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House Price Crash Forum


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Posts posted by RDW

  1. Spooooky

    My office looks onto the back of the Acolade wine warehouse in Avonmouth, I saw a Fever tree wagon driving round the site about half an hour ago, then ....

    I was looking at diversifying my pension portfolio, one fund that caught my eye was the BlackRock DC alpha smaller companies, the largest investment in the fund is with Fever tree

    Then this

    No idea if they're a good bet or not btw

  2. http://www.theguardian.com/world/video/2016/mar/14/exploitation-exploitation-exploitation-a-property-show-for-millennials-video

    Are you a hard-working young professional thinking you can’t afford to rent in London? Well, you’re right. In this special edition of Exploitation, Exploitation, Exploitation, presenters Christie and Will get their hands dirty as they take would-be tenants Gilly and Steve on a search for their dream home – or at least, an apartment where they don’t suspect a murder has taken place

  3. Not everyone takes the position in this war that big debt-lovers are victims, with all their pathetic excuses why it's forever HPI, and even now, 2007-08 crunch all forgotten and back to population growth and too few houses and 'demand'.

    The time to buy is when there is blood in the streets, so it is said.

    Non-owners have controlled themselves under attack from not only the boom years, but all the followed by mega-QE/0.5%/FLS/HTB/buyer-victim-sob-stories. Debt victims and oh-so-complacent older VI home-owners who don't flinch from idea their homes worth many hundreds of thousands/millions of pounds don't have any standing to kick off, if prices crash, which doesn't require interest rate rises. Homeowners have made their own decisions and the majority would only suffer loss to fantasy equity. I guess it's only home-owners that some think matter, and to reward.

    There's this place in Weston, similar to the pic in the Daily Mail.


    Looks like owner would like new buyer to kick up £45,000 more than they bought it for in 2003.


    That place is walking distance to the hospital, nice end of the beach and the golf course, ideal if you're a consultant on £100k +

  4. http://www.telegraph.co.uk/finance/personalfinance/houseprices/10804031/Baby-boomers-were-handed-free-housing-says-top-insurance-boss.html

    The chief executive of one of Britain's biggest companies, insurer Legal & General, has weighed into the controversial "intergenerational" debate by claiming that baby boomers have "lived for free".

    His argument is that house price gains enjoyed by those who bought homes in the 1970s and 1980s have been so great as to entirely offset their mortgage interest costs. In that sense, baby-boomers have paid neither interest nor rent and lived for free.

    He painted a dramatic picture of an older generation "sitting on" trillions of pounds worth of housing, while a younger, hard-pressed generation will have to carry debts worth more than a trillion pounds for decades or longer.

  5. Well I'm fed up with gold. My pension is with Black Rock.

    A few years ago I split up my pension pot so that it was 25% Gold and General, 25% UK Dynamic, 25% Global Growth & 25% Paciffic Something. I also split the contributions to the same ratio.

    The Gold & General is now worth under half (40%) of each of the other 3.

    I have now changed my contributions to 33% UK Dynamic, 34% Global Growth & 33% Paciffic Something.

    I am not going to chrystalise the loss by selling the Gold and General, but I'll be f&cked if I'm giving it any more.

    Your comments would be appreciated.

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