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A dabble on the market

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Comments

  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Much more exciting to buy Premium Bonds - you could win a million! In fact, strictly you could win a couple of million a month. Are you feeling lucky, punk?
    Free the dunston one next time too.
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    kidmugsy wrote: »
    Much more exciting to buy Premium Bonds - you could win a million! In fact, strictly you could win a couple of million a month. Are you feeling lucky, punk?
    Absolutely ! I'll just invest these 26000 coins for the long term and get 26,000 entries into the draw per month. I should then win exactly one prize per month. And after 1,898,000 months (about 160,000 years) I should have won both those million pound prizes. Unless unfortunately I am in any way less lucky than the 'average', in which case it might take longer.

    Unfortunately I've only got a fiver in premium bonds from when I was younger, and not 26,000 lying around spare to 'invest'...

    So winning those two top prizes would on average take over 5000 times longer. Give it 832 million years and I'll be back to split the winnings with you. Unless, again, I am in any way 'unluckier' than the average punter, in which case you'll need to give me a little longer.
  • AlwaysLearnin
    AlwaysLearnin Posts: 916 Forumite
    Part of the Furniture 500 Posts Name Dropper Mortgage-free Glee!
    Couldn't sleep bowlhead...?! :)
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