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Author If you had 100k, how would you make it grow?
BluKoo
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Registered: 8th Apr 02
Location: Stonehaven (Scotland)
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21st Jul 11 at 23:14   View User's Profile U2U Member Reply With Quote

I'm seriously considering whacking a bit of money into bonds for a year or two and see how it does in comparison to shares.

[Edited on 21-07-2011 by BluKoo]
Fro
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Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
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22nd Jul 11 at 07:36   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by harrisp
quote:
Originally posted by Liam
From what I understand, you give them money, and you get put into a "raffle" every month I think, you can win upto £1m


My Nan has got them, told me she wins a few hundred a year and has won a couple of fairly large prizes, (couple of thousand), haven't got a clue how much she has got in it though, Im guess you need large amounts to win decent amounts?



[Edited on 22-07-2011 by harrisp]


Not necessarily, you just have more chance of winning as you have more entries. a bit like buying more tickets on the lotto except its risk free from what i can remember.

Edit:

http://www.nsandi.com/savings-premium-bonds

[Edited on 22-07-2011 by Fro]
Paul_J
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Registered: 6th Jun 02
Location: London
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22nd Jul 11 at 09:11   View User's Profile U2U Member Reply With Quote

my parents had a load in premium bonds for years and never won anything decent.
Daniel_Corsa
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Registered: 21st Apr 04
Location: Wigton, Cumbria
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22nd Jul 11 at 09:18   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Paul_J
my parents had a load in premium bonds for years and never won anything decent.


Never lost anything either!


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Paul_J
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Registered: 6th Jun 02
Location: London
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22nd Jul 11 at 09:34   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Daniel_Corsa
quote:
Originally posted by Paul_J
my parents had a load in premium bonds for years and never won anything decent.


Never lost anything either!


ah yeah, until you compare how much you could've made in other ways. I think even just interest in a bank would've beaten it by a fair way.

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