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  • FIRST POST
    • eskbanker
    • By eskbanker 15th Jan 20, 11:46 AM
    • 12,142Posts
    • 15,050Thanks
    eskbanker
    Easy access savings above inflation again
    • #1
    • 15th Jan 20, 11:46 AM
    Easy access savings above inflation again 15th Jan 20 at 11:46 AM
    Today's consumer prices update has CPI at 1.3%, which means that for the first time in three years, it's (just) lower than the interest paid by the leading easy access savings accounts!

    Not exactly reason to crack open the bubbly but every little helps, green shoots, etc....
Page 1
    • Sir_Robin
    • By Sir_Robin 15th Jan 20, 12:09 PM
    • 45 Posts
    • 50 Thanks
    Sir_Robin
    • #2
    • 15th Jan 20, 12:09 PM
    • #2
    • 15th Jan 20, 12:09 PM
    I managed to lock in Marcus when it was at 1.45!
    I can feel the flood of cash rushing in compounding, growing exponentially let’s deduct the inflation and plug the numbers into a compound interest calculator

    Yr5
    5 £7.55 £37.64 £5,037.64

    Only 5 yrs till I can crack open that cheap bubbly, thank you savings rates.
    Last edited by Sir_Robin; 15-01-2020 at 12:12 PM.
    • quirkydeptless
    • By quirkydeptless 15th Jan 20, 1:38 PM
    • 453 Posts
    • 450 Thanks
    quirkydeptless
    • #3
    • 15th Jan 20, 1:38 PM
    • #3
    • 15th Jan 20, 1:38 PM
    Woo hoo, gimme that 0.05%
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
    • fun4everyone
    • By fun4everyone 15th Jan 20, 2:15 PM
    • 1,971 Posts
    • 3,179 Thanks
    fun4everyone
    • #4
    • 15th Jan 20, 2:15 PM
    • #4
    • 15th Jan 20, 2:15 PM
    Global stocks returning 22% last year (roughly) on top of that. Rich getting richer.
    Last edited by fun4everyone; 15-01-2020 at 2:15 PM. Reason: brb chasing 2% regular savers
    • Thrugelmir
    • By Thrugelmir 15th Jan 20, 4:13 PM
    • 66,351 Posts
    • 58,409 Thanks
    Thrugelmir
    • #5
    • 15th Jan 20, 4:13 PM
    • #5
    • 15th Jan 20, 4:13 PM
    Global stocks returning 22% last year (roughly) on top of that. Rich getting richer.
    Originally posted by fun4everyone
    Didn't see many companies lifting their profits by that %.
    “Risk comes from not knowing what you are doing. – Warren Buffett”
    • talexuser
    • By talexuser 15th Jan 20, 6:33 PM
    • 2,904 Posts
    • 2,248 Thanks
    talexuser
    • #6
    • 15th Jan 20, 6:33 PM
    • #6
    • 15th Jan 20, 6:33 PM
    Don't worry, talk is of interest rates going down again soon due to our rubbish "recovery".
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