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Author: Subject: Premium Bonds
donut

posted on 16/6/05 at 05:12 PM Reply With Quote
Premium Bonds

Has anyone here got premium bonds and keeps winning? My son won 2x£50 last month and the other son has just won £50! They win at least once every other month and my mother in law seems to win about £200 a month!

Think i'll have to buy some!!





Andy

When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car.
http://www.flickr.com/photos/andywest1/

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theconrodkid

posted on 16/6/05 at 05:17 PM Reply With Quote
ive had £50 worth since i was a kid,once got £50 back,nowt since





who cares who wins
pass the pork pies

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Deckman001

posted on 16/6/05 at 05:19 PM Reply With Quote
Similar to Conrod here, I have a couple of them but only won a couple of years agao after a thirty year wait !!

Jason

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phelpsa

posted on 16/6/05 at 05:37 PM Reply With Quote
Donut if you keep going like that you'll be able to keep your air guitar






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Jonr

posted on 16/6/05 at 05:40 PM Reply With Quote
Both the kids have some, they win £50 every other month. They have a fair amount though. It's set up so that the winnings automatically buy more bonds. At the moment it works out MUCH better than a bank or building society.
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Surrey Dave

posted on 16/6/05 at 05:41 PM Reply With Quote
I had two £1 premium bonds bought for me when I was 16, never won a bl**din' thing, and that was several years ago!

[Edited on 16/6/05 by Surrey Dave]

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donut

posted on 16/6/05 at 06:25 PM Reply With Quote
Was that back in 1956 Dave?





Andy

When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car.
http://www.flickr.com/photos/andywest1/

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need4speed

posted on 16/6/05 at 06:50 PM Reply With Quote
Had some from when i was a kid to, only ever won £25 and never won anything on the lot I've had for about 20years. Could it be worth cashing them in and getting new ones!!!!.

Dave.

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DaveFJ

posted on 17/6/05 at 09:48 AM Reply With Quote
was bought some at birth - never seen a bloody thing from them ...

and that has been (ahem) a few years.....





Dave

"In Support of Help the Heroes" - Always

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David Jenkins

posted on 17/6/05 at 09:50 AM Reply With Quote
Well, due to recent public interest in P Bonds, they're soon going to have 2 top prizes per month of £1M each, plus more lower-order prizes.
(spotted in BBC News this morning)

DJ






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Jeffers_S13

posted on 17/6/05 at 11:59 AM Reply With Quote
I have some and recieved another £50 cheque yesterday , if only it had another 3 zeros on the end...without saying how many people own its hard to gauge whether people are doing 'well' out of them or not, Im prepared to lose whatever interest I could have gained in a savings account for the chance of one day winning a big prize. I hardly ever buy lottery tickets and have never bought a scratch card, I feel its like a benign way of gambling
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David Jenkins

posted on 17/6/05 at 12:09 PM Reply With Quote
Just had a look on the Nat Savings website - they reckon that the odds are 24000:1 to win ANY prize.
They don't say what the chances are for winning the jackpot.

David






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Jeffers_S13

posted on 17/6/05 at 12:33 PM Reply With Quote
yes but you dont just buy 1 bond you buy in thousands, and its every month and you keep your money, you just potentially lose what interest you would have gained in an account.

http://www.nationalsavings.co.uk/products/pb/index.jsp

[Edited on 17/6/05 by Jeffers_S13]

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donut

posted on 17/6/05 at 03:12 PM Reply With Quote
My wife is the director of finance at a London council and her pentions bloke recons that providing you have alot of monet to invest £10,000-£20,000 or so then there is no better investment than premium bonds.

Can someone lend me £20,000 pleeeeeeeeeeeeeeze





Andy

When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car.
http://www.flickr.com/photos/andywest1/

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David Jenkins

posted on 17/6/05 at 03:19 PM Reply With Quote
quote:
Originally posted by Jeffers_S13
yes but you dont just buy 1 bond you buy in thousands, and its every month and you keep your money, you just potentially lose what interest you would have gained in an account.



It's still better than the Lotto - at least the odds are better, and you get to keep your stake money!

David






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