We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Rightmove December, down as expected.
Options
Comments
-
HAMISH_MCTAVISH wrote: »
!!!!!!, I like arguing!!!!!! It's recreational for me. It's not that difficult to understand.
I agree, its not that difficult to understand. You are clearly a depressed little hermit with a life that has massive voids in it. To fill the voids and improve your low self esteem you come onto a board where you berate those less fortunate than yourself, and feel good about it.HAMISH_MCTAVISH wrote: »
I am based from home, work long hours, and am usually online anyway. This is stress relief. A typical post takes a couple of minutes to make or less. Even if my post count nearly doubled to 10 or more a day, it's a small amount of time from a 12 to 15 hour work day.
If you didn't spend most of your day on MSE and HPC you could work fewer hours. Simples. Your posts alone in the last 12 months would have taken about 70 hours. Add to that the time spent reading the posts of others, searching for the many articles you quote in your threads, and of course reading HPC, which you clearly still do. You have probably wasted about a month of your working year.HAMISH_MCTAVISH wrote: »Other people have Hobbies, interests, partners and children. I post on MSE.
FiXed for you.0 -
Harry_Powell wrote: »Where are your £100k savings held, what funds are your £100k pension invested in?
Why do you know your mortgage amount, yet talk in vague '5 figure sums' in your pension and savings? How much have you actually got in savings and pension (to the nearest £1k would suffice).
Because the bulk of my assets are in property, so that I watch closely. The savings are small change by comparison, about a years joint income there primarily as a hedge against unemployment or for major purchases, not for risking on high returns or illiquid investments.
Besides, the mortgage people send me a statement every month. The pension people don't, and I'd have to go and dig up the paperwork to see what it was valued at last time to get it to within 1K for you. I don't even remember the name of the fund. If I was lying, I'd make up some numbers (which you still wouldn't believe) and google a fund with good returns. I'm not, and I can't be bothered.
What you can't seem to understand, is that many of us focus on property as an investment we understand, that we can happily also live in and enjoy. I have neither the time nor inclination to fanny about researching pension funds and savings accounts trying to milk every last penny from an interest rate. Neither of those investments can ever provide the returns property does, because they don't have the scale. A 1% return on the houses is more than a 5% return on the savings account, because of the difference in value and initial leverage.
You may be the type of person that sits around every month, poring over every last detail of their bank balance and pension funds, or spending hours researching daily market charts..... Desperately trying to make it grow enough to retire on. But I'm not. Property has already given me enough to retire on.... From the same amount I'd have wasted in rent anyway!!!!! Anything from here is just gravy.
If that makes you feel better about your financial knowledge, then so be it.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
not another thread thats turned into a pick on Hamish thread
doesn't anyone have any Hobbies, Interests, Partners or children to spend their time with instead of picking on Hamish0 -
HAMISH_MCTAVISH wrote: »As you've managed to come across as only bitter and resentful so far, I'll give you a chance to redeem yourself.
Try answering the question you're swerving around..... and the many illogical points you raise.
With a mortgage of around 150K, and savings of around 100K, which is better, low interest rates or high ones?
If I wanted to talk up the housing market, would I not pick a forum with more than 30 posters? For that matter, how can posting on any forum, here, hpc, etc possibly impact a housing market with nearly 60,000 mortgage approvals, and almost 90,000 transactions per month? Are you deluded enough to think your posts here or on hpc make the slightest bit of difference to the market?
How does bank base rate impact a pension fund invested in equities?
Why would I want to argue with people about savings products? Surely those boards are for advice, not debate?
I note you've still not answered these points....:rolleyes:“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
If you didn't spend most of your day on MSE and HPC you could work fewer hours. Simples. Your posts alone in the last 12 months would have taken about 70 hours. Add to that the time spent reading the posts of others, searching for the many articles you quote in your threads, and of course reading HPC, which you clearly still do. You have probably wasted about a month of your working year.
Hahha, you must be the slowest typer on the planet.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
not another thread thats turned into a pick on Hamish thread
doesn't anyone have any Hobbies, Interests, Partners or children to spend their time with instead of picking on Hamish
They've all come over from hpc en-masse today..... Must be the Trolls X-Mas outing.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
-
I agree, I think some posters have a go at specific users as a hobby.
Indeed.
And all because we dare to use real world examples to illustrate the obvious.....
Low rates are better than high rates for anyone with a mortgage amount greater than the cash in their savings accounts. Even if that mortgage is a very low income multiple, and the savings are in 6 figures.
I'd suspect most of the 12 million or so mortgage holders are in a similar position.
So whilst I can see why the renters would complain, high rates simply don't work well for most people of working age.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards