It shouldn’t be either/or, I do both (plus other stuff)…..spread the risk. That’s also out of date, current rate is 4.65%.Winning Premium Bonds or get hit by lightning: Which is more likely?
Premium Bonds remain the nation's favourite savings product with more than 21 million people holding them - not far off a third of the UK population. But what are the odds of winning a cash prize?www.thisismoney.co.uk
3.3% return.
I'll track the S&P500 instead.
Max invested here too, but only £650 this year so far. My wife has done about the same as you though.1 x £25
1 X £50
1 x £100
Max invested and £1225 this year so far.
£50,000what is the max amount you can invest?
what is the max amount you can invest?
How many you got?£50,000 per person.
In a way this is a loophole, as any wife or children can have their own accounts too.
So for example if you have a wife and 2 children you can invest £200k between you... be careful when they turn 16 though