We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Been left £130,000 net after my mum died, what do i do?
Comments
-
The financial services industry should be stopped IMHO from using the term "bond" except in its original sense as Cheerful cat describes.Bonds are not risk free - the yield (interest rate) on a bond fluctuates and so does its value.
The following are NOT proper bonds:
#Premium "bonds"
#Fixed interest deposit accounts known as savings "bonds"
#Investment "bonds" sold by insurance companies and usually invested in risky assets like shares and property ( and even some real "bonds")
#With-profits "bond" - a variety of investment "bond"
#Guaranteed equity "bond" - an interest-free savings account with an equity punt attached
#Precipice "bond" - a particularly dangerous type of investment "bond" now banned
What else have I missed?
No wonder everyone is confused. :mad:Trying to keep it simple...
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards