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Subject Topic: Premium Bonds
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PersonRhj296
08/9/2016 at 8:54pm
 Location: Sweet Home Inversneckie
 Outfit: Swift Elegance 565 Volvo V70 2.4 View Rhj296's Profile View Profile   Reply to Rhj296 Reply   Quote Rhj296 Quote  
Joined: 22/12/2014

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The trick with finance is to always AVOID the barsteward whose charges and commission lumber you with a dud product that lines his pocket.
First against the wall come the revolution.


Personfreeatlast
09/9/2016 at 8:58am
 Location: Teesside
 Outfit:  Mitsubishi ASX4 View freeatlast's Profile View Profile   Reply to freeatlast Reply   Quote freeatlast Quote  
Joined: 23/3/2008

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Invest £30,000 in premium bonds and with average luck you will be sitting on £30,250 after a year.

Had you invested £30,000 in Barclays Bank shares immediately after the referendum and today, after just 4 months you would be sitting on £37,250.


Personpath20
10/9/2016 at 5:20am
 Location: Lancashire
 Outfit: None Entered View path20's Profile View Profile   Reply to path20 Reply   Quote path20 Quote  
Joined: 31/8/2005

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No way would I risk my hard earned cash buying into the stock market, It's fine for those who are willing to take the risk. I invested £10000 of my lump sum when I retired in 1999. I lost £9000 of it. Yes..you guessed...I invested in Technology.
Well I suppose I've regained some of my loss. I moved the remaining £1000 into a Managed Income Fund. It's now worth around £3800. It was £4000 but it's gone down again.

Post last edited on 10/09/2016 05:24:20


PersonBob61
10/9/2016 at 12:35pm
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The trouble with money is that it has no value until you spend it.


PersonRomaway
14/9/2016 at 8:56am
 Location: None Entered
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You can earn 4% from a Lloyds current account on up to a certain limit. 5% from TSB and Nationwide again with a cap on total balance. Santander is OK too. You just have to pay in a certain amount each month. Once you have the income into one account the income requirement for the others can be recycled around each account.

In/Out shake it all about,
Get the banks paying out!

These interest amounts may change soon though but have been running for years.



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