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Once inflation rises interest rates will rise rapidly as well

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Comments

  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    edited 27 August 2010 at 7:02PM
    Exocet wrote: »
    OK, I have a theoretical hundred pounds to invest. I also need ready access to it. Do you know of any housing I can invest in?

    Yes, I have a theoretical one that fits the bill.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Heres a lesson for you...

    The stock market isn't a saving product.

    Anything else I can be of assistance with, just ask :)

    Not true, you can save into a stock market investment e.g. ISA tracker, most people don't put it all in at once, anything else I can help you with, just ask icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    StevieJ wrote: »
    Not true, you can save into a stock market investment e.g. ISA tracker, most people don't put it all in at once, anything else I can help you with, just ask icon7.gif

    I've highlighted your problem :)

    Problem being, I said saving product which kept up with inflation.

    You could put 5k into an ISA, and find you have got 3k a year later.

    You'll get there, I'm sure :)
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    I've highlighted your problem :)

    Problem being, I said saving product which kept up with inflation.

    You could put 5k into an ISA, and find you have got 3k a year later.

    You'll get there, I'm sure :)

    Some products will outperform inflation, some won't.

    It's not possible to tell the future, and nothing is guaranteed.

    Comprende? :)
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Malcolm. wrote: »
    Some products will outperform inflation, some won't.

    It's not possible to tell the future, and nothing is guaranteed.

    Comprende? :)

    Is the stock market a savings product?

    Yes...or...No?

    Simple really isn't it. Though I'm sure there could be some argument created from it.
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    Is the stock market a savings product?

    Yes...or...No?

    Yes. ;)

    Savings.
    Portion of disposable income not spent on consumption of consumer goods but accumulated or invested directly in capital equipment or in paying off a home mortgage, or indirectly through purchase of securities.

    Product.
    It is usually a bundle of tangible and intangible attributes (benefits, features, functions, uses) that a seller offers to a buyer for purchase.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    If most people failed in their job for 41 months out of 50 they would be out the door a long time ago, so fast.....! Time to fire Marvin Mervin and his team of idiots on the MPC.

    Easy job is't it juggling an inflation target with economic stability . TBF they have done a far better job than anyone on here could have hoped.

    Still got a banking system, stablised house prices (ish) and out of recession.

    Mind you not sure that is better for some on here.
  • Exocet
    Exocet Posts: 744 Forumite
    Really2 wrote: »
    Easy job is't it juggling an inflation target with economic stability . TBF they have done a far better job than anyone on here could have hoped.

    Still got a banking system, stablised house prices (ish) and out of recession.

    Mind you not sure that is better for some on here.
    Nice to see the 'gang' on here tonight. Yes, they've spent billions that we didn't have to paper over the cracks - how long to gauge the success do you think? 10 years? 20? 50?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Malcolm. wrote: »
    Yes. ;)

    Savings.
    Portion of disposable income not spent on consumption of consumer goods but accumulated or invested directly in capital equipment or in paying off a home mortgage, or indirectly through purchase of securities.

    Product.
    It is usually a bundle of tangible and intangible attributes (benefits, features, functions, uses) that a seller offers to a buyer for purchase.

    Yer, and next, the stock market will be capital equipment!

    Once questioned, thats it, you lot will spout any old guff!
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Exocet wrote: »
    Nice to see the 'gang' on here tonight. Yes, they've spent billions that we didn't have to paper over the cracks - how long to gauge the success do you think? 10 years? 20? 50?

    Care to expand on that? Would inflation not been higher had they not stablised the economy.

    Why are people so desprate to have high inflation and a high base rate? (other than to try to get people to default?)

    It will screw savers even more than now. Also looks like people are forgetting those poor pensioners a bit quickly.;)

    sustained high inflation needs to be fed, so if we get high inflation wages will go up. If they don't it will fall again as people buy less.
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