Massive growth
#31
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I see, I form an opinion based on numerous facts, you take some cheap shots based on things currently working in your favour.
Carry on though, your choices are perfectly in line with the governments objectives. Your not exactly going to start doubting them are you?
I'm rather disappointed at your vitriol though and my estimation of you has just plummeted.
Carry on though, your choices are perfectly in line with the governments objectives. Your not exactly going to start doubting them are you?
I'm rather disappointed at your vitriol though and my estimation of you has just plummeted.
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.
#32
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Technical analysis assumes certain thing about a 'market'. One is that you don't have a single actor which can unilaterally change prices, i.e, what the government is doing now with QE, help to buy, finding for lending. What moves the housing market are political decisions by the government, and they can be arbitrary and on a whimsy. A single actor isn't a crowd so the technical analysis is of illusiory importance.
Just remind us what your real life experience is with the 'markets' please
#33
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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.
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.
#34
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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.
I'm genuinely glad you are doing well. I just can't understand why you are so bitter and angry about the economy then
Last edited by Dingdongler; 07 August 2013 at 07:04 AM.
#35
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?
#36
Scooby Regular
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?
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#38
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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
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
#40
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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...
#41
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.
#42
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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!
#43
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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.
#44
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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!
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!
Chip
#48
Very much at odds with the values of the classical liberals who John seems to be enamoured with.
#49
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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.
So not bitter and angry but I do despair - it's all fine for us, but I see millions on the edge of oblivion.
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