Premium Bonds - Not a bean for months now!!!!

[DSLiverpool]

Me 5 * £25
FiL nowt
missus nowt

I think my missus has spent it on coke and hookers as she never wins

[Oakey]

Nothing, nothing in 8 months with £2.5k in. Rubbish!

I seem to be locked out of my account as well so I should probably sort that out and make sure someone hasn't emptied it!

[Squiggs]

We 'invested' in some more recently - so on this months draw both me and the Mrs went from £10k to £25k of holdings each.
This month:
Mrs = Zero
Me = 3 x £25

We're now on a total of £175 winnings in three months.

[Justin Cyder]

25 wing wangs off £30k.

[Oakey]

Justin Cyder said:

25 wing wangs off £30k.

Congrats, what do you plan to spend it on? Surely retirement is on the cards now?

[Pork]

For the first time in a couple of month, I've got 2 x £25.

Used to do a lot, lot better on these...think an alternative needs finding.

[Grumfutock]

me 2 x £25
mrs 2 x £25

both with max.

[Supernova190188]

Nothing last month , nothing this month , with £29k! , Definitely going to win something next month!

[S5PJV]

4th month in:
£30k = 0
£30k = £25

Total over 4 months:

£30k = £100
£30k = £150

[Ozzie Osmond]

I hope you guys with big cash in Premium Bonds have other investments as well.

Over the past 5 years anyone in an Equity Income fund has made an absolute packet.

https://uk.finance.yahoo.com/echarts?s=%5EFTSE#sym...
Graph showing 5 yrs FTSE 100 for illustrative purposes only.

[Squiggs]

Ozzie Osmond said:

I hope you guys with big cash in Premium Bonds have other investments as well.

In short no.

My/our 'windfall' investment in PB will be relatively short term (say 12 months) before it all gets withdrawn as it's all been ear-marked for home improvement projects.
Our thinking is that investing it anywhere else we could only expect a very small return - at least with some bonds there is an outside chance that we might make a few quid ..... and so far we're not exactly disappointed.

[DSLiverpool]

Ozzie Osmond said:

I hope you guys with big cash in Premium Bonds have other investments as well.

Over the past 5 years anyone in an Equity Income fund has made an absolute packet.

https://uk.finance.yahoo.com/echarts?s=%5EFTSE#sym...
Graph showing 5 yrs FTSE 100 for illustrative purposes only.

Ah hindsight - a wonderful thing.

[Ozzie Osmond]

DSLiverpool said:

Ah hindsight - a wonderful thing.

....unless you invested at the beginning.

Anyone who has invested steadily into shares/funds through the last 10 years will be sitting on big returns. The probability is that anyone who's been in cash will only be breaking even, once you adjust for inflation.

Sometimes trying to avoid risk can be a very high risk strategy.

[DSLiverpool]

A simple tracker from 2008 would have been highly lucrative but at the time very brave. He who dares!

[liller]

nothing again..I assume the draw has been done already this month?

[sooperscoop]

I had some money sat around earning bugger all, so just cranked my investment up to 40k. We'll see how that works out....

[226bhp]

Nowt here this month, but that's unusual.

Things are changing from the August draw onwards: 2 x £1m prize winners and £40k max investment.

[Ozzie Osmond]

sooperscoop said:

I had some money sat around earning bugger all, so just cranked my investment up to 40k. We'll see how that works out....

Let me guess,

• You won't win the big prizes, which take half the money. Or at least, you're more likely to die horribly in an accident.
• You'll earn an overall return of about 0.6% tax free.
• Inflation will continue to run at, say, 1.6% p.a.
• Overall you'll lose value at 1% p.a.

But who knows....

[Grumfutock]

Ozzie Osmond said:

sooperscoop said:

I had some money sat around earning bugger all, so just cranked my investment up to 40k. We'll see how that works out....

Let me guess,

• You won't win the big prizes, which take half the money. Or at least, you're more likely to die horribly in an accident.
• You'll earn an overall return of about 0.6% tax free.
• Inflation will continue to run at, say, 1.6% p.a.
• Overall you'll lose value at 1% p.a.

But who knows....

Well apparently not you

I have 30k in and in the last 6 months I have won £300 (all made up of £25 wins) so over a year that is 2% return, beating banks and inflation.

Yeah me.

[14-7]

Had £8k's worth and haven't had anything for about 18 months. I've now reduced this to £3k and invested elsewhere.