theChuz

Dollars not pounds Yup thats my contribution to the discussion

Its a shame theres not a flag to say your anti england flag waving, commercial load of b*llocks. Oh yes wave a flag in england so people know you support england, stick it on your car while your in england so people know you support england, hang a flag from your bedroom window which is in england so people know you support england. If you dont then you must be unpatriotic to a country that will just as soon shaft you for everything you have. Wave a flag in a differnt country to show your support - take your kickin but atleast you can support 'england' that way. Bah annoyance! I really f*ckin hate people.

Well atleast someones in the know!

well done mate, its a damn good company (imho) i only sold out because i wanted more risk/reward today im sitting on a 40% loss (yes i dont manage risk well ) but ill average down for the next 12 months all will be well. Always liked billiton though, that wait must of been murder

Nearly 800 views and no one really knows

So how does the US market affect the UK market?

Bah sorry munimula, i actually read that thread to but forgot the title Mods could you delete this thread please , peeps dont post on this thread post on the other one please

Just thought i would start a thread on this because we seem to be talking about the US market more than the UK market. The US market is crashing but how does that affect us directly. American IR's have gone up in the region of 14 straight months with still a few more rises on the cards (maybe). If anything round my area asking prices are rising, ive watch 2 up 2 downs break through the 100K barrier, then 120K, then 125K and now marketed at a shade under 130K. With average wages for this area sub 20K. What impact will the US market have on the UK market? Other than "when america sneezes we catch a cold"

Shame i sold out of DEBT at 114p aint it DOH! woulda been an easy 15K

Yea thats what sticks in my mind from a few months ago when it was first mentioned, basically the banks saying "ok we will drop our charges, but now you will pay to have a current account open with us" once again the prudent being penalised for the sloppy. No ones perfect with thier finances but most people should be able to construct thier accounts in such a way that they dont go over thier allowed/arranged overdraft. Of course thier will be some exceptions where it simply isnt the account holders fault but the vast majority should be taught a lesson. If current account charges come into affect it will be a nice lesson for all of us wont it.

It will go, stock market crash leading to money needing a home, safe as houses, massive hpi beyond fundamentals, rebalance over drawn out period of economic decline, maybe with a touch of buy gold such like i reakon. Ill let ya know if its worth while once ive digested it.

Its about time i read that, it think it will tell me what i already know, nonetheless (is that even a real word?) ive just ordered a copy.

alive link

Yes but unfortunatly america has been raising its rates for .. what is it now.. 14 months in a row or something silly like that net affect here .. cheaper mortgages until very recently. I know it will all go t*ts up, just wake me up when it does, wheres the fast fowards button gone!

America again, im tired of reading about america, we know and america knows its housing is crashing. I dont live in america. Its turning into a "whats happening to american house prices" forum. As such *** would surely be the better place for it? EDITED: Exageration on "whats happening to american house prices" forum EDIT2: OooOOoeer get me Chuz no one is forcing you to read it and there is a world outside of uk property you know.

More rate rises needed then ?

sheeps Oh how i laugh at the english language

I dun know but it looks like there is something there

look at the correlation between First time buyer and lie to bet http://www.google.com/trends?q=First+Time+...eo=all&date=all what can we make of this hmmm (just p*ssing about , avoiding coursework) Note: USA

They are SOO going to be monitoring you now, you typed it in twice, your doomed! Interesting to a point aint it

this is what i find interesting http://www.google.com/trends?q=bomb&ctab=0&geo=all&date=all technical analysis anyone? Something else thats interesting - which this should highlight is the way in which the key word is used. For example if you use employment,unemployment as a comparrison like here http://www.google.com/trends?q=unemploymen...eo=all&date=all You see that employment is always higher then unemployment but obviously people type employment into engine when looking for jobs which world wide is quite frequent. Not many people go looking for unemployment. I like to state the obvious

Yep i completly agree BUT timing is important insofar as i think that people buying now the nuBTL'rs are not looking for positive cashflow, with prices as high as what they are today it is alot harder to find a property that makes a sound investment choice. Im sure property bought >5 years ago is making the landlords a decent return but in todays climate i belive it would be financial suicide to start pour money and time into btl as a new enterprise. Maybe 4 -5 years time ill start looking into it until that time though there are to many psycho's on the field. So until that time i shall be looking at other avenues of income aside from my cr*ppy factory job.

I got ya, crossing over between differnt assest classes, i think the usual thing when you sell a business is that the price is denoted by its turnover/profit/potential and a few other bits and bobs, you would want to sell the business for a decent lump sum i.e. maybe 3 years worth of profit then use that money in another venture. If you didnt want to use the money in a differnt venture then there would be little point selling it. Which is why people retire when the can not when they want to. Differnt assests and thier use , almost worthy of its own thread just talking about assests and liabilities. I understand your point but wouldnt do it in the way you suggest, purely because your right you would need loads of assests to retire on if you done it that way. I would retire on the income generated by the assest(s) if they didnt generate a large enough income then i simply wont be retiring any time soon

Why sell a positive income generating assest (like a btl should be) have loads of little income streams from the btl's and as long as each one is positive your laughing. A passive assest like a lump of gold is a differnt matter but then to answer the original question of how many you would need it would depend on how you want to live and what the assest is worth at the time of sale in comparission to your outlay. As a btl'r though i would of thought that you would concentrate heavily on positive cashflow generation, please tell me you dont rely on capital appreciation alone? If so then you go down as a nuBTL landlord in my books. Whereas previously and until proven otherwise, ive always had you pegged as someone who understands the importance of cash flow in any business.

You dont need that many assests if you have no debts and you assest generate an income stream which is greater than your liabilities and commitments. In essence you only need one. One rock solid business. The differnce between wealthy and rich perhaps.