Spend it now... because in 3 years it's value will halve

TRUSt_NO_1_2

work it out

Aegis

Or better yet, don't.

TRUSt_NO_1_2

Craig12 wrote: »

Anyway, whats the point of doing anything, 2012 is when we all die anyway!

Before or after the Olympics ?

Because if it's before I'm not buying anymore DreamNumber tickets,as at odds of 20-1 I think they are a complete rip-off.But being a fervent patriotic,I thought I'd go the extra mile and forgo my little luxuries in the hopes of seeing the British team win the 3 day event led by the 26th descendant to the crown , (you know the girl with the tooth brace sponsored by McAlpine).

It's all I have lived for.

Lokolo

TRUSt_NO_1 wrote: »

Aegis...are an independant (do it by yourself) F.A.

Well worth the fees ?...NOT

At least you didn't call me a BIGOT

You realise that post makes you look like a !!!! yes?

NeverInDebt

Yes spend it now because you never know whats around the corner

Doom and gloom merchant

TRUSt_NO_1_2

Lokolo wrote: »

You realise that post makes you look like a !!!! yes?

4 letters ?

Go on give me clue .....

Or better still ..don't.

Aegis

Lokolo wrote: »

You realise that post makes you look like a !!!! yes?

I certainly realised that, so I thought I'd just let him dig an even deeper hole for himself rather than replying directly

sabretoothtigger

A loss of half in three years would be about 20% inflation from here on. Its not impossible, its happened before I think but I think 10% is probably more realistic presuming the government can stop spending more then they receive in taxes

10% loss per year would be 27% less which turns £1000 in a mattress into £729. Better to buy an actual nice mattress, I agree with buying essentials sooner then later. Wasting it on junk obviously represents a 100% immediate loss, which would miss the point

5% would be 14.3% and £857 by 2013


The idea of saving more then a deposit for a house rather then buying it with a mortgage, I'd disagree with too. Interest rates would not be the highest cost in that case.

If house prices keep rising and it makes no sense, this would explain it imo

C_Mababejive

Craig12 wrote: »

If I spend the money, I then don't have to show how well off I am. The reality is that people don't believe you if you say you have £10,000, you actually have to show them, which I did. I even let them touch the money amd check it all out. It works every time and now I have several people who are envious of me, because they have a lot less money then I do.

But i could make you envious of me

artha

sabretoothtigger wrote: »

A loss of half in three years would be about 20% inflation from here on. Its not impossible, its happened before I think but I think 10% is probably more realistic presuming the government can stop spending more then they receive in taxes

are you saying that you think that annual inflation of 10% in the short term is a realistic appraisal of the current outlook?

mbga9pgf

If anyone thinks there is going to be serious asset inflation over the next 10 years, they need to think again. VAT up to 20% will increase CPI, but merv wont rise rates for fear of double dip.

Want to suggest what an extremely tight fiscal position is going to do for inflation over the next decade?

Is there much difference between rising taxes by 6p in the pound and increasing interest rates significantly? No growth, no long term inflation. The only inflation will come from increasing tax grabs....

We are so highly endebted that any slight decrease in monthly disposal will have a huge knock on to the real economy. The rest of the worlds economy is is in just a bad situation as ours.