Join for free
Reply
Page 34 of 34 « First < 24 32 33 34
galty's Avatar
galty
Senior Member
galty is online now
rainham essex
Joined: Aug 2009
Posts: 3,721
galty is male  galty has posted at least 25 times and has been a member for 3 months or more 
 
05-05-2018, 04:17 AM
331

Re: Premium Bonds

Originally Posted by Val J ->
We donít have a lot of bonds and havenít won anything for ages. When interest rates are low I think there are less prizes!
Interest rates are very low well below inflation on safe investments

AND

You cant lose your money its safe and if you do win your not taxed on it.

As I have stated before the return on my ISA is .75% the return on my P bonds is 1.4% and both tax free.
Reply With Quote
summer's Avatar
summer
Senior Member
summer is offline
yorkshire
Joined: May 2014
Posts: 3,608
summer is female  summer has posted at least 25 times and has been a member for 3 months or more 
 
05-05-2018, 08:03 AM
332

Re: Premium Bonds

I bought 5k of them I expect that won't win me anything. Thing is now if I bought more it would be a different batch of numbers maybe I should cash in the 5k and buy a larger amount to ensure a consecutive run of numbers? I know I over think things
Reply With Quote
tarantula's Avatar
tarantula
Chatterbox
tarantula is online now
UK
Joined: Feb 2016
Posts: 6,340
tarantula is female  tarantula has posted at least 25 times and has been a member for 3 months or more 
 
05-05-2018, 11:34 AM
333

Re: Premium Bonds

As I have said before we are doing so much better on the premium bonds than on our savings accounts, I think there was only one month last year when they didn't come up. I just wish they would increase maximum amount of money you can put in the bonds, £100,000 would be useful.
Reply With Quote
galty's Avatar
galty
Senior Member
galty is online now
rainham essex
Joined: Aug 2009
Posts: 3,721
galty is male  galty has posted at least 25 times and has been a member for 3 months or more 
 
06-05-2018, 07:16 PM
334

Re: Premium Bonds

Originally Posted by summer ->
I bought 5k of them I expect that won't win me anything. Thing is now if I bought more it would be a different batch of numbers maybe I should cash in the 5k and buy a larger amount to ensure a consecutive run of numbers? I know I over think things
As some on else posted the odds of winning are about 31k
It makes no difference if you only hold one bond than if you hold 5k of bonds.

So odds of 31k in winning on a £1 bond(No amount on the win)

Each single £1 bond has a 31k chance of winning.

Having a much bigger block will not win you any more than having 20k of bonds brought over twenty years with hundred off numbers.

Think at the moment its the best and safest way to invest for a short investment.

If you need your money out and into your bank account its there in a day.
Reply With Quote
Mags's Avatar
Mags
Supervisor
Mags is offline
South West UK
Joined: Aug 2009
Posts: 35,212
Mags is female  Mags has posted at least 25 times and has been a member for 3 months or more 
 
06-05-2018, 07:38 PM
335

Re: Premium Bonds

This month some lucky person won £100,000 with a £10 Premium Bond. Their total Bond holding was only £20 altogether

No, it wasn't me!
Reply With Quote
galty's Avatar
galty
Senior Member
galty is online now
rainham essex
Joined: Aug 2009
Posts: 3,721
galty is male  galty has posted at least 25 times and has been a member for 3 months or more 
 
06-05-2018, 07:56 PM
336

Re: Premium Bonds

Originally Posted by Mags ->
This month some lucky person won £100,000 with a £10 Premium Bond. Their total Bond holding was only £20 altogether

No, it wasn't me!
thought it was me.

A £20 bond

Right amount holding.

said 21K holding

Right area.

Have a load of small amounts brought back in the eighties.

Got up on May the second just after midnight.

And guess what it was not me...but maybe next month.
Reply With Quote
Mags's Avatar
Mags
Supervisor
Mags is offline
South West UK
Joined: Aug 2009
Posts: 35,212
Mags is female  Mags has posted at least 25 times and has been a member for 3 months or more 
 
06-05-2018, 10:57 PM
337

Re: Premium Bonds

Originally Posted by galty ->
thought it was me.

A £20 bond

Right amount holding.

said 21K holding

Right area.

Have a load of small amounts brought back in the eighties.

Got up on May the second just after midnight.

And guess what it was not me...but maybe next month.
Better luck next time Galty
Reply With Quote
summer's Avatar
summer
Senior Member
summer is offline
yorkshire
Joined: May 2014
Posts: 3,608
summer is female  summer has posted at least 25 times and has been a member for 3 months or more 
 
07-05-2018, 07:05 AM
338

Re: Premium Bonds

Originally Posted by galty ->
As some on else posted the odds of winning are about 31k
It makes no difference if you only hold one bond than if you hold 5k of bonds.

So odds of 31k in winning on a £1 bond(No amount on the win)

Each single £1 bond has a 31k chance of winning.

Having a much bigger block will not win you any more than having 20k of bonds brought over twenty years with hundred off numbers.

Think at the moment its the best and safest way to invest for a short investment.

If you need your money out and into your bank account its there in a day.
Thanks for taking time to respond Galty, I will leave it at 5k for the moment.
Reply With Quote
Moscow
Senior Member
Moscow is offline
Scotland
Joined: Aug 2017
Posts: 638
Moscow is male  Moscow has posted at least 25 times and has been a member for 3 months or more 
 
08-05-2018, 10:34 PM
339

Re: Premium Bonds

Originally Posted by summer ->
You people who win so much do you have the maximum amount invested? if so is it all in one lump of consecutive numbers? Is that the answer to have a big run of consecutive numbers?

I'm the same as Galty with just under £21K in premium bonds and have won £150 so far this year. If I win another £130 0r so I'll have outperformed my ISA.

I've got a few thousand£ cash in an ISA and have often been tempted to put it in to Prem Bonds.

With an ISA you can only earn the interest on offer.

With prem bonds you can earn nothing or £1million or any amount in between........ and above ....in theory up to £12 million p.a !!!!!

That makes the investment a bit more exciting
Reply With Quote
summer's Avatar
summer
Senior Member
summer is offline
yorkshire
Joined: May 2014
Posts: 3,608
summer is female  summer has posted at least 25 times and has been a member for 3 months or more 
 
09-05-2018, 05:50 AM
340

Re: Premium Bonds

Originally Posted by Moscow ->
I'm the same as Galty with just under £21K in premium bonds and have won £150 so far this year. If I win another £130 0r so I'll have outperformed my ISA.

I've got a few thousand£ cash in an ISA and have often been tempted to put it in to Prem Bonds.

With an ISA you can only earn the interest on offer.

With prem bonds you can earn nothing or £1million or any amount in between........ and above ....in theory up to £12 million p.a !!!!!

That makes the investment a bit more exciting
Imagine winning the big one Moscow I suppose that's half the fun too daydreaming on how to spend it...if only
Reply With Quote
Reply
Page 34 of 34 « First < 24 32 33 34

Thread Tools


© Copyright 2009, Over50sForum   Contact Us | Over 50s Forum! | Archive | Privacy Statement | Terms of Use | Top

Powered by vBulletin Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.