Well, that's the last premium bond income for this tax year and the return works out at 2.7%, which I think is about average. But since this income would for me be taxed at 42%, I'd need to have the money returning 4.6% if saved elsewhere to earn more from it.
Of course even 4.6% return is well below inflation. I'm reluctant to invest in stocks given volatility and have enough exposure for now.
Not many good options unless I can benefit from advanced notice of tomorrow's speech by some 'great leader' or other.
Of course even 4.6% return is well below inflation. I'm reluctant to invest in stocks given volatility and have enough exposure for now.
Not many good options unless I can benefit from advanced notice of tomorrow's speech by some 'great leader' or other.
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