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AIBU?

To think 20% annual interest is unachievable

12 replies

jsaclaim2016 · 24/02/2016 08:55

This on the entitled to website is what the government estimates you will get on capital?!?!

Surely its a mistake?

OP posts:
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Collaborate · 24/02/2016 08:58

Link?

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acasualobserver · 24/02/2016 09:05

Where do I sign up?

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AgainstTheGlock · 24/02/2016 09:06

Roll up, roll up to the marvellous Ponzi scheme. Wink Of course you're right - not based in reality.

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whatevva · 24/02/2016 09:09

Any interest at all is a struggle these days Sad

I have heard about this on MoneyBox on R4, but it looks like no one cares about it enough to do anything.

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chilipepper20 · 24/02/2016 09:42

you are clobbering the stock market at that rate. sign me up, but sounds TGTBT.

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jsaclaim2016 · 24/02/2016 12:42

I presumed it was a mistake, but apparently not! Thanks government

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Noofly · 24/02/2016 13:21

Really need a link to see what you are talking about...

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OneFlewOverTheDodosNest · 24/02/2016 13:29

Really need a link to see what you are talking about...

Yes, me too please!

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Andrewofgg · 24/02/2016 13:45

Link or it's not so.

Anyway, you can go better with my Atlantic Tunnel Company.

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Berthatydfil · 24/02/2016 13:49

No this is a notional income and not linked to actual returns.
Its designed so that you will gradually have to use your savings to top up your benefits until you get below the threshold for your savings to count.

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bakeoffcake · 24/02/2016 13:51

Where's a link????????????
Grin

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lalalonglegs · 24/02/2016 14:24

Do they mean that you will pay 20% tax on interest?

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