I see EGG are currently offering a 2 year bond fixed at 4%.
Any better offers or options out there at the moment?
Thanks
- posted
20 years ago
Good UK Fixed Interest?
Loading thread data ...
- Vote on answer
- posted
20 years ago
Halifax are offering better rates for term deposits. See
formatting link
for examples.
- Vote on answer
- posted
20 years ago
Nationwide have a 3-year bond offering 4.6%, (or 4.5% with interest paid monthly)
formatting link
Chris
- Vote on answer
- posted
20 years ago
why bother with fix bond when ingdirect is giving 4.3% with an instant access savings account.
formatting link
mm
- Vote on answer
- posted
20 years ago
4.1% after this weekend (From Monday) - I was informed by letter today.
Daniel
- Vote on answer
- posted
20 years ago
What are people's predictions on interest rates. Have they bottomed out or are they likely to fall further before rising?
Chris
- Vote on answer
- posted
20 years ago
How longs a piece of string?
They'll go up eventually...................but so will inflation so any benefit will be lost almost immediately - or not at all as interest rates tend to follow a rise in inflation so your money will be eaten away before the Bank corrects it.
If you want to save long term (10, 20 or 30 years), go for stock market tracker investments. OK, they have the ups and downs which can be quite big, but over a long period you will get a greater return on your investment then anything you have stashed in a building society account. Typically stock market tracker funds have grown by 10-11% or 7-8% allowing for inflation over the last 10 years You've only got to see how the market has performed recently, which has already risen +25% since the fairly recent lows.