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€25k invested in prize bonds

pbwinner

Hiya,
Thought I'd update this thread on the success (or not) of €25k (yes, €25,000) I invested in PBs since February.

Purpose of this thread is to give some indication of the success rate of PBs for the ordinary punter as I assume €25k is large amount to invest in one go.

Planning to keep it in there for a year or so.

Winnings to date: €25

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tuisginideach

tuisginideach wrote: »

I reinvested 2 five figure batches in June. The smaller of the two won €50 today:) , giving me €200 on it since 7th September.
Edited to correct: The larger of the two (which is three times bigger than the smaller batch) has won 1 X €50 - last July .... all the other batches are still floundering in the bottom of the barrel....

my overall result for 2017 was .59%

from Aug 17 to July 18- .36%

Jan 2018 - Oct 2018 - .25%

The larger of the two five-figure reinvested batches won €50 today.:)

Agent Smyth

Seems we're both having a good "Black Friday" tuisginideach.
A €50 win for me today also

Andrew Flexing

No Joy.
Weeks since last win: 5

well done Tuis! Agent S!

hopefully more wins on Black Friday for those still to check!

PB2018

Winnings on 23rd November 2018: €0
Last win: 19th October 2018: €50
Weeks since last win: 5
€134k invested in prize bonds since July 2017
Win ratio: 9 wins in 73 weeks (12%)
2017 (Jul-Dec): 5 x €50 = €250
2018 (Jan-date): 4 x €50 = €200

honeybear

Nada. Starting to wonder did I ever actually buy prize bonds!!!

dxhound2005

€50 for me today.

WhiteMan32

Another €50 win today on 104k

Previous win: €50 on 9th November 2018

Cork Lass

Nothing for us this week

diceyreilly

Just bought a few prize bonds.
Do they email you if you have won a prize or do you need to enter your bond numbers every week.

WhiteMan32

diceyreilly wrote: »

Do they email you if you have won a prize or do you need to enter your bond numbers every week.

No, they don't e-mail (or text) Bondholders after each draw where they are among the winners. Instead, each winning Bondholder is notified by letter.... and this normally arrives with them on the following Tuesday or Wednesday. However, if you register online at www.StateSavings.ie/Prize-Bonds and Add your bond reference numbers, you can log in after 12:30pm on each Friday afternoon to see if you have achieved any wins. This is how many of us are able to post here soon after with details of any wins following the latest PB draw.

diceyreilly

WhiteMan32 wrote: »

No, they don't e-mail (or text) Bondholders after each draw where they are among the winners. Instead, each winning Bondholder is notified by letter.... and this normally arrives with them on the following Tuesday or Wednesday. However, if you register online at www.StateSavings.ie/Prize-Bonds and Add your bond reference numbers, you can log in after 12:30pm on each Friday afternoon to see if you have achieved any wins. This is how many of us are able to post here soon after with details of any wins following the latest PB draw.

Cheers. Will do that now.

ct5amr2ig1nfhp

18 months invested, 450 euro won, 0.24% per year. Are my calculations correct? Less again if you consider this is late Nov and your win for the year this far is 200.
About on par with the banks I guess.

PB2018 wrote: »

Winnings on 23rd November 2018: €0
Last win: 19th October 2018: €50
Weeks since last win: 5
€134k invested in prize bonds since July 2017
Win ratio: 9 wins in 73 weeks (12%)
2017 (Jul-Dec): 5 x €50 = €250
2018 (Jan-date): 4 x €50 = €200

vargoo

After 7 years we've learned just buy the minimum to be in the draw, do something else with money.

Close thread?

Sligo Quay

Nothing on black Friday, it's black Friday in every sense, last win October 12th €50.

Taylor365

vargoo wrote: »

After 7 years we've learned just buy the minimum to be in the draw, do something else with money.

Close thread?

Even that is a bad investment of €25.

Just use them as a savings account is more accurate.

pbwinner

vargoo wrote: »

After 7 years we've learned just buy the minimum to be in the draw, do something else with money.

Close thread?

There's always next Friday!

pbwinner

Winnings on 16/23 November 2018: €0
Last win 31st August 2018: €50
Total winnings on €25k from Feb 2011 to date: €2550
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

- bo -

I had €25 in bonds bought for me as a gift in December 2007... going on 11 years old and never a cent out of it.

Agent Smyth

I have a bond, purchased around the start of the Prize Bonds in the late fifties, that has neither won a penny or a cent

tuisginideach

Similar story here - I have a Premium Bond - similar age - have even updated my address - not a pound nor a penny from it. Then again, I have a large amount of Prize Bonds which haven't won a cent either!

Taylor365

- bo - wrote: »

I had €25 in bonds bought for me as a gift in December 2007... going on 11 years old and never a cent out of it.

Insert dumb lottery saying - "well, there's always a chance!

Finger crossed for you! Dream big!"

ZZZZZZZZZ

You can hold those bonds til the heat death of the universe and probably be safe never winning anything

el diablo

LimeFruitGum wrote: »

Are you sure? The rate of return is random, if not utterly ****e.

What's the alternative though? Are any banks offering better than approx. 0.1%?
I've got some funds stuck in a crappy AIB account earning nothing but I'm tempted to just throw it into Prize Bonds...

unkel

el diablo wrote: »

I've got some funds stuck in a crappy AIB account earning nothing but I'm tempted to just throw it into Prize Bonds...

My thoughts exactly a few years ago. I threw it into Prize Bonds back then and I have received €0.00 in winnings so far. Thinking of taking it all out to top up pension contribution to the max in 2019 and stick the rest into DeGiro.

Sligo Quay

el diablo wrote: »

What's the alternative though? Are any banks offering better than approx. 0.1%?
I've got some funds stuck in a crappy AIB account earning nothing but I'm tempted to just throw it into Prize Bonds...

I suppose you could do worse.
Back to today, nothing this week, last win 12th October €50.....

Andrew Flexing

No Joy.
Weeks since last win: 6

pbwinner

Winnings on 30th November 2018: €0
Last win 31st August 2018: €50
Total winnings on €25k from Feb 2011 to date: €2550
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

tuisginideach

tuisginideach wrote: »

The larger of the two five-figure reinvested batches won €50 today.:)

and another €50 today on the larger batch

PB2018

Winnings on 30th November 2018: €0
Last win: 19th October 2018: €50
Weeks since last win: 6
€134k invested in prize bonds since July 2017
Win ratio: 9 wins in 74 weeks (12%)
2017 (Jul-Dec): 5 x €50 = €250
2018 (Jan-date): 4 x €50 = €200

robinwing

is there a maximum figure on the amount you can invest in prize bonds ?

PB2018

It's quite similar to the banks. The one upside (for me) to prize bonds is that I can get almost immediate access to my savings if required (I think 10 working days).

For comparison to bank interest rates, over the course of 12 months (from July 17-June 18) my winnings on €134k amounted to €300, which works out at 0.22%.

I did a very quick search on bank interest rates, looking at instant access and 12 months fixed. KBC has the best instant access rate at 0.25% and PTSB has the best 12 month fixed rate at 0.5%.

However when you include DIRT (I used the 2018 rate of 37% for simplicity) these rates go down to 0.16% and 0.32% respectively. So my prize bonds (currently) fall somewhere in the middle.

Dorothy Blue Billionaire wrote: »

18 months invested, 450 euro won, 0.24% per year. Are my calculations correct? Less again if you consider this is late Nov and your win for the year this far is 200.
About on par with the banks I guess.