£ reaches $2 today
Jun 26th 2007, 4:43 am
#46
Thinking about it
Joined: Oct 2005
Location: Mid-West
Posts: 9,435
Re: £ reaches $2 today
It only really impacts investors, who deserve all they get imo - let's face it no investment generating 15% returns pa is risk free.
Jun 26th 2007, 4:47 am
#47
Former Floridian
Joined: Mar 2006
Location: Back where I belong
Posts: 574
Re: £ reaches $2 today
I once bought a Flake for $2.50. 
When I go to raid the British food section in Publix now, though, I just grab stuff and don't even look at the costs. They do Devon Custard. Mmmmmmm. Screw it, it's the one thing I can really call mine in the US, I'll go without other food to compensate for the price!
It's really funny to see the disclaimer they put on the shelf about the British date being back-to-front, too! Can imagine the screams of horror if they didn't have that. 
When I go to raid the British food section in Publix now, though, I just grab stuff and don't even look at the costs. They do Devon Custard. Mmmmmmm. Screw it, it's the one thing I can really call mine in the US, I'll go without other food to compensate for the price!
It's really funny to see the disclaimer they put on the shelf about the British date being back-to-front, too! Can imagine the screams of horror if they didn't have that.
Jun 26th 2007, 4:51 am
#48
SUPER MODERATOR
Joined: Dec 2005
Posts: 88,108
Re: £ reaches $2 today
I once bought a Flake for $2.50.
When I go to raid the British food section in Publix now, though, I just grab stuff and don't even look at the costs. They do Devon Custard. Mmmmmmm. Screw it, it's the one thing I can really call mine in the US, I'll go without other food to compensate for the price! It's really funny to see the disclaimer they put on the shelf about the British date being back-to-front, too! Can imagine the screams of horror if they didn't have that.
When I go to raid the British food section in Publix now, though, I just grab stuff and don't even look at the costs. They do Devon Custard. Mmmmmmm. Screw it, it's the one thing I can really call mine in the US, I'll go without other food to compensate for the price!
It's really funny to see the disclaimer they put on the shelf about the British date being back-to-front, too! Can imagine the screams of horror if they didn't have that. 
Jun 26th 2007, 5:32 am
#51
Mr. Grumpy
Joined: Jun 2003
Location: Nashville, TN
Posts: 3,100
Re: £ reaches $2 today
Negative equity only becomes relevant if you want to sell up - if you are just moving from house to house (like most people) then it just means you have to move to a slightly smaller house (relatively speaking).
It only really impacts investors, who deserve all they get imo - let's face it no investment generating 15% returns pa is risk free.
It only really impacts investors, who deserve all they get imo - let's face it no investment generating 15% returns pa is risk free.
Investors going for appreciation are gambling, pure and simple IMO....
Jun 27th 2007, 11:59 am
#55
Just Joined
Joined: Jun 2007
Posts: 21
Re: £ reaches $2 today
Negative equity only becomes relevant if you want to sell up - if you are just moving from house to house (like most people) then it just means you have to move to a slightly smaller house (relatively speaking).
It only really impacts investors, who deserve all they get imo - let's face it no investment generating 15% returns pa is risk free.
It only really impacts investors, who deserve all they get imo - let's face it no investment generating 15% returns pa is risk free.
