€25k invested in prize bonds

XrayMike235 wrote: »

Winnings from todays draw: €0
Total winnings since October 2008 on €18K: €1250

Date of last win: Jan 4th (€50)

If you put your money in Kerry Group on the 22nd of October 2008 it would now be worth €46,800. :pac:

Fair enough so excluding Kerry which is a share I personally have interest in you could have put it in any of the following Irish and UK companies with a good return Elan 21558, Ryanair 52000, Glanbia 48000 and CRH 23079 Paddy Power 18500 Greencore 96371. All excluding dividends which in the majority of cases outperformed the Winnings quite comfortably in most cases. Anything except a bank share would have trived and even with a bank share in a portfolio of Blue chips from ISEQ and LSE you would have neeted a better return. Say you include Anglo AIB and BOI with the above companies with an even spread for each entity of €2,000 per company the 6k bank shares may be worth say €45 today you would still have had a return of 28,878 excluding dividends of probably in excess of €3,000 over the 4.5 years. Now these are random companies I could have included others like Kerry, Smurfit, Kingspan, Aviva etc that may have performed better/worse but I would have been here for ages(Not Eircom or Aer Lingus as everybody knows not to touch Semi States long term even though I'd say Aer Lingus did ok over the 5 years). Don't forget Prize Bonds aresn't exactly safe they are Irish government bonds after all

Agent Smyth wrote: »

But do any of those companies do a weekly draw

HA! Not sure about that one even with Paddy Power! I would keep in mind though that In deflationary times Bonds aren't too bad but in inflationary markets watch out as the economy will out grow your Bonds every time. My granddad had £200 worth of £1 prize bonds in his will purchased 1974 when he and my gran passed away we recieved approximately €254 cash for what in Present value would probably have been the equivilant of maybe €5,000(Free to be corrected here). We asked if we could get the bonds transfered to our name or valued at the current cost per bond but not a chance.

Hey it doesn't matter and its easy to talk if anyone finds that info useful great job if they don't and they want to partake in the free lottery thats your opportunity cost of the lotto maybe you'll come away with the 1/4 of a million and fair play but there's no harm in giving the other side of the argument also. Say what you will about shares but by the looks of Cyprus and this Hanging Anglo liquidation they look safer than bonds or savings at the minute!!! I wouldn't worry though as the bonds a little gold mine for the government so they will protect them at all costs I believe.

Winnings from todays draw: €0

Total winnings since Feb 2010 on €500: €150
Total winnings since Feb 2011 on €50: €0

€50 win, PB bought February 2005.

Winnings to date (no winning records kept pre 2005) €775 on €6,900 worth of PB's bought monthly over a 14 year period.