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melv
25 Mar 10 12:00
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Date Joined: 19 Feb 06
| Topic/replies: 7,224 | Blogger: melv's blog
Nationwide are messing me around a bit. But I can get a 3 year fixed rated off them @ 4.4%. Anyone happen to know if I can get a better offer. I am happy with the 3 year deal.
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Report Live4 March 25, 2010 1:09 PM GMT
4.4%? Inflation will quite likely be more than that over next 3 years. Not what I'd call a good investment

If you want 10% returns or higher you should diversify away from Sterling and into commodities (silver, gold, oil) and/or a basket of asian pacific/south asia/south american currencies, or consider buying some foreign mining/energy stocks.

Don't put all your eggs in one basket, and if there's one basket I wouldn't put any eggs in it's the Sterling basket.
Report Live4 March 25, 2010 1:11 PM GMT
Another thing to think about is interest rates, which in 2 years will be considerably hihger than they are now.
Report melv March 25, 2010 2:37 PM GMT
Thanks much appreciated.
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