SilliamWhale
Member
You got lucky. Mind I've got one at 1.24%
Best "inflation proof" farm investments?
- Thread starter steveR
- Start date
You got lucky. Mind I've got one at 1.24%
- Location
- Scottish Highlands
I could have had lower, but not for life of loan. Having done a short term tracker before I CBA with another so accepted a slightly worse rate for a longer term. Remember, there were short term BoE minus rates at the time too, with BoE running about 5% I think at the time and banks keen to throw money at anyone who wanted it..
Don't want a new one still have the paint on the floor after 30 yrs
Steevo
Member
- Location
- Gloucestershire
Certainly inflation-busting for sure!
One sound investment, if it is applicable and if you can afford, it is to bestow a legacy early on children or grandchildren.
They may be at an age when they need a leg up, and maybe would appreciate a bit of help now rather than at some time in the future when they might not need it. And you will be dead and gone and won't have the satisfaction of seeing them make (hopefully) sensible use of it.
We only live once, including Hindus or Buddhists.
They may be at an age when they need a leg up, and maybe would appreciate a bit of help now rather than at some time in the future when they might not need it. And you will be dead and gone and won't have the satisfaction of seeing them make (hopefully) sensible use of it.
We only live once, including Hindus or Buddhists.
d williams
Member
A mate of mine had one of those but with a different company they sold out to another company they tried everything to get him to give up the facility he wouldn't I told him to see if they'd buy him out of it
I'm paying 0.6% on one of mine ( was set @ 0.5 above BOE Base 15yrs ago), unfortunately it's now the smallest one
- Location
- Scottish Highlands
As you can see, mine is with Barclays but was a Woolwich mortgage at the start.
Still waiting for an apology from @Agrivator too, for suggesting I was writing ballox.
Exfarmer
Member
- Location
- Bury St Edmunds
AMC were handing out variable rate loans at .25% above BOE base.
I paid a lot to change my fixed 11% into one.
When I fixed everyone told me I had a hell of a deal
- Location
- Yorks
I bought 150% of 2021 requirements. Should have filled the shed. Easy to say now.
Question is, what's the investment for this year?
In our case land drainage but no idea if that’s a good desision or not
I might claim to be many things after a few drinks, but Christ isn't one of them.
What's yours? I'm guessing that those who are already rich will become richer than Croesus, something that's happening alteady but the rate of change will increase. This endless money printing takes money away from the little people and moves it to the rich. Every currency's value is being eroded, it's only the fact they're all at it that hasn't caused major shifts so far. I really don't know what's going to happen but it ain't gonna be pretty. 2007/2008 was the dress rehearsal. At least then they were pretending to right the ship. What's happening now isn't just the frantic attempt to counterract covid, it was the continuation of the 2007/2008 denial that was already happening but turned up to 11 because of covid. The money printing didn't start in 2020.
I would've done that but we get ours from Origin and that maybe wouldn't have been so clever.
Could've sold it on as cement though....
- Location
- South east
I think so. Taxman can’t get it when it’s underground. I quite like to top up any p&k low spots in a good year for the same reason.
spin cycle
Member
- Location
- north norfolk
i reckon oil boilers cos when they ban the sale of new ones ppl will still want them
Steevo
Member
- Location
- Gloucestershire
It’s always a good decision…..just not always a fast payback!
Unless the idiots demand we all plant more trees.....
Breakthru
Member
- Location
- Scottish Borders
There was me thinking 1% over base for last 19 years was good. Well done the winners, as in not the lenders!
The next winners are those at the bottom who have had stagnant wages since oor tonie opened the borders to unlimited eu labour in 2004.
Wages are now going to increase by 50%. Forget about min wage.
Women and kids could make £100/ day picking calabrese in 1980.
Daffodil pickers and the poor b#ggrs face down on a trolley picking asparagus have to work hard to do that in 2021. Virtually no one on here would even get out of bed for less than £20/hr and want time and a half for Saturday and double for Sunday. Quite rightly in my view.
Outside food which with Anzac, Canadian etc deals which will keep it down inflation now 20-100% in 6 months.
The next winners are those at the bottom who have had stagnant wages since oor tonie opened the borders to unlimited eu labour in 2004.
Wages are now going to increase by 50%. Forget about min wage.
Women and kids could make £100/ day picking calabrese in 1980.
Daffodil pickers and the poor b#ggrs face down on a trolley picking asparagus have to work hard to do that in 2021. Virtually no one on here would even get out of bed for less than £20/hr and want time and a half for Saturday and double for Sunday. Quite rightly in my view.
Outside food which with Anzac, Canadian etc deals which will keep it down inflation now 20-100% in 6 months.
Sir loin
Member
- Location
- North Yorkshire
We are starting to build a caravan site as our inflation proof farm investment.
Edit I should have said a bigger caravan site.
Edit I should have said a bigger caravan site.
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