Premium Bonds - Not a bean for months now!!!!
Discussion
I read an article last week on MSN Money, someone has done the maths and the odds of winning the lottery are considerably higher than winning the premium bonds.
With the recent changes to both the lottery and the premium bond draws, the net result was that you could take your money out of the premium bonds, invest in the highest interest account you can find, then use the interest to bet on the lottery each week. You'll still have your capital, and your odds of winning will be higher.
Food for thought.
With the recent changes to both the lottery and the premium bond draws, the net result was that you could take your money out of the premium bonds, invest in the highest interest account you can find, then use the interest to bet on the lottery each week. You'll still have your capital, and your odds of winning will be higher.
Food for thought.
okgo said:
Keep up at the back. It's been mentioned every 5 pages since the inception of his thread
Doh!! I've never spotted it in all the months of skimming this thread. Thought I was being all kinds of helpful. Lesson to self: Your news is never new news, its old news. Don't try to be clever...
OK, I saw this on Yahoo Finance today and thought it might be of interest. Essentially Martin Lewis explains why the stock market is likely to give much better returns than premium bonds,
https://uk.finance.yahoo.com/news/martin-lewis-bea...
https://uk.finance.yahoo.com/news/martin-lewis-bea...
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