Are You A Angry Saver?

lostinrates

stevetodd wrote: »

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

Timing is not the only issue for those buying a long term home. I'm looking for something very specific, not just a good investment, infact investment is not the issue at all for us really.

We do have an ING account, but for various reasons I have not got anything in there ATM but that is likely to change, for that IR. (also ex KE )

Really2

I have a mortgage and savings and i know the country is in the !!!!!! so I dint expect a return on my savings.
I do not expect a wage increase either.

At what point in time was it a given right to be given money?

Perhaps all people in NE should hand back the keys so it destroys the currency and everyones savings?

I don't think they should but they are a group who are actually losing money, but savers are not they are just not making as much interest.

stevetodd

lostinrates wrote: »

Timing is not the only issue for those buying a long term home. I'm looking for something very specific, not just a good investment, infact investment is not the issue at all for us really.

We do have an ING account, but for various reasons I have not got anything in there ATM but that is likely to change, for that IR. (also ex KE )

Well TBH I am very fussy too, to the point where I might not even find anything to buy. I am only looking in 2 very specific areas and I will not compromise on what I want because I am in for the long term and you only really get the best return by providing what tenants actually want.

This recession has also made me realise more than I already did that there is a lot more to life than just money, so if I can't buy anything it's not the end of the world

LittleMissAspie

No I'm not, because I'm saving for a house.

Really2

LittleMissAspie wrote: »

No I'm not, because I'm saving for a house.

I agree anyone saving for a house should not be angry as HPI is running very negative.

Negative hpi = Money inflation for house purchaser.

poppysarah

I'm angry because all the money they create and give to the bankers isn't going to actually help.

They are not sure how much they are going to be "making" and so far it was at 75bn this morning and by this afternoon it's 150bn.

This morning's figure turned the pound into your pocket into about 96p. I assume it's not worth about 92p. Well done there Mr Bank of England man.

Really2

poppysarah wrote: »

This morning's figure turned the pound into your pocket into about 96p. I assume it's not worth about 92p. Well done there Mr Bank of England man.

That is not true the £ went down a tiny, tiny bit against the $ and went up against the euro.

You can still buy with that £ what you could yesterday.

PasturesNew

I'm angry because it's no longer enough to live on ... in fact, it looks like from this month forward my total income from everywhere might not even get out of tax free earnings land.

No jobs to apply for either.

Sort of didn't expect this.

mr.broderick

PasturesNew wrote: »

I'm angry because it's no longer enough to live on ... in fact, it looks like from this month forward my total income from everywhere might not even get out of tax free earnings land.

No jobs to apply for either.

Sort of didn't expect this.

Don't worry hun it will be sortofok.

thegibdog

geoffky wrote: »

Allow for free higher education to be available to all.

Whoa, they tried to sneak that one in under the radar, didn't they?! What's that all about??