Member Info for Darth.Trader

88, yes i too come from a time of average interest rates being above 5 %, but many have never known such times. Reality check for a lot of people, easy credit and very low interest rates may well be a thing of the past. However things do have a habit of going from one extreme to another so maybe prudent to expect the unexpected....

DYOR

Until 2026, Bank warns

Bank Rate rises to 5.25pc as wage-price spiral begins to ‘crystallise’

https://www.telegraph.co.uk/business/2023/08/03/interest-rates-announcement-rise-economy-bank-of-england/!~OMSelectionMarkerStart~!!~OMSelectionMarkerEnd~!

DYOR

Core inflation is the problem here..

Core inflation is the change in the costs of goods and services but does not include those from the food and energy sectors.

I don't foresee sheeples cutting back on spending anytime soon..

DYOR

For longer, Bank of England says.

https://www.bbc.co.uk/news/business-66384289

DYOR

Considering the markets look to the future the Bailey acting like a one legged guy in an @rse kicking competition. BoE are behind the curve for sometime now as I stated in the past this guy is giving himself the mother of all worries..

DYOR

HU ""What's your target price on your 42.107p buy?""

Joke right, this littlefalker couldn't hit a cow's @rse with a banjo....

DYOR

.....following LTI SB's methinks.

DYOR

Prompt fears of higher costs.

https://www.bbc.co.uk/news/business-66384285

DYOR

Littlefalker - "getting a divi while your capital get eroded day after day...lol"

yet you are waiting for your buy in @39.5p.., lol..

DYOR

88, ATM I'm all in cash, but I hope it works out for the PI, many a year PI's had been under the cosh here..

falker - "getting a divi while your capital get eroded day after day...lol"

well like was trying to say, it depends if you need the capital or one is happy to keep building a portfolio of stocks that will have a ROI...

DYOR

Https://www.oedigital.com/news/504833-falkland-islands-argos-resources-plans-to-wind-up-company-after-sale-of-sole-asset-pl001

DYOR

Littlefalker "39.5p is upsetting some people here....

As they say, if you can't stand the heat....etccc"

Think long term holder don't see it like that they see a drop as an opportunity to top up, average down, whilst accumulating a divi and shares taken out of issue...

DYOR

LTI, "without the buybacks the price per share would currently be 7p less."

..and yet the SP fails to impress, falls. All this positivity eh, well as Gateboy stated enjoy the Divi....

DYOR

LTI "If the market does not put lower values on the Lloyds business year after year then removing 5% of shares from the market each year would increase the price per share rather than just prop it up."

THE MARKET DECIDES ON THE VALUATION OF LLOYDS BANKING GROUP

just saying...

DYOR

Invites shy investors to turnaround party..

https://www.reuters.com/breakingviews/hsbc-invites-shy-investors-turnaround-party-2023-08-01/?taid=64c9055967be880001827706&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

DYOR

'Invisible' renters earning £30k not eligible...

People earning more than £30,000 are being told they don't have enough money to qualify for so-called affordable rent schemes in London.

Under the deals, renters on lower incomes should be able to secure homes at rates below market value.

But the BBC has found that some landlords insist on applicants earning between £35,000 and £60,000 to stand any chance of being accepted.

Read more;

https://www.bbc.co.uk/news/uk-66255727

DYOR

LTI you have a nice weekend on the BB....

DYOR

LTI..

is this a 5min argument or the full hour..?

DYOR

LTI ""and you are one of them ""

Are you coded to argue? you remind of...https://www.youtube.com/watch?v=ohDB5gbtaEQ

DYOR...

GAZ, ""From the Westmonster perspective, what they are actually referring to is "our type of people" need better saving rates. Others, those struggling with their cost of living crisis, can't afford to"

Exactly...!

DYOR