You are reading a single comment by @Tenderloin and its replies.
Click here to read the full conversation.
-
Thanks for everyones advice. I'll start looking into all of those option.
I think I'm a little way of investing in stock. I literally have no idea what I'm doing. -
which bonds?
-
I've had 30k in premium bonds for 9m and am so far earning 2.5% on that
I think you have had pretty good luck there. The "prize rate", i.e. the actuarial expected rate of return, is 1.4%, but would likely be lower on £10k as you say. Still probably equivalent to north of 2% in a bank account though given you pay tax on interest but not on PB prizes.
dangeek
amey
NickCJ
@Tenderloin
Yep to the above.
I've had 30k in premium bonds for 9m and am so far earning 2.5% on that (amount doesn't matter but makes it easier to work out % given infrequency of winning at lower amounts).
Or take some advice from an internet stranger and buy some Eargo stock and see how that gets on for you