Lux Investing

Is it safe to invest my money in a fixed rate savings bond? Which one is the best and why? Thanks?

Is there any way that I can loose the intial money that I put in the bond?

Public Comments

1. the banker can tell you about your options.. you should talk to them and you will be enlightened.. The fixed rate will always be greater than or equal to 0.00%, they are the safest compare to other rates
2. If you use a well-known/recognised company, then you are OK. Take the trouble to read the conditions. Interest rates will rise in the longer term, so locking your money away for 1/2 years only would be advisable. Check the Daily Mail site below, for more info.
3. Will be good if you read the fine prints. In addition, clarify directly with the banker or relationship manager if your principle can be lost in any scenario.
4. Buy a Govt backed bond (Gilt) with a fixed rate of interest and a guaranteed return. 100% safe but you will be tying your money up for a specific period