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Savings and Investments thread
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Thanks @golfaddick.
PGIM Global Equity Opportunities has performed very well, but I'd be performance chasing if focused on it now. Have you held it for long?
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from 31/10 my SIPP is up 3.35% and my wife's 3.14%. Happy with that seeing the decreases over the previous few months. Long may it continue.1
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As of last month I now work for a cask brokerage, they sell whiskey by the cask as an alternative asset. It’s really competitive and they pretty much guarantee at least 8% capital returns a year, if anyone is interested drop me a message and I’ll get one of the brokers to contact you. (I’m an accountant not a broker so I’m not here to make a quick buck!)3
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After last month’s feast, this month famine.0
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Same here.guinnessaddick said:After last month’s feast, this month famine.
500 last month
Nothing this month.0 -
I have 22k in premium bonds and in total this year I won 1175.
At the start of the year bank's were offering hardly any interest at all.
I probably could have earned slightly more interest if I'd shopped around but I think £1175 was a decent return.
Plus there is always a chance of winning a big one.0 -
£150 for me, £100 for Mrs R7L, nowt for daughter, father in law to follow.0
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A meagre £100 for me and nothing for Margaret. Feedback on here so far suggests low payouts generally. Typically a Charlton Christmas!1
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…..at odds of 22000-1 of winning anything with ‘average luck’ and with the most common prize being £50 or £100, I’d say that you’ve done well and certainly better than average.blackpool72 said:I have 22k in premium bonds and in total this year I won 1175.
At the start of the year bank's were offering hardly any interest at all.
I probably could have earned slightly more interest if I'd shopped around but I think £1175 was a decent return.
Plus there is always a chance of winning a big one.1 -
With average luck and my tiddly holding I should win about once every two years. So not this time...
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£350 for father in law0
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£500
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Definitely slim pickings for us all so far.0
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On a slightly different topic my main pension managed a gain of £23.6k in the month of November, the one day of December it's already up a further £4k, long may that continue!0
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I think my wife and I are about to buy a big batch of premium bonds. Primarily so I have something to say in here once a month to you guys, very jealous missing out
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£50. Winning a decent amount recently has made me very unimpressed with these meagre winnings 😂0
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£75 for me, £200 for my wife, £150 for my Mum.1
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Worst month for a long time, with £50 for me and zilch for the missus, both on full holdings.0
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£175 for me, £100 for the wife and nil for junior on PBs. Much better than last month and we have reduced our holdings a bit.1
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Good month for me. 1 x £50 and 1 x £500 (my best yet!).4
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£50 me. £300 wife0
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£375 for me and £275 for wife. We have achieved a 4.2% return for the year which is not bad.0
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£300, split over five different prize amounts. Earned just under 3% for the year, which isn't so good, with three blank months. I'm not moving them though.0
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Add me to that. Nothing this month, first time in more than year. I cannot think of a good reason why overall payouts should be lower. Hmmmeldrew66 said:A meagre £100 for me and nothing for Margaret. Feedback on here so far suggests low payouts generally. Typically a Charlton Christmas!
Anyway not connected with that, we can now work out our total profit/rate of interest on our winnings for the year. I thought it might be interesting to do a little survey as the consolidated results might be insightful.
My method of calculating is
- Log on to see your full year winnings
- Add up the total
- subtract this number from your current total holdings to get your start of year total
- calculate annual winnings as % of start of year total
It might be even more interesting if people would not mind stating roughly what total holding they have; maybe just split into <25k or >25k
My effective ROI this year is 4.3%. I am in the >25k bracket.
Is that good? Yes I think it is, at least OK. You could get 5%+ in cash now, and briefly 6% plus from NS&I itself, but not in the first few months of the year.
Anyone else up for this? If anyone wants to improve on my suggested process, feel free.
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£100 won on a £1000 holding so 10%. I used to be an accountant, you know6
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>25k
4.82%
Happy enough with that.1 -
Would also be interested in this.PragueAddick said:
Add me to that. Nothing this month, first time in more than year. I cannot think of a good reason why overall payouts should be lower. Hmmmeldrew66 said:A meagre £100 for me and nothing for Margaret. Feedback on here so far suggests low payouts generally. Typically a Charlton Christmas!
Anyway not connected with that, we can now work out our total profit/rate of interest on our winnings for the year. I thought it might be interesting to do a little survey as the consolidated results might be insightful.
My method of calculating is
- Log on to see your full year winnings
- Add up the total
- subtract this number from your current total holdings to get your start of year total
- calculate annual winnings as % of start of year total
It might be even more interesting if people would not mind stating roughly what total holding they have; maybe just split into <25k or >25k
My effective ROI this year is 4.3%. I am in the >25k bracket.
Is that good? Yes I think it is, at least OK. You could get 5%+ in cash now, and briefly 6% plus from NS&I itself, but not in the first few months of the year.
Anyone else up for this? If anyone wants to improve on my suggested process, feel free.
Isn't the key thing on the "5% cash" comment though disregarding income tax a bit? Eg if you are a higher rate tax payer you need to divide the rate by 1.66, so 5% very quickly becomes 3.125% (I know you know all this just want to spell it all out). That actually makes savings accounts (outside of ISAs) pretty uncompetitive vs premium bonds. Your 4.3% is a brilliant return in my opinion, provided you have used your isa allowance first.
For me I will be filling up my and my wife's ISAs, then moving into Premium Bonds. Then each year where I can't fill an isa (most of them!) I will probably sell PBs to add to ISAs.
Interested as to what people think about this?0 -
>25k. 3.75% annual return. Higher rate tax payer so happy with that...0
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The personal savings allowances are currently £1,000 for basic rate taxpayers and £500 for higher rate taxpayers. Am I right in saying these remain the same for 2023/24?0
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Nothing this month 😔0
