Pensioners Bond

[Dee-M-See]

I have a �5000.00 Pensioners Bond about to mature and as you can longer invest in them they are finished
Which is the best option,Income Bonds or Guaranteed Bonds?

[dzug]

It really depends on your priorities. If you are prepared to accept a varying income, then income bonds will probably (but not certainly) be better over a period of time. With the guaranteed bond you know exactly what you are getting.

[Whoever]

If you can tie your money up for a period of a year, various building societies and banks offer One Year Savings Bonds with a reasonable rate of interest and many of them give you the option of taking interest monthly or annually. Birmingham Midshires are currently offers a 6 month fixed rate bond at 6.71% or a 1 Year fixed rate bond at 6.76%. These bonds are not related to the stock market so you will not suffer from stock market volatility and you know what you will be getting back at the end of the term.

[Dee-M-See]

Thank you for your answers your advice is much appreciated