Quote:
Originally Posted by Ms NTL
Premium bonds is a no no for me.
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National Savings are the safest place to put your money. Premium Bonds are like the lottery except, win or lose, you get to keep your investment and have better odds of winning something. All relative to inflation though that is killing everyone atm.
---------- Post added at 19:15 ---------- Previous post was at 19:13 ----------
Quote:
Originally Posted by daveeb
. Not sure about the stocks and shares ISA's at the moment. I have one of the "safer" ones based more on a higher percentage of bonds and it has tanked over the last 14 months, my son has the riskier high share percentage which is faring somewhat better (but still -ve interest).
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You need to be prepared to invest for at least 5 years. True they've been hit in the last couple of years, but mine have have averaged 6 to 7% annually over the last 20 years.