Premium bonds are numero uno for savings in the UK, £123+ market.

The average return on Premium Bonds is 4.4%.

The government rate for inflation is 4%.

NGMI - who's buying this shit?

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Discussion

£123+ billion*

I work in tradfi. This shit sells like hotcakes right now. Majority of our clientele drool over a 4.5% “low risk” return. If you don’t know what you don’t know….

From what I understand, most people won't even get 4.4% with it being draw based...