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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
NS&I Investments
adamc6670
Posts: 1 Newbie
The majority of my savings are in NS&I long term bonds. Given the government's huge spending plans to deal with the Covid19 pandemic, are these savings in any way at risk?
0
Comments
-
If you believe the Government will default I'd suggest there's much more to worry about than your NS&I bonds
I can't think of anywhere that could be considered safer.3 -
Your biggest risk is probably inflation.2
-
Alex is right, if all your savings are in NS&I the biggest risk is financial repression (where the government, directly or indirectly, holds interest rates lower than inflation for an extended period).1
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards