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Prize Bonds

  • 10-10-2008 8:08am
    #1
    John Mason
    Hosted Moderators Posts: 10,661 ✭✭✭✭


    I have some money invested in a share linked index thingy for the last 4 years. the first two years i was getting a return of a €500 every 6 months but in the last year, things have changed and i making nothing on the


    with the market the way it is, i was wondering what is the best thing to do with the money, so i have been thinking about just buying prize bonds until everything settles down again.

    is this a crazy idea?


Comments

  • #2
    Baird
    Closed Accounts Posts: 260 ✭✭Baird


    Probably as good an idea as there is at the moment.
    Everyone is putting their money in cash and trying to get an attractive deposit rate on it.
    Why not prize bonds, a win could be a lot larger than the interest accrued.
    Worst case you still have your entire investment.
    Ive heard crazier ideas than investing in prize bonds


  • #3
    John Mason
    Hosted Moderators Posts: 10,661 ✭✭✭✭John Mason


    thanks baird, thats what i was thinking


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