Premium Bonds
In article , Andrew
wrote:
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 ?
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.
Andy
Wagon Wheels are my preferred method for measuring inflation, not
forgettng to take into account "shrinkflation"
Mars (bars) are another.
I can remember them at 4d each - now about £1 and smaller
--
from KT24 in Surrey, England
"I'd rather die of exhaustion than die of boredom" Thomas Carlyle
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