Premium Bond Winner ?

eskbanker

Snapdragon wrote: »

That suggests I've had a lucky run recently then:j
Feb 4 x£25, Mar 4 x£25, Apr 4 x£25, fingers crossed for May but that may well be it. As you've pointed out the return isn't great but the monthly have I 'won' anything is more interesting than cash sitting in equally low interest account, perhaps time to switch some to a S&S ISA.

Looks like CatLady13 now knows where her prizes went then!

But this is of course the nature of PBs, some will win more than the average and others will win less than the average - for some this is their appeal whereas for others it's their drawback. Each to their own....

Mee

A barren March followed by 3x£25 (on 40K+)

CatLady13

eskbanker wrote: »

As ever, it's that word 'average' that leads to so much debate on this topic!

Average luck would deliver £150 of prizes for £50K over three months (a 1.2% annualised return based on median average rather than the 1.4% mean average return) but it's an 86.5% chance of winning at least £100, so CatLady13 fits within the unluckiest 13.5% and therefore does indeed have a poor return relative to most holders of £50K worth of PBs....

I feel sad that I am in the unluckiest 13.5%!

I am not planning on keeping PBS forever, I just wanted to have a go for a little while and try my luck (or very little luck as the case may be). Transferring it all into Income Bonds would give me more money each month than I have been winning but also no chance of a big win (however small the odds). At least I have won something each month, that is better than nothing!

Thrugelmir

AnotherJoe wrote: »

That shouldn't be a surprise. PB's do provide a poor return.

I'm currently witnessing and experiencing declining market values. PB's can be used as part of a broader portfolio to provide diversification.

blues

£25 on 10k

Ifts

£25 on 50k

[Deleted User]

I invested for the first time in premium bonds on 4 January 2017 (£1000) and have had my first win (£25) in the April draw. I'm not sure if this is above or below average luck, or roughly what would be expected. Can anyone advise? TIA

PeacefulWaters

Deleted_User wrote: »

I invested for the first time in premium bonds on 4 January 2017 (£1000) and have had my first win (£25) in the April draw. I'm not sure if this is above or below average luck, or roughly what would be expected. Can anyone advise? TIA

Well above average.

You'd expect a £25 win every two years!

polymaff

Deleted_User wrote: »

I invested for the first time in premium bonds on 4 January 2017 (£1000) and have had my first win (£25) in the April draw. I'm not sure if this is above or below average luck, or roughly what would be expected. Can anyone advise? TIA

£~20 per annum, so ~2%, tax free. That speaks for itself, H

SeeMe

I have been trying to register online to view my bonds but keep getting the message try again later, 2 days now but seems i may have to go the phone route.