Spugsy

yeah we're not paying loads back on the cards we're just keeping cash in the bank, we were going to go to thailand in march but we've put that on hold just in case,

saying that today is the last day of my 3 month probation period, so that's good news for me (as long as they don't sack me at 5.55!)

But yeah, we went to hyperpanda for a big shop last week, not buying loads of expensive stuff at the minute,

although I have promised myself a PS3 for xmas and not get it yet - anyone know if they will be cheaper in the sales??

Blue Cat

PS3's should come down during DSF, if not you get free games etc with them. We have got one but we hardly use it, make sure you are 100% sure and it is not just a whim ..

Spugsy

erm, well sell me yours then if you don't want it?

Oh I want one alright, and I got AED 700 vouchers form work for xmas so I can out them to it.

Blue Cat

I would sell it tomorrow but Atilla plays golf on it

Jeeper

My missus bought me one and rarely play anything other than golf on it. Addicted. That's when i'm not on 'the bored' of course (which last two days - according the missus - was too much).

Jeeper

Don't get me wrong. I've done yulumba and probably all the rest, some more than once. Waxy's is probably the only one I did multiple times....maybe DDers too....but they were cheap pis.s. ups.

But I never felt the need to go every weekend or even every month....once in a while is enough....probaby still more than you'd do back home.

IndieG

Same as before...no change.

Never do buffet because I have a stomach like a bird....can never eat too much . besides am a vegetarian.


BTW - just heard ADCB is paying 7-7.25% on 1 year deposits:-)

Jeeper

Just heard NZD is near 53cents and still falling......ADCB can get stuffed.

Grace O Malley

prob a silly question but is that good then compared to the others Indie?

Squirty Cream

Since I am ALWAYS broke, the professional advice I received was just to stash some cash and worry about interest rates once I had got a reasonable amount together. Can ask my 'professional' for his opinion if you want. But, isn't Meow in that field of business too?

IndieG

Yeah, I've already set up fx limits to buy A$ forward.....am waiting for it to plunge and am in no hurry....bring on the mighty fall!!

IndieG

It is the best. RBS was offering 6.6% until yesterday. ADCB is in Abu Dhabi and if they go bust, then they'll just fall into NBAD's arms...ADCB is majority (65%) owned by ADIA.....

Inselaffen

use my ps3 more for watching downloaded tv shows from a usb memory stick

The Dean

Paying 7% for deposits when market rates are well below that sends out one almighty warning signal - "we pay up because we have to". Expect liquidity crisis at ADCB, followed by......... er, another liquidity crisis at ADCB.

In my 30+ years in the money markets, I have never regretted turning down seemingly too-good-to-be-true rates............

IndieG

But it isn't, too good to be true, rate is it? That is the cost of liquidity here and every bank is paying 6% and above, including the likes of RBS; Stanchart; HSBC. But given the AD backing and the Central Bank "guarantee", relatively short exposure (12 months), I am comfortable with the risk....

What is your take on RBS? Is it ok given that the UK Govt has a majority stake in it?