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Interest rates.

Posted: Thu Jul 05, 2007 2:51 pm
by Bill Sikes
Well, there doesn't seem to be a good spot in the gartden for this, so I suppose it'll have to go in here.

Interest rates has riz again. Where will they peak this time around? 7.5%? 9%?

Interest rates.

Posted: Fri Jul 06, 2007 12:57 am
by Bill Sikes
Soberano;654121 wrote: Hope so, do my savings the world of good after a few years of low interest rates.D


Having a large fraction of your money on deposit is unwise. What's the best return you can get, I wonder? How, historically, does that compare to returns on investments? Banks, etc., will not pay what they could, and charge a little more than is necessary, when it comes to their rates!

Interest rates.

Posted: Fri Jul 06, 2007 5:33 am
by Elvira
Hopefully this will force the buy to let landlords to sell up as their profit margins are negated!

Maybe my dream house will come back on the market! :guitarist