Bears in Despair Part 4.....

Really2

Thrugelmir wrote: »

No one could have predicted base rates remaining so low

Disagree there we knew rates were going to go low, perhaps not 0.5% but we did know for sure once there they were going to stay low for a year at least.

I would have never jumped on the good ship tracker otherwise.

Thrugelmir

chucky wrote: »

is this an assumption, speculation or fact that this will happen?

Its a fair assumption that the tax rates will change across the board. Capital gains applies to a far wider spectrum of assets than just property.

The budget deficit has to be plugged.

Of all people Mr C I'm surprised that you aren't weighing up the implications?

Thrugelmir

Really2 wrote: »

Disagree there we knew rates were going to go low, perhaps not 0.5% but we did know for sure once there they were going to stay low for a year at least.

I would have never jumped on the good ship tracker otherwise.

When did take your tracker out?

HAMISH_MCTAVISH

Thrugelmir wrote: »

No one could have predicted base rates remaining so low or using QE to improve liquidity in the banking system. .

I did....

I saw lower rates coming back in 2007, and got on a tracker, despite rates rising at the time.

I then predicted ZIRP and QE several months before either happened, and it's in writing and saved for posterity over on hpc....

chucknorris

Really2 wrote: »

Disagree there we knew rates were going to go low, perhaps not 0.5% but we did know for sure once there they were going to stay low for a year at least.

I would have never jumped on the good ship tracker otherwise.

I've had trackers as far back as I can remember, I never did go for those gimmicky 2 years at a low rate products then back to the SVR (or worse)

chucky

Thrugelmir wrote: »

Its a fair assumption that the tax rates will change across the board. Capital gains applies to a far wider spectrum of assets than just property.

The budget deficit has to be plugged.

Of all people Mr C I'm surprised that you aren't weighing up the implications?

i'm not really bothered if it goes up or stays the same.
capital gains tax increasing by only 5% isn't really going to be a problem.
if it has to be paid it has to be paid.

i can't see 5% happening by the way - it will be a big political no-no for any governement.

Thrugelmir

IveSeenTheLight wrote: »

It's not the first time that thruglemir has mooted CGT changes in the next budget.
Maybe he knows something we don't. Else there's a hiint of hope with the repeated gesturisation.

So what do you expect to happen in the post election budget?

As an investor I would be weighing up all the possible implications depending on ones circumstances.

Really2

Thrugelmir wrote: »

When did take your tracker out?

Sept 2008.

edit.

I don't think it completed until mid Oct though. But the application was Sept so I got the Sept rate.

Thrugelmir

chucky wrote: »

i'm not really bothered if it goes up or stays the same.
capital gains tax increasing by only 5% isn't really going to be a problem.
if it has to be paid it has to be paid.

i can't see 5% happening by the way - it will be a big political no-no for any governement.

Why? It affects a small %.

The UK is in financial straight jacket so there won't be many no-no areas. Being complacent is a dangerous game.

Thrugelmir

Really2 wrote: »

Sept 2008.

Superb timing. :beer: