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Old 03-01-2011, 11:19 AM   #1
Altwebdesign
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UK People: Anyone have any premium bonds?

If so, would you reccomend them?

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Old 03-01-2011, 11:28 AM   #2
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i do

and i won

they are better than the lottery as you can get your cash back any time you want.
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Old 03-01-2011, 11:39 AM   #3
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tell me more, how much did you pay and how much did you win ?
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Old 03-01-2011, 12:07 PM   #4
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Try hitting Rainbow Riches slot machines - im making easy £250 profit

preimum bonds are crap, stay away.
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Old 03-01-2011, 12:09 PM   #5
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tell me more, how much did you pay and how much did you win ?
I paid £50 and won £50.

i got them as my mum died and she had won £50 (i think).

but you cannot pass on your bonds if you die, you have to get the cash back. if you remeber terry and june they won some cash with a deads relatives bonds but found that out.

but its just a bit of fun.

think is, if you put in £5000 today, you can get your £5000 whenever you want. you just do not get interest like in a bank.

but that said if you have £10000 in the bank your not going to make much interest anyway these days. in fact i bet legally your money is safer as bonds than in a bank.
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Old 03-01-2011, 12:18 PM   #6
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You'd have more fun at the dogs.
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Old 03-01-2011, 12:20 PM   #7
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good stuff, might get myself some
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Old 03-01-2011, 12:42 PM   #8
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With other UK government bonds paying so little, you're basically taking a punt with the interest. I won a grand when I was about 10. My dad kept it till I was 18 though.
I was ready to hit that sweetshop hard the day I won.
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Old 03-01-2011, 01:16 PM   #9
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I had one, given to me as a present when i was born. I lost it about 8 years back - never won anything.
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Old 03-01-2011, 01:34 PM   #10
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I had one, given to me as a present when i was born. I lost it about 8 years back - never won anything.
it does not matter, as long as the person who bought it is still alive and not moved.

if you contact them they will update the info.

if you win they contact you.

you do need to watch terry and june more. you lean about this from that show.
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Old 03-01-2011, 01:42 PM   #11
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it does not matter, as long as the person who bought it is still alive and not moved.

if you contact them they will update the info.

if you win they contact you.

you do need to watch terry and june more. you lean about this from that show.
Whats terry and june? is it that old show that was a bit saucy ? im only 24 you know!!
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Old 03-01-2011, 01:52 PM   #12
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Whats terry and june? is it that old show that was a bit saucy ? im only 24 you know!!
best show ever

Terry And June

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Old 03-01-2011, 02:03 PM   #13
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Old 03-01-2011, 03:24 PM   #14
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Had 30k in premium bonds for about 4 years, best i won was about £150.
They're not bad for small lumps, there's better places to invest though.
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Old 03-01-2011, 04:03 PM   #15
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I've got them too. Has worked out at around 3% return per year.
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Old 03-01-2011, 06:06 PM   #16
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Had 30k in premium bonds for about 4 years, best i won was about £150.
They're not bad for small lumps, there's better places to invest though.
What would you advise?
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Old 03-02-2011, 07:57 AM   #17
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I've got them too. Has worked out at around 3% return per year.
It's better than nothing i guess. ..
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Old 03-02-2011, 08:01 AM   #18
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What would you advise?
Theres no right or wrong answer with investments, but whatever you do, never buy an investment product with the bank. Go and see an IFA or something. Banks products are poorly performing compared to the market, and the tied agents are only trying to flog you products to boost their sales targets. Bank investments generally have lofty charges attached to them too
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Old 03-02-2011, 08:10 AM   #19
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damn it... i thought the subject said premium blondes!
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Old 03-02-2011, 08:12 AM   #20
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Its pretty well documented now that they are a waste of time. The return on them is tiny.
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Old 03-02-2011, 08:41 AM   #21
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damn that sucks!!
I was going to get into the stock market but thats a rissskkkyy game!
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Old 03-02-2011, 10:08 AM   #22
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It's better than nothing i guess. ..
3% tax free isn't that bad at all.

Of course it's never guaranteed
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Old 03-02-2011, 10:28 AM   #23
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seems like a pointless gimmick, if it's going to pay 3% per year, why have some convoluted lottery system to pay it out?
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Old 03-03-2011, 03:38 AM   #24
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Had 30k in premium bonds for about 4 years, best i won was about £150.
They're not bad for small lumps, there's better places to invest though.
30k decreasing in value every year due to inflation.

If your money isn't making more than inflation, you are losing it.
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Old 03-03-2011, 05:42 AM   #25
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Bump for ugly designs
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Old 03-03-2011, 06:46 AM   #26
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3% tax free isn't that bad at all.

Of course it's never guaranteed
too true, ill look into some options!
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