What is that "mate" of mine Sadiq Khan trying to achieve ?

 

You lost you demented little cretin, get over it and concentrate on your job you terrorist sympathiser.

Keep it simple for me

Somebody buys a bond, like i say, keep it simple, and in 12 months its worth 6% more???

If so, thats still less than inflation, so Im struggling to see the good news

2 minutes ago, Casino said:

Keep it simple for me

Somebody buys a bond, like i say, keep it simple, and in 12 months its worth 6% more???

If so, thats still less than inflation, so Im struggling to see the good news

How do I buy a bond?

15 minutes ago, Spider said:

How do I buy a bond?

I dunno if you van

Thats why we are keeping it simple

Point is, even if Im getting a 6% ROI, im still losing 

7 minutes ago, Casino said:

I dunno if you van

Thats why we are keeping it simple

Point is, even if Im getting a 6% ROI, im still losing 

Apparently everyone should have stacks of savings, even though the banks then the Tories have caused carnage to the economy.

save money, or buy food for the family?

Tough shit

10 hours ago, Spider said:

How do I buy a bond?

https://www.bwfc.co.uk/news/2023/may/wanderers-launch-investment-bond-initiative/

 

16 hours ago, Casino said:

Keep it simple for me

Somebody buys a bond, like i say, keep it simple, and in 12 months its worth 6% more???

If so, thats still less than inflation, so Im struggling to see the good news

Listen you know that with inflation at these levels you won’t get a ROI higher than that. 

When part of last weeks 0.5% is passed on then there will be 1 year fixed bonds available for 6%. The best currently is 5.75%.

Inflation will fall throughout that period and the rate is locked in.

Current rate accounts are available @ 3.8% + as you will know.

There will be plenty of people with money in the big banks earning 0.7% interest because they’re lazy.

Inflation has been between 2 & 4% over the last few years and savings rates were virtually zero. Say net 3%.

Now currently we are the same - inflation is 8.7% minus the 6% bond - 2.7%.

 

 

48 minutes ago, captainmed said:

Listen you know that with inflation at these levels you won’t get a ROI higher than that. 

When part of last weeks 0.5% is passed on then there will be 1 year fixed bonds available for 6%. The best currently is 5.75%.

Inflation will fall throughout that period and the rate is locked in.

Current rate accounts are available @ 3.8% + as you will know.

There will be plenty of people with money in the big banks earning 0.7% interest because they’re lazy.

Inflation has been between 2 & 4% over the last few years and savings rates were virtually zero. Say net 3%.

Now currently we are the same - inflation is 8.7% minus the 6% bond - 2.7%.

 

 

How does one get a government bond?

My savings are currently earning 1.5% at best.

I promise I’ve not been scrounging off furlough, or living beyond my means, or hanging around on estates taking drugs. So your secret will be safe with me.

The good old days really are returning. How lovely.

 

8 minutes ago, Cheese said:

The good old days really are returning. How lovely.

 

A burst pipe?

3 hours ago, Spider said:

How does one get a government bond?

My savings are currently earning 1.5% at best.

I promise I’ve not been scrounging off furlough, or living beyond my means, or hanging around on estates taking drugs. So your secret will be safe with me.

https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/

Just be aware that FSCS only covers you for £85K should the bank go bump. 

3 minutes ago, captainmed said:

https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/

Just be aware that FSCS only covers you for £85K should the bank go bump. 

Where’s the government bond bit? I just Chuck mine in a savings account but you mentioned 6%. That’s what I’m after,

43 minutes ago, Spider said:

Where’s the government bond bit? I just Chuck mine in a savings account but you mentioned 6%. That’s what I’m after,

I never mentioned “Govt” bonds and I said “approaching” 6%.

They are fixed rate bonds of varying lengths through banks etc….

The 6% deals will be available within a week or so when they pass some of the 0.5% rate rise from last week.

Edited June 25, 20232 yr by captainmed

2 hours ago, Zico said:

A burst pipe?

Burst pipe my arse.

UU are releasing human shite into rivers and seas all over the gaff.

25 minutes ago, captainmed said:

I never mentioned “Govt” bonds and I said “approaching” 6%.

They are fixed rate bonds of varying lengths through banks etc….

The 6% deals will be available within a week or so when they pass some of the 0.5% rate rise from last week.

You said “one year bond rates are approaching 6%”

Which bonds were you referring to?

10 minutes ago, gonzo said:

Burst pipe my arse.

UU are releasing human shite into rivers and seas all over the gaff.

It will reduce shareholder dividends to do it properly.

Rather the plebs put up with turds than folk do without their profits.

2 minutes ago, mickbrown said:

It will reduce shareholder dividends to do it properly.

Rather the plebs put up with turds than folk do without their profits.

They are GRAFTING for those dividends. Poor mites have earned them. Hours and months of working their fingers to the bone.

Stop being so negative.

5 minutes ago, mickbrown said:

It will reduce shareholder dividends to do it properly.

Rather the plebs put up with turds than folk do without their profits.

Check out Paul Whithouses our troubled rivers series.

Its a fucking disgrace. (Copyright Bernard Manning)

 

 

Are diesel prices pretty much back to where they were?

At the petrol station near Somerton Road Diesel was cheaper than unleaded last week. 

i just fill up when the gauge is on 0 miles, so no shopping around

it was 1.30 something on crompton way last night

about 3p more than unleaded

We heading into a recession?

Edited June 26, 20232 yr by Winchester White

49 minutes ago, Winchester White said:

We heading into a recession?

The BoE hopes so......

52 minutes ago, Winchester White said:

We heading into a recession?

Well well well

3 hours ago, Casino said:

Are diesel prices pretty much back to where they were?

I reckon they're pretty much back to the same sort of pricing levels as 18~24 months ago, which is good. Hopefully they'll fall a little further. 

20 minutes ago, Sweep said:

I reckon they're pretty much back to the same sort of pricing levels as 18~24 months ago, which is good. Hopefully they'll fall a little further. 

Brexit benefit.