Ramin Nakisa

So there are lots of reasons why I might switch.

And at the moment, we're kind of reaching the point where I'm thinking, yeah, there are quite a few guilts now where I'd be better off than, you know, getting a money market fund.

Just a higher return.

So let's say you buy it today, you lock in 4.5%, say, for the next two years.

Whereas with a money market fund, it just picks up whatever rate the Monetary Policy Committee thinks up that week.

And that can change over time.

Yeah, I mean, in the UK, we're kind of blessed in the sense that we have a high short-term interest rate.

A lot of people say it's bad, and it is for the government because they have to borrow at that rate.

But for us, it's great.

You know, I speak to people in Europe where the rate's 2% rather than 4%, you know, in the UK, 3.75%.

So, yeah, I think we're in a situation now where a money market fund's pretty good, simple, they're very cheap, the fees are about 0.1% for the cheapest, and so simple, right?

You just put your money in, that's it.

If you go for the income version, it's always worth a quid.

It just throws out cash flows every so often.

If you buy the accumulation version, it just looks like a bank account where it just trundles upwards.

If it's a rampy one, that's the income version.

I've had people call me and say, what the hell's happened?

You know, I thought this was safe.

But then you actually zoom out on the y-axis.

It's like a penny above one, one pound or-