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NS&I etc
slinga
Posts: 1,485 Forumite
Any RPI plus ?% account been brought out recently or liable to be launched shortly.
Or anything similar???
Or anything similar???
It's your money. Except if it's the governments.
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Comments
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Nothing at the moment.
http://www.nsandi.com/savings/savings-accounts
The recent trend has been for these to appear with close to zero notice and then disappear within weeks. Sadly, this means you need to keep a lot of cash on instant access to slop into these linkers when they appear.
Your best bet is to register with them for an email alert.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
If you want to branch out and take small risk there's always RBPX and similar:
https://forums.moneysavingexpert.com/discussion/32407140 -
IIRC the chancellor gave national savings a fund-raising target of 0 for this tax year, so they are unlikely to bring out any index-linked savings certificates during the year (because they would be very popular).
you can still buy as many index-linked gilts as you like.0 -
grey_gym_sock wrote: »you can still buy as many index-linked gilts as you like.
I've chosen to buy exactly zero of those!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
gadgetmind wrote: »I've chosen to buy exactly zero of those!
do you think they're that bad?
i'd have thought they're a decent option for risk-free money, though not as good as NS&I index-linked certificates. the big feature of IL gilts being that any capital gains are not taxable (like other gilts) but the capital value is indexed (unlike other gilts).
i should perhaps say i don't have any of them myself ... but then my money is all either in equities (i.e. not aiming to be risk-free) or on deposit because i'm planning to buy a house (so i don't want it tied up at all).0 -
grey_gym_sock wrote: »do you think they're that bad?
Yields are currently negative. This means that you're agreeing to lose the buying power of some of your capital in exchange for retaining the rest.
I'm using NS&I linkers, corporate bonds, low-geared REITs, preference shares, infrastructure funds, and high yield blue chips for income, and then trackers and some ITs for "other".
My only sovereign debt is in conviction ITs (RIT, RICA, PNL, CGT) and some strategic bond funds.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
gadgetmind wrote: »Yields are currently negative.
ok, hadn't noticed that. i'd still prefer them to conventional gilts, though.I'm using NS&I linkers, corporate bonds, low-geared REITs, preference shares, infrastructure funds, and high yield blue chips for income, and then trackers and some ITs for "other".
does it matter whether your return is income or capital gains? regardless, most of that makes sense to me - except i don't like the look of any kind of non-indexed bonds: there seems to be very little premium paid to compensate for rather substantial inflation risk.0 -
There are a few corporate bonds with index-linking, eg Tesco Finance and National Grid. But make sure you understand how they work before investing. There is a useful thread here about the launch of the National Grid bond.grey_gym_sock wrote: »except i don't like the look of any kind of non-indexed bonds: there seems to be very little premium paid to compensate for rather substantial inflation risk.0 -
grey_gym_sock wrote: »does it matter whether your return is income or capital gains?
Yes, for unwrapped investments it can matter a whole load.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
yeah ... but i thought you meant you were specifically seeking income (from some of your investments) ... and it's mostly income which is taxed more heavily than capital gains ... :-puzzled-:0
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