Typical innit?
#1
Typical innit?
Kate has just recieved the cheque for cashing in her NHS pension from the Paymaster General in the Uk for her 15 odd years as a nurse. And where is the bastard pound?? Slipping towards 1.95. How bad do you want the timing to be?
Did you know prior to this shite level the worst it ever got was around 2.30? How good does that look these days? Its the bloody greek crisis that seems to be weighing it down now. Where will it end??
Anyway the money will have to stay in a sterling account until it gets better, which apparently it will (yeah right). We might want to get on with our lives but we are not changing sub 2. Who would (unless you really had to?).
Did you know prior to this shite level the worst it ever got was around 2.30? How good does that look these days? Its the bloody greek crisis that seems to be weighing it down now. Where will it end??
Anyway the money will have to stay in a sterling account until it gets better, which apparently it will (yeah right). We might want to get on with our lives but we are not changing sub 2. Who would (unless you really had to?).
#2
BE Enthusiast
Joined: Mar 2011
Posts: 334
Re: Typical innit?
I was speaking with the nice chap from Halo this afternoon who is confident that there should be a significant improvement by late 2011/early 2012. Small consolation. I guess you aren't allowed to keep money in ISA's once you have moved to NZ ? I'm just going to take the bare minimum and leave the majority of funds here until things improve
#3
Re: Typical innit?
I was speaking with the nice chap from Halo this afternoon who is confident that there should be a significant improvement by late 2011/early 2012. Small consolation. I guess you aren't allowed to keep money in ISA's once you have moved to NZ ? I'm just going to take the bare minimum and leave the majority of funds here until things improve
I too am cashing in my plod pension.
#4
Re: Typical innit?
We cashed ours in too, even Mr BEVS bit of NHS pension fund. I got 2.20 back in Feb.
Agree about the AAA+ ratings. Wouldn't settle for anything else.
Agree about the AAA+ ratings. Wouldn't settle for anything else.
#5
Victorian Evangelist
Joined: Sep 2005
Location: Melbourne, by the beach, living the dream.
Posts: 7,704
Re: Typical innit?
BB
#6
Re: Typical innit?
Dear God.... can you fix up that there ozone hole thingy a bit?.... and whats with all this here shakin' everythin around then?..... sort it please!
#7
Re: Typical innit?
Blimey! I never knew it had gone that low. Don't worry you soon will be joined by others who need or want to do a GBP forex, its well on its way to 1.90 just now..having lost about 4 cents in 24 hours.
#8
Re: Typical innit?
Kev if you are back off to blighty you will benefit big time on this current parlous rate eh? If it gets any lower I wonder how many will think 'bollocks I am worth soooo much in pounds right now I am going to do one'??
#9
Re: Typical innit?
I had a leaving gift from work today of some kiwi dollars which was cool
Had a look at the rate today and its looking crappy again!
Will be needing to change some cash soon... still seriously tempted to bring some GBP over to NZ with me and change it when rate improves!
Had a look at the rate today and its looking crappy again!
Will be needing to change some cash soon... still seriously tempted to bring some GBP over to NZ with me and change it when rate improves!
#10
Re: Typical innit?
I do not see the current rates as sustainable OR the new paradigm. Neither do I see 2.40 in the near or distant future. But 2.20 is well possible and worth having your money sat in an NZ sterling acct. albeit earning no interest until we see some improvement.
#11
Re: Typical innit?
I know NZ is not quite living up to expectations (would anywhere?) but the UK is in real dire straits. Im all for a flutter on the currency markets, but to re-locate back to the UK, even with a mill or so in the bank, no I can't see it happening. I do know a few who have thought just that though.... I know eight people who have returned already, and at least two other couples who are on the verge!!!