Isla;317603 wrote: The return is apparently around 3% on average. So for some people it's thousands, for many others, nothing. But they're easy and reasonably quick to get into and out of again.
Well 3% is all the banks are paying so maybe worth a gamble
The diff is that the bank rate is a guaranteed return 
Take a break...while I take care of your home, your block, your pets, your stock!  PM me...
I have no idea what the odds are of winning a car, but I have a friend who got one a couple of years ago. I suppose it depends on whether you're a gambler or not...
11 acres (4 in QEII Covenanted native bush), 15 sheep, 2 beefies, large vege gardens and a goat, and still no dog!
Oh, and uncountable wild birds - including fantails, swallows, yellowhammers, morepork, magpies, hawks, pukekos, and even quaill, pheasants and rainbow lorikeets  Not to mention possums, hares, rabbits, rats...
Anyway, I used to get a collect every month and it certainly paid better than the banks.
Perhaps you could leave some on term deposit and put some into Bonus Bonds.
I suspect the size of the "block" these days would need to be a minimum of $5000 for you to get a collect every month.
As has been said, its easy to get into and very easy to withdraw out of when you need your cash.
However, a friend of ours had $3000 invested and won $10,000, so it can happen.
Did you know, that what you thought I said, was not what I meant :S
Like I said, it sure beats lotto cos you can get your money back and the odds are about the same.
But really, over a few months just how much money(interest) would you have gambled?
To test the theory that we are more lucky than other people we put $5000 into the kids bank accounts and $5000 into bonus bonds. So far the bank is far better.
So, quoting those immortal words of Clint Eastwood in the Dirty Harry films, "How lucky do you feel punk?".
You're on the lucky side of the calculation then. The 3% is averaged over all bonds holders. A few get much more, most get nothing or not much more. One ought of course to calculate the value of insanely hoping you'll get lucky, which obviously sustains great numbers of people. [}]
sod;317659 wrote: We have a smallish amount and have won well more than 3% per year