Get ready for the fun to begin

[DiscoStu]

It's a temporary blip. The Jan 1st VAT increase and total lack of demand after Xmas will mean it's soon falling again.

[BlasterBates]

yup you need a who huge stonking great mortgage.....three priorities

1. debt
2. debt
3. and more debt

[BlackenedBiker]

yup you need a who huge stonking great mortgage.....three priorities

1. debt
2. debt
3. and more debt

I was trying to suggest that if one has money and a mortgage then ummmmm, pay it off.....

[BlasterBates]

well if you have high inflation and low interest you want debt, but if they stick the interest rates way up you wanna be a saver.

[BlackenedBiker]

well if you have high inflation and low interest you want debt, but if they stick the interest rates way up you wanna be a saver.

Agreed: but interest rates are glued to inflation these days. There is no long term benefit to debt.

[Lumiere]

Obviously you have to hope your salary increases

dividends

[Sysman]

dividends

income

[BlackenedBiker]

Hyper-Inflation anyone?

You know when the banks are offering low cost variable rate deals that you really should fix...


http://news.bbc.co.uk/1/hi/business/8470302.stm