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Eco_Miser

Type_45 said:

If you've got £50k, and you have no plans for it, it should be invested. You'd need the risk tolerance of a church mouse to keep it in PBs.

However, if you have got plans for it PBs are a safe place to dump it until you actually need it, and at present the expected return is better than savings accounts.

PBs are also useful for those of us who have plenty in equities and don't fancy bonds at the moment.

Type_45

Eco_Miser said:

Type_45 said:

If you've got £50k, and you have no plans for it, it should be invested. You'd need the risk tolerance of a church mouse to keep it in PBs.

However, if you have got plans for it PBs are a safe place to dump it until you actually need it, and at present the expected return is better than savings accounts.

PBs are also useful for those of us who have plenty in equities and don't fancy bonds at the moment.

In fairness, outside of equities, I don't think there are many good options for cash.  Current accounts, savings accounts, cash ISAs and PBs all pay peanuts.  None of them beat inflation.


Gold ETC, silver ETC and crypto are other options.  Or buy physical assets (property, physical gold/silver...   but these things come with expenses attached).

[Deleted User]

Eco_Miser said:

Type_45 said:

If you've got £50k, and you have no plans for it, it should be invested. You'd need the risk tolerance of a church mouse to keep it in PBs.

However, if you have got plans for it PBs are a safe place to dump it until you actually need it, and at present the expected return is better than savings accounts.

PBs are also useful for those of us who have plenty in equities and don't fancy bonds at the moment.

I have 16k in my PB, I win at least £25 each month, for three or four months I have won £50. 

12x15 = £300 (It is more likely to be £400 a year with the £50 wins)

I think that beats inflation? I know it isn't guaranteed.  

Type_45

Deleted_User said:

Eco_Miser said:

Type_45 said:

If you've got £50k, and you have no plans for it, it should be invested. You'd need the risk tolerance of a church mouse to keep it in PBs.

However, if you have got plans for it PBs are a safe place to dump it until you actually need it, and at present the expected return is better than savings accounts.

PBs are also useful for those of us who have plenty in equities and don't fancy bonds at the moment.

I have 16k in my PB, I win at least £25 each month, for three or four months I have won £50. 

12x15 = £300 (It is more likely to be £400 a year with the £50 wins)

I think that beats inflation? I know it isn't guaranteed.  

No, it doesn't beat inflation (which is generally considered 2%, and would equate to £320 in your case).  But it's not far off.


However, inflation is rising past 2% and is already 5% in the USA.

RG2015

Type_45 said:

Deleted_User said:

Eco_Miser said:

Type_45 said:

If you've got £50k, and you have no plans for it, it should be invested. You'd need the risk tolerance of a church mouse to keep it in PBs.

However, if you have got plans for it PBs are a safe place to dump it until you actually need it, and at present the expected return is better than savings accounts.

PBs are also useful for those of us who have plenty in equities and don't fancy bonds at the moment.

I have 16k in my PB, I win at least £25 each month, for three or four months I have won £50. 

12x15 = £300 (It is more likely to be £400 a year with the £50 wins)

I think that beats inflation? I know it isn't guaranteed.  

No, it doesn't beat inflation (which is generally considered 2%, and would equate to £320 in your case).  But it's not far off.


However, inflation is rising past 2% and is already 5% in the USA.

Not to mention 40% in Argentina and 100% in Zimbabwe.

concorde1966

I now have nearly £24,000 invested. So far this year I have won £600 this was helped by a £525 win back in Feb of this year. I did have a spell where i won nothing for eight months and all of a sudden my wins are becoming more frequent again. 

Stubod

concorde1966 said:

I now have nearly £24,000 invested. So far this year I have won £600 this was helped by a £525 win back in Feb of this year. I did have a spell where i won nothing for eight months and all of a sudden my wins are becoming more frequent again. 

...that's normal variation / statistics for you....overall with "average" luck it will eventually equal out to just under the published/headline rate...

onthebench

Type_45 said:

The question is this:

Is £50k in bonds for a year a cop out when you win next to nothing....   as oppose to £50K in a passive tracker such as VLS100 in which you will gain about 25% interest (£12,500 interest)?

Wow, I had no idea investing was so simple. At 25% a year, in 20 years' time that £50k will be worth £4.3 million. Who needs a pension anyway. Where do I sign?

Type_45

onthebench said:

Type_45 said:

The question is this:

Is £50k in bonds for a year a cop out when you win next to nothing....   as oppose to £50K in a passive tracker such as VLS100 in which you will gain about 25% interest (£12,500 interest)?

Wow, I had no idea investing was so simple. At 25% a year, in 20 years' time that £50k will be worth £4.3 million. Who needs a pension anyway. Where do I sign?

I recommend iWeb for that amount of investment.

LindsayJames

I love how cross the OP got in this thread… 😅