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ISA versus NSI 3 year Infaltion Beater

roland.stagg
Posts: 1 Newbie
I am 61 a lower rate tax payer.
My M&S ISA for £15000 is maturing this month.
Am I better to reinvest with an ISA or invest in NSI 3 year inflation proof bond.
In other do you think inflation rates will increase over the next 3 years.
My M&S ISA for £15000 is maturing this month.
Am I better to reinvest with an ISA or invest in NSI 3 year inflation proof bond.
In other do you think inflation rates will increase over the next 3 years.
0
Comments
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Why do you think our guess would be any better than yours?
My guess is that the NS&I will be better at the moment. But, hey, I've been wrong before!0 -
I strongly recommend you keep it within an isa. Inflation wil be controlled if it goes much higher, whereas interest rates will at some point increase. The forecast for inflation is to drop back to 2% in a years time, but who knows whether this will happen.
Isas don't seem great at the moment but they have more potential to increase over the ilsc.0 -
The forecast for inflation, and the Bank of England target, was to be within 2% over the proceeding 2 years. This was not achieved.
Past performance is not a guarantee of future events.For myself I am an optimist - there does not seem to be much use being anything else.
Sir Winston Churchill0
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