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Bonds

I have a couple of Bonds from ReAssure - had them for years .  My son is getting married (Hopefully) this year is now a good time to cash in?

Comments

  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    A good time to cash them in would be when
     (a) a decent amount of time has elapsed since first getting them, so there has been some time to make some returns; and
     (b) before you need the money rather than after you already needed the money.

    So from the little you've told us, yes it seems like a good time.
  • dunstonh
    dunstonh Posts: 120,029 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
     is now a good time to cash in?

    A good time to cash them in is around 3 years before you need the money or if there is a tax issue that can be avoided by timing.

    If the wedding is this year, then you should have cashed them around 3 years ago.   So, now is a better time than ever.


    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.
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