Premium Bonds Worth?

Premium Bonds are more and more popular every day. Millions of people invest in bonds and some question whether they really are a value. Premium bonds were introduced in 1956 as a way to get the public to invest in the Government of the United Kingdom. It was formed as the lottery for who can save the public and at the same time have a chance to win millions of books. Twenty million people, a third of the population now at least one has premium bonds. Investors can buy bonds directly from the post office or they can be purchased national savings and investments Corporation.

Because interest rates are declining, premium bonds is considered a safe investment and at the same time have a passion to win a prize more of a million and a half of the money received each month. Fifteen per cent of the prize money was used for the prize money is high and the 15 per cent is used for cash prizes. The remaining 70 per cent of the money used to assign a price as high as 50 pounds down. Price of fifty pounds on a bond is almost 500% return. Now you have a 1 to 21 000 a chance to win, but with links has become more popular, these opportunities may be plues in the future.

You must buy at least one hundred pounds to invest in the bond premium, and you can only have thirty thousand pounds in your account. Links with supported and protected by the National Treasury. Anyone who has invested can be certain that when they decided to withdraw their funds, the money will be there. Any person may invest as long you are sixteen years old. Many parents buy bonds at premium as a means to pay for the education of their children. Young investors could learn the value of savings and at the same time have the chance to earn enough money to make them ready for life.

Not like the lottery, the same can be won over and over again. More you invest, you will have the chance to save time. Earnings are tax-free and you even can reinvest the money that you win until you reach the limit of thirty thousand pounds. It was reported that the odds of winning has decreased during the last ten years. It is a matter of statistics that several links lower buy the opportunity you choose the number of links.

Most probably still better than the American Lotto because you must buy a ticket which is different each time. You can whether the binding made by looking at the website of the national savings and investments. Here they list all the winners and all numbers you have to do is to call or contact them so that you can claim your prize. Noted that national savings and investments, the company more than five hundred thousand not claimed the price that they held for the plaintiffs.

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