Rates are dropping fast
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I have been rolling cash into bonds and preference shares, but the yields on those are also dropping rapidly. On the plus side, this does mean prices are rising, but I wish they'd waited until I'd bought my fill!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
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Does anyone know of a website/source of statistics showing how average instant access savings rates change over time?
I want to get a sense of what's happened before... mostly because i want to know if rates will rise again soon.0 -
i want to know if rates will rise again soon.
So you might as well help the economy by going down the shops and blowing the lot0 -
I want to get a sense of what's happened before... mostly because i want to know if rates will rise again soon.
There's no prior event in history on which to base a forecast.
Until the wider economic and financial (bank) issues are totally addressed. We will remain in unchartered waters.
Banks like consumers and Governments. Need to deleverage. So the BOE will continue to intervene to provide financial stability.0 -
2015? Oh.
So this series of events is unique, but have rates been this low in the last few years? Or is the worst it has been?0 -
Does anyone know of a website/source of statistics showing how average instant access savings rates change over time?
I want to get a sense of what's happened before... mostly because i want to know if rates will rise again soon.
http://swanlowpark.co.uk/bank0604.jsp0
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