Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"you can now easily get 5-9% risk-free"
You must get better deals than the masses do.
I can see best rates of 4% cash instant access, or 5.43% locked for 2 years. https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/
If you know of 9% offers that are risk free and open to all, please post the link.
One offer requires a history of holding an account to qualify for 9%, but otherwise looks good
https://www.thisismoney.co.uk/money/saving/article-12149171/Saffron-BS-launches-regular-savings-account-9-rate.html
Lti
"That takes into account inflation - 3.5 times increase in real terms."
Ah yes, thanks. Funny to think of what "in real terms means". A state pension in 1980 was £1,411.80, now seven and a half times as much. £1411.80 in 1980 is £8,513, inflation adjusted for today, six times as much as in 1980. Makes 3.5 times in real terms a staggering multiple.
AlanS
"Or their children might just move out of council or rental properties into the homes the baby boomers leave thus freeing up much needed housing"
At current house prices, nearly all the stock freed up from boomers will be subject to some pretty big inheritance tax. Unless they leave cash as well, I doubt that any of their children will move straight in from a council house or rental position.
It interested me that this is about to occur, and I can only guess the effect on the market that will happen when a lot of large properties end up being sold for the first time in years. I imagine they will not be purchased easily by families at current price levels. More likely subdivided into flats with extra homes built in their gardens. Boomers have the wealth and that tends to be reflected in high end properties. Not sure the next generation is ready to snap them up and carry out big refurbs at these prices.
Brix
"Sooner the divi in my hand than a buyback in the Bush !"
Continually reducing shares in circulation year on year, thats the secret of a big bush.
I think the SP will rise eventually.
Gaz
"Baby Boomers: Baby boomers were born between 1946 and 1964. They're currently between 57-75 years old"
You mean they're currently between 59 -77 years old.
I'm Generation X, 1965 onwards. Please dont blur me into the boomers :)
"Average price Lloyds buyback ? And we're at 44.975"
Average price paid has reduced by nearly 5p since first purchase. We still have nearly £750M to spend. I'm happy to see UBS buying at 45p, instead of 65p. I think the SP will rise eventually.
"Since 1980, UK house prices have increased a staggering three and a half times"
In my experience, living in the Southwest since 1980, house prices have increased about ten times, based on a 2 bed terrace being well under £30k in 1980 and now nearer £300k.
Other regions will have higher and lower price changes than this, but 3.5 x 1980's prices seems a very low estimate to me. I dont understand where the 3.5 x figure came from.
"Lloyds investors got another 2 years SP going sideways"
yes i think i agree with that. the other issue this week is that id guess the impact of the dam attack in ukraine on next years crops will be felt in even higher food prices in uk next year
Stef
"Only 12m in the last two trading days at these levels is dissappointing"
We are nearly two thirds through with six months left. I assume they are betting the decline in the sp will continue. If that scenario plays out, the last two days restraint will look very wise. More shares, lower average cost; UBS driver has balls of steel.
"hit the pause button on Sarah Lowther"
You're right it autostarts on each refresh. I turned the sound off in the video pop up, that seems to mute her permanently. Then scroll her out of sight each time.
Bert
"I think this may be against the law."
Maybe. They seem to be using "legitimate interest", ie you were here for this so we will show you that.
I unticked all those, resaved and hit the pause button on Sarah Lowther, which for me turns an unusable site into a just about bearable one. It does make my Mac get quite hot if I leave the LSE tab open and run excel.