national bonds? is it a good investment? what are the returns? i am in dubai?

Question

thanks

Answer 1

I have heard they are a decent investment. It is kinda like the lottery in the US only your tickets never expire. If you are a US citizen like I am, and you live in Dubai then you have heard all the talk about the GCC unpegging from the Dollar.

You will make a little money every month but, I think THAT is when you will make a killing. When they unpeg I think the Dirham will go up, and I believe it will trade on par or better than the Dollar.

And there is always the chance you will win the million or any of the other prizes. Buy the bonds and hold them long term until they get close to the unpeg and see where the Dirham is going to go then make a decision.

You are out nothing because you will always get back at least what you paid in, plus new bonds and any winning.

I just got here and started hearing about them, I did a little DD and this week I am buying 2000 Dirhams of bonds.

hope this helps.

Answer 2

Visit the following link for more details.

http://www.nationalbonds.ae/faq.htm