UK interest rates hiked to 4.25% after surprise inflation rise 

Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.

I remember when I was dropped from Airbnb a couple years ago. I dusted off and moved on. Running a health tech startup now, and making the equivalent of my six-figure annual salary in months from the market. I outsource the investing part, and focus on my startup. Every disappointment is a blessing.

@@adenmall7596 Which firm do you invest with, please? Invested through J.P Morgan Hedge Fund arm in the past, but they were not giving me what I wanted.

@@africanboi4542 No, I don't use firms as wealth managers. Their large bureaucracies don't enable good returns. I use individual wealth managers who have a proven track record. So you could check out a couple. I personally work with ELEANOR ANNETTE ECKHAUS.

Thanks, Aden. I just looked her up and she seems really proficient. I have sent her a message, and I hope she gets back to me soon.

Then ensure that this losers mentality won't happen to you. Do whatever it takes to be successful in life, its worth the effort.

You probably don't own enough nothing yet.

no you weren't.

What is?

This is the big lie about rate rises. Everyone knows that it's the banks who benefit from higher rates. Everyone else suffers. Inflation is being driven by high food prices in the UK, thanks partly to good old Brexit.

No. I'm willing to explain inflation and interests to you, but only if you're genuinely interested in learning and not just looking to be an angry contrarian Edit: Which are you?

@@tjmarx please factor in the GBP£ to the u.s$ was $1.9 in 2007. Also food price that have gone up worldwide, how can it be control by Our National Interest.

@@tjmarx you better look at the Blackrock report on the matter too before commenting.

@@allykhan8594 Don't bother with TJ, he's just a condescending contrarian hiding behind a psuedonym and a fake pfp.

Mortgage rates were 3 and 4 times higher than that of today. To suggest that a house cost little more than a years salary is rubbish utter rubbish unless you happened to live in the most deprived and rundown areas of the country. It was never easy for the young to buy a home, particularly the first one but I do agree now it's harder.

It was much easier to buy back then stop lying

"...you could pretty much buy a house on a years salary" Ummm... no.

Not even close to reality. Let me guess, you're a millennial

​@@melvinnnamah9040 Troll 📢Are you a troll 😢😂

They underestimate some nation.

Instead you will drive proud your car on London roads.

It's the **rate** of inflation that goes down; all it will mean is that we will still get poorer but more slowly. Meanwhile food prices will still be up, so will energy prices.

​@@Skylark_Jones That's not actually true

@sock That's also not true. I do want to acknowledge my appreciation of you using the pseudonym sock on this sock puppet account. Perhaps in the future you can just stop using sock puppet accounts altogether

And loosing their homes to pay double price for rents or paying for living in the street same rent prices and banks are doing proper their jobs.

What on earth are you even talking about?

​​@@tjmarxe is right, the tax payer bailed out the banks in 2008. The bankers used the money to buy big houses in London. No one was ever made accountable!!

@@tjmarx "credit crunch"

@@decimal1815 I still have no idea what you're trying to say. You don't seem to know either.

Parliament called in the bankers recently to ask them why rates were so low. The banks just pocket the profits as usual because the regulations are too weak.

the wise person would keep there money in gold not the bank

100% They are stealing from those who save.

yeah but every base rate rise is followed by the uk msm automatically pumping out the 'good news for savers' mantra. surely they wouldn't be lying through their teeth...

HSBC the UK's biggest bank made less profit in 2022 than 2021. Mortgage rates aren't high, they are very average.

More like a small pair of steps. Interest rates aren't high at all. In 1979 base rate was 17%, that's high !

lol 4.25% isn't high.

What you actually mean is: "Interest rates are much more line with with historic averages." Right?

Exactly. And there is so much external pressure on inflation at the moment, which even raising the base rate to 1000% can't fix. BoE are like headless chickens, practically a parody of themselves.

@@midlifecarsis6420 this is not only the Bank of England at fault. It is the unwillingness of " governments " to tackle the corrupt form of capitalism that dominates us. I am not anti capitalist what I am against is that it simply doesn't work for the vast majority of us now simply because there is little to no regulation controlling it. It literally, as an economic system, makes no sense. It is killing off small businesses. It leaves the vast majority of us with little to no disposable income to spend on goods that kept small businesses afloat. It has allowed the banking system to create a debt system which, again, decreases the amount of disposable income. You have a market system , which is essentially a casino, that decides what governments economic policy should be. Governments allow corporations to decide how much tax they should cough up by creating tax loopholes you can ride a coach and horses through. And just published, we have discovered that over 150 ex u.k. m.p.'s have taken up corporate positions, after they left, for corporations they helped create legislation in favour of. The system is not only economically indefensible it is corrupt and along with it governmental oversight. I only have an o'level in economics but if I can work this out what does it say about economists. Are they simply unable to see the whole picture? I doubt it. As an example look to how the UK economic forecasts for each year were calculated. They predicted a yearly average growth of 2.5% it averaged just over 1%. They haven't been right once

U.S: U.K,, can we follow your mutual interests from your empire. U.K. Sure, it's in our interests and we dont have to pay for the defense.

Actually it peaked at 17% but yep people hard done to these days. They have no idea

Yeah 18% on low mortgages of the 70's (average house price was 20,000). Compared to house prices of £250,000 in today's terms are not realistic.

When Labour last left office, they left a note in the Treasury saying that there was no more money. That's why we had 10 years of austerity to rebuild the countries finances after Labour had recklessly squandered it all away.

most poor people in Britain are very well off not working and on benefits.

It isn't, nor is it being acknowledged as such.

What has Brexit with the financial system? Almost nothing!

We were never in the Eurozone👍🤦‍♂️

LolWuttt?

@@swampy1234 google translate if you don’t speak English

@@joshslosh2359 not an English problem, it's that you don't seem to have a grasp of economics

@@swampy1234 well debate me then. Tell me why I’m wrong?

They do not permit themselves to realize their stupidity.

Lot of people have been speculating a bounce on major assets. Is this a good time to get in? I have my doubts considering how poorly the markets are performing.

Those that planned ahead and have multiple income sources.

​@@jjefferyworboys8138 the 1%

No money has been siphoned and the banks aren't fragile. SVB and Signature were two small regional INVESTMENT banks that were holding too many government bonds which dipped in value with interest rate rises. It was poor assets management by these banks and is not a wider market problem, let alone an international one.

Low interest rates for 10 years have inflated the property market.

Farmers are leaving because uk brexit voters kicked them out got rid of experienced EU farmers and replaced with the British who know nothing about farming what do you expect is gonna happen. Obviously the British people can't do farming it was mostly Europeans citizen that did farming now they got rid of them now this is gonna happen

The solution is to bring in indian or bangladeshi farmers who can do this

@Margaret True, the US-Stock Market had been on it's longest bull-run in history, so the mass hysteria and panic is relatable, considering were not accustomed to such troubled markets, but as you mentioned there are avenues lurking around if you know where to look, l've netted over $650k in the past 8 months and it wasn't some rocket-science strat. I applied , I just knew I needed a firm and reliable technique to navigate better in these times, so I hired a portfoilo advisor.

@@MrGravity304 that's impressive! I could really use the expertise of this advisors, my portfolio has been down lately....who's the person guiding you?

@@Harperrr.99 my financial advisor is 'CASEY ALLEN GRAY'. I found her on a CNBC interview where she was featured Afterwards I reached out to her. she has since then provided me with entry and exit points in securities I focus on.

@@MrGravity304 Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

Well done!

And you never had a Brexit.

@@kevt3318 it exists first of for all Rubbish of England.

@@vitalietuzla-qi8gq Thank you.

U sniffing PCP broski

Go to McLaren instead my man, they have much more favourable deals.

No one knows the future. No one. Everyone is just only ever guessing about the future. That guessing can be informed and evidence based but it's always a guess and you may miss something. She doesn't know because she doesn't know. She works at an investment bank and no one can tell what the result of a action just taken will actually be. They can talk about what they think might happen, what they hope will happen, but no one actually knows until it happens. The reality of the world is a bunch of people running around winging it every day and no one controlling the ship. That things tick over every day without critical disaster is the biggest miracle known to man.

@@tjmarx not when it comes to economics if u create inflation banks and institutions become insolvent but ur a sheep do u buy their lies I saw this coming go listen to peter schiff he's been warning about this for years that's why I have no hope u deserve to he oppressed cause ur ignorant

Reported for racism

Bankers are cautious and prudent by nature. They aren't there to be popular, just profitable.

He will have borrowed money to open the business and potentially for the space they operate in. Interest rates effect repayments on the business loan(s) and thus mean less left in the till for payroll. Make sense?

Rent

He's talking about how it effects his customers. If you have no customers because of low disposable income then you don't have a business. I can't believe I've just had to explain that to someone, let alone someone that watched the same video I did. No wonder the country is in a mess.

True, savers has been punished the last 14 years. Was literally no point in saving.

Yea Rishi loves handing our taxpayers money to Ukrainians

only if you work full time. go part time like me, just for your own bills.

@@888ssss Yes. Common people should work 24*7 to deal with the stupidity imposed by billionaires backed politicians.

The UK is a poor country and deserves pity, is that what you want people to think? Or that the government is incompetent? 🎉🎉🎉🎉

U mean Russia

Why is inflation so high in India? CPI food index rose to 5.9 per cent in Jan'23 from 4.2 per cent in Dec'22, on YoY basis. Cereals and product-led food inflation reached *16.1 per cent in January 2023 from 13.8 per cent in December 2022.* Fantastic news! 🤣

It is the only way.

​@RMX Studio little gold aswell perhaps?

Brextard!

Yeah leave brexit alone 🤣

But your mortgage was tiny compared to what people have to borrow nowadays

What's your point exactly Malkaren?