Bank of England Monetary Policy Committee unites to hold rates

HAMISH_MCTAVISH

princeofpounds wrote: »

of course. free money makes everyone richer, right?

Nah....

Just those of us happily using it to accumulate assets at a fraction of the total cost we would in a world where money was expensive.

Having now bought a cheap house with expensive money, and an expensive house with cheap money, I can assure you the latter is proving to be a significantly better deal than the former.

Thrugelmir

wotsthat wrote: »

The last few years should have taught us there isn't a grand plan or end game. I just try and enjoy the journey in case I never get to the destination or don't like it when I get there.

Expect the curved ball when you least expect it.

Every penny has eventually landed up in my sipp with a 40% tax rebate added.

Be worthwhile if you've bought the right investments.

wotsthat

Thrugelmir wrote: »

Expect the curved ball when you least expect it.

Unspecified bad things may happen at unspecified points in the future? Really doesn't help decide what the end game is or whether there's one at all.

Thrugelmir wrote: »

Be worthwhile if you've bought the right investments.

Well I don't like to brag...

Of course a 40% return from the tax rebate might even make cash like investments worthwhile for some.