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Premium bonds
C_Ronaldo
Posts: 4,732 Forumite
ive got at least £2000 in my account, im thinking of buying some premium bonds with it, is this a good idea, i wouldnt have thought id need to get at the money
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I suggest you read a number of the recent threads on the subject. There is one on the first page and another a few pages in.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Depends on whether you want a return - or are happy to leave the basic sum against the possibility of prize wins?
The one unarguable fact is you will be able to release the money within a few days, if you need it. But it's best to buy, if that's your choice. just prior to the month end. As you need to hold the Bonds for a month before they go into the prize draw.
Plenty of views on the pros / cons - on these threads :-
http://forums.moneysavingexpert.com/search.html?searchid=3699351If you want to test the depth of the water .........don't use both feet !0
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