Premium bonds

[Dave Ewing's Back 'eader]

I'm just gonna check my NS&I app!

Checked and it's back in my usual seat tomorrow!

 

[SiMCFC]

Fuck all for me as usual, I've had 5k in there building up since I was about 10 and I've won a tenner once.

 

[Djibrilshairdo]

The missus parents won £25k about 10 years ago. Spent it on solar panels and then moved house 2 years later. Thick fuckers.

 

[heslops barnet]

Fuck all for me as usual, I've had 5k in there building up since I was about 10 and I've won a tenner once.

Probably makes no difference but I’d cash them and buy again, your luck might change……

 

[Cassandra]

This month perhaps?

Ah, well, a boy can dream……

 

[Tuearts right boot]

The missus parents won £25k about 10 years ago. Spent it on solar panels and then moved house 2 years later. Thick fuckers.

LIke the quiz show winners, they always spend it on a holiday, never once has someone said they'll spend it on solar panels....love to see Bradleys face if they did.

 

[Odd socks]

£250 for me this month after a fallow November, nice return to form, 4.1% return over the last 12 months

Had same this month and it gives me a similar return over the past 6 months.
Been thinking of cashing out with building society rate's giving 5%, but I guess it's the thought of one day it could be me.

 

[flook]

Had same this month and it gives me a similar return over the past 6 months.
Been thinking of cashing out with building society rate's giving 5%, but I guess it's the thought of one day it could be me.

exactly this, I got nothing last month and vowed if same happened this month I'd move the cash somewhere more productive.....I'm secretly relieved I won :)

 

[Blue Boy 63]

£100 this month . Collected £900 since i first invested in PB`s in April .

 

[heslops barnet]

£100 this month . Collected £900 since i first invested in PB`s in April .

Ahhhhh but how many bonds?

 

[Tuearts right boot]

Ahhhhh but how many bonds?

To get that you'd need to be near the top end of the allowance.

 

[SWP's back]

Fuck all for me as usual, I've had 5k in there building up since I was about 10 and I've won a tenner once.

How old are you now?

 

[heslops barnet]

To get that you'd need to be near the top end of the allowance.

My pal (retired Head of English teacher) bought £20,000 worth and won £100 with his first draw

 

[Snape]

£700 for me this month on 3 bonds.

 

[SWP's back]

My pal (retired Head of English teacher) bought £20,000 worth and won £100 with his first draw

If he won £100 every month for a year then that’s 6% pa, or slightly worse than he could have got on a 1 year term deposit.

Or he could have stuck it in an S&P500 index tracker and averaged 11% per year for the last 20 years.

Premium Bonds are just a slightly less sexy lottery. They’re a guaranteed way to lose savings to inflation for well over 95% of all PB holders.

Edit. I’ve got about £5k in myself for the “what if” factor. But I know it’s very unlikely.

 

[Blue Boy 63]

Ahhhhh but how many bonds?

Invested £25,000 in March and another £25,000 April .

 

[Blackley_Blue]

Got a relatively small amount in with a small monthly standing order set up and haven't won a bean in 3 years.

A colleague who's nearer the top end of the allowance has won £100 in 3 out of the last 5 months.

 

[heslops barnet]

Invested £25,000 in March and another £25,000 April .

Nice one…….I was bought one in 1956…..no luck so far….

 

[heslops barnet]

Got a relatively small amount in with a small monthly standing order set up and haven't won a bean in 3 years.

A colleague who's nearer the top end of the allowance has won £100 in 3 out of the last 5 months.

Does he ever buy the beer though?

 

[117 M34]

If he won £100 every month for a year then that’s 6% pa, or slightly worse than he could have got on a 1 year term deposit.

Or he could have stuck it in an S&P500 index tracker and averaged 11% per year for the last 20 years.

Premium Bonds are just a slightly less sexy lottery. They’re a guaranteed way to lose savings to inflation for well over 95% of all PB holders.

Edit. I’ve got about £5k in myself for the “what if” factor. But I know it’s very unlikely.

Seeing as you are giving out free advice :) what do you think of nutmeg stocks and shares isa?