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Stand back and take another look at the situation. Whay on earth would you want to lock yourself into any contract with a developer in the current climate. Lock your money away for two years. by then your partner might be back at work depending on the jobs market and you can appraise the...

I have a tracker mortgage, currently at .7% above ECB rate. I am very strongly considering moving to a 10 fixed rate at around 4.5%. The US and Europe are drowning in a sea of debt. This debt will have to be paid off and devaluation and inflation is the time honoured way of managing this...

Well, if you expect high inflation and high interest rates, then fix your mortgage now for 10 years at a good rate of less than 5%. If we do get inflation, your debt suddenly becomes much easier to pay.

Like most people I feel like we have been watching a slow motion train crash with the economy over the past year. I thought i was bearish about the economy before but its really worrying to see the extent to which all sectors are being hammered. Public Sector workers think they are...

Two weeks ago the head of the Irish Banking Federation said that Irish banks were well capitalised and would comfortably ride out the credit crunch. Today, following news that several Irish banks were about to under, the Government stepped in and pledged EURO 400 billion to guarantee liabilities...

Clubman, I am amazed that you removed what I regarded as a valid post this morning on the basis that it was pointless/off topic - when you regularly post comments like this? Do as I say and not as I do, is it?

Frederic, You are taking a very sensible approach by considering all your options. My advice is for you and your wife is to first think about what are your investment goals i.e. are you investing so that you can take early retirement, career break/reduce hours, children’s education fund etc...

thanks dunker, can I ask which broker you use? i have a custody a/c with NIB and phoned them today to enquire about buying USO ETF, which one of the biggest oil ETFs around, and I would have to buy by phone, as its not listed on their ebanking platform. I don't think there is any stockbroker in...

I am planning to buy some funds in a crude oil ETF in the next couple of days - something like US Oil. I am aware of contango issues however I am not sure what better options there are other than an ETF? Last year I invested in an oil tracker fund, which has done great, however there are...

Looking for advice for a slightly unusual query! Friends of mine have complained of pigeons in their attic. Apparently the pigeons have recently taken up residence and are making a lot of noise, keeping my friends kids awake at night. I am not sure how the pigeons got into the attic in the...

I have noticed a couple of investment schemes where apartments are for sale in retirement homes. An example of the scheme would be a developer builds an 80 bed nursing home and also builds 50 apartments beside the nursing home. The apartments are rented to elderly people who might avail of the...

This is more a buying and selling question then a property investment question but feel free to move. I took out mortgage protection on a house which I bought as my PPR in 2001. I have since moved from this house and rented it out and registered it with the PRTB. I am now buying a new PPR...

Re: Betting on UK house price decline Perfect Gonk, i owe you a pint! We'll see how this goes...

Let me first say that this is NOT a question about house prices! Having taken the view that UK house prices will shortly experience sharp declines (whether this view is correct or not I do not want to discuss so please don't get into that point on this thread), I am researching what is the...

But Staples, when we got engaged I gave her a diamond ring, when we got married she got another ring - there are too many precedents to be backing out now! :) In fairness the missus is not the materialistic type but I would like her to have something that reminds her of the occasion (other...

Sounds like you won't be in the new house this side of Christmas so you should be thinking of a 10-15 % drop in price. I would be seeking a revised price of 410 k subject to having keys by Christmas and telling them that you will only be prepared to pay 390 k if it drags on into 2008. If you...

If you have not signed contracts then i would be honest with the vendor and explain your position - you have not been able to sell your house and have been caught in the market downturn, you are worried about the financial implications of paying for mortgages for two houses, you are seeking...

sounds like I can't go wrong with a eternity ring. I'll starting looking up jewellers, has anyone bought jewellery over the net? - with the weak dollar it could be worth it (sounds romantic I know)

A lot of this discussion seems academic to me. Surely the point is that the assumptions and projections that previously supported this type of venture - cheap credit, capital appreciation, investor confidence, predictible interest rates etc either no longer exist or have been eroded of late...

Re: to leave public service or not??? one of the perks of the public service is being able to take a career break of up to five years. Technically you can't take a career break to take up another job but I'm not sure how tightly monitored this rule is. Might be worth a try. In general i think...