Premium Bonds - Not a bean for months now!!!!
Discussion
Spidersleg said:
£150 on my £50k
Mrs £0 on £26k
Boy £25 on £25k
My £50k constantly out performs Mrs and boy combined, even though theirs combined is £51k
premium bonds were on martin lewis show recently with him saying more you put in better chances winning, seems to be true from postsMrs £0 on £26k
Boy £25 on £25k
My £50k constantly out performs Mrs and boy combined, even though theirs combined is £51k
I have only put in £500 so unsurprisingly no winners lol
Nothing for me on 8k so I've withdrawn the lot and it's going into the mortgage next week. I was going to buy 50ks worth of bonds in a couple of weeks but I don't think I'll bother now and I'll put it in ford money's one year bond and get 825 quid in guaranteed interest instead.
Pbs are useful however if you have a lot of cash to squirrel away as the winnings are tax free etc but I hear of so many people not winning these days that I don't think I'll be bothering with them again unless I've built up a lot of savings and investments elsewhere.
Pbs are useful however if you have a lot of cash to squirrel away as the winnings are tax free etc but I hear of so many people not winning these days that I don't think I'll be bothering with them again unless I've built up a lot of savings and investments elsewhere.
sh1ggsy said:
My Premium Bond results with 50k invested are:
2019 : £475
2018 : £825
2017 : £550
2016 : £525
So you probably wont match £825, but you might, or you might exceed it by a long way. For the sake of a couple of hundred pounds of interest, to me its worth a gamble.
If I have crunched the numbers correctly, in percentage terms that works out at:2019 : £475
2018 : £825
2017 : £550
2016 : £525
So you probably wont match £825, but you might, or you might exceed it by a long way. For the sake of a couple of hundred pounds of interest, to me its worth a gamble.
2019: 0.95%
2018: 1.65%
2017: 1.10%
2016: 1.05%
Not a great return really.
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