Thankyou sir.

As my old man used to say, you can't go wrong with a hungry donkey, son.

You just keep it in good order until next year, I guarantee it'll go up in value as long as you keep putting some elegant make up on it.

Why in 6 months, you'll be able to exchange it for a pair of the finest trouser ferrets in the land.

You're on the ladder now, sir, the only way is up from here on.

Well done, sir, excellent choice sir.

eee aaw t oo know what ees talking about.

Splendid! Then this time next year, I'll see about a spot of MEW - I might be in the market for a couple of investment donkeys.

I'd be very interested in renting one of your investment donkeys in the future as i'm a young person and therefore not good enough to possess my own donkey.

I think this has alot to do with what the investers were told by the people selling the investments.

Were they told that there investments could never go down? In the UK that couldn't happen the FSA prevents companies from saying silly things like that. Can the pakistani version of the FSA do the same thing?

BTW I am Pakistani myself.

Down Boy!!

_________________


The protesters demanded a temporary closure of the KSE to stop further slides

UK home owners could learn from that one

Words of cruel wisdom.

Have you ever stoned anyone? What's it like?

You've no work ethic, son. I don't what you youngsters do with your time, in my day we could do a whole day's work, have a good lunch with a few pints, plenty of fag breaks thanks to the union and still be able to buy a donkey by the age of 20. What's wrong with you?

But... but... the price of donkeys is astronomical. Even my dad doesn't earn enough to buy a modern donkey without needing a self-cert donkey loan.

Well, son, we can't all own donkeys, they're only for the very rich, handsome and talented such as myself.

You're right, I bow to your leveraged investment prowess.

You can tell how rich I am by the size of my overdraft.

Well I'm sorry to take an opposite stance to you - but I have it straight from my independant financial advisor that if I commit my next 25 years , bond my children into servitude and adopt a sneering 'down the nose ' posture I too can afford at least 1.267 legs of the previously offered Aberystwith donkey - and if the latest 'rent and buy' scheme is as good as it looks , I may afford 2.56 legs


oh and an ear

You'll never get the testicles though, and then how will you get any donkeys for your children? Best to leave the donkey investment to professionals, who know donkeys. It's the kind of tangible investment baby boomers can understand.

Yes, I've been to Pakistan. People there are no stupider or wiser than anyone else in the world, but they are
generally polite, have good "family" values, sometimes I think we have lost over here, and really quite like the English too, which surprised me a lot! Ah well, cricket, has something to do with it, I think!

When an economy comes up a bit, and the previously poor, have a bit of cash to invest for their future, of course they want to do it!
They want to make provision for the future of their families!
And of course, the shysters come out of the woodwork.....

My dad made a few "crap" investments in the 70's, and got stuffed a bit!
HE didn't do it again.

I think we are ALL suckers for miracle products, at some time or another!
It's only EXPERIENCE, that makes me think twice now, and you can't be born with that.

Watch out, for when the Chinese realise they have been conned by their own banks, and
their manic stock exchange is falling fast!

The Chinese fun and games will start after the Olympics, well that's what the govt hopes for.

Ask yourself, would Jehovah would find that funny?

Oops I've mentioned his name

"Ask yourself, would Jehovah would find that funny?

Oops I've mentioned his name "


Are there any women on this thread today?

http://uk.youtube.com/watch?v=ZNeq2Utm0nU

For those still On Topic you might find this Pakistani financial paper interesting

http://www.brecorder.com/












Edit: net slang edit

Hell no! far too much donkey trading going on for my blood.

they threw rocks into building and likely at people that had nothing to do with their problems.

most of the people working at an exchange aren't the ones that sell you your stocks.

I'm sorry If sympathy for people that are brutalizing innocent people doesn't come to me naturally.

and as has been said before, this is very similar to BTL, and they are a total hoot.

one thing I find funny, is that everyone assumes that the pakis are all poor subsistence level barely surviving demonstrators robbed of their last bit of heathen money.

I don't recall the story saying one way or another what their economic status was.

there are a few well off people even in Pakistan, a few middle class as well, unfortunately.

It does appear widely attributed to him but I have edited my signature accordingly. I was thinking of changing it to a good Stephen Fry one:


Or was it him?

Regards,

Q

Edit - some stuff

How did they invest – directly, or via a fund? If the former, what made them invest? If the latter, what were they told when they invested? You really know absolutely nothing about them. At very best, you are laughing at them because they do not have your education in how markets work. Well, congratulations, but I simply don’t share your sense of humour.


There is a difference between not being sympathetic to someone’s misfortune and taking enjoyment from it.

As for the word “Nazi”, it is not mine and I don’t think it’s appropriate. What springs to my mind is period movies where some in the crowd are laughing at people being executed. I thought they were caricatures, but it is exactly the same enjoyment that you guys are experiencing.


So if someone suffers from someone else’s mistake they deserve sympathy and if they suffer from their own mistake they should be the subject of ridicule and a source of enjoyment for sophisticated and people like you (who never make mistakes)?



I thought someone might pick up on that one. In what’s known as a “knock for knock” market, such as many of the eurobond markets prior to the 1992 currency crisis, market-makers are obliged to quote to other market makers when called upon (after making the price, the trader then has the right to ask one back in something else). If as a market-maker you lose money because the guy trading with you has better information (like a big client order) than you, then if you do the same thing back to him the next day, it can be amusing (and he might even laugh with you).


Thank you.

Those people who are having such fun watching other people suffer have not bothered to consider this yet, or even consider why it is that these people got so angry that they started throwing stones at buildings and other people (who they are also laughing at). They are simply assuming that they are stupid and/or backward – which, even if true, would not be a reason to laugh at them either. They are simply taking enjoyment from the fact that others are less well off than themselves, in terms of knowledge, education or even financially. I for one find it very distasteful.

Actually, no – they are words of utter ignorance. He is judging people on the basis of whether they have made or lost money in the markets. If he knew even the first thing about it, he would realise that even the very best do not make money all of the time – in fact, perhaps the best trader I have ever met loses money more times than he makes it.


How do you know?


You know nothing about any of these people.


Maybe, but others here are finding it funny.


I have been on BTL chat forums for years telling them how over-valued real estate is. A few weeks ago on Singing Pig, a lady talked about how close to ruin she and her family are. In a few months time, it is likely that they will lose the roof over their heads and be in debt to the banks for the rest of their lives. Now, is that funny? No, of course not.


I think with that offensive and racist remark, you have just claimed the moral gutter.


So you agree – we don’t anything about these people, so who are we to judge, let alone have fun at their expense?


All any of you need to do is ask yourself one question: Why throw those stones? Whatever answer you come up with, it may be a lot of things, but it is not funny.

Agreed. Its what I said in Post number 11.

Seriously, a squealing little piggy losing their money is always funny.

But you're right, we shouldn't laugh at backward people who lack the education required to make good decisions.

Problem with your argument is that Pakistan isn't a particularly backward country, it's actually quite modern, particularly places likeKarachi, and it has a good education system, with fairly high literacy levels. A combination of common sense and education should have made them aware that is is foolish to put all your eggs in one basket. The fact they did this, lost it all, and then went and stoned the bloody stock exchange is major lulz.

When did I say I don't make mistakes?

I was cuaght in the Northern Rock Bull trap and lost hundreds of pounds. I can afford it due to having made more good decisions than bad and I have the confidence to tell my friends and post about it here.

In 2004 I looked seriously at BTL and decided the yield didn't stack - it is exceedingly stupid (can you think of a better word?) to invest on the basis of advice from a VI, the media or 'mates' which I suspect is what is going on in Pakistan.

When investments go well I buy cakes in the office and treat the wife and kids. When they go bad I try to learn from it. Funnily enough I have never thought 'where can I find a rock to throw?'.

No, that's not what I said, and I never said that Pakistani people were backward. What I said, and am saying, is that one shouldn't laugh at other people's misfortunes - full stop.

So in your view (and you must have one in order to get so much enjoyment from the story), why is it that they reacted in this way rather than in your way?

Indeed...

We aren't living in the Garden of Eden here, the site is called housepricecrash.co.uk, essentially predicting a crash in the value of people's largest asset, and most people here spend large amounts of time laughing at other people's misfortune. Maybe you should go on MSE if you want be nice and see the best in everyone.

Should we also not laugh at Gordon Brown's misfortunes, which of course have been caused by his own incompetence. Are you saying we should show him some sympathy, or maybe send some flowers of forgiveness to Krusty?

Would someone stone Extradry to death for me? He appears to be taking everything far too seriously.

What does this:



...have to do with this?:

What is MSE?

MoneySavingExpert.com, where every financial misfortune is always someone elses fault.

anyone that uses violence against people that have nothing to do with with the bad decisions that THEY THEMSELVES HAVE MADE are making asses of themselves -full stop-

they may have been tricked by smarmy salesmen, there may have been shenanigans at the exchange and they may have been totally and completely bilked against their knowledge.

but to climb on a high moral horse about them when you KNOW NOTHING ABOUT THEM is a little off.

if I hear that some chav robbed an old lady and stole her purse, I will probably think less of him, even though MAYBE he had a reason, who knows?

for all the talk of moral gutters and nazis, do you really know any of us? and why we say what we say?

physician heal thyself.

and MSE is money saving expert

Agreed and signed...

Bloody fools probably only have $10 "invested" anyway ROFL

This was my exactly point - you people are claiming some kind of superiority and laughing at them (and the people they injured, after all it was the story that was "funny") when you know precisely nothing about them.



You use a disgustingly racist remark, what do you expect?

did you not read what I wrote?

I guess you lose your subtlety bone up there in the lofty heights?

it's ok though, MAYBE YOU HAVE A REASON