€25k invested in prize bonds

Negative_G

Nothing today for myself and nothing since June 23rd on 70k.

Given the new rates I think I will be joining those in withdrawing my funds.

Id be happy enough investing 5-10k in crypto currencies over the medium term. Its risky but I think they are promising based on my some varied reading.

Money in an account is a negative exercise these days and there is no sign of improvement on the horizon.

carrickbawn

Just to update my situation.. As some of you would know, I had my entire savings in prize bonds for about 3 years and the return was falling all the time.
With some encouragement from some on here I encashed them in to find a better return.
I did a little bit of share dealing and made a few hundred every year from that,but my best decision was to buy 50 percent of a four unit investment property. So glad I made the move when I did.. A very good return and the other owner manages everything for an extra share of the monthly rent.
I did miss my Friday "fix" for a while but my monthly deposit in my bank account more than compensated. And there is a substantial capital gain now too.
Of course revenue are getting a fine payoff every November so this year I have put money back into prize bonds so I can't access it until I need it for my tax bill.
There is approximately 17,500 in there for the past 3 months and no return,,,,
Boy am I glad I got out when I did..
Hopefully you loyal longtime supporters of prize bonds see better times ahead.

Negative_G

carrickbawn wrote: »

Just to update my situation.. As some of you would know, I had my entire savings in prize bonds for about 3 years and the return was falling all the time.
With some encouragement from some on here I encashed them in to find a better return.
I did a little bit of share dealing and made a few hundred every year from that,but my best decision was to buy 50 percent of a four unit investment property. So glad I made the move when I did.. A very good return and the other owner manages everything for an extra share of the monthly rent.
I did miss my Friday "fix" for a while but my monthly deposit in my bank account more than compensated. And there is a substantial capital gain now too.
Of course revenue are getting a fine payoff every November so this year I have put money back into prize bonds so I can't access it until I need it for my tax bill.
There is approximately 17,500 in there for the past 3 months and no return,,,,
Boy am I glad I got out when I did..
Hopefully you loyal longtime supporters of prize bonds see better times ahead.

Hi Carrickbawn,

What was the general area of your property invesrment? I assume you got in before the market sky rocketed?

carrickbawn

May 2016,,Some work needed to bring it up to scratch,so A few months before the income kicked in... Cork city location....walking distance to city centre.

Negative_G

carrickbawn wrote: »

May 2016,,Some work needed to bring it up to scratch,so A few months before the income kicked in... Cork city location....walking distance to city centre.

Thank you.

Best of luck with your investment.

I am kicking myself I didnt purchase property in 2012/2013. I could've had an ROI of 40-50% at this stage.

carrickbawn

Yes, But we were all cautious at that stage.. Hindsight is a great thing ������

indeq

carrickbawn wrote: »

Yes, But we were all cautious at that stage.. Hindsight is a great thing ������

The people that had it weren't.

pbwinner

Winnings on 11th August 2017: €0
Last win 7th July 2017: €50
Total winnings on €25k from Feb 2011 to date: €2400
2011: €75 x 4 €300
2012: €75 x 6 €450
2013: €50 x 12 €600
2014: €50 x 9 €450
2015: €50 x 5 €250
2016: €50 x 5 €250
2017: €50 x 2 €100

ytpe2r5bxkn0c1

As an aside. Something that came up in conversation here. If someone has moved to the UK permanently, can they claim a prize bond win here? The instance was someone who has prize bonds bought for them as a gift when they were a child.

worded

Musa Faithful Sailboat wrote: »

As an aside. Something that came up in conversation here. If someone has moved to the UK permanently, can they claim a prize bond win here? The instance was someone who has prize bonds bought for them as a gift when they were a child.

Call international PB number? 00 353 1 705 7200 for info or
1850671000 - careful with 1850s particularly with Virgin land lines and even mobiles can be really pricey ...

Mail us at State Savings, FREEPOST, Prize Bonds, FEXCO Centre, Killorglin, Co. Kerry, V93 WN9T.
Email us at PrizeBonds@StateSavings.ie
Phone us at 1850 30 50 60 / +353 1 705 7200
Text us at 0852 30 50 60

Id imagine yes its ok but do you have to pay tax on an Irish Tax free win if you are a UK resident?

I wonder do you have to pay tax on an UK bond win if Irish resident ...

tuisginideach

tuisginideach wrote: »

Ditto :(

Ditto :(:(
Posted in my 1st encashment form on Monday morning - got the cheque this morning (Friday).

pbwinner

Winnings on 18th August 2017: €0
Last win 7th July 2017: €50
Total winnings on €25k from Feb 2011 to date: €2400
2011: €75 x 4 €300
2012: €75 x 6 €450
2013: €50 x 12 €600
2014: €50 x 9 €450
2015: €50 x 5 €250
2016: €50 x 5 €250
2017: €50 x 2 €100

Cork Lass

Cork Lass wrote: »

:(:(

And again this week

Cute Hoor

€50 win today, PB bought February 2016, first win since 13/6/2017.
Next Friday, the big one?

Winnings to date (no winning records kept pre 2005) €1,425 on €8,875 worth of PB's bought monthly over a 19 year period plus €20,000 bought in Feb 2016 (fourth €50 on the February 2016 purchase).

Winnings 2011 €75
Winnings 2012 €150
Winnings 2013 €200
Winnings 2014 €100
Winnings 2015 Zero
Winnings 2016 €200
Winnings 2017 €250 (so far)

:):D:)

Sligo Quay

Nothing this week, last win 11th August €50.

Taylor365

Cute Hoor wrote: »

€50 win today, PB bought February 2016, first win since 13/6/2017.
Next Friday, the big one?

Winnings to date (no winning records kept pre 2005) €1,425 on €8,875 worth of PB's bought monthly over a 19 year period plus €20,000 bought in Feb 2016 (fourth €50 on the February 2016 purchase).

Winnings 2011 €75
Winnings 2012 €150
Winnings 2013 €200
Winnings 2014 €100
Winnings 2015 Zero
Winnings 2016 €200
Winnings 2017 €250 (so far)

:):D:)

Looks like you'll be the outlier this year!

Agent Smyth

Wow, €50 today last win was 14th of July and the same batch

tuisginideach

Gosh -I had forgotten all about checking - I'm usually on at 12.30 sharp to see if it's my lucky day - have given up hope now.


and edited to add :(:(

pbwinner

Winnings on 25th August 2017: €50
Last win 7th July 2017: €50
Total winnings on €25k from Feb 2011 to date: €2450
2011: €75 x 4 €300
2012: €75 x 6 €450
2013: €50 x 12 €600
2014: €50 x 9 €450
2015: €50 x 5 €250
2016: €50 x 5 €250
2017: €50 x 3 €150

Cork Lass

Nothing again for us this week

ZeroThreat

I have 30,000 tied up in these bonds, just had a look on the tracker site at my winnings since April 2014 (had them since 2008 but older winnings not displayed).

All €50 prizes - 5 in 2014, just 1 in 2015 and 4 in 2016, nothing so far this year.

So that's a total of €500 on 30k for in a little over 3 years, so about 0.5% average return in recent times.

tuisginideach

Time to pull out the remaining bonds, I think ... :(:(:(

pbwinner

Winnings on 1st September 2017: €0
Last win 25th August 2017: €50
Total winnings on €25k from Feb 2011 to date: €2450
2011: €75 x 4 €300
2012: €75 x 6 €450
2013: €50 x 12 €600
2014: €50 x 9 €450
2015: €50 x 5 €250
2016: €50 x 5 €250
2017: €50 x 3 €150

worded

pbwinner wrote: »

Winnings on 1st September 2017: €0
Last win 25th August 2017: €50
Total winnings on €25k from Feb 2011 to date: €2450
2011: €75 x 4 €300
2012: €75 x 6 €450
2013: €50 x 12 €600
2014: €50 x 9 €450
2015: €50 x 5 €250
2016: €50 x 5 €250
2017: €50 x 3 €150

All miserable prizes

I know someone who won 50.00
Looks like 5000 when you open the letter

Cork Lass

Agent Smyth

If my figures are correct it would appear the PB fund is now about 3,180,200,000 Euro as of the end of August 17,
Which means at the moment there are about 508,832,000 bonds.

During July I reckon the PB fund grew by 19,760,000 Euro,
Which means there will be an extra 3,161,600 bonds in each draw during September compared to August.

I would estimate that on average there was a net growth in the PB fund of 898,182 Euro for each working day during August.

2016
June's daily growth €1,786,487 old rate 1.25%
July's daily growth €1,500,280 new rate .85%
August's daily growth €1,529,411 @ .85%
September's daily growth €1,251,336 @ .85%
October's daily growth €145,658 @ .85%
November's daily growth €2,101,279 @ .85%
December's daily growth €3,868,512 @ .85%
2017
Janurary's daily growth €1,768,797 @ .85%
February's daily growth €1,590,588 @ .85%
March's daily growth €1,418,181 @ .85%
April's daily growth €1,308,497 @ .85%
May's daily growth €1,107,002 @ .85%
June's daily growth €1,170,985 @ .85%
July's daily growth €4,567,882 @ .85%
August's daily growth €898,182 @ .5%

It will be interesting to see if Septembers growth returns to normal levels ??

tuisginideach

So there are 2.5 million MORE bonds in now than in July????????????????

Thargor

€50 today, first for 8 weeks, just as Im about to pull the sell trigger they always pull me back in...

Rezident

€1,00 in PBs, for about ten years, never won a thing. Had actually forgotten about them. Thanks for reminding me to sell them for more bitcoin, PB's are pretty useless.

ZeroThreat

so no moving money into cryptocurrencies then?