it.

Investimouse will carry on with the same ideas. Financial information and titbits that catch my eye, articles on saving, the economy, ISAs, shares, etc. Just seemed that a groovy name would be more appropriate. I'm hoping that if I can get my drawing pencils sharpened I'll do the occasional cartoon on finance too. I think that would be fun. I'm no Scott Adams though.

In the meantime, I've just had these produced. A poster on the financial dilemma of the time, Spend more than you Earn or Earn more than you Spend. It's a circular thing. Many will argue they mean the same anyway! More on my investing goodies page. There's one for the pound and one for the dollar. Available to buy at my Society6 store if you're keen.

Check your ISA rates

Stay still or he'll see you

If you've watched Jurassic Park then you know that avoiding sudden movements can be just as important as running fast. This week I've had that lesson play out in real life.

I've been hunting around for the last couple of weeks looking for a new cash ISA as I was pretty sure that Natwest were ripping me off. With inflation running at somewhere between 4 to 5% at the moment (if you believe the stated figures, personally it feels more like 10%), you've got to do all you can to protect your hard-earned emergency fund.

Anyway, I used the usual comparison sites like moneysupermarket.com and the others to hunt out a bargain. Even went on that charlatan Martin Lewis' site, who I'm not going to link to as he doesn't need any more business, but wasn't able to find much.

My criteria for a cash isa is:
 - no lock in
 - monthly interest (IMPORTANT - I want to see my money growing and compounding all the time).
 - transfers in
 - no fixed rate - there's only one way interest rates are going and that is up. Fixing now is madness.
 - no bonus, initial period rate - I want the most they are going to give me forever.
 - managed online

Right, there were bugger all options with those criteria. I think Barclays had an account for 3% but with restrictions and everyone else had 2.25-2.5%.

As it is though, Natwest are running two rates with their E-ISA depending on when you opened it. If you opened on or before 14 May 2009 (like I did), you get a higher rate and a even higher one applies if you put more money in to pass a balance of £10,000. So rather than move things around and face all the drama of Natwest forgetting to move things or the new provider not quite understanding what I want, I've decided to stay put, pop some extra money in that has come my way courtesy of HMRC and reap the benefits of a tiny bit more interest - 3.01%.

Moral of the story - do nothing, stand still and watch the pennies roll in.