[Finance] Premium Bonds - prize pool increased again - you ever have any luck?

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Beach Hut

Brighton Bhuna Boy
Jul 5, 2003
72,639
Living In a Box
£350 between us this month
 


dazzer6666

Well-known member
NSC Patron
Mar 27, 2013
58,007
Burgess Hill
The whole point of Premium Bonds is enjoying the prospect of winning big prizes.

Any financial advisor would tell you that, unless you have exhausted all your other tax free alternatives, they are not the best place to put your money. Even then, your money would probably be better invested in other ways.

Premium Bonds, firstly and foremost, are a FUN and EXCITING way to safely secure your money.

I think you've probably misunderstood the whole thing, you miserable git, with your pointless contribution to this thread.
Better than that. Most financial advisers will tell you it’s a safe, tax-efficient component of a portfolio with a reasonable chance of a decent return (as well as the potential ‘big win’ excitement)
 


Mustafa II

Well-known member
Oct 14, 2022
2,280
Hove
Better than that. Most financial advisers will tell you it’s a safe, tax-efficient component of a portfolio with a reasonable chance of a decent return (as well as the potential ‘big win’ excitement)

It is, but none of them would advise you to use Premium Bonds before maxing out your £20k ISA allowance every year.
 












































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