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

[Parabola]

My 4 year old just won his first £25 (on about £975 invested)

Very happy.

[webstercivet]

Mr Whippy said:

vixen1700 said:

£50 on £100k.

It's rather depressing and really is a sign of the times of how knackered our economy is.

If you said to someone to take your £100k and do something with it and generate £50 after 1 month, you'd be seriously questioning what potential there is out there in the economy, or how incompetent the person you lent the money to is.

Not a good sign.

To make it a fair comparison with NS&I, the person you're lending to would have to 100% guarantee you'd get every penny back at any time you request it. But yes it's amazing how low interest rates are and for how long things have been this way.

[Mr Whippy]

webstercivet said:

Mr Whippy said:

vixen1700 said:

£50 on £100k.

It's rather depressing and really is a sign of the times of how knackered our economy is.

If you said to someone to take your £100k and do something with it and generate £50 after 1 month, you'd be seriously questioning what potential there is out there in the economy, or how incompetent the person you lent the money to is.

Not a good sign.

To make it a fair comparison with NS&I, the person you're lending to would have to 100% guarantee you'd get every penny back at any time you request it. But yes it's amazing how low interest rates are and for how long things have been this way.

Yes to make it fair.

But I was loosely suggesting I was giving £100k to the government of a large global economy.

If they can only muster £50 a month out of my £100,000 then we're well and truly screwed.

I bet I could go into a large town centre and find £50 in a day just looking for dropped coins.

[vixen1700]

Mr Whippy said:

webstercivet said:

Mr Whippy said:

vixen1700 said:

£50 on £100k.

It's rather depressing and really is a sign of the times of how knackered our economy is.

If you said to someone to take your £100k and do something with it and generate £50 after 1 month, you'd be seriously questioning what potential there is out there in the economy, or how incompetent the person you lent the money to is.

Not a good sign.

To make it a fair comparison with NS&I, the person you're lending to would have to 100% guarantee you'd get every penny back at any time you request it. But yes it's amazing how low interest rates are and for how long things have been this way.

Yes to make it fair.

But I was loosely suggesting I was giving £100k to the government of a large global economy.

If they can only muster £50 a month out of my £100,000 then we're well and truly screwed.

I bet I could go into a large town centre and find £50 in a day just looking for dropped coins.

To be fair I don't really see it as an investment, just somewhere to park that particular £100k that usually gives us a bit of 'a lottery checking' fun once a month, with that crazy possibilty that it could win big. Plus it's safe and that sum can be withdrawn any time.

But now you've got me thinking about how low the returns are, I may have to buy some houses up North to rent out.

[UmpaLoompa]

Mr Whippy said:

webstercivet said:

Mr Whippy said:

vixen1700 said:

£50 on £100k.

It's rather depressing and really is a sign of the times of how knackered our economy is.

If you said to someone to take your £100k and do something with it and generate £50 after 1 month, you'd be seriously questioning what potential there is out there in the economy, or how incompetent the person you lent the money to is.

Not a good sign.

To make it a fair comparison with NS&I, the person you're lending to would have to 100% guarantee you'd get every penny back at any time you request it. But yes it's amazing how low interest rates are and for how long things have been this way.

Yes to make it fair.

But I was loosely suggesting I was giving £100k to the government of a large global economy.

If they can only muster £50 a month out of my £100,000 then we're well and truly screwed.

I bet I could go into a large town centre and find £50 in a day just looking for dropped coins.

Why should the government pay more if they can still get willing investors at those rates, which are broadly aligned with the wider market?

[Milkbuttons]

Second draw for me and first win, Wahoo!

x1 £25 on £20k

[stichill99]

£25 on £50k. I could put it into bitcoin or tesla shares but I suspect both will be worth a lot less in1years time than my £50k in PB's. It does show how the saver's have been well and truly screwed over while the borrowers have had an amazing run of low interest rates for 13 years now. Will low interest rates go on for the next 13 years?

[Fl3tch]

Bucking the trend, but a good month for PBs here - £1,025 on £50k.

Have had a win for 11 months out of the last 12 so clearly I have borrowed some luck from you lot...

[forest172]

£25 on the families £112k, hehe what a rubbish month.

[dreamcracker]

Like buses here.

Nothing for 2 months, then 3x £25 this month on 50k.

[hodjie]

50k invested , £25 this year

[Mr Whippy]

UmpaLoompa said:

Mr Whippy said:

webstercivet said:

Mr Whippy said:

vixen1700 said:

£50 on £100k.

It's rather depressing and really is a sign of the times of how knackered our economy is.

If you said to someone to take your £100k and do something with it and generate £50 after 1 month, you'd be seriously questioning what potential there is out there in the economy, or how incompetent the person you lent the money to is.

Not a good sign.

To make it a fair comparison with NS&I, the person you're lending to would have to 100% guarantee you'd get every penny back at any time you request it. But yes it's amazing how low interest rates are and for how long things have been this way.

Yes to make it fair.

But I was loosely suggesting I was giving £100k to the government of a large global economy.

If they can only muster £50 a month out of my £100,000 then we're well and truly screwed.

I bet I could go into a large town centre and find £50 in a day just looking for dropped coins.

Why should the government pay more if they can still get willing investors at those rates, which are broadly aligned with the wider market?

They shouldn’t. It’s not the point. The point is the most capable borrower can make essentially nothing from your money.

That suggests the market is dead.

The only glimmer of hope is the enforced consumption/stimulus of build back better green thingy... but I bet the yields are lower
The reward here is being able to feel smug...

[nammynake]

£125 on £100k

[daos]

£25 on £10k, first prize in 3 months

[Supernova190188]

Nothing for the 6th month in a row on £17k

[Halmyre]

Halmyre said:

Third month in a row with zilch.

I tell a lie, just got the notification this morning, obviously takes time to get round to telling everyone. £25.

[Kwackersaki]

1 x £100 on £47K

[Thin White Duke]

3 X 25 on maximum holdings.

[emicen]

£25 win this month, £50 since I first bought some bonds.

At this period of investment, £42.59 would be on target for 1% return, so overall I’m slightly ahead.

[FunkyNige]

FunkyNige said:

Been building it up in my account from June and there was about £11k in there, yesterday was my first prize (£25), I may find somewhere else to put it...

Obviously NS&I read my post as another £25 this month on slightly less.