A good year for shareholders.
16 October 2014, 11:40 AM
#64
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I've never held physical gold because you have the risk of theft - if you insure it that is an overhead on holding it, and when you come to sell you lose a cut obviously, so unless you're buying a significant amount, and the price goes up significantly it just doesn't seem worth it.
The closest thing to gold I hold is shares in Randgold, and I'm surprised at how cheap they're trading at the moment - up today, but only slightly.
16 October 2014, 12:07 PM
#65
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I'll probably start getting some in that case, just as a hedge against things getting really bad/hyperinflation.
16 October 2014, 02:11 PM
#67
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As you have absolutely no idea what is in my portfolio you are merely speculating. Why would I lie about it anyway, I have no reason to.
16 October 2014, 02:31 PM
#69
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What? Other than to, once again, try and make yourself look financially smarter and better off than most of the other posters on here as you, like a few others, seem to think being more wealthy than others somehow makes you a better person than them.
16 October 2014, 02:46 PM
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16 October 2014, 03:01 PM
#73
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As ever you are missing the point. I admit my car is depreciating, Chip expects us to believe his portfolio has risen 11% when the markets are considerably lower than the start of the year.
16 October 2014, 04:08 PM
#76
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Ooh I feel a little wager coming on here 
Look back through some share threads on here and you'll see what shares I have or at least some of them anyway. And bear in mind I worked for Nat Grid, BG etc for years where I did share schemes for 25 years or more likewise the Mrs as well . Our shares from these one this year are well above 11% Inc this month's heavy falls. As for my car, once again you have no idea what I drive but its certainly not a convertible hairdressers car.
Look back through some share threads on here and you'll see what shares I have or at least some of them anyway. And bear in mind I worked for Nat Grid, BG etc for years where I did share schemes for 25 years or more likewise the Mrs as well . Our shares from these one this year are well above 11% Inc this month's heavy falls. As for my car, once again you have no idea what I drive but its certainly not a convertible hairdressers car.
16 October 2014, 04:13 PM
#77
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16 October 2014, 04:21 PM
#78
He did say in the OP that he was thinking about another BTL property, and he also said it "could be" a good year "according to some experts" ... so I think it's pretty harsh to come in a try make him look a tit because the FTSE is taking a beating at the moment.
Uncertain Schadenfreude isn't becoming of you
Uncertain Schadenfreude isn't becoming of you
16 October 2014, 04:25 PM
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16 October 2014, 04:54 PM
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Ooh I feel a little wager coming on here
Look back through some share threads on here and you'll see what shares I have or at least some of them anyway. And bear in mind I worked for Nat Grid, BG etc for years where I did share schemes for 25 years or more likewise the Mrs as well . Our shares from these one this year are well above 11% Inc this month's heavy falls. As for my car, once again you have no idea what I drive but its certainly not a convertible hairdressers car.
Look back through some share threads on here and you'll see what shares I have or at least some of them anyway. And bear in mind I worked for Nat Grid, BG etc for years where I did share schemes for 25 years or more likewise the Mrs as well . Our shares from these one this year are well above 11% Inc this month's heavy falls. As for my car, once again you have no idea what I drive but its certainly not a convertible hairdressers car.
I never said what car you had, I said your car was likely worth more than mine which seeing as you were using it as an example of wealth mattering makes you look a bit silly or is "the financial wizard" of SN lowering himself to tooling around in a sub £15K car... I doubt it... after all what would the neighbours say
As for this thread you posted saying what a great year for shareholders it would be... the subtext being how wonderful the country is again... when in fact it's turned to rat **** like I said it would! I am not revelling in anyone's misfortune... I just get fed up with the notion that we are somehow out of the mire when we are basically still economically f**ked like much of the rest of the world as fundamentally little has changed since 2008!
16 October 2014, 05:16 PM
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As for the question I still think China holds the aces despite a relatively bumpy ride for them recently.
16 October 2014, 09:48 PM
#82
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Top 1% 'own half global wealth' - Credit Suisse report
http://www.bbc.co.uk/news/business-29641109
There are simply not enough poor people, with enough money to buy the **** that makes the rich people rich
It is simple economics
http://www.bbc.co.uk/news/business-29641109
There are simply not enough poor people, with enough money to buy the **** that makes the rich people rich
It is simple economics
17 October 2014, 06:52 AM
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Top 1% 'own half global wealth' - Credit Suisse report
http://www.bbc.co.uk/news/business-29641109
There are simply not enough poor people, with enough money to buy the **** that makes the rich people rich
It is simple economics
http://www.bbc.co.uk/news/business-29641109
There are simply not enough poor people, with enough money to buy the **** that makes the rich people rich
It is simple economics
17 October 2014, 11:07 AM
#86
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A good day for me. HSBC sent me a letter offering to pay me £2,700 as compensation 'cos they let me trade some derivatives a few years ago for which the failed 'to check the suitability for me'.
17 October 2014, 11:23 AM
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17 October 2014, 11:27 AM
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As ETF's yes. This was back in '08 and I lost some money and made some money, but quickly decided that I was taking too many risks so jacked it in. After this I only held various FTSE 100 shares or things like ETF's linked to indexes. But for about a year now I haven't been active, since I am 'supposed' to looking for house, so my money is cash.