Interest Rates

[SpokeyDokey]

Savings rates shooting up as well which is about time imo.

In itself this will reduce inflation too - people saving more equals less to spend equals less demand etc.

 

[SpokeyDokey]

A lot of posters with the mulligrubs in this thread.

 

[midlife]

mulligrubs ?

 

[SpokeyDokey]

mulligrubs ?

Yup!

 

[Alex321]

mulligrubs ?

I had to look it up as well
https://www.merriam-webster.com/dictionary/mulligrubs

 

[Chislenko]

mulligrubs ?

I had to Google it, not a word I have heard before. I would like to say I have learnt something new but the way my brain works I will have forgotten it by tomorrow!!

 

[Mo1959]

I had to Google it, not a word I have heard before. I would like to say I have learnt something new but the way my brain works I will have forgotten it by tomorrow!!

It’s a bit like being scunnered up here by the sound of it.

 

[All uphill]

I've just put a bit into a one year fixed savings account with Investec.
4.15%
Time will tell if I should have waited a month or two for 7%!

 

[Chislenko]

I've just put a bit into a one fixed savings account with Investec.
4.15%
Time will tell if I should have waited a month or two for 7%!

It's just so hard to tell sometimes. I have three one year bonds ( bought end of last year / beginning of this at rubbish rates) which I am waiting to mature so I just hope the rates stay relatively high for a few months.

 

[SpokeyDokey]

It's just so hard to tell sometimes. I have three one year bonds ( bought end of last year / beginning of this at rubbish rates) which I am waiting to mature so I just hope the rates stay relatively high for a few months.

They're not going down any time soon.

 

[Low Gear Guy]

I am getting 12% on my Index Linked National Savings Certificates

No longer available, before you all rush.

 

[Jenkins]

They're not going down any time soon.

Getting the timing right to take out a longer term fixed bond if you can afford to tie your money up for a while could be quite useful if you can take one out just before they do start to go down (if they ever do).

 

[SpokeyDokey]

Getting the timing right to take out a longer term fixed bond if you can afford to tie your money up for a while could be quite useful if you can take one out just before they do start to go down (if they ever do).

Definitely a timing issue!

We have big decisions to make later this year and twice next year.

An educated roll of the dice will be the order of the day. 🙂

 

[slowmotion]

I've just put a bit into a one year fixed savings account with Investec.
4.15%
Time will tell if I should have waited a month or two for 7%!

I'm doing the same but finding them really difficult to communicate with. How long did they take to set your account up after you completed your application?

Their "Live Chat" is a complete joke, they don't like email, and they won't use a phone. It's tricky.

 

[All uphill]

I'm doing the same but finding them really difficult to communicate with. How long did they take to set your account up after you completed your application?

Their "Live Chat" is a complete joke, they don't like email, and they won't use a phone. It's tricky.

That doesn't sound good!

It took me about 20 minutes to complete the application and the account was created immediately.