To bond or not to bond?

[Hazel104]

I have a spare £100 and wondered if it's worth buying some bonds.
I’ve just had a look on money saving expert and it’d doesn’t seem worth it now!

What do you all think?

[Quentin_Crisp]

Treat yourself, Hazel - you know you deserve it :)

[dzug]

What sort of bonds are you on about?

[Hazel104]

Premium Bonds

[Hazel104]

Congrats dennis, that would be nice!

Its just money saving ex put me off; their calculator basically puts my odds with just 100 so low I thought 'why bother'! But then you have to be in it to win it, there’s nothing to lose really.

[dasherman]

£100 will win you aprox 1 prize every 20 years on average. But you might just win the million in your 1st draw.

[Whoever]

Wherever you place £100 you're not going to get much interest on it, (or lose much interest either) so if you fancy a gamble there's no reason why you should buy some premium bonds. However, for larger amounts of money it's almost always worth putting it somewhere where it will earn some interest.