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House Price Crash Forum

Mark Uttley

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Everything posted by Mark Uttley

  1. From The Daily Telegraph article The World's Worst Holiday Destinations.
  2. Sven-Goran Eriksson: I hate only one person on earth - the man who cost me £10 million Oopsie!!
  3. Pathetic response. If you don't know the difference between portfolio and assets, then you understand nothing.
  4. Utter tosh. You are confusing assets with portfolio, and not for the first time, so I assume you either don't understand the difference, or that you are deliberately trying to mislead. It's quite possible to have substantial assets and zero portfolio, in which case the correct holding of PMs is zero. An obvious example would be an elderly couple, who own their £100K house and have £4K in savings. According to you, they should sell their furniture and stack up their front room with gold.
  5. The bit about him being a "former ice-cream salesman" is true. He was rather good at it it seems. Not easy when there are pitch wars to be fought in Glasgow. He also had a string of Nursing homes, mostly purpose built. In a simila vein he built and ran a number of Nurseries (child care). This was the business that launched him into the multimillionaire bracket when he sold it. From there he went on to form his Fitness Club. So, no, not a one-trick pony.
  6. And the ones who seek only affirmation deserve to lose money.
  7. When I first joined this site there were property bulls that used the same argument against anyone who dared to suggest that houses were too expensive. I suspect some of them have gone bust since then.
  8. I clicked on your link. R K said.... That's not bearish, nor a prediction. Just an observation.
  9. ad-vice n: 1. an opinion or recommendation offered as a guide to action, conduct, etc.: Of course it was.
  10. It is a seriously bad idea to put 10% of your assets into gold. You may wish to put 10% of your portfolio into gold, but for most people this equates to zero.
  11. One of my friends experienced the opposite. When he told his father, a miner, that he was going to university and not down the pit, he was ostracised. His father didn't speak to him for over 20 years.
  12. How safe are they stashed in her apartment? Taken from another thread
  13. The people of Belarus haven't trusted the rouble for years. US dollars were the preferred currency from 1991 to about 2002, when they favoured Euros over dollars.
  14. I would be impressed if I didn't remember that in 2006 he was urging us all to take out fixed rate mortgages, and put our savings in Icelandic banks.
  15. I caught the end of Phil and Krusty this morning in which they showed a couple of "investors" around properties in the SE. They eventually plumped for a Bristol flat which had been on the market at £155,000 for two years. Ever the tough negotiator, Phil suggested a low ball offer of £150k. Cue much nail biting before EA informs Phil that the offer has been accepted. Fast forward 12 months (2009) and the flat is rented out, but the rental "doesn't quite" cover the interest only mortgage. Phil informs the couple that unfortunately the flat is now only worth 120k, but the couple don't seem to mind and still take time to say "Thanks!" Well done, Phil! Another satisfied customer.
  16. If your name is Tarquin Mandeville you wouldn't live long on the council estate near me!
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