From: whitely525@yahoo.co.uk
Newsgroups: uk.finance
Subject: Re: Help me to die poor!!
Date: 6 Mar 2007 14:24:43 -0800
posting-account=AUXwog0AAABIH84t1tiwGGc-zyjT0LEw
On 6 Mar, 22:09, Tom Robinson wrote:
> On Sun, 04 Mar 2007 23:59:31 GMT, Ronald Raygun
>
> wrote:
> >Hank wrote:
>
> >> On Sun, 04 Mar 2007 17:42:03 GMT, Ronald Raygun
> >>>There's no way interest rates will be coming down soon. They have
> >>>quite way to go up first.
>
> >> I was hoping perhaps one more rise in May and that's all. No?
>
> >No.
>
> Surely rates cannot go up much further, as that would risk crashing
> the housing market, and the government will never let that happen?
> That is the "word on the street" anyway.
Wholesale energy prices have tumbled. This was one key factor which
caused
the 'shock' rate rise.
So you could be taking a big risk by not being in shares & property...
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