€25k invested in prize bonds

tuisginideach · 29-11-2019 1:43pm

And yet again - nothing

pbwinner · 29-11-2019 3:01pm

Winnings on 29th November 2019: €0
Last win 23rd August 2019: €50
Total winnings on €25k from Feb 2011 to date: €2900
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

Andrew Flexing · 29-11-2019 3:12pm

No Joy.
Weeks since last win: lost count

soc · 29-11-2019 3:21pm

Week 9: 40k invested
Wins to date = STILL ZERO :-(

Cork Lass · 29-11-2019 8:07pm

Andrew Flexing wrote: »

No Joy.
Weeks since last win: lost count

exactly this

carrickbawn · 29-11-2019 8:10pm

Cork Lass wrote: »

exactly this

Same as that.

One More Toy · 29-11-2019 8:24pm

I'm thinking about pulling out a big enough sum out of the stock market, what's the return on pb like? Seems to be pretty dire based on this thread. Current interest rates are dire and don't want to switch bank to get a better rate

Taylor365 · 29-11-2019 9:33pm

One More Toy wrote: »

I'm thinking about pulling out a big enough sum out of the stock market, what's the return on pb like? Seems to be pretty dire based on this thread. Current interest rates are dire and don't want to switch bank to get a better rate

Depends if lucky.

I'm currently sitting at 0.15% return for 2019.

Whereas have less in stocks and had a good 16-19% surge this year.

One More Toy · 29-11-2019 9:52pm

Taylor365 wrote: »

Depends if lucky.

I'm currently sitting at 0.15% return for 2019.

Whereas have less in stocks and had a good 16-19% surge this year.

Ouch. .15 - better off in the bank although there's dirt involved I suppose

dxhound2005 · 03-12-2019 9:30pm

One More Toy wrote: »

Ouch. .15 - better off in the bank although there's dirt involved I suppose

None of the banks are giving anything more than 0.21%, and usually a lot less for higher amounts. From which you lose 35% if you are liable for DIRT. The two Credit Unions I know about have declared a dividend for 2019 of 0.25% and 0.15%, again before DIRT.

There are bank products which pay more, but they are fixed term or regular savings, not directly comparable with the conditions which apply to Prize Bonds.

https://www.askaboutmoney.com/threads/savings-best-buys.90481/

Bob Harris · 04-12-2019 12:19pm

One More Toy wrote: »

I'm thinking about pulling out a big enough sum out of the stock market, what's the return on pb like? Seems to be pretty dire based on this thread. Current interest rates are dire and don't want to switch bank to get a better rate

State savings - Solidarity bond pays 1.5% AER and 16% after 10 years tax free.
Take it out when want with any interest earned.

Don't see the attraction of PBs.

Taylor365 · 04-12-2019 8:07pm

Bob Harris wrote: »

State savings - Solidarity bond pays 1.5% AER and 16% after 10 years tax free.
Take it out when want with any interest earned.

Don't see the attraction of PBs.

You what mate?

an amount calculated at a rate of 0.05% per annum on the portion of the Principal Amount being redeemed for the number of days (if any) from (and including) the date of the most recent anniversary of the Registration Date to (but excluding) the date of Early Redemption.

EXAMPLE– If a National Solidarity Bond (10 Years) has a Principal Amount of €1,000, and is redeemed in whole after 2 years and 160 days, the Bonus payable is: €2.50 (applying the Total Cumulative Bonus Percentage of 0.25% to the period up until the 2nd anniversary of the Registration Date); and€0.22 (applying the annual rate of 0.05% to the 160 days from the 2nd anniversary of the Registration Date to (but excluding) the date of Early Redemption),giving a total Bonus payable of €2.72and a total return (Principal Amount and Bonus) of €1,002.72.

One More Toy · 04-12-2019 8:28pm

dxhound2005 wrote: »

None of the banks are giving anything more than 0.21%, and usually a lot less for higher amounts. From which you lose 35% if you are liable for DIRT. The two Credit Unions I know about have declared a dividend for 2019 of 0.25% and 0.15%, again before DIRT.

There are bank products which pay more, but they are fixed term or regular savings, not directly comparable with the conditions which apply to Prize Bonds.

https://www.askaboutmoney.com/threads/savings-best-buys.90481/

A bond fund I've invested in has made 8 per cent in the last 4 years before tax of course

dxhound2005 · 04-12-2019 8:34pm

One More Toy wrote: »

A bond fund I've invested in has made 8 per cent in the last 4 years before tax of course

I would be interested in one which will give 8% in the next 4 years.

Taylor365 · 05-12-2019 7:01pm

One More Toy wrote: »

A bond fund I've invested in has made 8 per cent in the last 4 years before tax of course

Is that just inline with the ever all time high stock market, or would you have made a better return if it was in the red?

tuisginideach · 06-12-2019 1:53pm

tuisginideach wrote: »

And yet again - nothing

And yet again - and again - and again - nothing

:(:(:(:(

soc · 06-12-2019 2:29pm

tuisginideach wrote: »

And yet again - and again - and again - nothing :(:(:(:(

Yep... that's me too....

Week 11: 40k invested
Wins to date = ZERO still

pbwinner · 06-12-2019 2:39pm

Winnings on 6th December 2019: €0
Last win 23rd August 2019: €50
Total winnings on €25k from Feb 2011 to date: €2900
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

BriBru · 06-12-2019 2:52pm

Hi all, I have recently began following this thread after asking a question over at r/ireland on Reddit.

Not sure if this has been posted before but back in November 2018, I asked the Prize Bonds team how many Prize Bonds were entered into the draw each week and I got the following reply:

There is currently a 3.7 Billion fund at the moment. There is approximately 540 million units going into the draw every Friday.

So you can work out your odds of winning based on the number of bonds that you own.

I have also emailed to get an updated figure so I will post an update when I have one.

carrickbawn · 06-12-2019 2:58pm

tuisginideach wrote: »

And yet again - and again - and again - nothing :(:(:(:(

Same here....again.
I think some of us need to go to Dublin and protest outside the Dail.
Or “ talk to joe”
That seems to work for some .

Cute Hoor · 06-12-2019 3:21pm

Another, if infrequent, 'Killarney' envelope on it's way with €50.

€50 win 6/12/2019, PB bought January 2006, first win since 18/10/2019.

Winnings to date (no winning records kept pre 2005) €1,675 on €9,900 worth of PB's bought monthly over a 21 year period plus €20,000 bought in Feb 2016 (five €50 on the February 2016 purchase).

Winnings 2011 €75
Winnings 2012 €150
Winnings 2013 €200
Winnings 2014 €100
Winnings 2015 Zero
Winnings 2016 €200
Winnings 2017 €250
Winnings 2018 Nada, Zilch, SFA
Winnings 2019 €250 (and counting - could be my best year ever)

Christmas bonus next week?

PB2018 · 06-12-2019 3:53pm

Wins on 6th December 2019: €0
Last win - 1st November 2019: €50
Weeks since last win: 5
€134k invested in prize bonds since July 2017
Win ratio: 14 wins in 127 weeks (11%)
2017 (Jul-Dec): 5 x €50 = €250
2018 (Jan-Dec): 4 x €50 = €200
2019 (Jan-date): 5 x €50 = €250

noodler · 06-12-2019 8:27pm

Got a 50 today.

It's my third of the year.

dxhound2005 · 06-12-2019 9:42pm

BriBru wrote: »

Hi all, I have recently began following this thread after asking a question over at r/ireland on Reddit.

Not sure if this has been posted before but back in November 2018, I asked the Prize Bonds team how many Prize Bonds were entered into the draw each week and I got the following reply:

There is currently a 3.7 Billion fund at the moment. There is approximately 540 million units going into the draw every Friday.

So you can work out your odds of winning based on the number of bonds that you own.

I have also emailed to get an updated figure so I will post an update when I have one.

The Annual Report for 2018 says the fund at the end of the year was €3.415 billion. That would be approx 546 million bonds. The ones from before the Euro are valued at €6.35 each.

In January this year each draw had 4516 €50 prizes. This month it will be 4940 up from 4899 in November. That indicates an increase of 9.4% during the year, which would bring the fund up to approx €3.736 billion, equivalent of about 598 million bonds.

The part of the prize fund allocated to €50 prizes will give a return of 0.35% with average luck, 7 wins per year from €100,000 in bonds.

Taylor365 · 07-12-2019 1:51pm

Cute Hoor wrote: »

Another, if infrequent, 'Killarney' envelope on it's way with €50.

€50 win 6/12/2019, PB bought January 2006, first win since 18/10/2019.

Winnings to date (no winning records kept pre 2005) €1,675 on €9,900 worth of PB's bought monthly over a 21 year period plus €20,000 bought in Feb 2016 (five €50 on the February 2016 purchase).

Winnings 2011 €75
Winnings 2012 €150
Winnings 2013 €200
Winnings 2014 €100
Winnings 2015 Zero
Winnings 2016 €200
Winnings 2017 €250
Winnings 2018 Nada, Zilch, SFA
Winnings 2019 €250 (and counting - could be my best year ever)

Christmas bonus next week?

I have more and won 5 times less for the year. Good going!

BriBru · 13-12-2019 11:06am

dxhound2005 wrote: »

The Annual Report for 2018 says the fund at the end of the year was €3.415 billion. That would be approx 546 million bonds. The ones from before the Euro are valued at €6.35 each.

In January this year each draw had 4516 €50 prizes. This month it will be 4940 up from 4899 in November. That indicates an increase of 9.4% during the year, which would bring the fund up to approx €3.736 billion, equivalent of about 598 million bonds.

The part of the prize fund allocated to €50 prizes will give a return of 0.35% with average luck, 7 wins per year from €100,000 in bonds.

That would be an easier way than emailing them. They have replied to me to say that there is currently 3.625* billion in the fund and 579,610,441 units go into the draw each week.

*Their initial reply said that there was 36 billion in the fund but upon questioning, this was revealed as a typo. :eek:

pbwinner · 13-12-2019 1:52pm

Winnings on 13th December 2019: €0
Last win 23rd August 2019: €50
Total winnings on €25k from Feb 2011 to date: €2900
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

PB2018 · 13-12-2019 1:53pm

Wins on 13th December 2019: €0
Last win - 1st November 2019: €50
Weeks since last win: 6
€134k invested in prize bonds since July 2017
Win ratio: 14 wins in 128 weeks (11%)
2017 (Jul-Dec): 5 x €50 = €250
2018 (Jan-Dec): 4 x €50 = €200
2019 (Jan-date): 5 x €50 = €250

soc · 13-12-2019 3:28pm

Week 12: 40k invested
Wins to date = 0

tuisginideach · 13-12-2019 3:37pm

Christmas came early - €50

carrickbawn · 13-12-2019 4:06pm

tuisginideach wrote: »

Christmas came early - €50

Good for you. Early or late would do me now.
Nothing again today.

Hibernicis · 13-12-2019 5:49pm

Hibernicis wrote: »

Be nice to make it a round thousand by 31st December. That would still be a measly .40%. return for the year.

Looks like I got my wish - €50 today - Christmas came early !!

Winnings on 13th December €50
Last win: 22nd November: €50
Weeks since last win: 3

2017 (Jul-Dec) - €100k – 7x€50 = €350
2018 (Jan-Dec) - €200k – 12x€50 = €600
2019 (Jan-Dec) - €250k – 20x€50 = €1,000

Thargor · 14-12-2019 3:52pm

€100 again for me aswell, the end of a very quite year is picking up...

15-12-2019 10:49pm

A win for me as well.
That's 8 x 50 this year on 100,000
Best year for a while!

Millionaire only not · 15-12-2019 10:57pm

bubblypop wrote: »

A win for me as well.
That's 8 x 50 this year on 100,000
Best year for a while!

Time to take it out do something more exciting - I bought tullow oil shares last Monday by Friday plus 46% minus Leo/ pascal
Now I know u won’t get a week like that every week or once a year but come on 400 on 100k
Just my piece of useless advice

15-12-2019 10:59pm

Millionaire only not wrote: »

Time to take it out do something more exciting - I bought tullow oil shares last Monday by Friday plus 46% minus Leo/ pascal
Now I know u won’t get a week like that every week or once a year but come on 400 on 100k
Just my piece of useless advice

Only there till I buy a house in afraid!

mulbot · 15-12-2019 11:03pm

Hi,just wondering about how I buy into prize bonds,if anyone could help. Is it still through the post office. Also,can they be withdrawn at any time? How do I check results.Thanks

Mormegil · 15-12-2019 11:30pm

mulbot wrote: »

Hi,just wondering about how I buy into prize bonds,if anyone could help. Is it still through the post office. Also,can they be withdrawn at any time? How do I check results.Thanks

You can buy in the Post Office or Online here https://www.statesavings.ie/prize-bonds.

The winning bonds for each draw are posted on the above website on Fridays. If you create an account you can enter your Bond numbers and check if they have won with a click.

They can be withdrawn with 7 days notice.

mno101 · 15-12-2019 11:41pm

Mormegil wrote: »

You can buy in the Post Office or Online here https://www.statesavings.ie/prize-bonds.

The winning bonds for each draw are posted on the above website on Fridays. If you create an account you can enter your Bond numbers and check if they have won with a click.

They can be withdrawn with 7 days notice.

..but only after a min. of 3 months i think (I called them last week to check and see how long prize bonds needed to be held before they could be cashed in again..they said 3 months)

Mormegil · 15-12-2019 11:47pm

mno101 wrote: »

..but only after a min. of 3 months i think (I called them last week to check and see how long prize bonds needed to be held before they could be cashed in again..they said 3 months)

Yeah, forgot to mention that.

Hibernicis · 16-12-2019 9:31am

Is this a record....... the letter notifying me of last Friday’s win arrived in Saturday morning’s post !!

Hibernicis · 16-12-2019 9:35am

bubblypop wrote: »

That's 8 x 50 this year on 100,000

Hibernicis wrote: »

2019 (Jan-Dec) - €250k – 20x€50 = €1,000

Interesting. Exact same return ratio.

Hibernicis · 16-12-2019 9:48am

Millionaire only not wrote: »

Time to take it out do something more exciting - I bought tullow oil shares last Monday by Friday plus 46% minus Leo/ pascal
Now I know u won’t get a week like that every week or once a year but come on 400 on 100k
Just my piece of useless advice

400 on 100k annual income is a lot more than many people who gambled on Irish Oil Exploration stocks ended up with in the past (Bula, Providence, etc). Not to mention the fact they also lost 100% of their capital. Oil exploration stocks which by their nature have a reasonable chance of 100% capital loss may have a place in a broad portfolio. They certainly are not the place for somebody’s mortgage savings !

Millionaire only not · 16-12-2019 10:02am

Hibernicis wrote: »

400 on 100k annual income is a lot more than many people who gambled on Irish Oil Exploration stocks ended up with in the past (Bula, Providence, etc). Not to mention the fact they also lost 100% of their capital. Oil exploration stocks which by their nature have a reasonable chance of 100% capital loss may have a place in a broad portfolio. They certainly are not the place for somebody’s mortgage savings !

I didn’t know it was savings for a mortgage !
I thought it spare money ! Worth the gamble on the prize bonds wouldn’t have interest earned anyway without investing long term !

Cute Hoor · 16-12-2019 11:04am

Millionaire only not wrote: »

Time to take it out do something more exciting - I bought tullow oil shares last Monday by Friday plus 46% minus Leo/ pascal
Now I know u won’t get a week like that every week or once a year but come on 400 on 100k
Just my piece of useless advice

All very good, well done and I presume you sold on Friday, but if your post had been last Monday evening it might have read something like this

Millionaire only not wrote: »

Time to take it out do something more exciting - I bought tullow oil shares last Monday by this evening minus 70% minus Leo/ pascal
Now I know u won’t get a week like that every week or once a year but come on 400 on 100k
Just my piece of useless advice

You were the lucky one, but remember somebody bought those Tullow shares that previous Monday at 1.37.

Bubblypop still has his 100K plus the 400 of course, and can sleep easy at night

tuisginideach · 20-12-2019 1:38pm

Christmas has come and gone obviously ...:(

PB2018 · 20-12-2019 2:12pm

Wins on 20th December 2019: €0
Last win - 1st November 2019: €50
Weeks since last win: 7
€134k invested in prize bonds since July 2017
Win ratio: 14 wins in 129 weeks (11%)
2017 (Jul-Dec): 5 x €50 = €250
2018 (Jan-Dec): 4 x €50 = €200
2019 (Jan-date): 5 x €50 = €250

Andrew Flexing · 20-12-2019 2:33pm

No joy.
2 wins in 6 months - my worst run yet.

*Nollaig Shona everyone!!!*

Cork Lass · 21-12-2019 12:52am

Won €50 today. First win since May. Happy Christmas to you all

pbwinner · 21-12-2019 4:50pm

Winnings on 21st December 2019: €0
Last win 23rd August 2019: €50
Total winnings on €25k from Feb 2011 to date: €2900
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

€25k invested in prize bonds

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