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These 105 comments are related to the topic:
The £
The £
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Replies: 105
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its not in Europe lfc.sorry i thought you were saying I was hypocritical moaning about the £ and hoping to leave..i am just angry at how long this has gone on with no real evidence of anything changing in the near future and the change in the value of the £ in the last 2 months is shocking...all being well I hope to ride it out ok
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It doesn’t matter where your house is the same applies
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in the near term if we leave with no deal it will get worse for you,if we go with a deal it will be better for you,currency wise
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not really....im earning in £s and buying in another currency
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yeah I am expecting it to get worse....just how much though?
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People need to be careful commenting on markets, they don't telegraph which way they're going. If they did no one could make any money because they'd be too predictable.
Despite all the gloom about the pound, it's no lower now than it was in early 2017. And why did it go from $1.20 in Jan 2017 up to $1.42 in April 2018, only to fall back, then start rising in the run up to the Brexit date when you'd expect it to go the other way after listening to all the predictions? Then when May called it off and got an extension it started to fall again. Much the same story against the Euro. Look at the chart to see the true picture, we'd have probably got to $1.20, Brexit or no Brexit. |
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You’re buying ( just as an example) euros
The house is valued in euros |
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You can’t be losing money if the value of the euro is rising
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yeah but that's pretty irrelevant if youre not selling...just the cost of buying is rising
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dont buy yet,wait till the currency rate changes in your favour
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too late for that
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no it’s not , if the euro was to fall , and it might then you would be losing money
It’s not falling , that’s the same as putting money in the bank and earning interest |
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Plus you have a house
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well if you have already got a property you must have taken into account rising interest and currency rates or are you young and dont realise they do go up and down
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no I am old …... the £ has dropped ..surely I am not the only person affected to some degree by it..i just fancied a rant when I saw how much it is devaluing and for what??? obviously its Brexit mainly...I took an interest in Brexit to begin with but now......
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very selfish :(
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Don’t worry black shuck , things are going very well just now , the euro is doing well and you are buying a house in Europe ( or wherever )
Alls good |
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1.44 in 2015.
1.24 a year later and before the ref. If you'd bought then, what would you be blaming on the fall of the pound? |
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The British pound is a very old and valued currency , that I presume will continue to be pretty much the case for the next 100 years at least
I don’t see how that changes too much |
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nothing is good in europe,negative interest rates and QE and now looks like the rest of the world is trying to catch them up,whatever can go wrong
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Yes all will be well as long as we don't do a venezuala or Zimbabwe..
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It’s a beautiful thing to have a house abroad , and maybe one in England also ?
well done black shuck |
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Market traders are the last people to tell the public the reason for the moves.
''Let them believe anything they choose to believe'' is the market motto. ''How can we make any money if everybody knows what's going on'' is another. |
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we are heading more towards what zimbabwe and venezuala did rather than the other way,who really can be buying negative rate bonds unless it central banks basically printing money and buying them themselves
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No home over here..just the dream of a quiet retirement..people must notice how bad the £ has got when they holiday..30 odd % is a lot..
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don’t blame you for leaving , will do the same myself come the time
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If the pound had been on equal terms to the euro I would have voted to remain in the EU but because we were always at a distinct disadvantage I voted to leave
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Maybe keep my house in Eastbourne , that’s as beautiful in it’s way as anywhere in the world
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England is definitely one of the best places to live as long as you have a few Bob.. I just don't like car parks for roads and over crowding
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come back if I need nhs treatment lol
If foreigners can do so , so can I |
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If you survive the waiting list
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Good point most people don't know just how far behind the rest of Europe the NHS is,the NHS free at the point of abuse
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The grass is always greener.
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"Get all your money out of the UK" © unitedbiscuits 2016
The average British family is - because of the Brexit vote - already £50,000 poorer on a world-wide scale. |
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yer put it in the euro the euro thats worth 87p
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Thanks for the masterclass, macarony.
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"Get all your money out of the UK" © unitedbiscuits 2016
Jacob Rees-Mogg took your advice |
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your welcome UB any time
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He sure did A_T , and now he's in Govt.
You know who supports and sponsors Rees-Mogg? Peter Hargreaves and Crispen Odey. Both are shorting you. |
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''1.44 in 2015.
1.24 a year later and before the ref.'' Too late UB, should have got your money out of the UK in 2015 well before the referendum. Although it's never too late to take advantage of a trend. You don't seem much good at predicting the rises either. Pound against the Dollar after the ref. in Jan 2017 - 1.20. Pound against the Dollar April 2018 1.43. A 19% rise there, how can the pound rise 19% with Brexit such a factor? |