NDF Possible 13% PA (14.5% with Premier)- but will stock market rise in next 6 years?

SpinnerB

I've invested (gambled) 10k on the premiere bond, will let you know how that actually realised in 1 - 6 years xxx

dunstonh

http://www.fscs.org.uk/consumer/key_facts/limitations_of_the_scheme/compensation_limits/

Investments: £48,000 per person.

100% of the first £30,000 and 90% of the next £20,000.

payless

Are you sure those apply if no payment is due to " The issuing institution ( of underying investment) being unable to meet their financial obligations..." rather than the faulure of plan issuer.

Searcher2

dunstonh wrote: »

The NDF is clearly not as good as the Premier version however that closed on Monday. However, I have heard they are launching a new version and have suggested that 15% will be the chosen figure.

I am still thinking about going with a product like this... but you seem to be correct in Premier releasing a new one - looking at their website it is going to be 14.5% which is still better than the NDF one....available from 21/4/08 to 30/05/08.

http://www.premierassetmanagement.co.uk/Index1.html

ukdutypaid

SpinnerB wrote: »

I've invested (gambled) 10k on the premiere bond, will let you know how that actually realised in 1 - 6 years xxx

I've done just over 5.2k into it.. Now then, let's see what it opens at on the 18th, for starters...

In the time honoured phrase of Brucie himself...
"Higher?, Lower?"

dunstonh

I bet all you Premier investors are hoping the markets drop quite a bit between now and the 18th.

SpinnerB

Oh yes, fingers crossed

Mikeyorks

dunstonh wrote: »

I bet all you Premier investors are hoping the markets drop quite a bit between now and the 18th.

No ..... I'd prefer the odd sleepless night ...... and 80% at the 5 year point.:p

meester

Mikeyorks wrote: »

No ..... I'd prefer the odd sleepless night ...... and 80% at the 5 year point.:p

The return falls each year:

Y1 16%
Y2 (on previous year): 13.8%
Y3: 12.1%
Y4: 10.8%
Y5: 9.8%
Y6: 8.9%

It's probably true to say that if the product has not matured after 1 year, you'd be better off withdrawing it, assuming that you could still get 100% of the original capital. The 16% Y1 is the real profitable return.

ukdutypaid

LoL Dun's......

Yes,.... I'm going for "Lower. Please Brucie". Cash comes out quicker, reinvested in the next one... Oh and don't start banging on about

"Yes, yes effect of inflation so cash worth less in 5 years time. Also, it's not 16% really either because of the E=MC2, of this that an' t'other"...........

The dirty deed is done now..... So let the wheel spin....