How's your luck with Premium Bonds?

[gas112]

why are you putting money on bonds, why arent you putting the money in Tesla, like you keep on recommending...............

No one has ever told you the basics about spreading your investments i see

 

[motorbiking]

right.. just topped mine up to £200k.

 

[Highway Man]

Seriously though, I have some money I want to put aside, are premium bonds a safe bet?

 

[motorbiking]

They are good if you are a high tax payer. There are better options if you haven't maxed out your ISA allowance.

 

[Highway Man]

They are good if you are a high tax payer. There are better options if you haven't maxed out your ISA allowance.

Not what I would call a high tax payer exactly. I havent used any allowances. I have 10k to put away just need to do something with it before I blow it on prostitutes and beer

 

[Koolpc]

Not what I would call a high tax payer exactly. I havent used any allowances. I have 10k to put away just need to do something with it before I blow it on prostitutes and beer

Send it to me and i'll invest it for u!

 

[motorbiking]

Not what I would call a high tax payer exactly. I havent used any allowances. I have 10k to put away just need to do something with it before I blow it on prostitutes and beer

A high interest ISA. Plenty about.

 

[Highway Man]

A high interest ISA. Plenty about.

Could you recommend one?

 

[motorbiking]

Cash ISAs | Our best Cash ISA rates | Fixed, Easy Access - YBS - YBS DXP Prod

Help achieve your savings goals with a Cash ISA from YBS. We offer a range of Fixed Rate and Variable Rate ISAs. Find out which is best for you.

www.ybs.co.uk

Single access EISA.

 

[pete01]

Could you recommend one?

Try the post office easy access, I opened an account think its 4.5%...so far I'm too scared to move any money into it lol.

 

[Ihavenojob]

Katy Perry, my financial adviser, told me that after speaking to Rachel from the IMF, I can buy as many premium bonds as I like.

 

[Highway Man]

Try the post office easy access, I opened an account think its 4.5%...so far I'm too scared to move any money into it lol.

Same as me Pete. I am only talking 10k here but to me it is like 100k. I dare not move it but if I don't I just know I will buy a piano or another motorbike

 

[MNW67]

Try the post office easy access, I opened an account think its 4.5%...so far I'm too scared to move any money into it lol.

Just move a very small amount the first time to get the payee set up. It should then be saved for next time. Once you know it is working you can move more with confidence.

 

[Koolpc]

If you need really sound financial advice i would look no further than Notchy....he made a killing with the Brook Bonds!!!

 

[MNW67]

Try the post office easy access, I opened an account think its 4.5%...so far I'm too scared to move any money into it lol.

I think after 12 months the interest rate drops a lot on that account.