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About RodCrosby2

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    HPC Newbie
  1. Barring an Argentine-style scenario, surely the PO guarantee is as good as it gets. It appears to be twofold:- the Irish Deposit Guarantee(to e100k), and the Irish Government Guarantee (unlimited for deposits taken prior to 29 Sep 2010) http://www.postoffice.co.uk/portal/po/content1?catId=19300232&mediaId=92400749#55300282 Irrespective of Irish ownership and Irish guarantees, do you really think the British government would let the British PO go down the pan? Large parts of the benefits system are administered by the PO, don't forget... Anyhow, to the second part of my question the "instant access" bit. Paragraph 49 gives the formula for the breakage charge. So, the replacement rate seems to be below the bond rate at the moment. Even if it wasn't, the breakage charge would be negligible. Therefore, it's effectively "instant access"???
  2. Thinking of putting a big wedge (>£100k) in the latest Post Office three year bond when it is announced tomorrow. [the last one had a rate of 4.1%] I have been told the following by the PO. i) until September 2010, unlimited deposits will be protected (indefinitely) by the Irish government guarantee, then it will reduce to 100k Euros. ii) the early redeption penalty, known as the "breakage fee" is effectively zero (at the moment), due to the low "replacement market rate" (LIBOR?), and the calculation detailed in paragraph 49 of the information booklet. Is this true, or is there a catch?
  3. The owner of these units is experiencing some local difficulties at the moment... http://www.google.co.uk/search?num=100&hl=en&safe=off&client=firefox-a&rls=org.mozilla%3Aen-GB%3Aofficial&q=terry-riley+shorrocks&btnG=Search&aq=f&aqi=&aql=&oq=&gs_rfai=
  4. Is this a good investment? http://www.rbs.co.uk/downloads/private/fund1_annual.pdf I have been offered something very similar [identical brochure] by another bank, with an annual rate of 8%. For the FTSE-100 to fall 50% from here, it would have to fall back to its level as at 13/2/1991, which surely is extremely unlikely. That is the only way the capital is at risk. If the FTSE-100 is a point higher this time next year I walk away with 8% tax free. Or, if not, on any subsequent nth anniversary I walk away with n*8% tax free if the index is higher then. I would only not earn anything if the FTSE-100 is no higher than today on each of the next five year anniversaries. Go on - where's the catch?
  5. Cheers, but I'm not sure where to look on the forum. What search items should I be looking for?
  6. They came up with some c0ck-eyed story that because the settlement wasn't received before the end of the month they were bound to move it to default and sell it on. Some mumbo-jumbo about the terms of their licence or something. It didn't stop them from cashing (after the end of the month) the settlement bankers draft I sent them though! I was acting on the advice of the Insolvency helpline who didn't think they'd do what they've done.....
  7. MBNA - missed a few payments, they offered me a partial settlement figure, saying if I paid that they would take it no further and would not register it as a default. So I did, and a couple of days later the bastards sold on the remainder to a collection agency, who are now demanding immediate payment in full! MBNA also say they intend to register the default, after saying they would not. I would quite like this to go to court. I suspect the judge would tear them up for ar$e-paper...
  8. soldintime, can you recommend a trustworthy broker who provides metatrader data? I believe there are a lot of scammers out there - "market makers", etc
  9. Can't beat Skem... http://www.rightmove.co.uk/property-for-sa...y-11802390.html http://www.rightmove.co.uk/property-for-sa...y-20280952.html http://www.rightmove.co.uk/property-for-sa...y-20297815.html
  10. And Scandinavia, from where the name Scouse originates, after a lamb stew called Labskaus.... And the oldest Black community in Europe... And the oldest Chinese community in Europe... And the Scots (Gladstone for example) And the Jews... "I have heard of the greatness of Liverpool but the reality far surpasses my expectation" - Prince Albert, speech, 1846 "Liverpool…has become a wonder of the world. It is the New York of Europe, a world city rather than merely British provincial.” - Illustrated London News, 15th May 1886 "Liverpool is the 'pool of life' " - C.G. Jung, Memories, Dreams, Reflections, 1928
  11. http://www.liverpooldailypost.co.uk/liverp...64375-21273645/ (I can't post on main forum. If the mods think it's worthy of discussion there, please feel free to move it)
  12. http://www.liverpooldailypost.co.uk/busine...64375-21219449/ City apartments worth £4m put in hands of receiver
  13. So who's selling it? The tenant? As a reversion? A sign of the cost of living? Don't quite understand what is going on with these nil life tenancies. Can someone enlighten?
  14. in terms of conventional oil The US peaked in 1970 Russia peaked in 1987 The UK peaked in 1999 The WORLD peaked in 2005 http://en.wikipedia.org/wiki/Peak_oil#Peak...ividual_nations
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