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"Andrew" wrote in message ... 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. actually a 1 pound bond won you the prize all bonds are for one pound, they just tinker with the minimum purchase from time to time. According to the RPI tables I would have needed to win £37 just to get my spending power back though. |
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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. Andy |
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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. /================================================== ===============\ | Internode Ltd - http://www.internode.co.uk | |-----------------------------------------------------------------| | John Rumm - john(at)internode(dot)co(dot)uk | \================================================= ================/ |
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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. Andy Wagon Wheels are my preferred method for measuring inflation, not forgettng to take into account "shrinkflation" |
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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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