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41 year old premium bond found
N9eav
Posts: 4,742 Forumite
I found my premium bond that I was given when I was Christened. £1. Must have been a big spend in 1966.
I sent away to see if it had won anything. In 41 years NOTHING.
I filled in the new address thingy. I guess it has sentimental value now, but certainly not an investment.
I sent away to see if it had won anything. In 41 years NOTHING.
I filled in the new address thingy. I guess it has sentimental value now, but certainly not an investment.
NO to pasty tax We won!!!! Just shows that people power works! Don't be apathetic to your cause!
0
Comments
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Although not all that long ago,the big prize was won by a person who had ONE bond dating from the 1960s......(AKA HRH_MUngo)
Member #10 of £2 savers club
Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton0 -
The chance of one single £1 bond winning is 21,000/1. Yours has only been in 492 draws so you'd have been remarkably lucky if it had won anything.
If you hold it for another 875 years you have an even-money chance of winning
Personally I think Premium Bonds are an excellent investment for higher-rate taxpayers. Given average luck in the draw you get 4.00% net which equates to 6.65% - comparable to the best accounts around.
Plus they have two other benefits: The slight possibility of a decent win & (for those inclined to dip into their savings) the fact that people are far less likely to fritter away their money if it's in bonds that mush be cashed in than in an instant access account.
cheers
Fella0
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