best and safest way to invest 15k?
#31
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lol belive it or not was born here and lived here all me life, lol just dont know nothing bout money investing, the premium bonds sound interesting, no risk etc, whats the interest rate?
#36
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Your "progress" is charted by whether the Government send you a cheque with winnings. Simple as that. If you don't receive anything, you've won nothing, better luck next month.
The attraction for many people is the outside chance of the big win. Returns on average are lower than many other options, but you only need one £1 million win to make it all worthwhile. If you're not a higher rate tax payer, it's certainly worth considering. The maximum anyone can hold is £20,000.
The attraction for many people is the outside chance of the big win. Returns on average are lower than many other options, but you only need one £1 million win to make it all worthwhile. If you're not a higher rate tax payer, it's certainly worth considering. The maximum anyone can hold is £20,000.
#39
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so it would be fine to say just put 5k in premiums? or 10k? or the whole 15k? i like the sound of prizes etc lol, not a very lucky man with winning so maybe i could win somin for a change lol
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apples, it's a free country, so the choice is yours.
At the end of the day you can withdraw all your capital with no losses if you have an alternative use for the cash. Limited downside, except the average rate of return is nothing spectacular. Don't expect a cheque for £1 million after the first week!
At the end of the day you can withdraw all your capital with no losses if you have an alternative use for the cash. Limited downside, except the average rate of return is nothing spectacular. Don't expect a cheque for £1 million after the first week!
#41
Hi all
FYI
You can check you premium bond winnings over the web too at www.nationalsavings.co.uk
Just checked mine and guess what I won again :-)
On average I win every month
Congratulations, you have won!
Here are the details of your winning Bond(s).
Premium Bond number Prize value (£) Winning month
81MA271079 50 December 2002
64PF458989 50 December 2002
86KS592985 50 October 2002
61MG351269 50 September 2002
61MG350619 50 September 2002
64PF458966 50 September 2002
And remember it is tax free so the gross is all yours :-)
FYI
You can check you premium bond winnings over the web too at www.nationalsavings.co.uk
Just checked mine and guess what I won again :-)
On average I win every month
Congratulations, you have won!
Here are the details of your winning Bond(s).
Premium Bond number Prize value (£) Winning month
81MA271079 50 December 2002
64PF458989 50 December 2002
86KS592985 50 October 2002
61MG351269 50 September 2002
61MG350619 50 September 2002
64PF458966 50 September 2002
And remember it is tax free so the gross is all yours :-)
#44
oh yea forgot to mention you don't have to have the max to win some good money
National Savings - Prize winners December 2002
Prize Value Winning Bond No Total V of Holding Area
£1,000,000 61KF029460 £6,650 NORTH YORKSHIRE
£100,000 78PN 903645 £19,000 BRISTOL
£100,000 65DE 621819 £20,000 ESSEX
£50,000 32GN 517278 £18,901 WEST GLAMORGAN
£50,000 23QH 007647 £7,005 WEST MIDLANDS
£25,000 8TC 254288 £5,000 GALASHIELS
£25,000 37YT 684449 £1,050 CO DOWN
£25,000 24NW 034532 £20,000 HAMPSHIRE
£25,000 14BE 837046 £19,000 CHESHIRE
£25,000 1ED 650558 £20,000 LB of ISLINGTON
£25,000 72ZN 774067 £20,000 SURREY
£25,000 74BP 600893 £20,000 KENT
£10,000 75KD 035878 £15,000 HAMPSHIRE
£10,000 62HP 878966 £2,700 ESSEX
£10,000 76AZ 388850 £6,000 BUCKINGHAMSHIRE
£10,000 93EF 135754 £3,293 LB of HARROW
National Savings - Prize winners December 2002
Prize Value Winning Bond No Total V of Holding Area
£1,000,000 61KF029460 £6,650 NORTH YORKSHIRE
£100,000 78PN 903645 £19,000 BRISTOL
£100,000 65DE 621819 £20,000 ESSEX
£50,000 32GN 517278 £18,901 WEST GLAMORGAN
£50,000 23QH 007647 £7,005 WEST MIDLANDS
£25,000 8TC 254288 £5,000 GALASHIELS
£25,000 37YT 684449 £1,050 CO DOWN
£25,000 24NW 034532 £20,000 HAMPSHIRE
£25,000 14BE 837046 £19,000 CHESHIRE
£25,000 1ED 650558 £20,000 LB of ISLINGTON
£25,000 72ZN 774067 £20,000 SURREY
£25,000 74BP 600893 £20,000 KENT
£10,000 75KD 035878 £15,000 HAMPSHIRE
£10,000 62HP 878966 £2,700 ESSEX
£10,000 76AZ 388850 £6,000 BUCKINGHAMSHIRE
£10,000 93EF 135754 £3,293 LB of HARROW
#47
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You don't need to. Unless you don't trust the Government to allocate prizes correctly.
In any case, you'll get a sequence of numbers, not a random scattering, so it's not a big chore, unless you buy lots of disparate clusters.
Phew, surely that's every conceivable question on Premium Bonds answered now???
In any case, you'll get a sequence of numbers, not a random scattering, so it's not a big chore, unless you buy lots of disparate clusters.
Phew, surely that's every conceivable question on Premium Bonds answered now???
#50
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No - they send them to you (takes about a week or so). They're not in the draw until you've "Held" them for a month. ie if you get them this month they'll be in the February draw (so no interest in the first month )
Worth a punt though
Worth a punt though
#53
Really
so what sort of return do you think these guys got then :-)
£1,000,000 61KF029460 £6,650 NORTH YORKSHIRE
£100,000 78PN 903645 £19,000 BRISTOL
£100,000 65DE 621819 £20,000 ESSEX
£50,000 32GN 517278 £18,901 WEST GLAMORGAN
£50,000 23QH 007647 £7,005 WEST MIDLANDS
so what sort of return do you think these guys got then :-)
£1,000,000 61KF029460 £6,650 NORTH YORKSHIRE
£100,000 78PN 903645 £19,000 BRISTOL
£100,000 65DE 621819 £20,000 ESSEX
£50,000 32GN 517278 £18,901 WEST GLAMORGAN
£50,000 23QH 007647 £7,005 WEST MIDLANDS
#54
I would go for a maxi ISA now and another one in April. (A maxi is made up of 7k held in a combination of cash and equities. You can opt for 3k to be held in cash, 1k in a life office and 3 k in stocks and shares. There is some element of risk, but given the shape of the stock market at the minute, it can't fall much further. (Technically it can but the banks/govt will step in with interest rate cuts and increased public spending to help shore it up) As the capital is at risk, ISAs should be considered as a medium to long term investment. (at least 5 years).
If you are feeling brave you could go straight to the markets. Nearly everyone claims this is a bad time to invest, but if you trade in cars, would you be likely to be buying cars when prices were at their lowest point for the past number of years? Potentially you could lose the heap, but the last time the markets had such an extended downward trend was in 1973/74. When they eventually bounced they increase by about 150% in the following year.
If you are feeling brave you could go straight to the markets. Nearly everyone claims this is a bad time to invest, but if you trade in cars, would you be likely to be buying cars when prices were at their lowest point for the past number of years? Potentially you could lose the heap, but the last time the markets had such an extended downward trend was in 1973/74. When they eventually bounced they increase by about 150% in the following year.
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