Ever wondered what would happen if you invested £100,000 in Premium Bonds? In this video, we dive deep into the world of Premium Bonds, exploring what they are, how they work, and the pros and cons of investing in them and who should consider them.
But that's not all! I’ve added a fun twist: a Dad vs. Daughter showdown! We split the £100k, with £50,000 each, and tracked our winnings over a set period. The results were surprising, to say the least!
Join me as I reveal the unexpected outcome of our Premium Bonds challenge. Will Dad or Daughter come out on top? You'll have to watch to find out!
0:01 - Introduction & challenge
0:25 - Quick Profile of Premium Bonds
1:56 - Chances of Winning
2:57 - Benefits of Premium Bonds
3:49 – What is wrong with Premium Bonds
4:15 – Battle of the Bonds and winnings
5:38 – Who are Premium Bonds for
6:21 – Comparing PB's to other accounts
8:29 – What would I do
Investing Apps & Platforms I Use:
InvestEngine - Get between £20-100 when you sign up and deposit £100 (or receive £100 - 200 if you set up business account)(T&Cs Apply)*
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Trading 212 - Link to a simple Vanguard FTSE All World (ACC) portfolio that is cheaper than the VWRP
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Vanguard - Not an affiliate link
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Disclaimer: This video is provided for information and entertainment purposes only. Please seek the help of a qualified regulated financial professional for any advice. Capital is at risk. Some links are affiliates and I will earn a commission from using them.
*InvestEngine (UK) Limited is Authorised and Regulated by the Financial Conduct Authority (FRN: 801128)
#PremiumBonds #Investing #Savings #DadVsDaughter #FinancialChallenge #Money #NSI #PrizeDraw #NS&I
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