Does anyone have any luck with premium bonds ???
Absolutely, I do - all of it bad. Also, all the oil exploration wells I have drilled have been dry, my 1-old penny shares have slumped, and the island
I used as my offshore bank for tax payers sank.
It's not all bad, though. I'm not a Moan U supporter. ;-)
[bad img]http://www.katzy.dsl.pipex.com/Smileys/giggle.gif[/bad img]
[bad img]http://www.katzy.dsl.pipex.com/Smileys/matchstick/innocent.gif[/bad img]
Since we ploughed a bit of my redundancy money into them - around £10,000, we have had regular wins. But not enough to match the interest we get on the rest of the money which is a 5% 4 year bond. I reckon we get about £100 - £150 a year.
As an aside John, do they count as "savings" if you're "unemployed"?
I received an email recently that is only relevant in some places, but a good illustration of the share market.
Gosh. I'd be too scared to do that I think.
You get used to it.
I've bought £100 premium bonds about 20 years ago, and only won £10 once...
You've done well for a mere £100. I had seven bonds since my 7th Birthday and none of those have ever won. Only the news ones have done any good.