Information for those thinking of retiring, or recently retired

 


Investing in Premium Bonds

There is nothing quite like having a flutter, and yet not losing any of your capital. Premium Bonds are just the solution to this. The underlying interest earned, that makes the prize fund, is not as good as the best savings accounts, but if you buy a lottery ticket, only a half of your � goes into the prize fund, and that doesn't stop us buying them.
If you have anough to invest in this, say �20,000, you can be reasonably sure of a �50 cheque each month, and the occasional delight of getting two of them!! (Of course, occasionally you won't get anything, but there is the slight chance one day of getting a big windfall).


 

Some useful links:

National Savings - Premium Bonds   Premium Bonds
The government watchdog on premium bonds etc.   FSA on PremiumBonds
moneysavingexpert on premium bonds   calculate your chances of winning a million!


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