Premium bonds - weird coincidence

[mistyoptic]

£50 for me, £200 for Mrs O

 

[yello]

I have some money in the UK at the moment, from a pension drawdown. I thought of buying premium bonds but read that as a non-UK resident, I'd have to get the local mayor to sign and stamp an affidavit for me. I couldn't be bothered (that applies to many things in my life btw)

Exchange rate is poor at the moment so I stuck the money in a UK term savings account, and there it will sit. Better interest rate than France and better performing (short term) than the pension.

Though I was tempted by premuim bonds. A decent win and I could get the roof retiled.

 

[potsy]

In the last 6 months I've won 1 prize of £100.
With my small investment that's a bit down on sticking it in an easy access savings account.

 

[Chislenko]

I have some money in the UK at the moment, from a pension drawdown. I thought of buying premium bonds but read that as a non-UK resident, I'd have to get the local mayor to sign and stamp an affidavit for me. I couldn't be bothered (that applies to many things in my life btw)

Exchange rate is poor at the moment so I stuck the money in a UK term savings account, and there it will sit. Better interest rate than France and better performing (short term) than the pension.

Though I was tempted by premuim bonds. A decent win and I could get the roof retiled.

I am the other way around, I still have a chunk of money sitting in Portugal left over from house sale. I would rather see the pound at 1.10 or less rather than it currently floating about 1.15!

 

[november4]

Nothing from Ernie but I got a tax rebate, so woohoo!

 

[PeteXXX]

After a very poor return this year, (hardly any wins) I dumped a lot of Bonds and put them into a 6% interest account.

With the remaining lower amount of bonds, I got £25 😂

 

[biggs682]

A nice £700+ this moth coming in to the household

 

[yello]

I am the other way around, I still have a chunk of money sitting in Portugal left over from house sale. I would rather see the pound at 1.10 or less rather than it currently floating about 1.15!

Fight fight fight! I'm hoping for a return to at least 1.18 before bringing it over. Hence me sticking it away for a year...

 

[Chislenko]

Fight fight fight! I'm hoping for a return to at least 1.18 before bringing it over. Hence me sticking it away for a year...

I was shredding some old paperwork the other day and I came across a Currencies Direct transaction from when we sent our bulk money over to purchase in 2005. The rate was 1.48!!!

Don't think we will ever see those days again.

 

[fossyant]

A nice £700+ this moth coming in to the household

Hmm, it won't - it will be on bikes - we know you !

MrsF just won £150 ! That's going on sewing stuff.

 

[biggs682]

Hmm, it won't - it will be on bikes - we know you !

MrsF just won £150 ! That's going on sewing stuff.

No bikes as no room

 

[fossyant]

No bikes as no room

Whatttt ?

 

[oldwheels]

I think I do quite well out of my PB.’s. At my age I prefer to have the money where it is easy and quick to access rather than tie it up in something long term for probably not more in interest than PB returns.

 

[Chislenko]

I think I do quite well out of my PB.’s. At my age I prefer to have the money where it is easy and quick to access rather than tie it up in something long term for probably not more in interest than PB returns.

Exactly, and for us personally it is 100K "sheltered" from the HMRC. Whilst savers have bemoaned low interest rates for years, like anything in life it is a double edged sword, extra interest=extra tax!

 

[biggs682]

Whatttt ?

Believe me