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8Pm Bbc2 Money Watch On Savings And Buying Property


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He hadn't been risky. He said he was getting 4.5% in 2007. Most of them are too loyal I expect. I've moved or closed 4 a/c in the last 18 months. ING, AA, Lloyds all had good short-term stuff. Most people, despite moaning, really can't be ars*d,

Yes- thats the problem. Also a lot of the big balances are held by the elderly who don't want the grief.

I've always wondered if it would be possible to pick a bank and start a facebook campaign to get everyone to withdraw savings from that bank - kind of single one out to send a message. I always think that people couldn't really be bothered though but maybe people are getting pi**ed off enough to do it? How about it - which bank shall we take down? Wreck The Rock, Bollx To Barclays, Fu** the 'Fax, Open Wide Nationwide.......

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How do you get to be one of these 'experts' who seem to be specialists in the bl00dy obvious? Do they get paid for telling idiots what they should already know? It's like they've just discovered the world isn't flat and feel the need to tell everyone. Fkwts, unconciously incompetent fkwts.

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How do you get to be one of these 'experts' who seem to be specialists in the bl00dy obvious? Do they get paid for telling idiots what they should already know? It's like they've just discovered the world isn't flat and feel the need to tell everyone. Fkwts, unconciously incompetent fkwts.

Yeah, like near the end where the summary of the advise was for investors: buy at the bottom - durrrr! Who'd have thought? And for consumers - pay back your debts you nitwits! Kind of obvious stuff - but you gotta remember this is aimed at the general public.

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Noticed with the old bird on the beach they didn't bother to tell us the total invested. Made sure to tell us that she had lost 19k thought. What if this was out of 200k invested ? In a low to medium risk investment during one of the very worst possible financial years ever ?

More reasonable if it was 19k out of 25k. All relative. The number means nothing without context. Poor effort.

Edited by ccc
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Noticed with the old bird on the beach they didn't bother to tell us the total invested. Made sure to tell us that she had lost 19k thought. What if this was out of 200k invested ? In a low to medium risk investment during one of the very worst possible financial years ever ?

More reasonable if it was 19k out of 25k. All relative. The number means nothing without context. Poor effort.

Maybe she only invested £500.

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Maybe she only invested £500.

Now that would be brutal !!

I think she said 50k, I may be wrong but I thought she lost around 35 or 40% of the capital (metal maths - can't help it!)

You sure ? I am pretty certain they didn't state it. Maybe I missed it. Even if it was 50k it's not within the 'taking the piss' scale IMO. For the period involved.

She did agree to low to medium risk. That indicates the chance of potentially losing, or making, a serious wedge IMO.

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And in Edinburgh the BBC ramped and said prices up 6 %, investor said mainly held with some falls.

Edinburgh was top (?) in that terrible 'where best to invest' tripe with Krusty and Dim a few years ago. Now it is being trumpeted again as a place to make money.

I am really regretting now living in such a hyped and expensive city, the fact is now treated as some kind of playgroud for investors is actually quite sickening.

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Guest Steve Cook

That Martin Lewis gets right on my t*t ends.

He just looks like another snake-oil salesman who has smelled which way the wind is blowing and has re-positioned himself.

It's no more than a gut reaction on my part, but I get the distinct impression it could as easily have been "garden make-overs", "interior design", "house-in-the-country" etc. This year's black just happens to be the "New Austerity". So, that's what the greasy little bugger is selling.

Maybe, I'm being too harsh. But, I know a salesman when I see one.

Edited by Steve Cook
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Martin Lewis has been doing this sort of 'financial journalism' or whatever it's called for over 10 years so I don't think he's jumping on any bandwagons. I don't like all his antics but he is no amateur.

Wiki: "..........then an editor of the BBC Radio 4's Today Programme business slot. This was followed by the satellite TV channel Simply Money presented by Angela Rippon, where he developed the Money Saving Expert role.

After Simply Money ended in 2001, Lewis started writing a Deal of the Week column in the Sunday Express, and doing MoneySavingExpert slots on Five TV's Open House with Gloria Hunniford; and being interviewed on BBC Radio 4's Money Box and as a business and personal finance reporter for BBC1 Breakfast News."

He became more of a household name when championing so called unfair banking charges from 2005. (His website started in 2003)

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Guest Steve Cook

Point taken guys.

I still don't like his manner though

I suppose I just long for programmes that offer serious and sober advice on this subject, that don't have to be commodified into a "lifestyle" format and aren't presented by some hyperactive TV presenter whose presenting style would be more at home on kid's TV.

Right, that's it.

I'm officially a grumpy old b*stard.

Edited by Steve Cook
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That Martin Lewis gets right on my t*t ends.

He just looks like another snake-oil salesman who has smelled which way the wind is blowing and has re-positioned himself.

It's no more than a gut reaction on my part, but I get the distinct impression it could as easily have been "garden make-overs", "interior design", "house-in-the-country" etc. This year's black just happens to be the "New Austerity". So, that's what the greasy little bugger is selling.

Maybe, I'm being too harsh. But, I know a salesman when I see one.

He may be irritating, but AFAIK he's made a lot of money for himself without ripping anyone else off in the process. If I could do the same, I would! And there's quite a lot of good stuff on his website (OK, as well as some rubbish advice from idiots)

Edited by cartimandua51
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Point taken guys.

I still don't like his manner though

I suppose I just long for programmes that offer serious and sober advice on this subject, that don't have to be commodified into a "lifestyle" format and aren't presented by some hyperactive TV presenter whose presenting style would be more at home on kid's TV.

Right, that's it.

I'm officially a grumpy old b*stard.

Steve, you're right, he's a prize ****. He's got a serious message but has to leap around like a a jaundiced leprechaun on speed instead.

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