€25k invested in prize bonds

FoolsGold1

Nothing for me today.
Last win, €50, on 4th November.

Sligo Quay

Well after my handsome win of €50 last week, it was back to normal today ''sorry you have no new winners'' nothing today.

I never knew 5 digit bonds existed, I see today a 5 digit bond won €50 euro by a UK holder 79899, should there be a zero before the 7 https://www.statesavings.ie/PrizebondsApp/Results/Results.aspx

Press ''winning bond'' heading, then it comes up 1st on the long list of winners.

Cork Lass

€50 for us today. That's €550 since May on our €1000k batch and €50 on the €20k batch we bought a couple of months ago.

Senna

My mum has some prize bonds, I'm nearly sure I registered my email address against them online. Do they message you if you win, or do you have to check?

tuisginideach

Cheque is posted to the address given when bond was puchased.

Robodoc

First posting. Evening all and congrats to this weeks winners. Current prize fund calculated at 0.85% of total invested, BUT the first prize each week, €50k x 48 + €1m x 4, total over 25% of the prize fund, so, presuming that you are not the first prize winner, you are competing for a share of a prize fund equal to 0.60% of total sum invested in prize bonds, so, on average, a sum of €100k invested for a year should get one winner each month for a total win of €600 per annum. Some will do better, but remember if you do better, someone else does worse.

worded

1 in 300 million oddd of winning a million

https://www.google.ie/amp/s/www.irishtimes.com/news/consumer/the-odds-of-winning-with-prize-bonds-lengthen-1.2680135%3Fmode%3Damp?client=safari

Senna

tuisginideach wrote: »

Cheque is posted to the address given when bond was puchased.

Assume this can be changed if you move?

tuisginideach

Senna wrote: »

Assume this can be changed if you move?

Of course

tuisginideach

:(:( Nothing today:(:(:(

FoolsGold1

Winnings from 16/12/16 - €50
Last win - €50 on 4th November.

pbwinner

Winnings on 16th December 2016: 0
Last win 24 June 2016: 50
Total winnings since Feb 2011 on 25k: 2250

Sligo Quay

Nothing today, last win 2nd December €50euro,
perhaps next Friday a little Christmas cheer awaits us.

Cork Lass

Nothing for us today.

piston

Nothing today again!

Nothing today!

tuisginideach

:(:(:(:(

rebelle

I've never won anything on Prize Bonds. I had hoped today might be the day to change all that but alas no......I can dream on for next year

eamonn147

Won 100e today two 50e prizes just when I was about to cash in my bonds in Jan I win two prizes a first for me.. I think I'll leave them there another while and see how I get on

Sligo Quay

No Christmas cheer from PBs, ''sorry you have no new winners'' not half as sorry as I am, I live in hope, I dream big, there is always next Friday when the million is up for grabs.
Happy Christmas everybody.

Taylor365

Nothing for me, and probably nothing until summer.

Lets be real.

piston

No Christmas bonus for me

meijin

relatively cheap money for the government at only 0.85%

The National Treasury Management Agency (NTMA) sets the variable percentage rate used to calculate the annual prize fund.
Effective from July 2016 this variable percentage rate is set at 0.85% of the total value of prize bonds outstanding.

pbwinner

Winnings on 23rd December 2016: 50
Last win 24 June 2016: 50
Total winnings since Feb 2011 on 25k: 2300

TiGeR KiNgS

I have been following this thread from the start and has been entertaining, but someone needs to explain the madness.

S&P 500 yielded 80% for last 5 years. = €20,000 in pure gains.
(excl FX gains on the dollar and approx 25% dividends)
vs.
Prize bonds yielded 9% for the last 5 years. = €2,300 in gains

I think the point has been made, time to start divesting assets in Prize bonds OP, there awful investments. (I say this with €500 of prize bonds - winner twice in 3 years).

dxhound2005

TiGeR KiNgS wrote: »

I have been following this thread from the start and has been entertaining, but someone needs to explain the madness.

S&P 500 yielded 80% for last 5 years. = €20,000 in pure gains.
(excl FX gains on the dollar and approx 25% dividends)
vs.
Prize bonds yielded 9% for the last 5 years. = €2,300 in gains

I think the point has been made, time to start divesting assets in Prize bonds OP, there awful investments. (I say this with €500 of prize bonds - winner twice in 3 years).

What gains will the S&P 500 be giving for the next 5 years?

TiGeR KiNgS

dxhound2005 wrote: »

What gains will the S&P 500 be giving for the next 5 years?

Greater than the expected return on prize bonds.

Agent Smyth

TiGeR KiNgS wrote: »

Greater than the expected return on prize bonds.

And at any time during the previous 5 years would the OP have made less ??

Clarebelly

TiGeR KiNgS wrote: »

I have been following this thread from the start and has been entertaining, but someone needs to explain the madness.

S&P 500 yielded 80% for last 5 years. = €20,000 in pure gains.

That'll be the hindsight 5000 fund.
I heard that's a good one alright.........

TiGeR KiNgS

Agent Smyth wrote: »

And at any time during the previous 5 years would the OP have made less ??

Not versus prize bond returns