@_NoPalState@PolitlcsUK In another reply with some basic assumptions it’s around 7p per month per £100 you leave in cash so that’s the opportunity cost you’re going to have to pay instead of just transferring it in
@Cornellius_Fox_@PolitlcsUK So assumptions of 100 in there for a month, 3.6% interest (this is what my cash isa gives so using for ease)
100*3.6%*22%/12 0.066 so essentially 7p a month per 100 in there
@FreddieForThis@PolitlcsUK That’s fair, but could you have the cash in a savings account? I personally use DCA method but transfer cash from a different account
This is getting absolutely ridiculous now.
Headline: Rayner’s family home was valued at almost twice the amount of other recently sold properties on her street.
Article: Behind a paywall so most people will take that insinuation at face value
The reality?
🧵1/10