FORUM
  Home
  Forums
  Photo Gallery
  TLF Donations
  Forum Rules
  Register
  LINKS
  Property Buying Guide
  Didim Google Map
  Weather Station
  Classified Ads
  FUN
  Arcade Games
  Daily Crossword
  Jen's Chat Room
  Lira Exchange Rates
Old 20th January 2017, 10:44   #601 (permalink)
Senior Member Has-Been
 
immac's Avatar
 

Thanks: 2,770
Thanked 6,885 Times in 2,506 Posts
immac has a reputation beyond repute immac has a reputation beyond repute immac has a reputation beyond repute immac has a reputation beyond repute immac has a reputation beyond repute immac has a reputation beyond repute immac has a reputation beyond repute immac has a reputation beyond repute immac has a reputation beyond repute immac has a reputation beyond repute immac has a reputation beyond repute
Re: Watch The Lira Now

I finished reading this thread, and was lamenting that all the deals like this are never around when I want to invest, when I stumbled upon this sure-fire investment for "Antique" mobile phones - presumably that is Edwardian period?
I throw it open to fellow investors as a once in a lifetime opportunity to get antique phones:

https://www.sahibinden.com/ilan/alis...96769545/detay

Ian
immac is offline send PM Reply With Quote
Old 20th January 2017, 11:29   #602 (permalink)
Spurs
 
Spurs's Avatar
 

Thanks: 14,664
Thanked 30,226 Times in 12,886 Posts
Spurs has a reputation beyond repute Spurs has a reputation beyond repute Spurs has a reputation beyond repute Spurs has a reputation beyond repute Spurs has a reputation beyond repute Spurs has a reputation beyond repute Spurs has a reputation beyond repute Spurs has a reputation beyond repute Spurs has a reputation beyond repute Spurs has a reputation beyond repute Spurs has a reputation beyond repute
Re: Watch The Lira Now

Deleted
__________________
Spurs

NO STRANGER TO DANGER

Last edited by Spurs; 20th January 2017 at 11:33..
Spurs is offline send PM Reply With Quote
Old 20th January 2017, 12:27   #603 (permalink)
Just passing through
 
oldfogy's Avatar
 

Thanks: 1,511
Thanked 3,883 Times in 2,223 Posts
oldfogy has disabled reputation
Re: Watch The Lira Now

Quote:
Originally Posted by immac View Post
Maths never was my strong point. Turkish banks are paying around 1% after tax on GBP (last time I looked) and you are getting over 12,000 pa interest, so how much do you need to invest to get such a return?

Ian
The interest rate on a GBP account are very poor but on Lira Accounts apart from being negotiable this month I get between 11% and 13.25%
How much invested? a decent amount but in excess of 100k
oldfogy is offline send PM Reply With Quote
The Following User Says Thank You to oldfogy For This Useful Post:
immac (20th January 2017)
Old 20th January 2017, 12:30   #604 (permalink)
Just passing through
 
oldfogy's Avatar
 

Thanks: 1,511
Thanked 3,883 Times in 2,223 Posts
oldfogy has disabled reputation
Re: Watch The Lira Now

Quote:
Originally Posted by immac View Post
I finished reading this thread, and was lamenting that all the deals like this are never around when I want to invest, when I stumbled upon this sure-fire investment for "Antique" mobile phones - presumably that is Edwardian period?
I throw it open to fellow investors as a once in a lifetime opportunity to get antique phones:

https://www.sahibinden.com/ilan/alis...96769545/detay

Ian
I take that as being 200TL not 200,000.00
oldfogy is offline send PM Reply With Quote
Old 20th January 2017, 12:36   #605 (permalink)
Just passing through
 
oldfogy's Avatar
 

Thanks: 1,511
Thanked 3,883 Times in 2,223 Posts
oldfogy has disabled reputation
Re: Watch The Lira Now

Quote:
Originally Posted by IbrahimAbi View Post
My guess is about 700 000TL invested at 10% and allowing for 15% tax on interest. Problem is that the interest earned at the end of the year is worth less due to inflation.

My main concern is that here in Turkey your cash can be frozen at the whim of Dick Tater
It can also be spent and used to give me the comforts of what I want. not forgetting I Might get run over later today when I go shopping. so why worry about something that is unlikely to happen ( as you say 'whim of Dictator')
oldfogy is offline send PM Reply With Quote
Old 20th January 2017, 12:45   #606 (permalink)
Just passing through
 
oldfogy's Avatar
 

Thanks: 1,511
Thanked 3,883 Times in 2,223 Posts
oldfogy has disabled reputation
Re: Watch The Lira Now

Quote:
Originally Posted by yalimart View Post
I haven't sat down and done the maths, not that difficult really but I would have thought investing say 100,000 and achieving an income of 12000 is fantastic, but if your capital has reduced by 20% you would be 8000 worse off.
So given capital preservation isn't important in this case and on average the return will decrease due to exchange rate,

it's not an investment for me, I'm out.

Be sure though that your money is spread across different banks and being sure that means different licences with no more than the guaranteed amount invested in each licence.

Martin
Fro your workings even with a 8,000.00 reduction on 12,000.00 interest still leaves 4,000.00 on top, but don't forget this is only on paper and what and how things actually work out can be totally different, \n\d not forgetting if we take ifs and buts out of the equation it makes for a lot less stressful life.
oldfogy is offline send PM Reply With Quote
Old 20th January 2017, 13:46   #607 (permalink)
Senior Member
 
christella's Avatar
 

Thanks: 1,077
Thanked 1,351 Times in 679 Posts
christella has much to be proud of christella has much to be proud of christella has much to be proud of christella has much to be proud of christella has much to be proud of christella has much to be proud of christella has much to be proud of christella has much to be proud of christella has much to be proud of christella has much to be proud of
Re: Watch The Lira Now

As I said before if investing in the lira was that good the banks all over the world would be investing
__________________
bowls is like sex you can be no good at it but really enjoy yourself
christella is offline send PM Reply With Quote
Old 20th January 2017, 13:51   #608 (permalink)
Just passing through
 
oldfogy's Avatar
 

Thanks: 1,511
Thanked 3,883 Times in 2,223 Posts
oldfogy has disabled reputation
Re: Watch The Lira Now

Quote:
Originally Posted by christella View Post
As I said before if investing in the lira was that good the banks all over the world would be investing
Banks are not allowed to either take gambles or risks with other people money, but what individuals do ourselves with their money is up to each individul. (or at least not supposed to)
oldfogy is offline send PM Reply With Quote
Old 20th January 2017, 15:03   #609 (permalink)
Senior Member
 
teosgirl's Avatar
 

Thanks: 5,739
Thanked 12,355 Times in 4,234 Posts
teosgirl has a reputation beyond repute teosgirl has a reputation beyond repute teosgirl has a reputation beyond repute teosgirl has a reputation beyond repute teosgirl has a reputation beyond repute teosgirl has a reputation beyond repute teosgirl has a reputation beyond repute teosgirl has a reputation beyond repute teosgirl has a reputation beyond repute teosgirl has a reputation beyond repute teosgirl has a reputation beyond repute
Re: Watch The Lira Now

Turkish retail sector facing ?most catastrophic? times amid lira plunge - BUSINESS


Charlotte
teosgirl is offline send PM Reply With Quote
The Following User Says Thank You to teosgirl For This Useful Post:
Akasya (20th January 2017)
Old 20th January 2017, 15:09   #610 (permalink)
Grey wisdom
 

Thanks: 3,848
Thanked 4,911 Times in 2,286 Posts
IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute IbrahimAbi has a reputation beyond repute
Re: Watch The Lira Now

there is one small gimmer of hope, if enough people see the reality and it is reflected in the ballot box. It may take a team to be relegated to change the board.
__________________
Cannot Save The World, Not Enough Disc Space
IbrahimAbi is offline send PM Reply With Quote
Reply

Tags
lira , watch



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
where is the lira susi Altinkum Forum 16 18th June 2014 15:11
Lira eddiecath Yalikavak Forum 2 19th May 2014 05:18
Low Lira? huggi2010 Banking, Finance and Insurance 3 6th April 2010 07:38
Old Lira cheeky chops Banking, Finance and Insurance 11 5th December 2008 23:53
old lira stevecarol Banking, Finance and Insurance 6 13th October 2008 20:17



All times are GMT +1. The time now is 04:22.
TurkishLiving.com tested by Norton Internet Security TurkishLiving.com tested by McAfee Internet Security
Powered by vBulletin® Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Style Provided By: Wrestling Clique - Wrestling Forums
TurkishLiving.com


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155