Financial Requirement - Cash Savings - Premium Bonds & SIPP Pension Pot

when i sold my last house in 2013 i rented a superb moder=rn flat on sandown seafront--2 bed 2 bath huge lounge with balcony over looking the beach--£600 a month for a year--it had all the built in kitchen appliances.

Very good value that... probably full of Immigrants now and asking £1200!

That's a shame - I'm not reading all that guff... Fortunately the gain only runs from 2015 so if I do sell it at some point then it shouldn't be too bad.

No..it was sold..thats why i got it cheap. Lots of young single mums with various fatherless kids rent some flats..all on benefits of course.

Only way a poor girl can get on the property ladder in the UK - get herself pregnant and move out!

Not that different in the Philippines

I kid you not...


I dunno wot I've trodden in!

n.b. From the September 2023 prize draw, the prize fund rate will increase to 4.65% from 4.00%, its highest level since March 1999. The odds will improve to 21,000 to 1, their best level since the April 2008 prize draw:



Interesting - the max you can hold is £50k - the first £1m winner bought a block of 30,000 and with the exception of the £4,200 (Bond Value) all the other top ten winners (for Sep 23) held blocks of £8,000 or more and I'm sure that'll be the case for most of the bigger prizes - so you're probably right!

Perhaps your £100/month is not the best approach - You could always cash them in and get a block of £5k but you'll miss out a month or two. Out of interest, (which for me is through the roof at the moment) I'm going to have a closer look and see which ones are winning and whether they're in bigger blocks when they update their records - really ****ty system they have.

And yes - I think I'm sure I'm the odd one out here - it's all in my name

Do you need an UK address to have theses bonds?

I use one but apparently not as 4 of the big winners were from Australia and other 32 it just says Overseas

I also use a UK bank account to cash in and out

p.s. As OSS said and I can confirm from my own experience of well over 30 years most of the time you get like £25 or £50 in a month once or twice a year!

Good thing is they only go up... albeit slowly.

Apologies @Jim ...,

Just noticed today I changed mine some time ago to WISE... so looks like you don't need a UK Bank Account you can use WISE or something similar to that if you want.

Congrats.

How I can feel disappointed with another £100... I don't know!

Normally I be chuffed to bits but after the past few months... it's a bit of a downer

I get over 5,500 pesos every month. Invested 1 million peso in PNB Allianz (not time deposit) I can withdraw anytime without penalty. And the wife gets money when I snuff it.

Allianz PNB Life: Life Insurance Company in the Philippines

More like £15k once you allow for the fees etc.

It's a very good return but... there's always a reason/trade off for that: in this case it'll be the limited deposit protection of the initial investment and probably the exit cost of changing it back into cash if you change your mind and want to get out later.

I'm old so the only people who are going to give me a decent Life plan are people I should be avoiding