Premium Bonds Reviews

Premium Bonds And The Unluckiest Man In Great Britain

Premium Bonds and the Unluckiest Man in Great Britain

There have been many success stories about premium bonds, but there are some nice amazing failure stories also. Premium bonds, the British way to own money for no interest and a chance to win cash prizes have made several people millionaires and have given cash prizes that will exceed the interest that is given in banks or other bond programs. The odds are better than the American lottery and you can cash in your bonds at any time for the exact amount you purchased them for. For as many successes there are failures that are sometimes considered the worst luck in premium bond history.

A gentleman bought one hundred pounds worth of premium bonds in 1967. That was a company of money to invest back then and the hope of becoming a million pound winner lingered with the man until this day. He has not won one single cash prize through he purchased the bonds and that luck still runs with him nowadays. The prevailing amount of winnings for the average investor is about three to four percent of the investment put in. This man has not made a single clash, but he refuses to cash in his bonds and look for another type of investment.

He does have some animosity toward the program but he expresses in a civil manner. He states that every time he sees an advertisement for premium bonds on the television he wants to smash the set in anger. Stating that one hundred pounds was then his note salary, he feels the National Savings and Investment agency has let him down. He does refuse to leave completely and bequeath not cash in, but he screams he will not put another pound into the pattern until he sees a return on his investment. He has since invested sympathy regular savings bonds situation he is earning a infant interest.

His has made several pleas to the National Savings and Investments agency for an explanation of why he hasn't won, but he has hackneyed no answers to his questions and that infuriates him further. The National Savings and Investments post their statistics on earnings on a monthly basis but this gentleman refuses to listen to the math. He just wants an apology and information how he could not have won in almost fifty years. The man believes that the agency is responsible for his bad luck and wishes he never became part of the program.

His more irritation is that he would have unreal an eight hundred percent profit on those hundred pounds if he had invested in a building society fund. There is a possibility that the man had been slighted in the early days of the premium bond owing to the bond numbers had to be matched by real people and not a computer and the human end could have missed due to his numbers. The man stated that he just wanted to win once so that his title of the unluckiest man in Great Britain would go away.