Thread: Premium Bonds
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John Rumm John Rumm is offline
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Default Premium Bonds

On 13/06/2021 22:12, Vir Campestris wrote:
On 07/06/2021 11:07, bert wrote:
In article , Andrew
writes
On 05/06/2021 15:56, Peter Johnson wrote:
On Sat, 5 Jun 2021 12:52:58 +0100, "Jim GM4DHJ ..."
wrote:

Well that is five £25 wins in five months since I started...is this
normal ?
Â*Depends how big your holding is, I'd say, and how recently it was
purchased. Recent purchases win more often than older ones because
there are more of them, so a large holding purchased in the last 12
months will produce more winners than a similarly large holding
purchased, say, five or ten years ago.
I've invested £3,000 over the last 18 months and haven't won anything.


A £2 bond that I bought in December 1965 won me £25 in 2014.
According to the RPI tables I would have needed to win £37 just
to get my spending power back though.

You've still got your 2 quid though :-)


But he hasn't.

I just about remember 1965, and a packet of crisps was IIRC about tanner.

6d, 2.5p. Which means 80 for the two quid.

They're they best part of a quid per packet now.

You can do much the same calculation for _any_ good.


According to

https://www.bankofengland.co.uk/mone...ion-calculator

£2 in 1965 is worth just under £40 today.


--
Cheers,

John.

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