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Latest issue Post Office Bond

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Segilla | 19:57 Thu 04th Aug 2011 | Business & Finance
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The only drawback I can see is that you can't take your money out at all, if you wanted it you would have to close the bond. Have a look at Nationwide, I was in there the other day and they are offering a new bond too, can't remember the details but it looked as good as you can get without too many strings, these days.
It is only good if inflation stays high.
It's one of the best around and it is guaranteed to beat inflation, but unless you have a lot of spare cash to invest the interest won't be life changing. IF YOU HAVE CREDIT CARD
pardon, factor.. what's that last bit going on to say...?
Sorry, I hadn't finished typing.
(This has happened a few time son AB recently- I pause and the post suddenly submits itself!).
I'll start again.
It's one of the best around and it is guaranteed to beat inflation, but unless you have a lot of spare cash to invest the interest won't be life changing. If you have credit card or other higher interest debts, pay those off first. Also, if there is a chance you may need the money before the bond expires then maybe another product would be better for you

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