7 % bonds a good deal?

newcastledave

Now that I've got a tidy sum to invest, I'm wondering whether some of the bonds I've seen advertised are a good deal. 7% sounds healthy, but I'm wondering whether it's best to get a year-long deal rather than a 3 year deal. A fixed 7% deal sounds good - and I know banks are offering good rates now that they're after our cash to fill their losses - but with the news yesterday mentioning the possibility of rate rises in the future, what do people think?

Any advice appreciated - I'm pretty new to investing.

funkyhitman

Hi, a similar question has been asked here:

http://forums.moneysavingexpert.com/showthread.html?t=980691

newcastledave

Thanks for the tip.

Useful advice there.