those boe boys made me do it

[craig12]

well the bank of england boys have been shooting their mouth of again,  some hi rated banker has come out and said that interest rates are more than likeley not going to be raiised now as soon as first expected with the eurozone slipping back into poor growth 

well thanks very much boys for my isa just being stagnent again , possibly minus now 

well you ask for everything you get , ill be bringing cash out to buy more gold and silver 

 

maaam   tell him      he made me do it      

[BaldyBob]

ISA rates are diabolical , and of course, even when interest rates rise it will be a while before the banks pass on the rates to you.

 

The question I can't find an answer to is...... will ISA 's be exempt from any banking 'haircut'?

 

Remember, EU laws now make anyone with a bank account a creditor of that bank should it need a bailout.

OK, I know this is for the Eurozone at present, but remember the new qualified majority voting comes into force after November 1st. After that the UK's veto's and opt-outs will be under pressure.

 

Hope I haven't depressed you all too much

Stack responsibly at the lowest price per oz. you can manage.

[HighlandTiger]

ISA rates are diabolical , and of course, even when interest rates rise it will be a while before the banks pass on the rates to you.

 

The question I can't find an answer to is...... will ISA 's be exempt from any banking 'haircut'?

 

Remember, EU laws now make anyone with a bank account a creditor of that bank should it need a bailout.

OK, I know this is for the Eurozone at present, but remember the new qualified majority voting comes into force after November 1st. After that the UK's veto's and opt-outs will be under pressure.

 

Hope I haven't depressed you all too much

Stack responsibly at the lowest price per oz. you can manage.

 

Vote Conservative or UKIP, and lets run as fast as we can away from the euro zone.

[HelpingHands]

There will be no rate rises until there is some sort of black Wednesday type move. 0% one day then 15% the next.

[Shamatti]

Stack responsibly at the lowest price per oz. you can manage.

 

This is the most sensible thing I have read all week!

[a_a]

I have been thinking about interest rates a lot, as I'd like to buy a house soon. The prospect of interest rates rising made me think it was worth waiting for a bit, now I'm not sure they will ever raise interest rates

 

Ben Bernanke (ex Federal Reserve head) said rates in the US will never rise within his lifetime. Carney is always looking for excuses, and the public debt has gone up 40% during this government, so I am not convinced they will rise here either. I wouldn't actually be surprised if they went down next.

[HelpingHands]

I wouldn't like to guess on the best time to buy a house.

It's possible that drop in prices will come soon. However, you could be waiting two years for a drop and end up paying what you think you've saved in the drop on rent meanwhile.

But if your rent is cheap there is no rush.

[Shamatti]

The house price bubble will burst within a year. 18 months max. I have heard of people in London selling there houses now to rent. The idea being that in a year or two after the bubble bursts they can buy back twice what they just sold. Neat way to upgrade? Conspiracy nutters? You would have thought that the type of person who can afford to play games with property like this are those in the know...? Or perhaps they are as mad as us silver stackers?

[a_a]

I wouldn't like to guess on the best time to buy a house.

It's possible that drop in prices will come soon. However, you could be waiting two years for a drop and end up paying what you think you've saved in the drop on rent meanwhile.

But if your rent is cheap there is no rush.

 

That's what I am wondering, is it worth messing about and 'being right' etc, while still putting £20k in someone else's pocket. Rent isn't particularly cheap here, but we aren't in London any more which is a big saving.

 

Although prices are likely to fall a bit in 2015, I know it's already started in London, I think next year with the pension reforms all the old people will also plough their money into housing, I can't see significant price drops for a while unfortunately. I wish the government wasn't making landlordship so attractive, the rest of us are getting juiced.

[Cointreau]

I have been thinking about interest rates a lot, as I'd like to buy a house soon. The prospect of interest rates rising made me think it was worth waiting for a bit, now I'm not sure they will ever raise interest rates

 

Ben Bernanke (ex Federal Reserve head) said rates in the US will never rise within his lifetime. Carney is always looking for excuses, and the public debt has gone up 40% during this government, so I am not convinced they will rise here either. I wouldn't actually be surprised if they went down next.

UK govt borrowing rising not falling. George Osbourne will have to make up the shortfall somehow. Multiple home owners should be caned.

http://www.bbc.co.uk/news/business-29702795

I'm sure we will be quoting Bernanke on that dumb interest rate quote when interestt rates are suddenly jacked up

when the bond bubble bursts.

[craig12]

im  not saying im a 100% correct here but I think my gut feeling is correct. im sure that these landlords that have a small portfolio and let them students , just pocket the money and don't pay tax    isn't it classed as a second income 

much like e bayers  bet most of them don't pay tax  isn't that a second income?

[Cointreau]

im  not saying im a 100% correct here but I think my gut feeling is correct. im sure that these landlords that have a small portfolio and let them students , just pocket the money and don't pay tax    isn't it classed as a second income 

much like e bayers  bet most of them don't pay tax  isn't that a second income?

My landlord doesn't pay tax on his rental income.

[silversword]

There's a difference between not paying tax because you've avoided it, and jus tnot paying what is actually due. If Your landlord does the latter, then he is breaking the law - Pretty sure there is a tax evasion helpline should you feel the need to report it. If you don't feel the need to report it, then you can hardly complain.

[Stretch]

There's a difference between not paying tax because you've avoided it, and jus tnot paying what is actually due. If Your landlord does the latter, then he is breaking the law - Pretty sure there is a tax evasion helpline should you feel the need to report it. If you don't feel the need to report it, then you can hardly complain.

That's pretty poor, low down dirty, "tax evasion helpline" WTF!!! TAX IS THEFT!!!

[Stretch]

Got a feeling that Ben Bernanke quote will be similar to Gordon Browns end to boom and bust speech lol

[silversword]

That's pretty poor, low down dirty, "tax evasion helpline" WTF!!! TAX IS THEFT!!!

Yes it is indirectly, and some of us are "lucky" enough to know how, but crucially its not theft as defined by law. Actively evading it is defined as a criminal offence though...

So here's a thought: if you believe tax is theft, avoidance of tax is perhaps analogous to preventing your home being burgled. Therefore far from demonizing the rich who avoid paying tax, you should in fact be pleased for them. Buy more from Amazon and Top Shop. Encourage more British companies to have an HQ in the Cayman Islands or utilize some other offshore structure. Let Gary Barlow and the other "celebs" get away with their convoluted loan schemes. Even the ordinary man in the street can get in on this; surprised more people don't.