Savers have effectively had negative interest rates for a very long time. They still do - indeed, they are more negative than they have been for most of the past ten years. I'm not sure how a si… (View Post)

Is it not better to have a smaller debt at a higher rate of interest than a larger debt at a lower rate of interest? The second is more volatile and overpayment when your income goes up doesn't … (View Post)

The people in the banks should, even if their borrowers don't. (View Post)

... You might not have expected them in the same way that you might not have expected a pandemic and a war, but it should never ever have been discounted as a possibility. Most of us remember 1992. (View Post)

The advantage of a proper tourer is that you don't look as stupid going slowly on one as you do on some race machine. There aren't that many specialist tourer places now but I got one from … (View Post)