Premium bonds

[doots]

£1m for June in Cheshire West

Fuck all for me in Cheshire East

 

[CWAC blue]

Fuck all for me in Cheshire East

Just £250 for me and her off a £89,000 holding.

 

[Always Ali]

£25 for me, £350 for my partner, both with max holding.

 

[i kne albert davy]

Fuck all for me in Cheshire East

£25 for me in Cheshire east, maybe they’re sending me the rest later :-)

 

[denislawsbackheel]

£125 in Cheshire East here after last month’s £200 on a £40K holding.

 

[dickie davies]

Just £250 for me and her off a £89,000 holding.

Cash ISA rates are around 4%, so you're looking at £300 PCM to break even
As a matter of interest do you know how much your PB investments return in a 12 month rolling period?

 

[CWAC blue]

Cash ISA rates are around 4%, so you're looking at £300 PCM to break even
As a matter of interest do you know how much your PB investments return in a 12 month rolling period?

Yes we are doing ok at the moment as I got a £1000 win in November so our rolling return is just over 4% personally I would pull £40k out and use this years isa allowance but she likes the bonds and not worth trying to convince her, just get the but we could win £1m reply.

 

[dickie davies]

Yes we are doing ok at the moment as I got a £1000 win in November so our rolling return is just over 4% personally I would pull £40k out and use this years isa allowance but she likes the bonds and not worth trying to convince her, just get the but we could win £1m reply.

she'd be as well playing £1 a week on the National lottery thunderball

https://www.moneysavingexpert.com/savings/premium-bonds/#:~:text=NS%26I%20happily%20lists%20the%20chance,use%20something%20called%20'multinomial%20probability'.

 

[blue b4 the moon]

A poor £75 on a full holding.

 

[City Hobgoblin]

It was Johnson who cut the number of winners wasn't it?

 

[PinkFinal]

£75 (£25,000)

 

[denislawsbackheel]

Cash ISA rates are around 4%, so you're looking at £300 PCM to break even
As a matter of interest do you know how much your PB investments return in a 12 month rolling period?

It’s not an investment though is it?
It’s somewhere to park spare dosh that can get tax free winnings once all your tax free savings avenues like ISAs are used up.

 

[flook]

£125 for me, rolling 12 month return a respectable 3.7%

 

[Bluemanc100]

Yes we are doing ok at the moment as I got a £1000 win in November so our rolling return is just over 4% personally I would pull £40k out and use this years isa allowance but she likes the bonds and not worth trying to convince her, just get the but we could win £1m reply.

I took our max holding out a couple of months ago and took a cash isa for a year.. I was getting sick of the disappointment but it makes you realise that you enjoyed the buzz when you get the daily paltry isa interest message…

Once the year is up we might give them another go

We only have £500 each atm so it’s not even worth checking the app

 

[heslops barnet]

Nowt coming this way in Stockport

 

[heslops barnet]

I took our max holding out a couple of months ago and took a cash isa for a year.. I was getting sick of the disappointment but it makes you realise that you enjoyed the buzz when you get the daily paltry isa interest message…

Once the year is up we might give them another go

We only have £500 each atm so it’s not even worth checking the app

Put a grand on city winning PL next season, more excitement

 

[Kompany Car]

It’s not an investment though is it?
It’s somewhere to park spare dosh that can get tax free winnings one all your tax free savings avenues like ISAs are used up.

Absolute last option after using up any Pension, ISA or General Investment Account (CGT or dividend allowances).

The return for Premium bonds is an average of 3.8% from July (currently 3.4%), but because averages are really only useful with symmetrical distributions, the actual return will be less for most people.

I guess ultimately it depends on what you want for your money, if you treat it as a bit of fun, but realise each year you dont win more than whatever the rate of inflation is, your money is eroded, then fine. If you treat it as any form of investment then you're on a hiding to nothing.

 

[i kne albert davy]

It was Johnson who cut the number of winners wasn't it?

Don’t think so it varies on current interest rates

 

[hampshireblue]

Absolute last option after using up any Pension, ISA or General Investment Account (CGT or dividend allowances).

The return for Premium bonds is an average of 3.8% from July (currently 3.4%), but because averages are really only useful with symmetrical distributions, the actual return will be less for most people.

I guess ultimately it depends on what you want for your money, if you treat it as a bit of fun, but realise each year you dont win more than whatever the rate of inflation is, your money is eroded, then fine. If you treat it as any form of investment then you're on a hiding to nothing.

Wise words-as always. £25 here, nothing for the Mrs.

 

[heslops barnet]

Wise words-as always. £25 here, nothing for the Mrs.

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