Anybody else get into NSandI RPI certs before they stopped?
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Anybody else get into NSandI RPI certs before they stopped?
I already had some bought in 2008 and then about 6 months ago got wind that they were about to be stopped and so bought more.
Its averaged over the year I think but RPI last month was 4.7% and the certificates return RPI +1% tax free, so that's 5.7% tax free, which means something like 9.5% gross equivalent
Goes some way to offset the abysmal rates I'm getting elsewhere and the fact that my £ is worth less euros etc
Its averaged over the year I think but RPI last month was 4.7% and the certificates return RPI +1% tax free, so that's 5.7% tax free, which means something like 9.5% gross equivalent
Goes some way to offset the abysmal rates I'm getting elsewhere and the fact that my £ is worth less euros etc
Last edited by Dingdongler; 29 September 2010 at 03:24 PM.
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