Closure

It's just over six months' now since I paid off my final debt, so have posted an update on The Motley Fool UK's 'Dealing with Debt' board which is where for many years I posted regular monthly updates on my progress.

http://boards.fool.co.uk/debt-free-six-months-on-12647781.aspx

I kind of feel that it brings something of a closure to the 'being in debt' part of my life, so I am going to retire this very brief blog - or rather put it 'in treasury' in case I ever get the urge to resurrect it with a different slant.

Many thanks to anybody who has ever popped in to have a read.

Best wishes to all,

Gostevie

Interest

I’ve just checked the balance of my Cash ISA and seen that I have been credited with £26.37 interest. It’s rather nice to be receiving interest after all those years of paying it.

It’s strange that all the while I was paying off debt and lurking on the TMF investment boards I was pretty sure that once I’d got a few thousand pounds saved I’d be straight in and buying shares. Now, however, I am quite happy just to keep my savings in cash, not least because I feel that the stock market is overheated and heading for a fall, probably sometime after the US presidential elections. I realise that goes against the ‘strategic ignorance’ ethos preached by the HYPers but for now I just feel more comfortable with cash, even if it is being eroded away in real terms by inflation.

Best wishes,

Gostevie