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http://podcast.ft.com/p/2982
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9:37 secs
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What's it say? I can't open links.
My parents used to have quite a lot, my old man says he was getting cheques every month for £25/£50, sometimes up to four little wins each month. I brought a £1000 worth early in the year and haven't had a sniff. |
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Says if you have £50,000 in premium bonds, then basically:
1) 1.2 per cent a year 2) for higher rate tax payers, is like getting 2 per cent 3) liquid (as can get money out in a couple of days). |
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I had to include these when taking my financial planning certificate. Was around 3-4% back then - You can expect a monthly cheque for a maximum outlay
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FT podcast is on Soundcloud as well:
https://soundcloud.com/ft-money-show |
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I like Paul Lewis very sensible chap
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I use it as my emergency fund
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