€25k invested in prize bonds

Cork Lass

Nothing for us this week

prizebondloser

Do you all keep the bonds in a safe?

Do you treat them like cash?

I think I’d almost rather not have the phsyical bonds although someone else can’t really cash them?

50 Euro last Friday. 3rd win this year.
On 100k

Taylor365

prizebondloser wrote: »

Do you all keep the bonds in a safe?

Do you treat them like cash?

I think I’d almost rather not have the phsyical bonds although someone else can’t really cash them?

Use them as wallpaper.

tuisginideach

sorry :(

Agent Smyth

:mad::mad::mad::mad::):mad::mad::mad::):mad::mad::mad::mad:
:mad::mad:

PB2018

Winnings on 12th April 2019: €0
Last win: 1st March 2019: €50
Weeks since last win: 6
€134k invested in prize bonds since July 2017
Win ratio: 11 wins in 93 weeks (12%)
2017 (Jul-Dec): 5 x €50 = €250
2018 (Jan-Dec): 4 x €50 = €200
2019 (Jan-date): 2 x €50 = €100

pbwinner

Winnings on 12th April 2019: €50
Last win 22nd February 2019: €50
Total winnings on €25k from Feb 2011 to date: €2850
2011: €75 x 4 €300
2012: €75 x 6 €450
2013: €50 x 12 €600
2014: €50 x 9 €450
2015: €50 x 5 €250
2016: €50 x 5 €250
2017: €50 x 4 €200
2018: €50 x 2 €100
2019: €50 x 5 €250

joeysoap

bubblypop wrote: »

50 Euro last Friday. 3rd win this year.
On 100k

Your doing much better than I am. I purchased €25k initially, increased it by increments to 100k by end of January. Not one win.

joeysoap

pbwinner wrote: »

Winnings on 12th April 2019: €50
Last win 22nd February 2019: €50
Total winnings on €25k from Feb 2011 to date: €2850
2011: €75 x 4 €300
2012: €75 x 6 €450
2013: €50 x 12 €600
2014: €50 x 9 €450
2015: €50 x 5 €250
2016: €50 x 5 €250
2017: €50 x 4 €200
2018: €50 x 2 €100
2019: €50 x 4 €250

That should be €50 x 5? A win this week?

ashes2014

pbwinner wrote: »

Winnings on 12th April 2019: €50
Last win 22nd February 2019: €50
Total winnings on €25k from Feb 2011 to date: €2850
2011: €75 x 4 €300
2012: €75 x 6 €450
2013: €50 x 12 €600
2014: €50 x 9 €450
2015: €50 x 5 €250
2016: €50 x 5 €250
2017: €50 x 4 €200
2018: €50 x 2 €100
2019: €50 x 4 €250

Congratulations-it seems to be working out for you.

John arse

joeysoap wrote: »

Your doing much better than I am. I purchased €25k initially, increased it by increments to 100k by end of January. Not one win.

Wow that's not good,I see people with a quarter of your funds winning four and five times???

John arse

pbwinner wrote: »

Winnings on 12th April 2019: €50
Last win 22nd February 2019: €50
Total winnings on €25k from Feb 2011 to date: €2850
2011: €75 x 4 €300
2012: €75 x 6 €450
2013: €50 x 12 €600
2014: €50 x 9 €450
2015: €50 x 5 €250
2016: €50 x 5 €250
2017: €50 x 4 €200
2018: €50 x 2 €100
2019: €50 x 4 €250

Your luck seems to be in��

NuttyMcNutty

My parents got my son prise bonds, how do you know you have won?, are you supposed to check somehow or do they just post out the winnings, move house since so not sure how to even update them. Google prob find out but Im here

niallers1

I think you've helped me make up my mind. Thank you all.
Prize bonds seem to be a terrible investment.
If you plan to keep money saved longer than 5 years then a mutual fund with a good track record is the way to go. Even a fund that tracks the S&P 500 will get you 7% per year on average.

niallers1

PB2018 wrote: »

Winnings on 29th March 2019: €0
Last win: 1st March 2019: €50
Weeks since last win: 4
€134k invested in prize bonds since July 2017
Win ratio: 11 wins in 91 weeks (12%)
2017 (Jul-Dec): 5 x €50 = €250
2018 (Jan-Dec): 4 x €50 = €200
2019 (Jan-date): 2 x €50 = €100

that's less than 0.5% return.
you could be getting 7% return. That's over 9k per year. You've "won" €550 in almost two years. That is a poor return on your money.

John arse

niallers1 wrote: »

I think you've helped me make up my mind. Thank you all.
Prize bonds seem to be a terrible investment.
If you plan to keep money saved longer than 5 years then a mutual fund with a good track record is the way to go. Even a fund that tracks the S&P 500 will get you 7% per year on average.

I think you hit the Niall on the head!

John arse

NuttyMcNutty wrote: »

My parents got my son prise bonds, how do you know you have won?, are you supposed to check somehow or do they just post out the winnings, move house since so not sure how to even update them. Google prob find out but Im here

A genie comes to your door with a big bag of cash

joeysoap

I’ll five it another 3 months then I’m out. As for longer term investments - depends on a number of factors, age and assess ability amongst others.

joeysoap

niallers1 wrote: »

that's less than 0.5% return.
you could be getting 7% return. That's over 9k per year. You've "won" €550 in almost two years. That is a poor return on your money.

Sounds great, Where’s will I get this 7% return? .

FoolsGold1

€50 today.
Last win €50 on 1 March.
Totals on c.€70K: 2013 ... €1,200
2014 ... 2,015
2015 ... 600
2016 ... 750
2017 ... 400
2018 ... 200
2019 ... 150 to date,

(I'm much too old to play the field ... so, perhaps, it is safe anyway ... one way of looking at it!) In general, a disaster.

pbwinner

joeysoap wrote: »

That should be €50 x 5? A win this week?

Yes, I've corrected it thanks

Taylor365

niallers1 wrote: »

I think you've helped me make up my mind. Thank you all.
Prize bonds seem to be a terrible investment.
If you plan to keep money saved longer than 5 years then a mutual fund with a good track record is the way to go. Even a fund that tracks the S&P 500 will get you 7% per year on average.

If anyone is treating prizebonds as an investment, they're doing it wrong.






























Except pbwinner this year! wtf!? :eek:

niallers1

joeysoap wrote: »

Sounds great, Where’s will I get this 7% return? .

Any decent fund will match the S&P 500 over 5 years. 7% is an average return.
There's 100's of index funds to choose from

Buy a simple index and leave it alone for 5-10 years.

Prize bonds are ok I suppose if you want to keep your money safe but not if you want your money to grow.

Thargor

niallers1 wrote: »

Any decent fund will match the S&P 500 over 5 years. 7% is an average return.
There's 100's of index funds to choose from

Buy a simple index and leave it alone for 5-10 years.

Prize bonds are ok I suppose if you want to keep your money safe but not if you want your money to grow.

We're 11 years since the last recession, they come every 10-12 years, a major warning light started flashing with the US yield curve inversion a week ago that the next one could be upon us, if its money you dont need stick it on the markets by all means but for house deposits or funds you cant afford to lose there isnt anywhere paying 7% thats safe, there isnt anywhere paying 2% thats safe, you might aswell have a bit of fun on a Friday when the returns on standard savings accounts are more like 0.2-0.5% at current rates.

joeysoap

FoolsGold1 wrote: »

(I'm much too old to play the field ... .........In general, a disaster.

Toooooooo old too. But with about €115k in total (€4 x €25k in Jan) I’m getting a wee bit pi##ed seeing ‘sorry........’ every week.

I have some other savings, but as time go by and they mature, I’m not interested in mid to long term investing. I have a AVC pension and that’s forever, but like everybody else (I suspect) I would be happy with a safe home giving 1.5 -2% , but they’re not there.

niallers1

Thargor wrote: »

We're 11 years since the last recession, they come every 10-12 years, a major warning light started flashing with the US yield curve inversion a week ago that the next one could be upon us, if its money you dont need stick it on the markets by all means but for house deposits or funds you cant afford to lose there isnt anywhere paying 7% thats safe, there isnt anywhere paying 2% thats safe, you might aswell have a bit of fun on a Friday when the returns on standard savings accounts are more like 0.2-0.5% at current rates.

Knowing that, When the next one is upon us then see it as an opportunity to buy a fund/ index at a 30-35% discount.
Then forget about it and let it ride for 5- 10 years.

dxhound2005

The next draw will be on Thursday 18 April.

scotchy

Sorry, no winners were found for selected dates.:(

tuisginideach

and again - sorry