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What would you spend this £1000 on?

(81 Posts)
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grandMattie Tue 31-Jan-23 11:55:49

Premium bonds. They don’t increase in value (they don’t lose any either) but you win the occasional prize and they can be sold should the owner need the money.

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Callistemon21 Tue 31-Jan-23 11:36:39

Good idea, of course I forgot you can do that.

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Maria59 Tue 31-Jan-23 11:33:46

Callistemon21 I have premium bonds for the grandchildren and any wins are automatically used to buy more bonds they have had a few small wins so growing more than in a bank account

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Callistemon21 Tue 31-Jan-23 11:25:07

I'd buy Premium Bonds.

I know they don't grow in value but there's always a chance of a big win.

Gold prices are high at the moment; they could go up or down so I'm not sure that buying at the moment is a good idea.

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Theexwife Tue 31-Jan-23 11:22:04

I wouldn’t buy an item as it could be unwanted, lost or sold before it becomes of value.

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Kateykrunch Tue 31-Jan-23 11:15:49

If you had a £1000 to spend on something to pass on to a Grandchild or other relative, something that would be an investment for their future and might grow in value if they kept it for some years, (It was watching a programme yesterday where someone had had a large amount of gold jewellery left to them that has made me ponder this). I wondered about a Gold Sovereign, what would you buy?

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