Prize Bonds

thejovialhost

Well i just invested a small amount in prize bonds. I got a receipt stating the amount i invested. Should i actually be getting/have physical bonds or what's the deal??

BuffyBot

The bond certificates themselves should be posted out.

thejovialhost

Cool. Thanks for that

RainyDay

Don't fall for the advertising. Remember that your investment is losing real value every day due to inflation.

thejovialhost

Well it's a negligible fall because i havn't invested that much

Syth

I've had about €500 in prize bonds for the last 4 years or so and I haven't seen a penny. What kind of return are other people getting?

Our man in Havana

Someone has to be winning, but I have yet to here of anyone that I know of winning.

daveirl

This post has been deleted.

wba88

me or my brother (bought him some october 04 and got myself some too) havent seen a penny or heard from them since

RainyDay

thejovialhost wrote:

Well it's a negligible fall because i havn't invested that much

Regardless of whether you have invested €100 or €1,000,000, the fall as a percentage of your investment is the same - about 3% per annum in recent years.

Syth wrote:

I've had about €500 in prize bonds for the last 4 years or so and I haven't seen a penny. What kind of return are other people getting?

They quote 2.6% average returns on their website, but this figure is very heavily skewed by the very small number of winners to get very large prizes. The typical return is much, much lower.

luckat

I've won €75 three times on my €600 or so of Prize Bonds. Waiting for the big one

Sure wouldn't I just have wasted it on books and CDs otherwise?

vector

I'd really like to see the results of an independent study into prize bonds returns. (Where a sample of people was taken and their return, in percent, was shown)

replytohere2004

prize bonds are a good gamble but a bad investment.

casanova_kid

I won €75 a while ago on prize bonds, didn't know what was going on when i saw the cheque, didn't have a clue what they were.