Of course not. Don’t forget to tell Ellie that.
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Coronavirus bounce back loan
- Thread starter Mottie
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Will do. I’ll probably have enough to buy myself a Big Mac meal (supersized) for Christmas.
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Mottie, is that you and Ellie?
Andy
Nah, he has his Christmas party with all his friends in the phone box at the top of his street....Mottie, is that you and Ellie?
Andy
Wheres there an account that pays interest worth having these days?
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E
EddieM
There's a few introductory rates, but really you'll struggle to get anything worthwhile, unless you have a massive deposit.
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Just had a letter from Santander cutting my interest rate from 1% to 0.1%
I have few quid in this https://www.invesco.com/us/financial-products/etfs/product-detail?ticker=PGHY
Pays out over 5% a month
I have few quid in this https://www.invesco.com/us/financial-products/etfs/product-detail?ticker=PGHY
Pays out over 5% a month
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Yes indeed - its a junk bond. So there is the risk to the capital.
I wonder if we will ever get back to interest rates around 5% in high street banks.
I wonder if we will ever get back to interest rates around 5% in high street banks.
Change that stuck record you pathetic old scrounger
The only thing that gives a decent return is property and renting it. Maybe renting anything. I saw an add that even cars can give a return. Sounded like some sort of start up that can't afford to buy the cars themselves. I'd guess renting anything gives a better return than the usual places to put money.
If the property bubble busts which it hasn't for a long time now I suspect we will be in deep shiete.
If the property bubble busts which it hasn't for a long time now I suspect we will be in deep shiete.
We...?
It'll certainly be a kick in the nuts for the Rigsby, buy-to-let parasites.
Fair play to mottie too.
most people live in one house. If they sell one it's to buy another. Asset price inflation has little effect on them.
However asset price inflation has a severe effect on the person who has no house and wants to buy one.
When a young couple have to rent because they can't pay a mortage on a home, but they're paying somebody else's mortgage on one of their homes, there's something wrong.
However asset price inflation has a severe effect on the person who has no house and wants to buy one.
When a young couple have to rent because they can't pay a mortage on a home, but they're paying somebody else's mortgage on one of their homes, there's something wrong.
Just like any other business.
No, I don't have any.
No, I don't have any.
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Same as index linked final salary pensions? The company who offered the scheme has to put Money in to the pot from somewhere and that money comes from higher consumer prices. Take council tax for example - a big chunk goes to pensions, and government services in general. Paid for by young people who don't have final salary pensions. There's something wrong.
Profit - charging someone more than it cost you - immoral - something is wrong.
People need to make their money work so thay can avoid being a parasite on the tax payer.
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