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NSu0026I Premium Bonds - The easiest way to become a millionaire?

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Damien Talks Money

NS&I or National Savings and Investments Premium Bonds are the most popular investment in the UK. Lets take a look at if they are worth it.

NS&I Premium bonds are held by 1 in 3 UK adults and have a total combined worth of over 90 Billion Pounds. Premium bonds have existed for decades but are they still worth using today?

In the video we go over the following topics:
Who are National savings and investment?
Whats are premium bonds?
Are premium bonds secure?
The tax implications if you win?
The Odds of winning with Premium Bonds?
Do i use Premium bonds?

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Timestamps:
00:00 Intro
00:16 Who are NS&I
00:50 What are Premium Bonds?
2:27 Are Premium bonds safe?
3:03 Are Premium bonds Taxed?
4:10 What are the odds?
7:02 Should we use premium bonds?

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My video links.
The options for investing explained:
   • UK Investing for Beginners: How to St...  
How to stop you investments being taxed:    • ISA Explained for Beginners: Everythi...  
Investing in stocks and shares:
   • Investing for beginners UK 2024 Usin...  


Video Links:
NS&I Premium Bonds: https://www.nsandi.com/premiumbonds
Moneysavingexpert calculator: https://www.moneysavingexpert.com/sav...
Cambridge study into gambling: https://www.cam.ac.uk/research/news/n...

Disclaimer:
Any information provided in this video is meant purely for entertainment purposes and does not constitute any form of recommendation, They are simply my opinions. If you want financial advice tailored to your circumstances please consult with a licensed professional.

posted by antenasxy