Are You A Angry Saver?

stevetodd

Surely others like me saw this coming and put their cash into fixed term bonds

geoffky

stevetodd wrote: »

Surely others like me saw this coming and put their cash into fixed term bonds

depends how many of them you have got some have one or two some of us have 22 ending at different times..:rotfl:

mewbie_2

stevetodd wrote: »

Surely others like me saw this coming and put their cash into fixed term bonds

Yep <smug>. Got a chance to win a million each and every month.

lostinrates

stevetodd wrote: »

Surely others like me saw this coming and put their cash into fixed term bonds

Although, thanks in great part to my obcession with this forum, the writing on the wall was there I have not fixed my savings and now get no return on them, because I want to remain able to buy a house should I find the right one.

stevetodd...I'm really confused who you are, my memory is very bad and I'm going to read some old posts because in my mind I think you are someone else than its evident you are from recent posting....I'm only explaining that in case I refer to something and sound a bit stalkerish.:o

Cannon_Fodder

Rochdale_Pioneers wrote: »

My congratulations to you. You win Frootloop of the Week award.

Typical of Nulab arrogance, to belittle any voice of discontent.

Ignore pensioners at your peril - about 10 million of them, more than enough to end our misery.

stevetodd

lostinrates wrote: »

Although, thanks in great part to my obcession with this forum, the writing on the wall was there I have not fixed my savings and now get no return on them, because I want to remain able to buy a house should I find the right one.

stevetodd...I'm really confused who you are, my memory is very bad and I'm going to read some old posts because in my mind I think you are someone else than its evident you are from recent posting....I'm only explaining that in case I refer to something and sound a bit stalkerish.:o

Hi, I like you I am waiting to buy (but I also have a few investment properties that I bought in the last recession, I never bought enough and was a bit too cautious to buy more once prices started going up (apart from one house)).

I have tied about 60% of my money up long term but unfortunately a chunk of it matures this month, for the very same reason you are citing. I wanted it available to buy with, but unfortunately now is obvioulsy a bit soon.

1984ReturnsForReal_2

Pastyman wrote: »

My wife has created an e-petition asking the Prime Minister to guarantee contributions made by employers and employees into personal pension schemes.
If you agree please follow this link to sign.

http://petitions.number10.gov.uk/pensionguarantee/

Where do I sign if I dont agree?

Where do I sign to say personal risks are indeed personal riskes?

Where do I sign to say "personal pensions" have contributed to unsubstainable market inflations making poor peolple poorer & any (sensible) rich person who saw this coming richer?

Where do I sign to object to those that moan when things dont go their way when they knew it was a gamble?

lostinrates

stevetodd wrote: »

Hi, I like you I am waiting to buy (but I also have a few investment properties that I bought in the last recession, I never bought enough and was a bit too cautious to buy more once prices started going up).

I have tied about 60% of my money up long term but unfortunately a chunk of it matues this month, for the very same reason you are citing. I wanted it available to buy with, but unfortunately now is obvioulsy a bit soon.

I think liquidity might be more of an issue to people, like I, buying one home, at maximum of afordability that will not be making a return via rent IYSWIM. Its foolish for me not to have the largest possible accessale deposit and be ale to mimise orrowing because there will be no new income to offset that borrowing against.

I'm having a brain freeze with words ATM. I hope the above makes sense.:o:o

Rochdale_Pioneers

Cannon_Fodder wrote: »

Typical of Nulab arrogance, to belittle any voice of discontent.

Ignore pensioners at your peril - about 10 million of them, more than enough to end our misery.

Oh give over - the specific points he was advocating were utter cobblers. Unless you agree with the concept that buying a house is a fundamental right that should be backed up by government......?

stevetodd

lostinrates wrote: »

I think liquidity might be more of an issue to people, like I, buying one home, at maximum of afordability that will not be making a return via rent IYSWIM. Its foolish for me not to have the largest possible accessale deposit and be ale to mimise orrowing because there will be no new income to offset that borrowing against.

I'm having a brain freeze with words ATM. I hope the above makes sense.:o:o

Yes I agree the problem is tying up to a decent bond and it maturing at the right to buy, I always suspected this autumn or next spring would be the best time. But just in case I put some of my cash into a fixed bond that matured this month (I always knew that was a mistake). Looks like I will park it into the ING account (for ex Kaupthing Edge customers) as it pays 3.51% instant access but only for 6 months