Dingdongler

It is not vitriol on my part, it is my observation of your vitriol on the economy.

My choices are not 'in line with the government' and please don't patronise me by suggesting I can't and don't doubt the manipulation by our govt and central banks of the economy.

My choices are in line with where the money is headed and hence where there is money to be made. There is a lot to be said for herd mentality, you just need to break away from the herd before you get eaten.

As JBanks points out the buy signals were given some time ago and the opportunity to make money was there.

Dingdongler

Just remind us what your real life experience is with the 'markets' please

Matteeboy

And we make money; from our business. Our choices have allowed this to happen as well as possible. Things are fine for us thanks and I couldn't give two hoots about buying or not; renting suits us, having a decent pot of savings suits us but most importantly the business is doing well and has done for many years; so thanks for trying to spout your nonsense in an attempt at demeaning us but you are actually laughably wrong.

Dingdongler

I'm genuinely glad you are doing well. I just can't understand why you are so bitter and angry about the economy then

tony de wonderful

How am I wrong? I think you are right about the market - short term - but for the wrong reasons. Will technical analysis tell you when Gideon will stop help to buy or the BofE will turn off QE?

Dingdongler

1) All I asked was for you to remind us of your direct investment experience (positive or negative) with the markets. As you, not very subtly, didn't answer I presume that is a big fat zero.

So I'm afraid your opinion on the markets counts as much as a virgin's opinion on women.

2) So according to you I am right about the market but for the wrong reasons and only for the short term

That's all you need to get a return so I'm happy with that.

So does that mean you have been wrong for the right reasons and will be for the long term?

Matteeboy

Bitter and angry? You've got me wrong there.

dpb

As far as see it its all very well you guys taking advantage and increasing property portfolio etc
But this does dick all for the economy, unless any profits are used to restart business and create jobs

Estate agency is NOT a job btw

Dingdongler

Bitter and angry about the economy, not life in general.

john banks

We've spent £140k extra over 2 years in building materials, labour, business equipment. The people we spend with seem delighted to see us, the builders' merchant loves my Mrs...

jonc

Well they do say ignorance is bliss. Question is, who are the ignorant ones? To use your analogy of the crumbling apartment block, embittered by the land lord, you accept it's imminent collapse and yet you continue to choose to stay in this apartment block.

f1_fan

iTrader: (9)

Let me ask you a striaght queston. Do you not think the UK being £1.2 trilliaon in debt is a problem then?

P.S. Emigrating to Aus when I have enough cash stashed to allow me to run my business there and buy a reasonable apartment (in a non crumbling block ) .. abiout 2 years to go I reckon!

john banks

Government debt of 90% of GDP (2012) and increasing is not good, but at the start of a recovery and with deficit reduction in progress is it so horrific? A lot has changed for the worse in 10 years in this respect, a lot can change for the better in the same time period.

Chip

How much more cash do you need, maybe we can have a whip around

Chip

dpb

I think you still get t'inernet in Aus!

Chip

f1_fan

iTrader: (9)

Exactly, spent quite a bit of time there in the last 6 years and you lot would never have known I wasn't in Blighty

tony de wonderful

It's called rent seeking capitalism.

Very much at odds with the values of the classical liberals who John seems to be enamoured with.

Matteeboy

Annoyed that we (as a country) relied on crooked banks rather than manufacturing, annoyed that lazy unions killed our industries, annoyed that the government won't admit that they are in very deep merde, annoyed that it's all about borrowing and debt, annoyed that so many fall for short term cash and don't look long term, annoyed that most of the nation thinks it's owed a massive TV, luxury holidays, etc when they can't afford it, annoyed our personal debt levels are sky high, annoyed that it's become the norm for bth parents to work and is encouraged by the government, annoyed that they put so much importance on the housing and the most insane artificial bubble ever, annoyed our "rich" economy is based on hot air, annoyed that debt is seen as good, annoyed that people can't see another way different to mortgaging themselves up to the hilt, leasing their cars and living on the never never.

So not bitter and angry but I do despair - it's all fine for us, but I see millions on the edge of oblivion.