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BoE to start printing money

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Comments

  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    mr.broderick wrote: »
    Then the forum was worth it.

    Yeah, occasionally. :D;)
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    For those with investment on thier mind, I own some flats in Germany, which I am thinking of selling. The yield is 14% or 31400 euros pa. The price circa 200,000.

    A property manager takes care of all the day to day running.
    My German business partner (who owns these jointly) lives in London and he would offer to oversee the management, the details of which could be written into a UK law binding contract.

    We are thinking of selling as we want to invest in a run down hotel over there - a bit a of a dream thang really.
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    Conrad wrote: »
    For those with investment on thier mind, I own some flats in Germany, which I am thinking of selling. The yield is 14% or 31400 euros pa. The price circa 200,000.

    A property manager takes care of all the day to day running.
    My German business partner (who owns these jointly) lives in London and he would offer to oversee the management, the details of which could be written into a UK law binding contract.

    We are thinking of selling as we want to invest in a run down hotel over there - a bit a of a dream thang really.

    Hi Conrad I couldn't possibly comment on the investment potential of these flats but in classic dragons den dialect "I'm out".
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    mr.broderick wrote: »
    Then the forum was worth it.

    stop trying to chat up the girls Brodders!!! :rotfl:
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    chucky wrote: »
    stop trying to chat up the girls Brodders!!! :rotfl:

    tis better than when he called me 'Sir':confused:

    anyway....printing money?
  • Wookster
    Wookster Posts: 3,795 Forumite
    There is a really good article on QE in todays Independent:

    http://www.independent.co.uk/news/business/comment/jeremy-warner/jeremy-warner-bank-resorts-to-extreme-solutions-possibly-lethal-too-1626071.html
    Quantitative easing (QE) here we come. QE is the fancy term for increasing the money supply, or turning on the presses and printing money. Nothing exactly like it has been tried before on these shores, but something similar has, and on virtually all occasions it has proved disastrous.
  • purch
    purch Posts: 9,865 Forumite
    Is there a way to invest in it safely without actually handling it?

    Oh you want to handle it :cool:

    I use one of my Kilobars as a paper-weight :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    purch wrote: »
    Oh you want to handle it :cool:

    I use one of my Kilobars as a paper-weight :eek:

    Hi do hope that is gold or you wil have dopester round.:)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    :confused: Don't bring me into it! I will have that verbose Devon character on my back again :eek:
    you mean the chap the man that preaches to everyone and doesn't listen to anyone :confused:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    you mean the chap the man that preaches to everyone and doesn't listen to anyone :confused:

    Yeah, you got him :D
    '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
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