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Premium Bonds - £50k each?
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Wow
not bad at all!0 -
We are maxed out and over the last few years we have pretty much had the published nominal interest rate which means we normally get something every month. Only ever had two £500's, all the rest are made up of the usual £25's.
.."It's everybody's fault but mine...."0 -
I also hold the maximum and in the last 11 months have won £500 overall.
As I pay higher rate tax, that's a decent return on cash.0 -
I know someone that won £25k in the last year. Cash was only being parked for a few months before a house purchase.
Total - £340.00
wins : £7.50 Virgin Vouchers, Nikon Coolpixs S550 x 2, I-Tunes Vouchers, £5 Esprit Voucher, Big Snap 2 (x2), Alaska Seafood book0 -
I've got the max, had £650 in the first 12 months, 2 months into second year and only £25. I've never had more than a £25 prize.
With the person that knows someone that has 6 maxed accounts in others names, a big win might cause some issues if it goes into another person's account, nothing to stop them keeping it is there? Also what sort of due diligence do NS&I do when paying out, especially now that it's into nominated accounts, if 6 holders prizes all to same nominated account that should be noted surely?Make £2023 in 2023 (#36) £3479.30/£2023
Make £2024 in 2024...0 -
VXman said:Never really 'got' premium bonds. Always seemed to me.to be better to.save in a interest bearing account than trust luck. However, given the level of interest rates avaliab!e now it.seems more understandable. Personally I'd still prefer to put 100K in a.reasonably safe investment fund.
I had a friend with 6 accounts maxed.out (using other people's names) and always raged each month about how.much she won. What she never did was work out what the equivalent interest was. It would be interesting to know if she really did any better than a 1% savings account.
Imagine your investment drops 20% and you need some money now for a new boiler, your already on a loser.
Investments should be for 5-10 years. not adhoc. Unless your short selling, in which case good luck"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
I had completely forgot that I had been given a gift of £3 in paper PBs when I was a young child in the 1970s. On converting the paper into electronic form I discovered that my £3 had appreciated over the intervening decades to...£3. In real terms that represents a loss of some 80% in value. Yes, I know the amount is tiny and this means nothing. Just thought it was interesting.
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...IMHO having "small" amounts in PB's is a bit if a waste of time as the odds are you will not "win" anything and obviously over time you will lose money to inflation.
.."It's everybody's fault but mine...."0 -
gunjin said:I had completely forgot that I had been given a gift of £3 in paper PBs when I was a young child in the 1970s. On converting the paper into electronic form I discovered that my £3 had appreciated over the intervening decades to...£3. In real terms that represents a loss of some 80% in value. Yes, I know the amount is tiny and this means nothing. Just thought it was interesting.Not Rachmaninov
But Nyman
The heart asks for pleasure first
SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅0
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