Author Topic: Large interest rate drop (Read 25680 times)

Ziggy Pop · « **Reply #40 on:** January 29, 2009, 13:31:11 PM »

15% If Great but someone said on this topic that interest rates may drop into single figures. I just hope it stays above 10%

tinkerman · « **Reply #41 on:** January 29, 2009, 13:34:26 PM »

it will be single figures above any UK rate if it does go that far.

saoirse · « **Reply #42 on:** January 29, 2009, 13:36:17 PM »

although if it does continue to drop steadily whilst it will be higher than UK the UK inflation rate is a lot lower.

Scunner · « **Reply #43 on:** January 29, 2009, 14:20:08 PM »

...which is irrelevant to those living in the UK who are investing their money in Turkey

saoirse · « **Reply #44 on:** January 29, 2009, 15:54:24 PM »

but vital to those wanting info about both in order to compare living costs

brianthegardener · « **Reply #45 on:** January 29, 2009, 16:12:45 PM »

1 tl is 1 tl...10tl is 10 tl....a killo of carrots is 1tl..does it matter what the interest rate is or for that matter the exchange rate...the cost of goods does not go up..if you had 100tl to spend last week...you still have the same this week...your goods DONT go up because the interest rate goes up or down, or for that matter the exchange rate

...if you live in Turkyie of course:D

brianthegardener · « **Reply #46 on:** January 29, 2009, 16:20:53 PM »

quote:
Originally posted by saoirse

but vital to those wanting info about both in order to compare living costs

the comparitive costs dont come into it..Turkey wins hands down..less council tax, electricity,water charges,food,drink,sunshine,..i rest my case...Turkey wins EVERY time..no comparison

brianthegardener · « **Reply #47 on:** January 29, 2009, 16:26:12 PM »

quote:
Originally posted by brianthegardener

quote:
Originally posted by saoirse

but vital to those wanting info about both in order to compare living costs

the comparitive costs dont come into it..Turkey wins hands down..less council tax, electricity,water charges,food,drink,sunshine,..i rest my case...Turkey wins EVERY time..no comparison

oops i posted twice , sorry $:-\$

saoirse · « **Reply #48 on:** January 29, 2009, 16:54:12 PM »

brian of course the intrest rate comes into it for those using high intrest accounts as their prime source of income

Ziggy Pop · « **Reply #49 on:** January 29, 2009, 17:29:30 PM »

So what should i do invest £10.000 in march or not ? or wait till after april incase interest rises again.

Author Topic: Large interest rate drop (Read 25680 times)

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