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04-05-2019, 04:56 PM
501

Re: Premium Bonds

Originally Posted by Omah ->
4 surprising facts about Premium Bonds

https://home.bt.com/lifestyle/money/...11364225782385

Last updated: 17 September 2018 - 5.54pm



Very informative post.

The interest rate paid now is 1.4%

If I had not cashed my ISA in last year I would be getting 0.8% on it
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Lindyloo
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isle of wight
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04-05-2019, 05:57 PM
502

Re: Premium Bonds

I've won again this month (£500 last month) but l'm away on holiday and can't remember my holders number to.log in and see how much love won.....very irritating!
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04-05-2019, 06:10 PM
503

Re: Premium Bonds

Here's a humourous slant from 2014:

https://www.thisismoney.co.uk/money/...rs-record.html

Your chances of winning any prize are currently 26,000 to 1.

In other words, if you had one bond that was entered into every monthly draw you might expect to get one prize every 2,166 years.

The maximum amount that can be held rose to £40,000 on June 1.

If you held this amount, you should get about 17 prizes a year — but you might not get any or you could get more. Not surprisingly, most prizes are won by those who hold the most bonds — in fact, those holding the then-maximum £30,000 in December 2013 took almost two of every five prizes.

Currently, the odds of any one bond getting the £1 million prize are 47 billion to one.

Put another way, if Premium Bonds had been launched when the earth was a mere 600,000 years old, you could have sat and watched the first simple-celled life develop, dozed through the development of multi-celled organisms, watched the first animals struggle on to land, marvelled at the dinosaurs, had a quick chat with Neanderthal man — and still be hoping for that big win.
Realist
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04-05-2019, 07:23 PM
504

Re: Premium Bonds

Originally Posted by realspeed ->
I= we keep adding to the amount
2= regularly withdraw and reinvest with new numbers
3 = time period depend on 2 so unable to answer total winnings or numbers now.

Needless to say we have done better than other means of saving for the same amount invested
If the numbers are so fluid and changeable then how can you be so sure that you've done better than other available options?

Originally Posted by realspeed ->
I will ask you the same questions back, being as inquisitive as you are. Are your savings getting the best interest
Yep. As explained in the other thread Muddy started, my money is earning a steady 5%+ over a 1yr period of investment.
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04-06-2019, 10:18 AM
505

Re: Premium Bonds

OMG nothing this month what a bummer
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04-06-2019, 12:23 PM
506

Re: Premium Bonds

3 x £25 .....
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05-06-2019, 09:08 AM
507

Re: Premium Bonds

Well done Mags !

Just a crummy £25 this month .

Owts better than nowt I supose.
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05-06-2019, 09:10 AM
508

Re: Premium Bonds

Originally Posted by Muddy ->
Well done Mags !

Just a crummy £25 this month .

Owts better than nowt I supose.
Thanks Muddy, that made up for missing out last month!
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06-06-2019, 07:01 AM
509

Re: Premium Bonds

Originally Posted by Mags ->
3 x £25 .....
When I saw your post I checked to so if I'd won anything - nothing.........zero.........zilch.

But.........just got an email.......... 3 x £25.

Better late than never!

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Mags
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06-06-2019, 09:55 AM
510

Re: Premium Bonds

Originally Posted by Lindyloo ->
When I saw your post I checked to so if I'd won anything - nothing.........zero.........zilch.

But.........just got an email.......... 3 x £25.

Better late than never!

Well done, Lindyloo!
 
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