When will UK interest rates rise? - Markets Suggest 1% is still 5 years away!

Mr._Pricklepants

DervProf wrote: »

I answered your questions, but you seem to be rather dismissive.

Because your stories don't add up.

for someone who (to resume)
- bought before the HPI boom
- has been paying off 10-15 years of their mortage
- has enjoyed 15 years of wage inflation
- probably took out a mortage originally on a rate between 6 and 9%
- has overpaid
- could currently remortage on hugely favourable rates with the equity in place

for someone like that to come into the year 2013 and now stating they are struggling? Come on.

Now I know you will cling on stating it's the honest truth, but I call it BS. Don't despair though, maybe someone else on here will be less dismissive of your fairy tales.

Harry_Boyle

It is laughable how these Bears tie themselves in knots with their nonsense. It's entertaining though. Just sit back while they invent a story to back up their outlandish claims and see them become evermore frantic as it unravels before them. :rotfl:

DervProf

Mr._Pricklepants wrote: »

for someone like that to come into the year 2013 and now stating they are struggling? Come on.

I don't think I stated he is struggling. He has told me that he is noticing how much less money he has at the end of every month.

I think the kind of info that you might believe is that I have another friend, who is in the plastering business. He is doing better than ever.

DervProf

Harry_Boyle wrote: »

I'm not sure if you're one of the people who berate people for mentioning their successful financial plans, but as you responded I'm led to assume so?

I have berated RenoMan for repeatedly mentioning his, so far, successful financial plan.

He used to claim that it was usefull to discuss personal financial details, and to a degree, I agree with him. What he failed to realise is that he kept on about it, which made it appear he was bragging. He also failed to realise that what he did would only help a small minority of people on good salaries and who were willing to "gamble" on low interest rates.

DervProf

Mr._Pricklepants wrote: »

Now I know you will cling on stating it's the honest truth, but I call it BS. Don't despair though, maybe someone else on here will be less dismissive of your fairy tales.

The only thing I despair about is that I am passing on some real world experience and trying to have an honest, reasonable discussion/debate about current interest rates and their effect on people's lives, and you seem to be wanting to avoid the conversation or try to make out that I am lying.

Harry_Boyle

DervProf wrote: »

I have berated RenoMan for repeatedly mentioning his, so far, successful financial plan. .

Oh OK. Could I ask why you cared so much about this guy, who you have never met, seen or even know the name of, posting information about his financial plan on this anonymous financial forum?

Have you had a pattern of behaviour of berating strangers on financial internet forums for discussing their financial plans? Or was it something particular about this guy, who you have never met, seen or indeed know the name of that rubbed you up the wrong way?

p.s. you do know that this is an internet forum and that this guy who you don't know is probably not called RenoMan?

pawlala

Harry_Boyle wrote: »

Incidently, the lottery numbers for last week were 07 20 27 39 46 48 49. I told everyone this two years ago but no one believed me.

I did.

Sent via Blackberry from The Tropics

Harry_Boyle

DervProf wrote: »

The only thing I despair about is that I am passing on some real world experience and trying to have an honest, reasonable discussion/debate about current interest rates and their effect on people's lives, and you seem to be wanting to avoid the conversation or try to make out that I am lying.

Perhaps this 'renoman' that you seem to have such a problem with was doing the same, but his real-world experience undermined your VI?

DervProf

Harry_Boyle wrote: »

p.s. you do know that this is an internet forum and that this guy who you don't know is probably not called RenoMan?

I do.

I also know there is the possibility that what he used to past was all lies.

However, I usually give people the benefit of the doubt, unless what they say/type sounds ridiculous.

Mr._Pricklepants

DervProf wrote: »

The only thing I despair about is that I am passing on some real world experience and trying to have an honest, reasonable discussion/debate about current interest rates and their effect on people's lives, and you seem to be wanting to avoid the conversation or try to make out that I am lying.

And I pointed out (in a reasonable manner) that a person 10-15 years into their mortage, buying when they did, pre HPI, and considering overpayments and current rates SHOULD be in a very comfortable position (mortage wise) now.
What did you expect? That we just sit here and swallow another one of your real world anecdotals? That we just overlook the glaring inconsistencies in your fairy tales and give you a forum thanks for your efforts?