Is an NS&I National investment account the safest option?
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Written on: 15.11.2009 [02:19]
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Wyes
Wyes
Topic creator
Posts: 4
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Since NS&I are backed by the treasury, is a National investment account the safest bet at the moment? |
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Written on: 17.11.2009 [22:25]
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johanna
Johanna
Posts: 8
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NS&I has always been a safe bet, but the safety risk is often overplayed. It's important that your money is in safe hands, but all the big banks and building societies can offer you security. The only thing you need to do is check that you don't have all your money with one institution. NS&I does offer some good deals, but a lot of places are competing at the moment, so do your research before you give them your cash. Northern Rock is also in public ownership, so it's pretty safe too. |
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