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Dave-G
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I bought a single up and over lock up garage for about £6k in 2014. The garage came with a battered 300SL Merc in it which I immediately sold to a mechanic friend for about £5k.

I could rent the garage out but I don’t - I store building materials, pallets of amtico and I let a friend’s dad (a now retired plumber) store the residue of his tools and materials in there and he in return maintains it, does odd plumbing jobs for free and was kind enough to sell me his work van when he retired for £1500 (a 1 owner from new Toyota HiAce with full main dealer service history and about 200k on the clock).

The garage is now worth somewhere between £10k and £15k and the van twice what I paid for it - Ive recently lent the van to a painter and decorator who blew his van up in the heavy rain when he drove through a flooded road, in return for him painting my buy to let in Felixstowe for £100 a day. The Dulux trade paint he is using I bought in bulk off someone on Facebook market place and collected it in the same van.

None of this is remotely linked to my real day job 😆

I would urge anyone with premium bonds to stretch their thinking a little further when it comes to doing something better with their money.

Edited by Mungler
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19 hours ago, Mungler said:

I bought a single up and over lock up garage for about £6k in 2014. The garage came with a battered 300SL Merc in it which I immediately sold to a mechanic friend for about £5k.

I could rent the garage out but I don’t - I store building materials, pallets of amtico and I let a friend’s dad (a now retired plumber) store the residue of his tools and materials in there and he in return maintains it, does odd plumbing jobs for free and was kind enough to sell me his work van when he retired for £1500 (a 1 owner from new Toyota HiAce with full main dealer service history and about 200k on the clock).

The garage is now worth somewhere between £10k and £15k and the van twice what I paid for it - Ive recently lent the van to a painter and decorator who blew his van up in the heavy rain when he drove through a flooded road, in return for him painting my buy to let in Felixstowe for £100 a day. The Dulux trade paint he is using I bought in bulk off someone on Facebook market place and collected it in the same van.

None of this is remotely linked to my real day job 😆

I would urge anyone with premium bonds to stretch their thinking a little further when it comes to doing something better with their money.

You are sounding more and more like Arthur Daley…….

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  • 4 weeks later...

And again - that's £25 two months on the trot. :)

We use Premium bonds like an easy access savings account, starting with 6K, we drew out 3K.  The £50 winnings is on the remaining £3K - now with an extra £50. 

Edited by Dave-G
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On 03/11/2021 at 15:51, Cosmicblue said:

Congrats!

Even with the max £50k investment - three months on the trot - zero/zilch.  Got 2x£25 this month.  Stands at £375 so far this year - not exactly a startling return 😊

You say that but atleast the 50k you have in there isn't going to go down in value ever, so you are in effect £375 better off for doing it

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