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Monthly Interest On 50 Million

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Monthly interest on 50 million

https://compare.moneyadviceservice.org.uk/Savings

3 Year bond paying 2.4%

FFLS.....

2 Year bond paying 2.2%

This will be the norm for the next 20 odd years....

Cash is trash...Unless asset prices fall in that given year of saving, more than rent paid and inflation on capital costs...

If you had worked for 30 odd years in a job you hated, to see Dick Turpin stand there, must hurt......well Dick Inflation.....

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I don't think anybody can accurately say how long interest rates will stay at the current level for.

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I don't think anybody can accurately say how long interest rates will stay at the current level for.

You underestimate the powers that be, there is no market anymore, worse still, cash represents your working wage, savings and wages, no difference....

Interest rates can stay low and will remain low until the elite decide wages can rise, will they give the wage slaves a rise, why should they, it will only feed cost inflation, which will suck up any wage increment.....Rock and Hard place, you want low costs, suffer low wages...and high leverage....It's the peak...

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I recall hearing Alan Clarke on BBC Radio 4, twenty years ago, saying he could live off the interest on his interest! :o:lol:

_441028_clark300.jpg

"A million Swiss francs, a million USD, and a million Coats [family company shares]"

http://books.google.co.uk/books?id=3usaLKSo3nEC&pg=PT330&lpg=PT330&dq=alan+clark+a+million+coats+a+million+usd&source=bl&ots=j08nHWedLY&sig=pLlPZ7imKGfTyqgTUp6zmWxH-4M&hl=en&sa=X&ei=Fg-RUeXCPKOW0AWB34GoDA&ved=0CDcQ6AEwAQ

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I'm surprised that people are lending their money to the banks / governments at such stupidly low rates, and proudly saying that they are shopping around for something paying slightly higher than the other pathetic rates.

Top FTSE100 dividend yields:

http://www.topyields.nl/Top-dividend-yields-of-FTSE100.php

ICAP 7.60

RESOLUTION 7.57

EVRAZ 7.24

RSA INSURANCE GROUP 6.50

AVIVA 5.94

ADMIRAL GROUP 5.29

SCOTTISH&SOUTHERN ENERGY 5.11

VODAFONE GROUP 5.03

BAE SYSTEMS 5.01

Plus your capital isn't eroded by inflation.

Why give away cheap money and prop up the current low lending rates?

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I'm surprised that people are lending their money to the banks / governments at such stupidly low rates, and proudly saying that they are shopping around for something paying slightly higher than the other pathetic rates.

Top FTSE100 dividend yields:

http://www.topyields.nl/Top-dividend-yields-of-FTSE100.php

ICAP 7.60

RESOLUTION 7.57

EVRAZ 7.24

RSA INSURANCE GROUP 6.50

AVIVA 5.94

ADMIRAL GROUP 5.29

SCOTTISH&SOUTHERN ENERGY 5.11

VODAFONE GROUP 5.03

BAE SYSTEMS 5.01

Plus your capital isn't eroded by inflation.

Why give away cheap money and prop up the current low lending rates?

Because the value of shares can go down.

Capital earmarked for a house purchase isn't eroded by inflation, it is increasing in value.

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I'm surprised that people are lending their money to the banks / governments at such stupidly low rates, and proudly saying that they are shopping around for something paying slightly higher than the other pathetic rates.

Top FTSE100 dividend yields:

http://www.topyields...-of-FTSE100.php

ICAP 7.60

RESOLUTION 7.57

EVRAZ 7.24

RSA INSURANCE GROUP 6.50

AVIVA 5.94

ADMIRAL GROUP 5.29

SCOTTISH&SOUTHERN ENERGY 5.11

VODAFONE GROUP 5.03

BAE SYSTEMS 5.01

Plus your capital isn't eroded by inflation.

Why give away cheap money and prop up the current low lending rates?

I'm amazed anyone would risk their capital in an insurance company, especially Aviva, but then plenty of people thought Lloyds bank was easy safe money too.

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I'm surprised that people are lending their money to the banks / governments at such stupidly low rates, and proudly saying that they are shopping around for something paying slightly higher than the other pathetic rates.

Top FTSE100 dividend yields:

http://www.topyields.nl/Top-dividend-yields-of-FTSE100.php

ICAP 7.60

RESOLUTION 7.57

EVRAZ 7.24

RSA INSURANCE GROUP 6.50

AVIVA 5.94

ADMIRAL GROUP 5.29

SCOTTISH&SOUTHERN ENERGY 5.11

VODAFONE GROUP 5.03

BAE SYSTEMS 5.01

Plus your capital isn't eroded by inflation.

Why give away cheap money and prop up the current low lending rates?

Insurance companies will be producing poor returns as their float is invested in pitifully low yield bonds and ICAP will not produce profits once the European transactions tax comes in.

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  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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