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Former Member01/04/2020 13:49:48
1329 forum posts

[This posting has been removed]

Oldiron01/04/2020 14:46:20
1193 forum posts
59 photos

I do not think my numbers are in the database. Never won a penny in all the years I have owned them.

regards

Howard Lewis01/04/2020 14:51:08
7227 forum posts
21 photos

In MANY years have had only one £25 win, so reckon that he has lost his way!

Howard

Ady101/04/2020 15:29:02
avatar
6137 forum posts
893 photos

Got SERIOUS doubts about these things

I've not won a bean in 50 years from the premium bond "random government computer"

But I can win a jury duty spot every 12 months from the "random government computer"

Bo'sun01/04/2020 15:44:28
754 forum posts
2 photos

Unless your just pure lucky, the amount you have invested must have some effect. PB's might not be a good financial investment (unless you're lucky), but at least you don't have to keep buying a ticket like the lottery.

Clive Brown 101/04/2020 15:44:46
1050 forum posts
56 photos

Look at it this way:-

Statistically, if the last Roman Legionnaire to leave Britain had bought 1 bond just before his departure, then he would have won a prize just about now.

It might have been £1M, ( but more likely £25).

Edited By Clive Brown 1 on 01/04/2020 15:45:20

John MC01/04/2020 15:59:56
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464 forum posts
72 photos

A long time ago someone at work set up a premium bond syndicate rather than with the more common football pools. The advantage(?) being that we would always have our stake money, accepting inflation would reduce its worth. Still an advantage over the lotteries.

When it was time to disband came we were pleasantly surprised with what we had accumulated. We won £25 now and again, hardly seemed worth it at the time.

On disbandment I kept my share as bonds and added to it regularly to the point where I had to start buying in my partners name. The frequency of wins was such that the return averaged out at ~8% over a 25 year period. The return reduced significantly during the last recession but has recovered somewhat, the last few years has seen an ~2.5% return. Not going to complain about that.

I suppose I really should have looked for better investments, not to sure of the risks.

John

Mike Poole01/04/2020 16:25:31
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3676 forum posts
82 photos
Posted by Ady1 on 01/04/2020 15:29:02:

Got SERIOUS doubts about these things

I've not won a bean in 50 years from the premium bond "random government computer"

But I can win a jury duty spot every 12 months from the "random government computer"

I was called for jury service when I was about 21 and never since, I was working permanent nights so had already had the full shift off when they decided I was not required, come back tomorrow so another shift off, still not required and so on, the expenses fell far short of working night shift in a car factory in those days. I have no objection to the duty of jury service but costing me money for the privilege is annoying especially as I never got to actually serve.

Mike

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