to be honest its alot of money to be putting aside each month and alot of T&Cs to adhear to, i find prize bonds has a better overall return
You were very lucky to win €4K and earn the equivalent of c. 10% CAR by my calculation. Most people will not be so lucky and I don't think that it's prudent to recommend Prize Bonds as a medium to long term investment given the high chances of earning nothing at all. I have a few just to be in the draw but they would be a tiny percentage of my overall savings/investments.in terms of prize bonds i put 12000 into it about 3 and half years ago and now i have just over 16000, so a return of 4000 is better than gimmicks with a bank, there is always a claws somewhere.
In most cases it will get you nothing while the real value of your capital is eroded by inflation.well thats only my opinion, putting 1500 into it wont get you much
This is totally fallacious. On what basis do you believe that having one block of numbers increases your returns or even your chances of winning?but all my "numbers" are in the one lot, cause i bought them all the same time, which results in a higher return
Lucky you so far but this is a hare brained medium/long term investment strategy in my opinion unless this is a tiny percentage of your overall net worth or something.and any money i do get is put straight back in, just my luck, but its working for me
well thats only my opinion, putting 1500 into it wont get you much but all my "numbers" are in the one lot, cause i bought them all the same time, which results in a higher return and any money i do get is put straight back in, just my luck, but its working for me
If that's what it takes to get the best returns then why not?so what are you going to keep doing keep changing bank accounts for a few extra euros?
Huh?! Your c. 10% CAR (ignoring inflation) was down to pure luck! Most people will not earn this or anything at all on Prize Bonds. If you believe that interest bearing current or deposit accounts and Prize Bonds are really directly comparable then you are very naive.if your only looking at it from the outset of getting 10% of what you might have your gonna be no better off.
Why exactly do you consider UFirst better than Halifax or other banks' offerings?Halifax are just trying to get there feet off the ground in this country.
If you truely want a bank account with more to offer you should look into Ulster banks U First current account. just read it
so what are you going to keep doing keep changing bank accounts for a few extra euros? if your only looking at it from the outset of getting 10% of what you might have your gonna be no better off. Halifax are just trying to get there feet off the ground in this country.
If you truely want a bank account with more to offer you should look into Ulster banks U First current account. just read it
you look up Ufirst and the services they offer their customers, maybe then you will understand. plus alot of the time with banks in ireland it still depends on your history, so if you want to go jumping from bank to bank, fire ahead, but there will be a day you need them, for a loan, mortage or the likes, and if your not loyal to them and dont seem to be loyal to anyone else why should they be loyal to you, its common sense, you dont get nothing for nothing!
Yeah - fair point. The rest of us can stop trying to reason with her too.OK funnygirl, you won't be convinced - continue using UB and Prize Bonds.
Can we leave this thread to discussion of the subject ?
........ Given that the Halifax offer of 10% is permanent I assume AIB will realistically be forced to reconsider this end date?