Halifax - February +2.4%

Graham_Devon

MFW_ASAP wrote: »

Now that we have proved that you can use disposable income to generate real income.

Proved? It was never in question.

somethingcorporate

Graham_Devon wrote: »

Who ever said rising house prices never meant a lower LTV, as mayonnaise pointed out? No one, but you don't seem to have issue with that?

The only way you can increase the money in your pocket is by putting more money in it. Not by spending less. It simply increases what you have left in your pocket.

And lower house prices do that, too.

Logic fail here Graham.

If I have £5 in my pocket and used to spend £2 I would have £3 left in my pocket.

If I have £5 now and only have to spend £1 of it I have £4 left in my pocket.

So spending less has indeed increased the amount in my pocket, no? It doesn't increase what is going into my pocket, only what is left.

ess0two

Graham_Devon wrote: »

LOL. I love how I'm now made out to be disputing this after I've been explaining it in the last 5 posts!

It's now you who has changed what was stated.

Hold on you claimed it increases your income,thats all I challenged.

Graham_Devon

MFW_ASAP wrote: »

or invest it in solar PV and generate an income.

Or invest in a pension at an earlier age than you would have done, and then start totalling up the compounded interest. Which will end up as extra income on the extra income...

As I say...I'm in agreement with you.....but were a tad off topic?

ess0two

somethingcorporate wrote: »

Logic fail here Graham.

If I have £5 in my pocket and used to spend £2 I would have £3 left in my pocket.

If I have £5 now and only have to spend £1 of it I have £4 left in my pocket.

So spending less has indeed increased the amount in my pocket, no? It doesn't increase what is going into my pocket, only what is left.

I'm sure Graham can explain better to you, using apples and chocolate buttons.

Graham_Devon

somethingcorporate wrote: »

Logic fail here Graham.

If I have £5 in my pocket and used to spend £2 I would have £3 left in my pocket.

If I have £5 now and only have to spend £1 of it I have £4 left in my pocket.

So spending less has indeed increased the amount in my pocket, no? It doesn't increase what is going into my pocket, only what is left.

Correct.

You have more left in your pocket.

You haven't increased what was in it though.

To be clear, if you had started with £5 and found you now had £5.01p + you would have increased what was in your pocket.

As you have £4 instead of the £3 you otherwise would have had and started with £5, you haven't increased your money. Simply spent less and have more left.

....which I'm not sure....MFW, could you invest what you have saved?!

Graham_Devon

Well that has got to go down in history as one of the most pointless semantics arguments I have yet seen on this forum...

MFW_ASAP

Graham_Devon wrote: »

Proved? It was never in question.

Glad to hear it. We accept your apology.

MFW_ASAP

Graham_Devon wrote: »

Or invest in a pension at an earlier age than you would have done, and then start totalling up the compounded interest. Which will end up as extra income on the extra income...

As I say...I'm in agreement with you.....but were a tad off topic?

An even quicker return would be to take the £4 left in your pocket and buy some cheap tat in a charity shop then sell it for £20 on ebay. Then buy £20 of cheap tat and repeat.

I think we're onto something here Graham. Cutting outgoings in order to re-invest the principle and generate income. By God, we could sell this innovation to business and make a killing!!!

Graham_Devon

MFW_ASAP wrote: »

I think we're onto something here Graham. Cutting outgoings in order to re-invest the principle and generate income. By God, we could sell this innovation to business and make a killing!!!

Sorry....can you explain this to me