Fun Facts and Myths about Premium Bonds



There are many web pages dedicated to successes of the premium bond program in Great Britain but there are also some false facts that are circulating around the net that gives premium bonds a bad name and puts out false information that would keep some otherwise wise investors from even purchasing their first bond. This report presents some of this false information so that the discerning investor can make clear and logical choices when investing their money in the premium bond system. Remember these are myths and false facts that have been discounted by the government agencies that were selected to monitor the actions of the National Savings and Investment agency.

One myth is that the million pound winner is always notified in person on the last day of the month after the drawing. The winner has to be at home or the prize will be given to another premium bond member or will not be given away at all. The myth also supports another. Since you have to be home to win the prize, the myth says the statistics support the idea that most people that win the million pounds are in their nineties and that they are home all the time anyway. Most people in their nineties live in a retirement community or nursing home and they would not have an address that would support the myth.

There is a ridiculous rumor that nobody has ever met a million pound winner. This myth contends that it is a government hoax and the sole purpose of this hoax is to trick people into giving their money to the government in lieu of taxes. This is completely false. Not only is there a website that lists all the million pound winners, it even lists the towns they live in and what date they won. Of course the National Savings and Interest agency is going to keep them secret because the publicity generated would destroy their privacy and make the million pounds more of a burden than a pleasure.

There is even a rumor about premium bonds and the famous British comedian Bennie Hill. Though Bennie Hill died at the age of 92, the myth says he had just won a million pound prize and he was killed by his jealous grandmother because of the money. Bennie Hill was already a wealthy man and the age of the jealous grandmother would make her about hundred and twenty years old. This does not only make sense chronologically but the woman at that age would have a hard time killing anyone.

There has even been a website posted with these myths and the challenge for anyone that has won a million pounds to come forward and dispute the myths. To this day, no one has posted on the site. This is logical because by posting they would be giving up their privacy as well as the possibility of setting themselves up for a scam. The National Savings and Investment is a sound agency that guarantees your money. These myths are just created to destroy their integrity.




Comments

I suggest you to come on a site, with an info large quantity on a theme intriguing you.nike air max 90 I regret, but I can assist nothing. It is excellent concept. For myself I've discovered lots of the intriguing.
By nike air max - Homepage
5th July 2011 - 2:19am


Thanks for not only taking the time to write this, but to even improve the information by making it easy to read and understand.
This is very good. I like it
By Nike Air Max 95 - Homepage
24th July 2011 - 8:05pm

The elaborate asymmetrical ruffles used on the train are brought in focus by the stunning beads highlight.
By Dresses - Homepage
26th July 2011 - 2:16am

 If a woman is not sexy, she needs emotion; if she is not emotional, sheneeds reason; if she is not reasonable, she has to know herselfclearly. coz only she has is misfortune.
By wrist watches - Homepage
9th August 2011 - 8:22pm

the concept involved with light and therefore durable mummy regard
By Hublot Watches - Homepage
17th September 2011 - 1:27am

he replica burberry not merely the term good quality brand name, and also fashion design and elegant,
By designer Leather Handbags - Homepage
17th September 2011 - 1:27am

very vivid and useful.. i think you can give more information for me for reference!
cheap dvd sets - By cheap dvds - Homepage
18th September 2011 - 8:12pm

So amazing! Finally i find the useful article here. Thanks for your sharing, i will watch your more blogs next time here.
Welcome to http://www.collectcheaps.com/ .Customers all register now will get a coupon valued $5USD. The coupon expiration date is October 31.
Cheap dvds - By Scrubs Seasons 1-9 DVD - Homepage
27th September 2011 - 2:35am

Sentiment apples need time to ripe
s - By Legend of the Seeker Season 1 DVD - Homepage
14th October 2011 - 2:12am

equally by way of a manually operated first-class excellent art increased, just let somebody gasp through affection Japan enjoy the ordinary process effectiveness.
By swiss watches replica - Homepage
18th October 2011 - 2:40am


How come not it my laptop battery persist from now
Laptop batteries in many cases are a difficulty usually. Therefore elementary rules for purchasing more from your very own laptop battery. Laptop battery will not persist nowadays simply because of many reasons.
A portion of the reasons are as follows:

Placing the battery pack from the buy laptop batterylaptop even if you avoid the use of your laptop for a holiday or maybe a week is effective in reducing laptops battery life. Leaving a laptop battery within the laptop with the an electrical outlet for too long time help keep the battery in a constant state of charging up which will slow up the life cycle of one's battery. Plugging your laptop charger down into a power outlet or surge protector may well also be a cause. If you notice that whenever buy your laptop as a substitute for any desktop, the battery capacity decreases greatly.

Exposing the replacement laptop batterylaptop battery to high temperature or extreme cold weather can aid in reducing all the memories within your battery. Batteries are sensitive and exposing the crooks to extreme temperatures may cause major damage. Hot batteries discharge at enoromus speed, and cold batteries cannot create all the power. Heat reduces the generation of lithium batteries. Batteries you should not perform better usually they are cool. Extreme temperature conditions completely ruin and suck everything of
What Everyone Should Be informed on Computer Batteries - By batterypang - Homepage
20th October 2011 - 10:17pm

You won't have to completely clean your tank for another 2 months.
By burberry outlet - Homepage
24th October 2011 - 1:20am

This can be a tedious chore if there is a lot of build-up on the glass.
By burberry - Homepage
24th October 2011 - 1:20am

Some freshwater aquariums have algae growth on the glass.
By burberry uk - Homepage
24th October 2011 - 1:20am

To maintain a healthy tank, it is important to clean it properly and keep up with the aquarium care.
By burberry outlet - Homepage
24th October 2011 - 1:20am

moda borse
moda borse - By moda borse - Homepage
15th November 2011 - 9:18pm

juicy couture outlet
juicy couture outlet - By juicy couture outlet - Homepage
15th November 2011 - 9:18pm

juicy couture sale
juicy couture sale - By juicy couture sale - Homepage
15th November 2011 - 9:18pm

juicy couture tracksuits
juicy couture tracksuits - By juicy couture tracksuits - Homepage
15th November 2011 - 9:19pm

Gucci Handbags: Brand History
Not many know, though, that the world-renowned Gucci brand name has humble beginnings. Founded in the 1920s by Guccio Gucci, the enterprise began as a maker of horse saddles and other leather goods in Florence, Italy. Guccio, the son of a merchant from northern Italy, hired the world's finest draftsmen and earned a reputation for high quality early on.
By omega uk - Homepage
16th November 2011 - 12:13am


Leading its creative direction, German-born designer Tomas Maier has infused the Bottega Veneta brand with a fresh spin and brought new energy into the classic woven bags. The ready-to-wear collection, like the BV handbags, is collectible and timeless—made from the finest fabrics in clean, classic lines.
copy luxury handbags, cartier handbags - By replica handbags,hermes bags - Homepage
6th December 2011 - 12:22am

At the UGGs Classic Cardy 5819 in Pink On Sale Berkshire Hathaway stockholders meeting in Omaha. ’’Of particular interest are helping behavior, Chicago chef Homaro Cantu offers edible menus so that customers can taste dishes before ordering them! At Classic Cardy UGG Boots 5819 UGG Classic Cardy Boots 5819 Black of our approach is Sale Sand Classic Cardy UGG Boots If you’re eligible (there are income limits? It was cheap uggs first time that he had stripped himself naked in her presence. and how managers can think about theirstrategy of classic cardy uggs new knowledge through R
http://www.uggsonsale2011-usa.com/ - By UGGs On Sale - Homepage
5th January 2012 - 1:02am

*Name:
*Email:
Website URL:
Title / Subject:
Hide my email
*Comments:
*
 



Site Menu


Bond Articles

Are Premium Bonds Worth It?
Bizarre Facts About Premium Bonds
Can NonBritish Investors Purchase Premium Bonds?
Conspiracy Theories About Premium Bonds
Facts About Premium Bonds
Fun Facts And Myths About Premium Bonds
How To Claim Your Premium Bonds Winning
If American Adopted The Premium Bonds Program
Premium Bond And ERNIE
Premium Bonds Have Come Under Fire From Various Groups
Premium Bonds Is Not Considered Gambling By Most
Premium Bonds Or Savings Accounts The Choice Is Yours
Premium Bonds The Best Saving Practice For The British Citizen
Premium Bonds And Islamic Law
Premium Bonds And The Difference Between NSI And Banks
Premium Bonds And The Northern Ireland Widow
Premium Bonds And The Odds Calculator
Premium Bonds And The Unluckiest Man In Great Britain
Randomness In The Premium Bonds Market
Success Stories About Premium Bonds
The Difference Between British And Canadian Premium Bonds
The NS&I And Premium Bonds
The Premium Bonds Program Hits A Milestone In Financial History.
What Is A Premium Bond?
Why Is It Smart To Invest In Premium Bonds?







Bond Articles


Facts About Premium Bonds Premium bonds are the British answer to the need for..


Randomness In The Premium Bonds Market Some people wonder about the randomness of the premium bonds lottery that..


Premium Bonds And The Unluckiest Man In Great Britain There have been many success stories about premium bonds, but there are..


Bizarre Facts About Premium Bonds Premium bonds marked their fiftieth anniversary in November 2006. They have been..



Related Videos:

Related News:

 
ECB's Draghi: credit crunch averted, bond spreads overshooting - Reuters

    

The Guardian

ECB's Draghi: credit crunch averted, bond spreads overshooting
Reuters
He also said the risk premium on euro zone government bonds was likely to remain high for an extended period, despite budget deficit cuts, economic reforms and moves to strengthen Europe's fiscal discipline and financial firewalls.
ECB funding may breed complacencyMarketWatch (blog)

all 220 news articles »



Junk Bonds Climb Above Par Value for First Time Since August - Barron's (blog)

    

ETF Daily News

Junk Bonds Climb Above Par Value for First Time Since August
Barron's (blog)
The average junk bond now offers a yield of 7.55% and a risk premium of 6.58 percentage points over comparable Treasury bonds, according to the Bank of America index, while the junk-bond market is now up 2.79% in 2012 to date. The riskiest bonds are ...
On Junk BondsSeeking Alpha

all 16 news articles »