If you are worried about interest rate rises fear not.  Rates will be on hold at 0.5% till at least March 2010 but more than likely till the end of 2010.

 

So what are you going to do with all that extra cash?  I hope the first thing that popped in top your mind was INVEST IT! 

 

I will be creating a page where you can apply for finance from credit cards, loans, overdrafts etc. and you should combine this with the extra money you have due to low interest rates.

 

If you could amass £7,500 every month or so you could buy a low money down investment property more frequently than you go to the gym!

 

Those of you who are scared of borrowing please look away now:

 

BORROW FROM WHEREVER YOU CAN

 

This is what I did when I started investing properly in 2000.  I did not care I was paying 35% APR as I was making 500% when I factored in expected capital growth,  If I factored in the further properties I bought from the capital growth experienced then this seed capital I got gave me a 100,000% return over a short period.

 

For those who want I reminder of my story you can read it here.  For those who do not want to look backward and only look forward then can I ask you which way do you think prices are going?  Up or Down?

 

VOTE NOW

Posted on: 20th Aug 2009