€25k invested in prize bonds

Sligo Quay

Hibernicis wrote: »

Not many here were born with a large wad of prize bonds in their mouth, to mix my metaphors. I suspect the majority have bonds as a result of hard work and diligent saving, combined with good fortune and fortuitous investing. In my case, apart from some early gifts and inheritances, I started by buying a small amount every month when I was trying to develop a regular savings habit. The larger tranches came later as a result of asset disposals and other life stage events. And like most people I've had plenty of financial challenges in my life. So people shouldn't be put off by the larger holdings here, instead I'd suggest that these should act as an encouragement to others to get started on the savings trail.

Well said, I couldn't put it better myself.

Hibernicis

Sligo Quay wrote: »

Yes but that's the crucial question, what is your holding, mine is there for all to see.

As is mine, here you go

I repeat it any time I pick up a prize. And in some of the analysis which I’ve posted, for example here and here

Negative_G

Negative_G wrote: »

Winnings on 22nd Jan 2021
Last win on 4th Sept 2020
Previous win on 26th June

Total winnings since Feb 2015 on €50k: €1,450
Total winnings since Oct 2015 on €20k: €250

Winnings on 12th Feb 2021 €50
Last win on 22nd Jan 2021 €50
Previous win 4th Sept 2020 €50

Total winnings since Feb 2015 on €50k: €1,500
Total winnings since Oct 2015 on €20k: €250

abff

I realise that the change in overall fund value is due to a combination of purchases and sales. But I thought people might be interested in new sales over the past few years since I first purchased my prize bonds. I have tracked this by looking at the serial numbers of the new bonds that I have received each time I've had a win.

Date_____New bonds__Per day
05/05/2017
19/05/2017 103,539,795 7,395,700
02/06/2017 103,713,712 7,408,122
21/07/2017 312,307,692 6,373,626
01/09/2017 260,208,421 6,195,439
03/11/2017 363,631,447 5,771,928
08/12/2017 208,145,017 5,947,000
22/12/2017 103,826,944 7,416,210
12/01/2018 78,473,046 3,736,812
27/04/2018 676,274,850 6,440,713
28/09/2018 1,065,665,064 6,919,903
02/11/2018 207,647,762 5,932,793
01/02/2019 598,650,838 6,578,581
15/02/2019 103,331,323 7,380,809
08/03/2019 130,250,824 6,202,420
29/03/2019 129,777,812 6,179,896
05/04/2019 51,885,319 7,412,188
03/05/2019 156,394,312 5,585,511
31/05/2019 155,511,732 5,553,990
07/06/2019 26,072,441 3,724,634
14/06/2019 26,481,389 3,783,056
12/07/2019 155,662,897 5,559,389
03/01/2020 1,066,461,148 6,094,064
03/04/2020 806,212,471 8,859,478
24/04/2020 155,885,766 7,423,132
01/05/2020 52,134,886 7,447,841
08/05/2020 51,263,246 7,323,321
10/07/2020 520,031,314 8,254,465
24/07/2020 78,611,607 5,615,115
20/11/2020 1,014,013,719 8,521,124
23/12/2020 337,341,096 10,222,457
08/01/2021 78,432,601 4,902,038

Hibernicis

abff wrote: »

I realise that the change in overall fund value is due to a combination of purchases and sales. But I thought people might be interested in new sales over the past few years since I first purchased my prize bonds. I have tracked this by looking at the serial numbers of the new bonds that I have received each time I've had a win.

Hey abff. Formatted this as a table for you to make it easier to read. Hope I haven't introduced any errors as I had to parse the data.

___Date____|New Bonds|Per Day
05/05/2017||
19/05/2017|103,539,795|7,395,700
02/06/2017|103,713,712|7,408,122
21/07/2017|312,307,692|6,373,626
01/09/2017|260,208,421|6,195,439
03/11/2017|363,631,447|5,771,928
08/12/2017|208,145,017|5,947,000
22/12/2017|103,826,944|7,416,210
12/01/2018|78,473,046|3,736,812
27/04/2018|676,274,850|6,440,713
28/09/2018|1,065,665,064|6,919,903
02/11/2018|207,647,762|5,932,793
01/02/2019|598,650,838|6,578,581
15/02/2019|103,331,323|7,380,809
08/03/2019|130,250,824|6,202,420
29/03/2019|129,777,812|6,179,896
05/04/2019|51,885,319|7,412,188
03/05/2019|156,394,312|5,585,511
31/05/2019|155,511,732|5,553,990
07/06/2019|26,072,441|3,724,634
14/06/2019|26,481,389|3,783,056
12/07/2019|155,662,897|5,559,389
03/01/2020|1,066,461,148|6,094,064
03/04/2020|806,212,471|8,859,478
24/04/2020|155,885,766|7,423,132
01/05/2020|52,134,886|7,447,841
08/05/2020|51,263,246|7,323,321
10/07/2020|520,031,314|8,254,465
24/07/2020|78,611,607|5,615,115
20/11/2020|1,014,013,719|8,521,124
23/12/2020|337,341,096|10,222,457
08/01/2021|78,432,601|4,902,038

abff

Thanks Hibernicis

I tried to format it as a table but didn’t know how. It was coming from a spreadsheet. Is there some software I can use to format it so that it will appear as a table on Boards?

Agent Smyth

Hi abff,
I'm sorry to say that I'm looking at your figures and I can't really make head nor tail from them
Could you explain your how you came about them, I know your using the SN of your winnings to calculate but can you give us a bit more info

I did a few calculations of my own using 3 dates in 2020 from your figures, 01/01/20, 01/04/20 and 01/05/20 and here's what I came up with**

Bond fund on 01/01/20 was €3,654,960,000
Bond fund on 31/03/20 was €3,747,880,000
Which is a growth of €92,920,000, now divide that by 64 working days (presumably NTMA only work Mon to Fri) gives a daily growth of €1,451,875.00 which equates to 232,300 new bonds PWD

Bond fund on 31/03/20 was €3,747,880,000
Bond fund on 30/04/20 was €3,794,160,000
which is a growth of €46,280,000. and divide that by 20 working days in April gives a daily growth of €2,314,000.00 which equates to 370,240 new bonds per each working day in April

One thing to note when using serial numbers to calculate the fund size your not taking into account any encashments so your figures would be gross while mine are net

**usual T&Cs apply to my figures

Hibernicis

abff wrote: »

Thanks Hibernicis

I tried to format it as a table but didn’t know how. It was coming from a spreadsheet. Is there some software I can use to format it so that it will appear as a table on Boards?

Its quite straightforward. You wrap the date with table and /table (enclosed in square brackets) and delimit the cells with | (Vertical bar)

Its very basic, so no facility for alignment, numeric formatting, etc. If you are any way adept at excel you can generate the code there using various formula to create and manipulate the strings. Note that the columns can be sorted by clicking on the column header.

The following will display the first few lines of your table (remove the *)

[*table="head;width=50%"]Date|New Bonds|Per Day
05/05/2017||
19/05/2017|103,539,795|7,395,700
02/06/2017|103,713,712|7,408,122
[/table]

displays this......

Date|New Bonds|Per Day
05/05/2017||
19/05/2017|103,539,795|7,395,700
02/06/2017|103,713,712|7,408,122

HillCloudHop

The returns on this are awful. What's the appeal? Security?

Taylor365

HillCloudHop wrote: »

The returns on this are awful. What's the appeal? Security?

Ease of access.
A little hope on a Friday.

RedRochey

HillCloudHop wrote: »

The returns on this are awful. What's the appeal? Security?

Better than holding cash in the bank, if you're saving for a deposit and don't want to risk it in stocks then why not, tax free winnings as well

abff

Agent Smyth wrote: »

One thing to note when using serial numbers to calculate the fund size your not taking into account any encashments so your figures would be gross while mine are net

If you look at my post, you will see that I clearly stated up front that my figures showed new bonds issued and did not allow for encashments.

Hibernicis

HillCloudHop wrote: »

The returns on this are awful. What's the appeal? Security?

Guaranteed 100% capital repayment. Plus an average return better than anything the banks or other deposit products are offering. As has been pointed out many times, these are bonds and the return is in line with what is to be expected from that asset class. Other asset classes (equities, property, dodgy oil exploration stocks, gold, bitcoin, tulips etc.) have different risk/return profiles.

HillCloudHop

Hibernicis wrote: »

Guaranteed 100% capital repayment. Plus an average return better than anything the banks or other deposit products are offering. As has been pointed out many times, these are bonds and the return is in line with what is to be expected from that asset class. Other asset classes (equities, property, dodgy oil exploration stocks, gold, bitcoin, tulips etc.) have different risk/return profiles.

Is there a limit to how often you can buy prize bonds?

Hibernicis

HillCloudHop wrote: »

Is there a limit to how often you can buy prize bonds?

No.

abff

HillCloudHop wrote: »

Is there a limit to how often you can buy prize bonds?

You can buy them as often as you like, but the maximum permitted amount you can hold is €250k as an individual or €500k as a couple. If you automatically reinvest your winnings, they can be retained in addition to the above limits, but would have to be taken into account against any subsequent purchases.

Agent Smyth

abff wrote: »

If you look at my post, you will see that I clearly stated up front that my figures showed new bonds issued and did not allow for encashments.

Which is why I mentioned it in my post but it doesn't help understand you post
Can you please explain what you mean by your figures for example

Date|New Bonds|Per Day
03/01/2020|1,066,461,148|6,094,064
03/04/2020|806,212,471|8,859,478


Is the date 03/04/2020 the day of the draw or the issue date of the bond you won??
How did you calculate the the new bonds figure on the 03/04/2020
Is the "per day" figure, calendar days between the two dates ??

hblock21

So the only way to buy PB's is with your debit card correct and of course you are limited to your daily limit on the card.
Is this how people on here with large sums bought them - over weeks/months.
Seems strange that there is not a bank transfer function.

Hibernicis

hblock21 wrote: »

So the only way to buy PB's is with your debit card correct and of course you are limited to your daily limit on the card.

No. You can also purchase using a cheque or cash

hblock21 wrote: »

Is this how people on here with large sums bought them - over weeks/months.

Different banks have different daily limits. I have purchased up to €50,000 in a single transaction using an Ulster Bank Visa Debit card and €20,000 using a BOI Debit card.

Andrew Flexing

No joy, as #dry2021 continues.
The number of weekly winners in Kildare falls yet again to 166, down from the average of 210-ish last year.

Jan XXXXX
Feb XXX

adox

Another blank for me again too.

Hibernicis

Eleventh consecutive dry week. Not loving this world of .25% returns I have to say.

pbwinner

Winnings on 19th February 2021: €0
Last win 18th December 2020: €100
Total winnings on €25k from Feb 2011 to date: €3150
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 6 = €300
2020: €50 x 5 = €250
2021: €0

pbwinner

I wonder what the withdrawal of Ulster Bank will do for Prize Bonds? I suspect the amount bought will start shooting through the roof.

PB2018

Wins on 19th February 2021: €0
Last win: 18th December 2020: €50
Weeks since last win: 9
€134k invested in prize bonds since July 2017
Win ratio: 24 wins in 190 weeks (13%)
2017 (Jul-Dec): 5 x €50 = €250
2018 (Jan-Dec): 4 x €50 = €200
2019 (Jan-Dec): 5 x €50 = €250
2020 (Jan-Dec): 10 x €50 = €500
2021 (Jan-date): 0 x €50 = €0

dxhound2005

Congratulations!
Your saved Prize Bond numbers have won €100.00 since you last logged in.

Second time this year I got this message. And I go back to my last winner of 2020 to show how close the winning number are bunched together. It further disproves the conspiracy theory. All winning bonds bought in 2010.

19 Feb 2021
Prize Bond Number Value of Prize
MC928578 €50.00
MN575446 €50.00

04 Jan 2021
Prize Bond Number Value of Prize
MN574043 €50.00
MN573371 €50.00

16 Oct 2020
Prize Bond Number Value of Prize
MC928809 €50.00

dxhound2005

pbwinner wrote: »

I wonder what the withdrawal of Ulster Bank will do for Prize Bonds? I suspect the amount bought will start shooting through the roof.

The holders of that €20 billion never got criticised for their foolishness on the forums. At least not that I saw. Nor the other €80 billion earning peanuts with other banks, or the €16 billion which got zero from the Credit Unions last year.

It is only the poor Prize Bonds holders with their measly €4 billion that have been a target for the criticism.

pbtracker

Another zero for me...over 3 months now :-(

Winnings on 19th February 2021: €0
Last win : €50 6th Nov 2020
Investment : €77K (from Aug 2020)
Winnings Total : €200
Pre 2020 : €50
2020 : €150
2021 : €0

scheister

Little over a year since I got my first batch worth €12,500 still awaiting win number 1

carrickbawn

Nothing for me today.
Last win 15th of Jan.€50.
Come on Tuis....Hopefully the glitch is still with you.