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Please can someone explain ...
DdraigGoch
Posts: 732 Forumite
I have some bonds with the Pru. They have been there 6 years and thus are free of set up costs. I need to take some of the money out.
My questions are:
a] is my capital "safe", or is the word "bond" a lie?
b] is my past gain "saved somewhere safe" or will it evaporate if the Pru doesn't get the market right?
c] is it worth keeping the rest of my money in there or should I take a massive tax hit and take it all out?
I don't have a paid job and don't pay tax on my non-existent earnings or draw any benefits. I'm not well off and don't want to give the Chancellor more than I have to!
Thank you to anyone who replies.
DG
My questions are:
a] is my capital "safe", or is the word "bond" a lie?
b] is my past gain "saved somewhere safe" or will it evaporate if the Pru doesn't get the market right?
c] is it worth keeping the rest of my money in there or should I take a massive tax hit and take it all out?
I don't have a paid job and don't pay tax on my non-existent earnings or draw any benefits. I'm not well off and don't want to give the Chancellor more than I have to!
Thank you to anyone who replies.
DG
If you see me on here - shout at me to get off and go and get something useful done!! 
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