Broker Solutions are currently offering a Fixed Income Bond with 100% capital guarantee, 3% p.a. for 3 years, gross, subject to income tax, 20% in my case.
I have funds in 5 year State Savings Certs giving 1% p.a. nett.
It looks to be a no-brainer to cash in the Certs now, which have various maturing dates over the next 3 years, and move the funds to the Fixed Income Bond.
Is there any reason to be wary of this move?
I have funds in 5 year State Savings Certs giving 1% p.a. nett.
It looks to be a no-brainer to cash in the Certs now, which have various maturing dates over the next 3 years, and move the funds to the Fixed Income Bond.
Is there any reason to be wary of this move?