Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to NotSure,csearle,brightncheerful,Dormouse,Silverstar64, for Donating to support the site

Instant redeemable bearer bonds

Gilts, bonds, and interest-bearing shares
Lemon Slice
Posts: 767
Joined: May 31st, 2019, 7:55 pm
Has thanked: 74 times
Been thanked: 174 times

Instant redeemable bearer bonds


Postby 1nvest » September 18th, 2020, 9:32 pm

a.k.a cash.

Apparently as of more recent there's around £50Bn of currency that isn't moving through the system, just seemingly stuffed under mattresses. I guess little wonder when the alternatives pay little more in gross terms, before costs and taxes, perhaps less after. At least the new plastic coating style makes them more durable.

Historically a equal split of £'s, US$ and gold, yearly rebalanced, offset much of UK inflation, reducing it down from something like 4.5% down to 1.7%. Inter-spaced with periodic 'opportune' temporary deployment and it wouldn't have taken much to negate inflation totally. Turn a quick 10% gain a few times each decade, and otherwise sleep high.

Return to “Gilts and Bonds”

Who is online

Users browsing this forum: No registered users and 4 guests