I have often been asked which are the best bonds to buy and the simple answer is that it entirely depends on your own circumstances. We will suggest what could be the best UK bonds for you here, a long with plenty of information to ensure that you make the right choice.
Bonds are an interesting opportunity whose range covers the likes of investment bonds, savings bonds, Government Treasury Bonds as well as fixed rate and index linked bonds. The options available are almost endless, particularly when you consider that corporate bonds now are covered by a whole host of different companies who compete fiercely with each other to offer something new each time, opening up new ideas on an almost daily basis.
Whilst some current accounts offer minute interest currently, there are some which offer around 3%, normally with in lesser known banks who are trying to drum up some business from outside of their normal catchment area. This can include local regional banks with in the UK who have always struggled to attract customers nationwide but can now do so by combining excellent interest offers with a strong internet marketing campaign, where barriers to entry are far lower.
The availability of these impressive current accounts has ensured that short term bonds have really lost value, as there is little point in tying up investment capital in something which only gives you as much return as another which offers unlimited withdrawals at the same time.
You can also read a little more about the best bonds in my Google Knol article. I aim to use blogger and knol to communicate my ideas and findings about all sorts of different things with in the financial sector over coming months and years and hope that i can help others to make the right investment decisions at a time when we are all tightening our belts.
