Jump to content
House Price Crash Forum
Sign in to follow this  
TheCountOfNowhere

When Is An Investor A Saver ?

Recommended Posts

When you listen to the state propaganda channel.

http://www.bbc.co.uk/news/business-29606672

"New plans by the Treasury to give savers more freedom over their pension pots have been sharply criticised by an industry expert."

Ignoring the actual insane policy...Last time I looked pensions were investments, not savings.

I find the wording of this article most odd.

"New plans by the Treasury to give savers more"

"From April 2015, savers will be able to dip into their pension savings when they want."

the new freedom that savers will have."

" to help millions of pension savers make better use of their pension funds."

The government is now helping "savers".

Savings can do down as well as up it seems....certainly if you vote for the free fixed market Torys.

Share this post


Link to post
Share on other sites

Savers are pensioners (voters), investors are city boys ;)

Time to bail out those poor savers.

I can withdraw my savings at any time because I didnt give some spiv in London them to randomly invest and claim commission on them.

I dont need help....the spivs and the government do.

Share this post


Link to post
Share on other sites

Time to bail out those poor savers.

I can withdraw my savings at any time because I didnt give some spiv in London them to randomly invest and claim commission on them.

I dont need help....the spivs and the government do.

...... only a few investments that you will be unable to withdraw at any time.....dum di da....diversity and flexibility is the name of the game....no penalty, no cost.

Share this post


Link to post
Share on other sites

...... only a few investments that you will be unable to withdraw at any time.....dum di da....diversity and flexibility is the name of the game....no penalty, no cost.

no responsibility, no losers (* except them propping up the ponzi ).

I'd complain toi the BBc but i've decided just to stop paying/using their biased service.

Share this post


Link to post
Share on other sites

Aren't pensions described as "saving for your retirement"?

There's loads of talk of "saving in a pension scheme", including in a DWP publication called "Savings: the Basics" and the NEST site https://www.nestpensions.org.uk/schemeweb/NestWeb/public/whatIsNEST/contents/introducing-nest.html where it lists, as "Who is NEST for?" "NEST for Employers", "NEST for savers" and "NEST for advisers".

Share this post


Link to post
Share on other sites

I would class all my shares as part of my savings due to the fact they are liquid and I can get my hands on the money in a few days,

Umm - anything other than money in the bank (savings), is an 'investment' to me - which can be subject to rapid value change in markets. Only when investments are sold to cash, does it become savings.

The “million dollars” that a wealthy investor might have thought he had in his bond portfolio or at a stock’s peak value can quite rapidly become $50,000 or $5000 or $50. The rest of it just disappears . You see, he never really had a million dollars; all he had was IOUs or stock certificates. The idea that it had a certain financial value was in his head and the heads of others who agreed. When the point of agreement changed, so did the value. Poof! Gone in a flash of aggregated neurons.

If and when I ever buy a house, I am not sure what my view will be. I don't want to be thinking of its value, just in paying down mortgage. Any equity I will not consider 'savings'. If they fall further in value after I buy, that is fine with me - much better than them going up in value. Inexpensive and high quality housing is good for society - just not for the VI.

With a true free market, homes would be getting larger, better and cheaper in relative terms, in response to the demands of the consumer. This is not happening. New properties are about half the size they were in the 1930s and they have become so expensive that millions are now being delayed or excluded from homeownership.

The housing market is virtually the only sector where this is happening. Imagine if we, in the UK, were driving cars that were worse than they were in the 1930s. Relying on free market forces will not work so long as builders, lenders and private sector landlords can exploit the existing dysfunctional market.

Share this post


Link to post
Share on other sites

Some of my savings are in the form of investments in shares. My pension pot is part of my savings.

Share investments can be funded by savings or borrowed money.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   218 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.