Worried about inflation killing my savings

Hereward

This thread is over 2 years old. Why has it been resurrected?

olbas_oil

smeagold wrote: »

download this, it's free.
The Inflation Mega-Trend Ebook Download

QUOTE]

I wouldn't bother. Firstly you have to sign up to a newsletter and when you do get the pdf you find it's even older than this thread! It begins with an inflation forcast for 2009 and then goes on to say how hard it is to predict interest rates in 2010-11. (he goes for small 0.25% rises in June, August & September 2010, with a range of 1.5% - 2% at the end of 2010).
Now I'm not knocking Mr Walayat's forcasting ability - I'm sure I'd have been even further out - but if you want a guide to 2010, get a newspaper. There's no point in downloading this pdf!

jimjames

the_commander wrote: »

Lol, Thanks guys, I am worried about the inflation to come in a couple of years. The banks interest rate is so abysmal that it may not keep track with inflation. I will check out the recommended cheers.

I may also take a toke of Lilac_lady's pipe!

Someone seemed on the mark for spotting the coming inflation, far more so than the person in that download!

If only you'd invested in shares in early 2009 the growth would have covered inflation for some considerable time.