Premium bonds

[Dave Ewing's Back 'eader]

£125 for me this month after nothing last month.

You bloated plutocrat! I only got £50! But I did score last month. A month not getting a prize is like getting Anthony Taylor for ninety minutes.

 

[bluesince76]

I'd disagree there, I'm getting 4.6% return on my holding over the past 12 months, tax free obviously, so equivalent to over 5.5% in a easy access account, doubt you would find that very easily at a bank.

Different of course if you are prepared to lock the money away for a year or two, or take a risk on the stock market

It's been higher recently due to the high interest rates, but prize fund is now 4.4%, so similar to what you're getting, but it's an average, impacted by the larger prizes. As I mentioned, those rates have been less than inflation for the last year or so, so you've lost buying power.

As I said, a reasonable place for money you might need in the short term, as often better than bank rates, especially considering the tax, but not an investment and a bigger risk than the stock market over a longer term.

 

[hampshireblue]

Two months in a row without a win FFS sort it out Pep!!

If only we could say the same about the Arse and the Bin dippers!

 

[bluebc]

Buzzin, biggest one yet :

 

[denislawsbackheel]

£150 here for me and £50 for the Mrs..

 

[staffsblue]

Another £150 for me this month.

 

[dickie davies]

Back of the net

 

[bluetonium]

Nothing again. That's just the one £25 win in over twenty years. Taking the money out now, had enough.

 

[flook]

250 for me 50 each mrs and dotter, my rolling annual return sitting at 4.6%

 

[chris85mcfc]

Still can't get my head around why people invest in these, unless they're just part of a wider portfolio

Chances are that the vast majority of people will lose money by investing in these over the stretch of 5-10 years