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Premium Bonds
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- Lemon Slice
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Re: Premium Bonds
Wow! Results avaialble on NS&I wesbite on day after draw - usually seems to take 2 or 3 full days.
1 x £25 for me but 5 x £25 for Mrs Laughton, both on full holdings. Trouble is we're not allowed to go anywhere to spend it.
1 x £25 for me but 5 x £25 for Mrs Laughton, both on full holdings. Trouble is we're not allowed to go anywhere to spend it.
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- Lemon Slice
- Posts: 655
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Re: Premium Bonds
4 x £25 on £30,000 for me
1 x £25 on £50,000 for Mrs
2 x £25 on £15,000 for son
1 x £25 on £15,000 for daughter
A better month for this household
1 x £25 on £50,000 for Mrs
2 x £25 on £15,000 for son
1 x £25 on £15,000 for daughter
A better month for this household
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- Lemon Half
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- Lemon Slice
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Re: Premium Bonds
Just for the hell of it, I did a quick back-of-fag-packet for the last 4 complete calendar years on 4 family holdings (total £180k)
(2016 was skewed by one lucky family member getting £1000 twice in one year)
Looks like 1% (or less) is the norm. Ho-hum
(2016 was skewed by one lucky family member getting £1000 twice in one year)
Looks like 1% (or less) is the norm. Ho-hum
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- Lemon Quarter
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Re: Premium Bonds
yorkshirelad1 wrote:Just for the hell of it, I did a quick back-of-fag-packet for the last 4 complete calendar years on 4 family holdings (total £180k)
(2016 was skewed by one lucky family member getting £1000 twice in one year)
Looks like 1% (or less) is the norm. Ho-hum
Isn't the norm 1.4%, though with outliers down to £0 and up to £1M depending on your luck and timescale
--kiloran
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- Lemon Half
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Re: Premium Bonds
year RoY
2019 1.98%
2018 2.02%
2017 1.43%
2016 0.83%
2015 1.68%
2014 1.28%
Starting value @1 Jan 2014 c £11,760
End of 2019 c £12,890
3 x£25 2020 year to date
2019 1.98%
2018 2.02%
2017 1.43%
2016 0.83%
2015 1.68%
2014 1.28%
Starting value @1 Jan 2014 c £11,760
End of 2019 c £12,890
3 x£25 2020 year to date
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- Lemon Half
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Re: Premium Bonds
kiloran wrote:Isn't the norm 1.4%, though with outliers down to £0 and up to £1M depending on your luck and timescale
The prize rate is 1.4%. Ignoring outliers like the £1M prizes, the expected return is something like 1.25% for a full holding.
Scott.
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- Lemon Half
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- Lemon Quarter
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Re: Premium Bonds
No! (It seems I have to write at least 5 characters to post, which I now have done. )
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- The full Lemon
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Re: Premium Bonds
kiloran wrote:yorkshirelad1 wrote:Looks like 1% (or less) is the norm. Ho-hum
Isn't the norm 1.4%, though with outliers down to £0 and up to £1M depending on your luck and timescale
Not if 1.4% is the interest earned on the Bond Fund - it sounds like that is the figure currently reported in newspapers etc. as the "interest" you will earn on Premium Bonds. It isn't (leaving aside the terminology!) as you can expect to receive less than this reported Bond Fund rate. The exact rate you can expect in a year depends on how many bonds you have. This is an effect of the bond returns to holders being quantized via the prize system.
Last edited by XFool on May 5th, 2020, 4:14 pm, edited 1 time in total.
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- Lemon Quarter
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Re: Premium Bonds
XFool wrote:kiloran wrote:yorkshirelad1 wrote:Looks like 1% (or less) is the norm. Ho-hum
Isn't the norm 1.4%, though with outliers down to £0 and up to £1M depending on your luck and timescale
Not if 1.4% is the interest earned on the Bond Fund - it sounds like that is the figure currently reported in newspapers etc. as the "interest" you will earn on Premium Bonds. It isn't (leaving aside the terminology!) as you can expect to receive less than this reported Bond Fund rate. The exact rate you can expect in a year itself depends on how many bonds you have. This is an effect of the bond returns to holders being quantized via the prize system.
Yes, I agree. I wasn't trying to suggest that everyone should get the 1.4% (or whatever) each year. It's a game of chance, and I imagine the 1.4% for an individual would only apply as an average over an infinite period of time.
--kiloran
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- The full Lemon
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Re: Premium Bonds
kiloran wrote:Yes, I agree. I wasn't trying to suggest that everyone should get the 1.4% (or whatever) each year. It's a game of chance, and I imagine the 1.4% for an individual would only apply as an average over an infinite period of time.
--kiloran
Yes agreed. Or at least long enough for a holder to win ALL available prizes! Or, in other words, realistically impossible. Unless by blind chance you do hit 1.4% in a year. But I always like to compare against a 'realistic' expected return, based on holding, rather than this frequently quoted headline rate.
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- The full Lemon
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Re: Premium Bonds
Not a bad return!
Not a bad coronavirus punt: Saver grabs a 7,000% return after scooping £1m Premium Bonds jackpot from a February 2020 investment
This is Money
Not a bad coronavirus punt: Saver grabs a 7,000% return after scooping £1m Premium Bonds jackpot from a February 2020 investment
This is Money
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- Lemon Half
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Re: Premium Bonds
XFool wrote:Not a bad return!
Not a bad coronavirus punt: Saver grabs a 7,000% return after scooping £1m Premium Bonds jackpot from a February 2020 investment
This is Money
I note from that article "... Bonds earning an average prize fund rate of 1.4 per cent annually. That blows all other easy-access savings account rates out of the water if you're feeling lucky".
I take issue with that. I'm "feeling lucky", but it rarely results in mega returns
Scott.
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- Lemon Quarter
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- Lemon Half
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- Lemon Half
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Re: Premium Bonds
Bouleversee wrote:3 x £25 this month on max. holding.
Is this your year?
Zero for June 2020.
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- Lemon Quarter
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Re: Premium Bonds
PinkDalek wrote:Bouleversee wrote:3 x £25 this month on max. holding.
Is this your year?
Zero for June 2020.
I'll let you know at the end of it.
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