Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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I currently have £1000 in Premium Bonds, which have been there for about 4 years. So far they have returned nothing, so I've being wondering whats best to do with the money.
Few ideas!
- Leave it where it is, I could win some money!
- Withdraw and put in to my savings account and gain interest (Currently 5%)
- Open an ISA and gain tax free 5-6% interest
- Put in a Stocks & Shares ISA, could gain or lose money
- Buy in to shares, same as above
- Buy 2 season tickets and worry about re newing when the time comes
[Edited on 18-04-2007 by Marc]
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Colin
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Registered: 4th Apr 02
User status: Offline
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Ive never won anything with premium bonds either.
Isa is always good, but you'l only see £50 back a year on a grand!!
Stocks & shares are risky, could go wrong fast if you dont know what your doing!! You probably wont see a big return over a short time either.
Season ticket if you want but then its gone 
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Marc
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Registered: 11th Aug 02
Location: York
User status: Offline
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Another option is to put another £1100 I have floating about in the bonds or put 2k in an ISA!
Or
Leave the bonds alone, I've pretty much forgotten about them up to now and dabble with the £1100 in some shares.
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drunkenfool
Member
Registered: 7th Feb 03
Location: Hereford Drives: Audi R8 V8
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buy a projector. Or just leave them in boinds if you can cope without the grand, then if and when you do win, it will be a really nice suprise 
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Marc
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Registered: 11th Aug 02
Location: York
User status: Offline
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True. It won't be splashed on anything either way!
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dazavich
Member
Registered: 27th Sep 06
Location: Greenock, Inverclyde
User status: Offline
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3-45 Newmarket
Adagio
£1000 win
Its a cert, i've got £25 on it, lol
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dazavich
Member
Registered: 27th Sep 06
Location: Greenock, Inverclyde
User status: Offline
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YES!!!
Told you, lol
3-45 Newmarket - 8 runners Places Paid 1,2 and 3 @ 1/5 odds
Off at 15:47:28
1st 1 Adagio 2.25 FAV
2nd 6 Sonny Red 17.00
3rd 9 Thousand Words 3.50
Forecast 1 beat 6 25.02
Non Runners 3 Brave Tin Soldi'
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Colin
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Registered: 4th Apr 02
User status: Offline
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Apparently Premium bonds are going to pay out 5x 1000000 in June to celibrate its 50th birthday so dont go cashing them in just yet!!
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Yeah, I'm not going to take them out just yet.
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Contemplating leaving the bonds and investing £1100 in Shell Oil. Thsi would get me 232 shares. What do people think?
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Haimsey
Premium Member
Registered: 8th May 05
Location: Nottingham Drives: Corsa B
User status: Offline
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[Edited on 04-03-2012 by Haimsey]
Marcy Marc 
White Sport Progress Thread
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ssj_kakarot
Member
Registered: 29th Apr 03
Location: hartlepool
User status: Offline
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depends are you in it for the long run or short run, find out what the dividend payments shell have been making recently and compare how much you would recieve from the dividends compared to how much you would be recieving in a high intrest account.
If your in it for the short run ie buy shares and then sell them when they go up i wouldnt bother as you wouldnt make to much money unless you follow the oil industry closly and know something is either going to drive the share price of shell up or down dramiticaly soonish.
although im not expert lol.
And yes i cant spell SMB.
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ssj_kakarot
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Registered: 29th Apr 03
Location: hartlepool
User status: Offline
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Royal Dutch Shell Shares (pence) 17.13 17.08 16.77
so for every share you have you would recieve 17p odd. so 232 shares times 17p.
something like £39 i think shells dividends are paid 3 times a year so you would make about £118 a year providing the payments are 3 times a year might be 4 times a year or even 2 i cant remeber lol.
but dont forget dividend payements can change an awful lot just the same as the actual share price can.
Any way theres my thoughs :-/
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Marc
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Registered: 11th Aug 02
Location: York
User status: Offline
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I think theres about 4 payments.
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topshot_2k
Banned
Registered: 1st Dec 03
Location: Northampton Drives: Pug GTi-6
User status: Offline
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Home cinema system, might aswell enjoy it 
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shawboy
Member
Registered: 1st Jul 02
Location: Wombwell, Barnsley
User status: Offline
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2 season tickets
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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quote:
Originally posted by topshot_2k
Home cinema system, might aswell enjoy it
don't need one!
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mav
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Registered: 19th Jun 01
Location: Scotland
User status: Offline
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Take it out and blow it on hookers...
I would just spend it
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ssj_kakarot
Member
Registered: 29th Apr 03
Location: hartlepool
User status: Offline
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buy a really expensive monkey.
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Thinking now that I might invest in shares through my bank (Halifax) quite convieniant and probably a bit more security too.
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mattk
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Registered: 27th Feb 06
Location: St. Helens
User status: Offline
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season ticket would be a HUGE waste of money IMO, get some shares
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M2RTY
Member
Registered: 25th May 01
User status: Offline
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i would take it out and make money from it myself
buy a cheap car, sell on for profit
buy a bulk load of something and flog them on ebay
etc etc
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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I've kind of taken the plunge, in a cop out kind of way!!!
I've just opened a Maxi stocks and shares ISA online with Halifax who I bank with and have transferred £1000 across. Will take 5 days for the paperwork and certificate to come through then I'll see what I've let myself in for
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RioVerde
Member
Registered: 23rd Apr 06
Location: Spondon, Derby
User status: Offline
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quote:
Originally posted by mattk
season ticket would be a HUGE waste of money IMO, get some shares
NOT IF ITS A DERBY COUNTY FC SEASON TICKET!!
WE'RE GOING PREM!!
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mav
Member
Registered: 19th Jun 01
Location: Scotland
User status: Offline
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Buy 2 season tickets and worry about re newing when the time comes
enjoy it marc, get the season tickets...
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