Jobs

Personal Finance

Pensioners Bond

I have a £5000.00 Pensioners Bond about to mature and as you can longer invest in them they are finished
Which is the best option,Income Bonds or Guaranteed Bonds?

Dee-M-See Wed 23/04/08 23:19

<< Previous

Next >>

Subscribe to question

Post an Answer

dzug
Sat 26/04/08
09:17

It really depends on your priorities. If you are prepared to accept a varying income, then income bonds will probably (but not certainly) be better over a period of time. With the guaranteed bond you know exactly what you are getting.

Whoever
Sun 27/04/08
11:53

If you can tie your money up for a period of a year, various building societies and banks offer One Year Savings Bonds with a reasonable rate of interest and many of them give you the option of taking interest monthly or annually. Birmingham Midshires are currently offers a 6 month fixed rate bond at 6.71% or a 1 Year fixed rate bond at 6.76%. These bonds are not related to the stock market so you will not suffer from stock market volatility and you know what you will be getting back at the end of the term.

Dee-M-See
Sun 27/04/08
17:37

Question Author

Thank you for your answers your advice is much appreciated

Post an Answer

Submit the above question and answers

add to del.icio.us	add to digg	add to furl
add to reddit	add to Technorati	add to Blinklist
add to StumbleUpon	add to squidoo	add to ma.gnolia
add to Cocomment	add to Netscape	add to Fark