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

[FocusRS3]

TheLordJohn said:

Running at half inflation...?
Haven't LCF got a savings account paying 8%?

• Edit* - https://www.londoncapitalandfinance.co.uk/v8?utm_s...

Edited by TheLordJohn on Tuesday 5th December 15:47

No mention of being backed by the FCA though

[Doofus]

FocusRS3 said:

TheLordJohn said:

Running at half inflation...?
Haven't LCF got a savings account paying 8%?

• Edit* - https://www.londoncapitalandfinance.co.uk/v8?utm_s...

Edited by TheLordJohn on Tuesday 5th December 15:47

No mention of being backed by the FCA though

Although it does point out that you could lose the lot if their loans turn bad.

[TheLordJohn]

Doofus said:

Although it does point out that you could lose the lot if their loans turn bad.

Could. Indeed.

[Doofus]

TheLordJohn said:

Doofus said:

Although it does point out that you could lose the lot if their loans turn bad.

Could. Indeed.

Yes, but I think the risk/reward difference is valid. PBs pay very little, but are low risk. That bond pays well and isn't low risk. Both are valid, but not really comparable.

[okgo]

Isn't PB zero risk?

[Legacywr]

FocusRS3 said:

£125 this month on 100k invested.

£175 last month.

Have been invested for two months am keeping a running tab!

Is that between 2 of you?

[okgo]

Legacywr said:

Is that between 2 of you?

Yes, the limit is 50k per person.

[FocusRS3]

Legacywr said:

Is that between 2 of you?

Yes me and the missus 50k each .

[Sheepshanks]

£50 for me on £30K. On the same amount missus has had nothing for two months now.

[TwigtheWonderkid]

£150 on £50K. First month. Not a bad start.

[TheLordJohn]

Has anyone received the email circular from NS and I WRT growth bonds and other products they have?
Couple of you might be interested and they're guaranteeing 2/3% on some.

That seems to be an acceptable return around here, so thought I'd point them out.

Edited by TheLordJohn on Wednesday 6th December 16:45

[FocusRS3]

TheLordJohn said:

Has anyone received the email circular from NS and I WRT growth bonds and other products they have.
Couple of you might be interested and they're guaranteeing 2/3% on some.

That seems to be an acceptable return around here, so thought I'd point them out.

Hadn't seen that will check online tks

[227bhp]

Just got it today, how it effects PBs:

NS&I account Previous prize fund rate New prize fund rate Previous odds of winning New odds of winning
Premium Bonds 1.15% 1.40% 30,000 to 1 24,500 to 1

[rufusgti]

Great start to the year 2x£25 on 20k

Not the life changer I was bracing for. Better get to work.

[LordHaveMurci]

Stuck £250 in nearly 10yrs ago just to wind a mate up, had one £25 prize in that time so have cashed in this week.

[stevensdrs]

3 x £25 for January on 50K. All from the last batch I purchased when they upped the limit.

[227bhp]

3 x £25 here too

[Zoon]

TwigtheWonderkid said:

£150 on £50K. First month. Not a bad start.

Bad news is you'd have made £1500 in two months if you'd stuck it in Lindsell Train Global Equity plus a nice dividend at the end of this month.

[rufusgti]

Zoon said:

TwigtheWonderkid said:

£150 on £50K. First month. Not a bad start.

Bad news is you'd have made £1500 in two months if you'd stuck it in Lindsell Train Global Equity plus a nice dividend at the end of this month.

I'm no finance guru but that's not a fair comparison. He could easily have lost double that. Plus you don't make anything until you cash out.
But I'm sure he appreciates the advice.

[okgo]

Zoon said:

Bad news is you'd have made £1500 in two months if you'd stuck it in Lindsell Train Global Equity plus a nice dividend at the end of this month.

He'd have made £50k in 2 seconds had he bet on black and won on the roulette table.