Cheers ERNIE
07 April 2007, 08:11 PM
#1
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Cheers ERNIE
Thanks for the £500 Cheque this morning ..... and for the 2off £50 Cheques which will hit my mat on the 15th 
Currently running at a 8% Return on my invested money - PLEASE select my number for the £1 Million next month - cheers
Currently running at a 8% Return on my invested money - PLEASE select my number for the £1 Million next month - cheers
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07 April 2007, 10:07 PM
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Just out of interest. how many Premium Bonds have you got and how long have you had them?
I purchased £5000 worth in October 2006. I read online that they reckon an average person with average luck will make in a year enough to cover any interest that may have been made if the money was put into a high interest account. That certainly ties in with your 8% return to date.
Craig.
07 April 2007, 10:10 PM
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07 April 2007, 10:18 PM
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Pete,
Just out of interest. how many Premium Bonds have you got and how long have you had them?
I purchased £5000 worth in October 2006. I read online that they reckon an average person with average luck will make in a year enough to cover any interest that may have been made if the money was put into a high interest account. That certainly ties in with your 8% return to date.
Craig.
Just out of interest. how many Premium Bonds have you got and how long have you had them?
I purchased £5000 worth in October 2006. I read online that they reckon an average person with average luck will make in a year enough to cover any interest that may have been made if the money was put into a high interest account. That certainly ties in with your 8% return to date.
Craig.
The odds of winning a prize, any prize, is 24,000 - 1 each month.
Therefore, obviously, given an average amount of luck you could expect to win at least £50 each and every month if you have £24,000 worth.
The interest rate paid on the Invested sums from all the people is paid in prizes and I think it is currently 3.5% ...... which isn't a good return as you can get 5% anywhere.
But, if you get lucky, as I have this month with a £500 win + 2 x £50s to come in mid month.
Premium Bonds only really make sense if you hold the maximum £30,000 worth - you can put £30,000 in the wifes name and another £30,000 in each childs name .......... increasing your odds of winning the BIG one
Edited to say that I have had a Bond since they very first started ..... 50 years ago and it hasn't won ANYTHING!! It was £1 then, in 1957, and it's still just worth £1 now
But a house could be bought for £325 - a 3 bedroom Semi in Norton, near Middlesbrough 
Last edited by pslewis; 07 April 2007 at 10:26 PM.
07 April 2007, 11:46 PM
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08 April 2007, 04:13 PM
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08 April 2007, 08:12 PM
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Last edited by CRAIGFIN; 08 April 2007 at 08:18 PM. Reason: Added a second link
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