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Guarduan/Reuters: BoE to cut to 1.5% in Dec

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Comments

  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Dithering Dad

    You said above people aren't born bears or bulls, but I've read some psycholgists works which makes the case people are imprinted in infancy by minute to minute events that have a heavy baring on your optimism / pessimism mix. Core traites are also passed on in genetic material.

    My Mums a pessimist - her default instictive reaction is pessimistic.

    We can modulate our core instincts, and yes fluctuate between being more or less bearish / bullish though.

    "Pessimism aint what it used to be"
    Yogi Bear
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    :beer:
    epz wrote: »
    me to, im about to start a weeks drinking holiday in glasgow as lots of my mates are back home from all over the world

    Stay away from the Buckfast.
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • napoleon
    napoleon Posts: 611 Forumite
    chucky wrote: »
    what great news - i'll be able to pay off my residential offset mortgage even cheaper and probably take cash out from the offset to buy additional property for even less.

    especially during the next 6 months which will be very tricky for some sellers. it's smashing news!!
    Good news for a buy-to-let slum landlord is bad news for tenants I'm afraid
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    napoleon wrote: »
    Good news for a buy-to-let slum landlord is bad news for tenants I'm afraid

    too right!!
  • Conrad wrote: »
    Dithering Dad

    You said above people aren't born bears or bulls, but I've read some psycholgists works which makes the case people are imprinted in infancy by minute to minute events that have a heavy baring on your optimism / pessimism mix. Core traites are also passed on in genetic material.

    My Mums a pessimist - her default instictive reaction is pessimistic.

    We can modulate our core instincts, and yes fluctuate between being more or less bearish / bullish though.

    "Pessimism aint what it used to be"
    Yogi Bear

    People can be born optimists or pessimists, but that doesn't really equate to bears and bulls. I'm generally an optimist in life, but I was pessimistic over the short term about the housing market and stockmarket and therefore became decidedly bearish about those areas, even though I was optimistic about everything else in my life.

    People may be of a pessimistic bent, but still be bullish about a stockmarket and start investing. If they weren't then they would never have invested in the first place. Not many people invest in the stockmarket with the intention of losing money.
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    !!!!!!? wrote: »
    Tut tut, why the surliness? I posted something which must unquestionably be great news for those thinking the recent cut was fantastic? :confused:



    In a county which imports massively more than it exports
    .

    Which county is that?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • napoleon wrote: »
    Good news for a buy-to-let [STRIKE]slum[/STRIKE] landlord is bad news for tenants I'm afraid

    I don't understand, why would a lowering of interest rates which can help a landlord, be bad news for tenants?
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • stevetodd
    stevetodd Posts: 1,016 Forumite
    Speak for yourself - we've had holidays in the UK every summer since 2005. I hope the rest of you will continue to push off to Spain and leave the UK for us (-:

    We holiday in the UK too (since 2006), although I don't know what he means as we find it's much more expensive to holiday here in the UK, we do it because we can enjoy having our dog with us. He's worth every extra £
  • TDS_2
    TDS_2 Posts: 261 Forumite
    stevetodd wrote: »
    We holiday in the UK too...we do it because we can enjoy having our dog with us.

    Your dog smells.
    Hello.
  • stevetodd
    stevetodd Posts: 1,016 Forumite
    TDS wrote: »
    Your dog smells.

    Is the correct answer! well done! yes he does smell things with his fully functional nose, a dog with a nose, whatever next.
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