@Peter_Ward@labourlewis Put your wealth in a savings account you are providing debt to those that need it.
Invest your wealth you are providing equity to those that want it.
@123eENOUGH@BladeoftheS Norway’s population is less than 10% of the UK, but had the same oil reserves.
Obviously oil with have a bigger positive impact on Norway than the UK…
@Kylemr Fixed rate mortgage for an extended period of time give the certainty over you payments for that period.
It’s worth checking the early repayment penalty as that is the cost of swapping to a mortgage if rates drop.