Twenty Something

The film has been stuck on repeat here for over a decade. I’m sure @henry the king will be along shortly to set the record straight about the flash crash.

But I thought we were having a flash crash? Massive falls, real quick, two to three months tops wasn’t it last summer? Now it’s a very slow moving process?

This is what struck me about the article - cost him 4k to put that together, he’s going to have to pay to have it hooked up to the power and so on you’d have thought, then he has to pay some bills ontop even if they are significantly reduced. Maybe 6k for the year all in? You can rent a small bed sit for / not much off that. Seems like a bit of a stunt to me…

I know. He does strike me as a bit strange.

Amazed that none of you lot had picked up on this. It’s a real dump… https://www.bbc.co.uk/news/uk-england-london-64615890

Yeah. They’re not talking about RMN’s though are they. They’re referencing minimum wage paid workers who are left to just get on with it secondary to there being no seniors about. Don’t confuse your google search with my decades of experience.

You’re paying a bunch of kids barely into their 20’s no doubt 9 quid an hour to deal with the complexities of mental health, and people are surprised that this is the end result? It’s really sad for all involved, both the patients and the staff. Have a days training and off you go to deal with paranoid schizophrenics and the such. Speaking from personal experience, I’ve physically restrained a few patients in my time, and heard of countless stories from colleagues who’ve been assaulted. Sometimes there is no choice, and it’s grim for all involved. I could recount stories here that would make that bbc article seem like a trip to Butlins.

Home ownership quite evidently. Just to make my point here clear. This isn’t about profiting from HPI or whether you can invest any money you have in something and make a huge return and then buy cash in hand down the line. This is about the original point of mentality. You have quite evidently not carried through on your plans from last year. You will continue to sit on your hands (assuming that you are in a position to buy anyway) chasing some magical point where you feel that the time is right, which it never will be. So question, if a 5% drop was all you wanted before buying and you have now had this if you go by your beloved real terms metric, then when are you buying? Another 5%, 10%? Never?

You’re a prime example of what @Stjames83is referring to though about forever missing out. Last year you were posting about how all you needed was a 5% fall and then you were going all in. It was asked of you then will you be catching a falling knife and you were adamant you would. It would appear you’ve now had your 5% fall, yet here you are still making the same points and how it’s all going to fall further. And here you’ll be next year no doubt. So this is the point being made and why reading many similar posts on this site make me chuckle.

If you had 180k lying around to put away then you are probably doing pretty well for yourself anyway hey? I don’t think everyone who doesn’t own a house is ruined at all, you don’t really get the gist of my post it would appear. Anyway, there is pina colada to drink…

The vast majority of posters here need a cataclysmic economic collapse just to get to break even on where they might be had they brought, let alone be able to say I told you so. Currently sat in shorts and a T-shirt somewhere hot with a beer in hand really terrified about my decision to buy a house 😂 Do as I do. Pop in every now and again, thank your lucky stars you don’t have the mindset of this forum and get on with life.

Not to the person who’s agreed in principle at least to pay just under 700k for it it’s not. 95k in 1997, mortgage long paid off I imagine. Sell, 700k in the bank, live a lovely comfortable retirement I imagine. Home ownership. Terrible idea hey.

Aaaaaaannnnnddddd 2 weeks after a page and a half of the usual by the usual it’s gone SSTC.

HPC forum version: Values go up: "Government have screwed me over" Values go down: "I am a very canny Investor"

He’s had a couple of expensive lessons. He’s not learned anything hence the perpetual just you wait six months and see which has been going on for years.

Did any of you read all of the article? 1 million homes have apparently lost all their value, 20.6 million have not lost anything. How have you now concluded that everybody is now up the proverbial creek? “By contrast, nearly 20.6 million homes are estimated by Zoopla to have not lost any of their pandemic gains in recent months. Some properties have also lost some, but not all of their pandemic gains.”

Pleasure.

Well thanks very much. I’m blushing now ☺️

Thankyou. Seems like we agree at last.

Thankyou. I hope you can find happiness too whatever that means to you. Now I'm going to bow out and let the thread continue to its natural conclusion of a discussion around building a bunker and stockpiling cans of beans for when the riots start.

Where am I whining? Really very happy with life. You clearly are not, which means you have to post things like 'you clearly screwed up financially and it's a struggle'. You have to convince yourself everyone else is up s**t creek without a paddle as it makes your reality more bearable. Don't want to hear from me? Stop tagging me. Simple. You could do what your other account did and block me?

I posted one example. It would take me all of about 5 minutes to find another god knows how many threads about vested interests and the numbers are all made up. You honestly don't recall all the threads last year when prices were rising and multiple posters pointing out how they were all biased, all vested interests, all lies, all nonsense? And what I have posted has everything to do with what you just said. You just choose to ignore it. You said that is why I should consider QoQ data. I pointed out that is exactly what I said to you half a year ago when you were going on about seeing -1% month on month very soon and then that will be the time to buy. If you can't do the mental gymnastics to relate the two it's not my issues.

You could write children's novels your imagination is so vivid. Creating another stance that I haven't taken to try and gain the upper hand. Tedious. Seeing as you seem to know my situation so well what would you advise? Oh yeah, you did this a month or so ago where some 20 or so replies gave you what I was having for dinner and some sort of upper hand in your simple world view. Owning a house is not the only way to a comfortable retirement, but are you trying to suggest that being rent and mortgage free in my later years is some sort of horrendous idea? I've got three pensions on the go, and will have the state one ontop of that. Looking forward to having no rent or mortgage in 20 or so years - it's gonna be the lifestyle you fantasise about on here.

Yup, you've finally caught up. Here I am last summer pointing out to you that month on month doesn't matter whilst you were saying things like "Once I see a month like that I will buy if something is available." Just above that you were saying you will be buying at 5% falls. Seems like you have at least done a bit of learning in that you are now saying you should consider QoQ data? How's the house purchase going? You were going to pile on in despite it being pointed out to you you won't. Just to clarify how I am already more than aware about the pointlessness of month on month.

Sure thing. I'm actually spot on about the confirmation bias here as per my original post. You of course need to blow it up into me thinking I know best etc etc as all you have is straw man put downs and shouting troll. You carry on living your best millionaire businessman life on the internet hey.