Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

New wealth fund

2 replies

Asosbabe · 11/07/2024 21:55

If they can't afford a fab interest rate they could have a prize every month like premium bonds to make people want to invest

OP posts:
CranfordScones · 11/07/2024 22:37

Are you talking about a government scheme to raise funds? It would just be another form of premium bonds. That money isn't a 'wealth' fund - the government spends it all and the liability to repay the investors is now part of the government debt - borrowings which the government has to repay at some point.

Asosbabe · 11/07/2024 22:59

They probably won't offer a great % but if they could put 3.5 or4% and offer a premium bonds like possibility it might attract more people

OP posts:
New posts on this thread. Refresh page
Swipe left for the next trending thread