A.I.M. Users Bulletin Board

[ls7550]

Hi Toofuzzy

if you had the 20/20 foresight to buy 30 year zero coupon bonds in 1975

My first ever investment was to buy a 15 year Gilt (Treasury) that was paying around 15% at around that time. 15 year old making a purchase through the Post Office. Quite a lot of money invested for me at that time, but that after starting work became a trivial amount, and sadly that paid out the interest rather than accumulating/compounding the benefit. I guess that was my initial hook into taking a interest in investing, like how many who bet for the first time and win often become hooked for life. My two sons have much less inclination/interest, they're more the now/instant gratification types that seems to dominate nowadays.