Are Premium Bonds A Good Investment in 2021 vs Savings, AI Stocks and Housing Alternatives
Personal_Finance / Saving Bonds Apr 04, 2021 - 06:06 PM GMTSavers starved of rates due to the continuing bailout of the bankrupt banking sector as the Bank of England literally stuffs hundreds of billions onto their balance sheets by means of artificial profits. So it's no wonder that many millions of Brit's have plowed a large chunk of their savings into government backed Premium Bonds. Here give them a good 1 year test run to see what prices (returns) they generate on a sizeable £32,500 investment. Will I beat the premium bond interest rate of 1%, maybe I will be one of the lucky ones and win a big prize, find out in my latest personal finance video.
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Nadeem Walayat
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Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
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