Nope. Because it is money I can't afford to lose. So I don't invest it at all. It is a safety net, not an investment. (View Post)

Yep. Same for me a bit earlier. Bought my first house in 1988 and by the time things fell apart with my bride to be in 1989 the value had already dropped below the mortgage value. That was a nasty ti… (View Post)

Yep. Sadly in my business downturns are all too common. I think we have just come out of the sixth since I started my career, although to be fair I have managed to work through most of them (although… (View Post)

Yes but it depends on what it is being used for. So as a consultant I have built up a reasonable amount of savings for the days/months/years when I am without work. It is the prudent thing to do, and… (View Post)

Yep exactly my point. This is a result of the Working Tax credits system introduced by Brown. It actively encourages employers to pay below living wage rates in the knowledge that the difference will… (View Post)