Premium bonds £120k Split between Family of 4 ?

dorsetjohn_3

bryanb wrote: »

Do you think she'll tell you if she wins?

Good point !!!!!!

Hungerdunger

Onawingandaprayer wrote: »

Sounds like a great idea....but!

A couple of years ago, when returns were a heck of a lot better than now, my wife, my elderly dad and I had £30k each for over a year.

The highest we ever won was a £50 prize. One month (the best) we had 5 of these between us. The rest of the time we averaged say £50 to £100 per month

Whereas, if you'd put it in a savings account earning 5% pa, you'd have "won" £3,600 (after tax) in a year, or £300 per month.

Fairwinds

[quote
Am I right in thinking that if someone dies the first £250k of their estate is exempt from Inherit. Tax[/quote]

it's at least £330k, maybe a bit more now

justpaper

why dont you look at high dividend shares, some are rounding off at 8% mark,

i think you should take a more active investment role then cutting up 120k and stuffing it in the norm,

just my 2p,