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fullyautomatix replied

6 July 2011, 09:56
Originally posted by DimPrawn View Post

Not as much as sterling though.

A big house is still a big house in 20 years. What's a pile of cash going to be worth/buy you? Probably not even legal tender by then.

Gold, property, jewels, fine wines, stamps, antiques, classic cars. Anything but cash.

WHS +1.75
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OwlHoot replied

6 July 2011, 09:53
Originally posted by DimPrawn View Post

Not as much as sterling though.

A big house is still a big house in 20 years. What's a pile of cash going to be worth/buy you? Probably not even legal tender by then.

Gold, property, jewels, fine wines, stamps, antiques, classic cars. Anything but cash.

WHS
Leave a comment:
DimPrawn replied

6 July 2011, 09:49
Originally posted by TimberWolf View Post

Falling in real terms though.

Not as much as sterling though.

A big house is still a big house in 20 years. What's a pile of cash going to be worth/buy you? Probably not even legal tender by then.

Gold, property, jewels, fine wines, stamps, antiques, classic cars. Anything but cash.
Leave a comment:
TimberWolf replied

6 July 2011, 09:47
Falling in real terms though.
Leave a comment:
DimPrawn started a topic Daily Boom

6 July 2011, 09:42
Daily Boom

U.K. House Prices Climb - WSJ.com

So house prices rising, interest rates not going up this century, pound heading towards total devaluation, inflation rampant.

If now isn't the time to get a HUGE mortgage and buy property, I don't know when is.

Let's face it, your grandchildren will laugh when you tell them you once had £1,000,000 in savings, but might be not laugh so much if you told them you own a house. Something they are unlikely to ever do.
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