Thursday, April 29, 2010

Gordon brown's gaffe

I find it annoying that they keep ignoring the fact that Gillian Duffy was continually making the point about the deficit and how it is going to be repaid. It is like the media wants to ignore this. Savers are paying for it and will continue to do so.

Saturday, April 17, 2010

Tuesday, April 13, 2010

ISA Season

Anyone considering taking out an ISA this year? Around 2.5% can be earned. Some people have mortgages that are below this.

With inflation now well above those ISA rates, it means that you really are paying for almost everything in the economy at the moment as long as you try to save.

Wednesday, April 7, 2010

Property confidence back to 2007 levels; Beware

The article linked to below shows that confidence in rising house prices is now at the level it was in 2007. It seems that when the majority believe prices will go up then they go down and when the majority thing prices will go down then they go up (see confidence at the beginning of 2009).


Does this mean that prices are about to go down? I don’t know about that but it does show that you can’t trust surveys on confidence.


http://www.thisismoney.co.uk/mortgages-and-homes/house-prices/article.html?in_article_id=502424&in_page_id=57

Tuesday, April 6, 2010

UK General Election 6th May 2010

Your choice on who to vote for but for god’s sake vote. Especially you youngsters.

UK House prices. A long term Bear Market?

This article picks up on my point (see previous post) about inflation adjusted house prices.


http://www.telegraph.co.uk/finance/economics/houseprices/7557222/UK-house-prices-face-prolonged-bear-market.html