I was watching his performance on Tubridy the other night. Most of the advice he gave seemed sensible but at one stage he asked the audience to raise their hands if anyone knew what the ECB base interest rate was. One person raised their hand and said that it was 2.75%. Eddie laughed and corrected him saying that it was 2.25%. So much for our financial advisor.
On a side note, it was astounding that only one person in the audience even thought they knew what the base rate was. I had assumed that most people buying property had factored that in and were happy to absorb the future increases. Seems as if I was a little naive and overestimated the intelligence of us Irish.
On a side note, it was astounding that only one person in the audience even thought they knew what the base rate was. I had assumed that most people buying property had factored that in and were happy to absorb the future increases. Seems as if I was a little naive and overestimated the intelligence of us Irish.
