It's time to start digging up those Squirrelled Nuts!!!!

Sea_Shell

Audaxer said:

Sea_Shell said:

Oh, and our £40,000 of premium bonds are eligible for their first draw next week!!!   Fingers crossed 🤞 (for at least £25)

Sea Shell, I'm interested to know how user-friendly you found the NSI website? I was thinking of transferring some cash to Premium Bonds, but I had read there were problems getting access to withdraw funds if needed quickly.

@Audaxer

Buying them was easy, as DH already had an account (with £21 worth!!).  We used a debit card.

Have no idea how easy (quick) they'll be to sell, but yes, I've heard some have had problems.

One being that their Santander linked account wasn't recognised....eek!


We previously had a 3 year NS&I bond a while ago, and that matured no problem IIRC.

DairyQueen

Audaxer said:

Sea_Shell said:

Oh, and our £40,000 of premium bonds are eligible for their first draw next week!!!   Fingers crossed 🤞 (for at least £25)

Sea Shell, I'm interested to know how user-friendly you found the NSI website? I was thinking of transferring some cash to Premium Bonds, but I had read there were problems getting access to withdraw funds if needed quickly.

Very user-friendly. I transferred my £50k holding out of PBs earlier this year. It hit my linked account the same day.

Audaxer

DairyQueen said:

Audaxer said:

Sea_Shell said:

Oh, and our £40,000 of premium bonds are eligible for their first draw next week!!!   Fingers crossed 🤞 (for at least £25)

Sea Shell, I'm interested to know how user-friendly you found the NSI website? I was thinking of transferring some cash to Premium Bonds, but I had read there were problems getting access to withdraw funds if needed quickly.

Very user-friendly. I transferred my £50k holding out of PBs earlier this year. It hit my linked account the same day.

Thanks @DairyQueen. Interesting to read that you have transferred the whole £50k out of PBs. Were you not getting the average return you expected from having the maximum holding?

cfw1994

DairyQueen said:

Audaxer said:

Sea_Shell said:

Oh, and our £40,000 of premium bonds are eligible for their first draw next week!!!   Fingers crossed 🤞 (for at least £25)

Sea Shell, I'm interested to know how user-friendly you found the NSI website? I was thinking of transferring some cash to Premium Bonds, but I had read there were problems getting access to withdraw funds if needed quickly.

Very user-friendly. I transferred my £50k holding out of PBs earlier this year. It hit my linked account the same day.

Impressive!  Think the last time I withdrew some, it was a couple of days.  Easy to do, mind 😎👍

DairyQueen

Audaxer said:

DairyQueen said:

Audaxer said:

Sea_Shell said:

Oh, and our £40,000 of premium bonds are eligible for their first draw next week!!!   Fingers crossed 🤞 (for at least £25)

Sea Shell, I'm interested to know how user-friendly you found the NSI website? I was thinking of transferring some cash to Premium Bonds, but I had read there were problems getting access to withdraw funds if needed quickly.

Very user-friendly. I transferred my £50k holding out of PBs earlier this year. It hit my linked account the same day.

Thanks @DairyQueen. Interesting to read that you have transferred the whole £50k out of PBs. Were you not getting the average return you expected from having the maximum holding?

We bought a bigger property.

Mr DQ still has his max holding and his year-on-year return is 0.9%. Can't recall when they reduced prizes with the corresponding reduction in average return to 1% but I think it was late last year (November?).

DairyQueen

cfw1994 said:

DairyQueen said:

Audaxer said:

Sea_Shell said:

Oh, and our £40,000 of premium bonds are eligible for their first draw next week!!!   Fingers crossed 🤞 (for at least £25)

Sea Shell, I'm interested to know how user-friendly you found the NSI website? I was thinking of transferring some cash to Premium Bonds, but I had read there were problems getting access to withdraw funds if needed quickly.

Very user-friendly. I transferred my £50k holding out of PBs earlier this year. It hit my linked account the same day.

Impressive!  Think the last time I withdrew some, it was a couple of days.  Easy to do, mind 😎👍

Yep, I was surprised. I was expecting up to a week.

Sea_Shell

October's figures.

12 month spends to date - £17,050* (including the boiler at £2800), so really £14,250.   We're getting better at this spending malarky!!

Total pot value - £638,725 (Oct 20 = £557,174)

Made up of:
DC Pensions - £367,370
S&S ISAs - £214,300
Cash - £57,055 (including £40k PBs)

*Spends as a percentage of Oct 20 pot = 3.06%.

cfw1994

It is very kind of you to share actual number.  I have considered creating my own thread, but it would be far more rambling, & I’d be a little too circumspect with our actuals 🧐
Great to see the spend going up (albeit still phenomenally low by our standards!!)….

….but the fact that the beach is filling up with more and more shells tells me £22k in ‘22 needs to be an absolute minimum spend, or the tide will never get over the reef you create 🤪  
If you have trouble with that, message me for ideas 🤣

Sea_Shell

Well, are they "actual" numbers or strategically adjusted to "throw you off the scent"!?! 😉😉 🤔


But really, I don't think it's giving much away by saying £638,725 rather than £639,000! 😉

Audaxer

Sea_Shell said:

October's figures.

12 month spends to date - £17,050* (including the boiler at £2800), so really £14,250.   We're getting better at this spending malarky!!

Total pot value - £638,725 (Oct 20 = £557,174)

Made up of:
DC Pensions - £367,370
S&S ISAs - £214,300
Cash - £57,055 (including £40k PBs)

*Spends as a percentage of Oct 20 pot = 3.06%.

Well done. I notice that you have a lower percentage in cash than I had previously thought.  If you care to share, I'd be interested to learn what percentage of spend you are drawing from cash, and what percentage from your investments?