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Post by Deleted on Nov 24, 2020 17:40:50 GMT
Taken PBonds up to maximum and moving lots into Coventry Bonds. At the end of the day it is a nice problem to have, but even so I feel a bit let down. Website far better than the old thing, nice to see a bit of design going into the product.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Nov 24, 2020 19:06:20 GMT
Just a reminder. NS&I Income Bonds down to 0.01% today. And it was surprisingly quick & easy to transfer my entire wedge out today. Thanks NS&I! (Marcus Bank, for the time being, if you must know.  )
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agent69
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Post by agent69 on Nov 24, 2020 19:34:10 GMT
Just a reminder. NS&I Income Bonds down to 0.01% today. to transfer my entire wedge out today. Thanks NS&I! (Marcus Bank, for the time being, if you must know. ) Lots of people complaining today that getting through on the phone was difficult
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agent69
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Post by agent69 on Nov 24, 2020 19:36:52 GMT
Just a reminder. NS&I Income Bonds down to 0.01% today. And it was surprisingly quick & easy to transfer my entire wedge out today. Thanks NS&I! ( Marcus Bank, for the time being, if you must know. ) I've got just over £20k due from an N, S & I fixed term bond in a couple of weeks time. Still undecided whether to put it in a savings acount, or open a Vanguard Lifestrategy account.
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Greenwood2
Member of DD Central
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Post by Greenwood2 on Nov 24, 2020 20:06:29 GMT
And it was surprisingly quick & easy to transfer my entire wedge out today. Thanks NS&I! (Marcus Bank, for the time being, if you must know. ) Lots of people complaining today that getting through on the phone was difficult
Yesterday it took a while to get through but OK. May be different day to day
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Nov 24, 2020 21:27:20 GMT
Online. It's the ONLY game in town. (Totally aware that not everybody uses or has access to online.) |
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Post by Badly Drawn Stickman on Nov 24, 2020 21:48:09 GMT
Online. It's the ONLY game in town. (Totally aware that not everybody uses or has access to online.) I'm guessing most reading here do, but yes it truly is the best option. I was able to move swiftly on to Amazon (other retailers available) to order my pipe and slippers after finally succumbing to the premium bond club. Ah I was once so edgy and cool, how the mighty have meekly surrendered to reality.
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
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Post by dave4 on Nov 25, 2020 7:54:10 GMT
Oooo with the rates still dropping, its a bit of a lottery as to where to put ££. (getting my coat)... but not my virgin free wine.  |
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littleoldlady
Member of DD Central
Running down all platforms due to age
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Post by littleoldlady on Nov 25, 2020 8:55:19 GMT
No mention of November's prizes in my account but the "prize checker" says I won 2 x £25. Any idea what the brilliantly designed and magnificently drawn red line graphic is supposed to represent? View Attachment"Brilliantly", "magnificently" and, no doubt, expensively.
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Post by investor1925 on Nov 25, 2020 9:20:01 GMT
It would be interesting to know how much cash has been withdrawn from NS&I income bonds etc this week, following the brutal cut in rates.
Anyone working for NS&I who is on this forum ?
Sadly, when the Gov needs cash the most, we are all pulling it out.
Had they just reduced it to around 0.5 - 0.75% they would have kept a lot of it methinks
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Post by Deleted on Nov 25, 2020 9:25:15 GMT
Lots of people complaining today that getting through on the phone was difficult
There are people still using the phone to do transactions? You'll be telling me next people still need to go to a bank to pay in cheques.
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dead-money
Rocket to the Moon
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Post by dead-money on Nov 25, 2020 10:10:28 GMT
It would be interesting to know how much cash has been withdrawn from NS&I income bonds etc this week, following the brutal cut in rates. Anyone working for NS&I who is on this forum ? Sadly, when the Gov needs cash the most, we are all pulling it out. Had they just reduced it to around 0.5 - 0.75% they would have kept a lot of it methinks They publish the stats quarterly; they were sucking in Billions and billions until they slashed rates.
Original annual target was £6B, Govt. revised that upwards to £35B, by Sept they had surpassed that, so rates cut.
NB Any Govt. or NS&I employee divulging information in a public forum would get in serious trouble.
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littleoldlady
Member of DD Central
Running down all platforms due to age
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Post by littleoldlady on Nov 25, 2020 11:26:16 GMT
It would be interesting to know how much cash has been withdrawn from NS&I income bonds etc this week, following the brutal cut in rates. Anyone working for NS&I who is on this forum ? Sadly, when the Gov needs cash the most, we are all pulling it out. Had they just reduced it to around 0.5 - 0.75% they would have kept a lot of it methinks For smallish holdings the difference between 0.5% and 0 is too small to be worth the bother of opening another account (which anyway might reduce its rate soon after). For very large holdings, over the FSCS limit, the security is more important.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Nov 25, 2020 16:31:12 GMT
The saddest and most frightening aspect of this decision is the clear indication (yet again) of the level of business/commercial acumen possessed by those in Government & Quasi-Government. There isn't any, they don't have a clue, most have never worked in the private sector. The experiment failed in the USA, but I often wonder how we'd fare with Alan Sugar as PM? (Or anyone of similar ilk) 'twould be interesting, wouldn't it?  |
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littleoldlady
Member of DD Central
Running down all platforms due to age
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Post by littleoldlady on Nov 25, 2020 17:23:15 GMT
The saddest and most frightening aspect of this decision is the clear indication (yet again) of the level of business/commercial acumen possessed by those in Government & Quasi-Government. There isn't any, they don't have a clue, most have never worked in the private sector. The experiment failed in the USA, but I often wonder how we'd fare with Alan Sugar as PM? (Or anyone of similar ilk) 'twould be interesting, wouldn't it? From www.rishisunak.com/about-meI have been fortunate to enjoy a successful business career. I co-founded a large investment firm, working with companies from Silicon Valley to Bangalore. Then I used that experience to help small and entrepreneurial British companies grow successfully. From working in my mum’s tiny chemist shop to my experience building large businesses, I have seen first-hand how politicians should support free enterprise and innovation to ensure our future prosperity.
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