What have you won recently?

[Mr K]

Assuming the max £50k investment , you need to be 'winning' at least £1900 a year to keep up with inflation. Anything less is a loss. Nothing wrong with premium bonds, certainly a better deal than the nat. lottery, but 'prizes' are interest , and inflation is the killer.

[Taf]

Originally Posted by Mr K

Assuming the max £50k investment , you need to be 'winning' at least £1900 a year to keep up with inflation. Anything less is a loss. Nothing wrong with premium bonds, certainly a better deal than the nat. lottery, but 'prizes' are interest , and inflation is the killer.

Stuffed under your mattress loses money through "inflation", most bank accounts still give paltry interest rates, and even then most of us then lose 20% to tax. PB's are a bit of fun, and you can get all your money back if you fall on hard times.

I have "played the markets" for many years, but not with stocks and shares, but with consumer items. I bulk buy essentials that have very long shelf lives, that I know we will use at some point. Shelves stripped of toilet paper? No problem for us, as we gradually built up large stocks over the year when prices weren't bonkers. Ditto lots of dried and canned goods. Originally in case winter weather meant driving to the shops would be a bit hairy, but then along came covid that caused the shortages and price hikes. And now Robber Reeve's "tax on jobs" that is seeing prices rising rapidly again.

[SnoopZ]

I've won bu gger all lately!

£30 on the national lottery last week.

I also had a bet on Seahawks to win the Superbowl.
It was an each-way bet and they have made the final, so I'll get something back, more if they win.

[nashville]

Not a saiusage