Cash, what to do with it come negative interest rates?

Jerry

Member
Mixed Farmer
Location
Devon
I get the feeling this is going to be a more and more likely scenario......

So what to do with cash?

Various pots to think about!

1: Cash in the business
2: Cash in personal accounts
3: Cash in pension pots nearing maturity (ie in the next 2 or 3 years)

Borrowings are minimal in business and personal accounts, most of which is on near zero interest rates.

Various values against all pots but they add up to.....
 

Johnnyboxer

Member
Location
Yorkshire
I get the feeling this is going to be a more and more likely scenario......

So what to do with cash?

Various pots to think about!

1: Cash in the business
2: Cash in personal accounts
3: Cash in pension pots nearing maturity (ie in the next 2 or 3 years)

Borrowings are minimal in business and personal accounts, most of which is on near zero interest rates.

Various values against all pots but they add up to.....

I feel your pain [emoji6]
 

Forever Fendt

Member
Location
Derbyshire
I get the feeling this is going to be a more and more likely scenario......

So what to do with cash?

Various pots to think about!

1: Cash in the business
2: Cash in personal accounts
3: Cash in pension pots nearing maturity (ie in the next 2 or 3 years)

Borrowings are minimal in business and personal accounts, most of which is on near zero interest rates.

Various values against all pots but they add up to.....
Don’t worry about it what will be will be
 

hoff135

Member
Location
scotland
Im only small fry but since Im in a fairly rare but happy position of being early 30s and owning my own house out right and being kid free, i am spending quite a bit of money on my own small farm and business.

I seriously p*sses me off the way the govt have handled the countries finances the last year, throwing money about like confetti so im getting my income tax bill down to the bare minimum. Doesnt seem any point saving so might as well buy toys with it😂😂😂
 

Jerry

Member
Mixed Farmer
Location
Devon
Help your kids on to the property ladder, if they are going to uni buy a student flat , renting out spare room will help with mortgage ,
There will be huge effort needed for youngsters to get started by themselves with covid to pay for
Help your kids on to the property ladder, if they are going to uni buy a student flat , renting out spare room will help with mortgage ,
There will be huge effort needed for youngsters to get started by themselves with covid to pay for

That’s already sorted just about.
 

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Man fined £300 for bonfire-related waste offences

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Written by William Kellett from Agriland

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A man has pleaded guilty at Newtownards Magistrates’ Court to waste offences relating to a bonfire next to the electrical sub-station on the Circular Road in Newtownards, Co. Down.

Gareth Gill (51) of Abbot’s Walk, Newtownards pleaded guilty to two charges under the Waste and Contaminated Land (Northern Ireland) Order 1997, for which he was fined £150 each and ordered to pay a £15 offender’s levy

On June 25, 2018, PSNI officers went to Gill’s yard, where they found a large amount of waste consisting of scrap wood, pallets, carpet and underlay.

Discussion with Northern Ireland Environment Agency (NIEA) officers confirmed the site...
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