Thursday 25 March 2010

Tidying Up Before the Budget

The bank warned us that we have accounts whose contents were at risk of being sequestered by the Brown Regime; they put it slightly differently - need to have activity in an account etc. -  but that's what it amounted to.  So we hunted down all the bits and bobs that have survived in places we have lived and in lives we have left, checked down the back of the sofa and the dresser drawer, and tidied them all up.

The money's all on the way to the bank-at-the-bottom-of-the-hill.  Apart from being surprised that it is no longer safe to leave anything in England (no matter how clear the original terms and conditions, property rights are being eroded and their constant reassertion is required now) the exercise triggered another decision. 

We moved  all the money still in sterling onto safer  ground - for which the euro's current brief decline has come in handy.     It's been a long fall to 1.11 from 1.60 and upwards (when the bulk of it came here) and, more damagingly, there isn't anything I've wanted to buy in the shops in London when I've gone to spend some of the Nostalgia fund, no matter how far sterling has fallen.  So it's here, safer and with lots of things to spend it on.  Or decent returns if we save it.

Angels' Law  states that if I am thinking or doing something,  lots of others are as well, indeed they are ahead of me.  Yesterday's 'Budget' confirmed it was the right thing to do.

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