They've been pretty lucky for him, now my granddad wants me to have his premium bonds in his will. I keep telling him it ain't possible but he's going to do it. It's quite a bundle and I'm selfishly thinking that I'm gonna lose out here. Others are getting cash.
2006-07-26 12:58:43 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
As long as your grandfather is of sound mind, it's his decision to make as to who inherits what. It's good that he's sorting this out now vs. letting the family fight over it after he's gone.
Just thank your grandpa for thinking about you and for saving the family from fighting over the inheritance. Trust me, I've been through that and you don't want any part of it.
2006-07-26 13:17:43 · answer #1 · answered by Uncle Pennybags 7 · 1⤊ 0⤋
Your getting the best gift of the bunch. It's the gift that keeps on giving. If your unhappy with the investment return simply sell them and put the money to work in another investment vehicle such as stocks or mutual funds. You could max out your 401k and take the tax deduction for it.
2006-07-26 13:27:26 · answer #2 · answered by Russell C 1 · 0⤊ 0⤋
premium bonds are equaly good as cash, its just different form at the bank
2006-07-26 15:40:54 · answer #3 · answered by Aaron J 3 · 0⤊ 0⤋
Talk about a greedy little prat.
u can win millions with premium bonds, no one checks thems. plus you can sell them
2006-07-26 13:04:29 · answer #4 · answered by onename 4 · 0⤊ 0⤋
you could always cash them in.
2006-07-26 13:02:26 · answer #5 · answered by mcspaner 3 · 0⤊ 0⤋