The Retirement Thread

[Dave7]

Jeez..........it'll be back to under the mattress!

Your matress wont be big enough.

 

[Dave7]

It means you have to pay the bank to keep your money as far as I can see.

No probs to me. I am in touch with a guy in Nigeria who absolutely guarantees 20% intterest.

 

[welsh dragon]

I may have to move all £4.00 of my savings to under the mattress .

Seriously I would probably move my money into my premium bond account.

 

[Mo1959]

I may have to move all £4.00 of my savings to under the mattress .

Seriously I would probably move my money into my premium bond account.

Wonder if it could affect them too? If they can't invest our money to make money for themselves and pay out prizes?

 

[welsh dragon]

Wonder if it could affect them too? If they can't invest our money to make money for themselves and pay out prizes?

Hopefully it would only be a short term thing to Kickstart everything. Then again.....

 

[Tenkaykev]

As requested, before and after photo's of my barbering efforts. 😉

 

[Dirk]

Just got back from beer run and doggie walk.
Drove back around the coast and it appears to be very quiet out there. Maybe yesterday's fiasco has frightened folk off.
Currently sitting in the garden enjoying a fresh Cornish crab sandwich and a pint.

 

[PaulSB]

So how does that work? Your money actually goes down? 😢

This is about the Bank of England charging investors to deposit money with the BoE. If an investor buys government bonds the capital sum will be lower than the amount invested when the bonds were purchased. Therefore it should make more sense to invest in businesses. Unless you plan to invest with the BoE it shouldn't have a direct impact on private individuals. What it will do is mean we get nothing in terms of interest on savings etc. but could be easier to borrow money at lower rates.

Warning I am not an IFA or banker.

 

[PaulSB]

Wonder if it could affect them too? If they can't invest our money to make money for themselves and pay out prizes?

I suspect they have plenty of reserves. Don't forget this is NS&I which is State owned - they won't want everyone pulling their money out to stuff under your mattress.

 

[Deleted member 1258]

What a cracking morning for a bike ride, a bit cool at first, but warming up nicely and with a stiff breeze, I settled on shorts in the end, with a base layer short and long sleeved tops. I got 60 miles in, rode over to Rosliston then turned to ride past the Bee Hive cafe and through Botany Bay then back onto the Route out down to Polesworth but instead of turning through the town I carried on through Witherly crossed the A5 and rode up Purley Chase and onto home.


View: https://ridewithgps.com/trips/49183971

 

[pawl]

We've had a shower, now the suns out, trying to figure out what to wear, conflicting weather reports and at the moment its a bit fresh for shorts but too warm for tights.
[/QUOTE

It was very cloudy here at 8 am and not very warm. Decided on shorts and arm warmers by the time I was ready got the bike out of the garage cloud had cleared and was warm and sunny 😎 Arm warmers off and away i went.

 

[Deleted member 1258]

I've got several light long sleeved summer jersey's that I wear on days like these.

 

[BoldonLad]

So how does that work? Your money actually goes down? 😢

Extreme inflation ?

Prices go up, money goes down.

 

[BoldonLad]

Hopefully it would only be a short term thing to Kickstart everything. Then again.....

Yes. I think that is what they said about income tax in 18?? Something or other, just a temporary measure, until we pay for this war.... and..... here we are 200 years later ....

 

[Dave7]

Rain's gone. Sun's out. Wind's up.
Time to put the washing on the line.

We got rid of our washing line many years ago. We were innundated with Starlings and fed up with clean washing covered in purple poo.... from the berries they ate.