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06 March 2009 11:14
Warming to the idea of a sound investment
I cannot pretend to be an expert on all things financial, but have been fascinated by the subject of the Bank of England's announcement that it is going to be embarking on a policy of 'quantitative easing', which I have to admit I've found tricky to get my head around.
I've also been fascinated by the ever falling interest rate - brilliant for borrowers, it seems, but hugely miserable for savers. Apparently £100,000 in an account will only achieve £290 in interest and that's before tax!
Many of the this morning's newspapers have articles illustrated by pictures of money stuffed into mattresses. I, though, have a better idea. I think a great way to invest right now is in buying an Aga. An Aga can add serious value to a house, so it's a sound investment, and - with the world so gloomy at the moment - who wouldn't benefit from a little Aga magic.
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