Premium Bond Winner ?

AnotherJoe

SallySunshine wrote: »

Well it just goes to show that it is worth hanging on;)
Just seen a £20 bond bought in 1959 has won a £1000 prize this month.:T
The total amount of held bonds is £34.

Not that impressive then. Had it just been held in a savings account it would be worth about that much anyway, and invested in the stock market at average rates of return 50% more than that.

tommysaver

Can't believe this, I've held circa 7k to 12k for about 5 months, first 2 months I won £25 each. Then nothing for 2 months, and I've just won £100!

Far far higher than the calculator predicted.

My interest in my other account would have been about £10 in total for those 5 months, I know have £150! Winner!

whippetowner

2 x 25 for me this month


still holding out for a big win

tommysaver

Another Joe, Que?

How am I going to get that kind of money per month with any savings accounts without obscene effort for like £5 a month interest?

I've already got my 123 account maxxed out, this is extra that I have in premium bonds.

Personally I'd rather have the risk, and it's doing just fine so far!

AnotherJoe

tommysaver wrote: »

Another Joe, Que?

How am I going to get that kind of money per month with any savings accounts without obscene effort for like £5 a month interest?

I've already got my 123 account maxxed out, this is extra that I have in premium bonds.

Personally I'd rather have the risk, and it's doing just fine so far!

Because if you look at the record of historical interest rates over the past 60 or so years, that's how much it would have grown, because rates of 6, 7 and up to 10% for many years were normal.

http://swanlowpark.co.uk/savingsinterestannual.jsp I took the rates in that and that's what the numbers come out to if you compound £34.

tommysaver

AnotherJoe wrote: »

Because if you look at the record of historical interest rates over the past 60 or so years, that's how much it would have grown, because rates of 6, 7 and up to 10% for many years were normal.

http://swanlowpark.co.uk/savingsinterestannual.jsp I took the rates in that and that's what the numbers come out to if you compound £34.

You've lost me, this is new money and I've only had it in there 5 months ish.

AnotherJoe

tommysaver wrote: »

You've lost me, this is new money and I've only had it in there 5 months ish.

Ah, cross posting I was talking about the person that had £34 since 1959. Sorry for the confusion.

Eco_Miser

tommysaver wrote: »

How am I going to get that kind of money per month with any savings accounts without obscene effort for like £5 a month interest?

I don't know about another joe, but I get £5 a month from Halifax, around £16 a month from Lloyds, and around £8 a month from TSB (and another £8 from TSB but that's not available to new customers now) just for moving money between those accounts, certainly not an obscene effort, and a lot more than £5 a month.
If I had the spare cash Nationwide, BOS and Santander would be adding to the total.

tommysaver

Anyone feeling lucky for 3 hours time?

Incase anyone doesn't know, the NS&I have an official app (on android anyway) that you put in your number and it gives you a little display if you win.. quite a nice feature I think it's really exciting.

Anyway... the million is coming to me tonight.....

Good luck all.

stringer_bell

tommysaver wrote: »

Anyone feeling lucky for 3 hours time?

Incase anyone doesn't know, the NS&I have an official app (on android anyway) that you put in your number and it gives you a little display if you win.. quite a nice feature I think it's really exciting.

Anyway... the million is coming to me tonight.....

Good luck all.

Yeah, I'm getting the million tonight also