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I agree, a superb spreadsheet; remember though that money invested in Turkish banks can generate a typical 17.5% compound daily interest (garranti bank on about £8K) risk free (higher 20%+ possible with some risk) so the returns for around £60k invested can generate approx £175 pw, with slightly increasing capital. So anyone retiring to Turkey with minimum UK state pension (us!) and a bit of capital from house sale can be be quite well off-yet retaining a property with increasing value plus a good income plus capital growth! Can't be bad.

17th August 2007, 01:12	#20
Gazgaskell Gaz	Re: Capital reduction I agree, a superb spreadsheet; remember though that money invested in Turkish banks can generate a typical 17.5% compound daily interest (garranti bank on about £8K) risk free (higher 20%+ possible with some risk) so the returns for around £60k invested can generate approx £175 pw, with slightly increasing capital. So anyone retiring to Turkey with minimum UK state pension (us!) and a bit of capital from house sale can be be quite well off-yet retaining a property with increasing value plus a good income plus capital growth! Can't be bad.