NS&I Index-Linked Certificates - New Issue

rarrarrar

In case anyone was getting confused - unlikely as we are so well informed here -
RPI was 4.1% for Feb but CPI which is what the government and the media quote was 2.5%.

NS&I Index bonds are based on RPI.

Besides the £15k amount you can hold personally, you can hold another £15K in trust eg you hold them in trust for your spouse. Thanks to a post a couple of months ago mentioning this I took out this option a couple of weeks, forms were very simple- phew.

ManAtHome

Yes, I was talking about RPI which seems to be going up less than CPI or RPIX (but then B all is based on CPI or RPIX...).

martinman3

rarrarrar wrote: »

Besides the £15k amount you can hold personally, you can hold another £15K in trust eg you hold them in trust for your spouse. Thanks to a post a couple of months ago mentioning this I took out this option a couple of weeks, forms were very simple- phew.

Just to refresh everyone's memory as it was probably the most useful piece of information posted on here.

That's £15k per issue, two issues at the moment making £30k held personally plus another £30k which can be held in trust for you by a spouse making £60k. And if you do the same for your spouse, they can hold another £60k making a total of £120k for a couple.

I wonder how many people reading now are kicking themselves for missing out on this for the last issues.:D

I've found the original post
http://forums.moneysavingexpert.com/showpost.html?p=7738025&postcount=7

Savings_Dave

I'm glad I put £5k away for a 3 year term in February...I was looking to put a further £2,000 away in another one come July, but the new issue just makes this a no-no for a BR tax payer like me...interesting opinions and discussion on here about ILS

[Deleted User]

The previous 3 year issue was RPI plus 1.35% wasn't it......? If so, that's a massive drop:eek: ; pleased I stashed some in the last issue; but I won't bother taking out another now.

calisto

Thankfully I bagged the previous years 3 year issues at RPI+1.15% and RPI+1.35%. I am not impressed with the new issue.

Fully funded (30k), but maybe I should have took out the 5 year options at the same time too!

Inflation is rampant. The RPI figure is derived by the same statisticians as Robert Mugabes Zanu-PF, and even they haven't managed to fixe it for a win.

Sadly the devaluation of the £ / EUR wipes out pretty much anything anyway. I'm getting out of sterling other than my NS&I certs / Cash ISAs.

The rest of my wealth will be spent on ETF's and decent shares. ISA Shares will focus on equity growth, the rest of my capital on income based safe stocks. Just like Warren Buffet

[Deleted User]

clever move by ns&i. Anyone with any sense was putting savings in the certs at the expense of bank cash flow and now it is going to reverse. I decided not to buy this new cert and my money has gone into NR silver savings. Got to give credit to the powers that be. It will help the banks and building societies

I also bagged the last 3 issues and am pretty well maxed out now on good high yielding blue chips. Got to keep pace with inflation somehow

Fella

kittie wrote: »

clever move by ns&i. Anyone with any sense was putting savings in the certs at the expense of bank cash flow and now it is going to reverse. I decided not to buy this new cert and my money has gone into NR silver savings. Got to give credit to the powers that be. It will help the banks and building societies

Yep: Never do something openly, honestly, or with any imagination, when you can do it with stealth.

RayWolfe

amcluesent wrote: »

> What is it with the current obsession with conspiracy theories?<

What else explains the deliberate wrecking of England by the globalist fifth-column and the many 'suicides' of those who got to close to the truth?

Oh, that conspiracy! I forgot that one ...

THENOX

calisto wrote: »

The rest of my wealth will be spent on ETF's and decent shares. ISA Shares will focus on equity growth, the rest of my capital on income based safe stocks. Just like Warren Buffet

Hello!

Would you be able to evaluate on that last one. Just set up S&S ISA (primary for ETFs and ETCs) and I have absolutely no clue what to do in current situation: ETC bubble -no point putting a needle:eek: there ETF -looking at US economy + observing last slowly failing BRIC decoupling it's a real no win situation.

My investment horizon is about 3y so still thinking about ETCs.

(anything will be considered for discussion/ideas only :cool:)

THX