-
Posts
171 -
Joined
-
Last visited
Content Type
Profiles
Forums
Events
Everything posted by Bootstrap
-
Has The Bubble Burst Again - Sky News
Bootstrap replied to Bruce Banner's topic in House prices and the economy
There is the worrying question of whether our weak banking system can withstand the second phase of HPC and resulting mass default. I suspect not. Currency crisis anyone? -
Index Linking For Dummies...
Bootstrap replied to laura122's topic in Cash ISA's and Savings Accounts
Cool, thanks for the info. I'll look into that. I suppose you have to be careful rolling into one, as the interest paid would then only be reliant on one month's inflation figures - probably better to stagger the investments over different months? -
Index Linking For Dummies...
Bootstrap replied to laura122's topic in Cash ISA's and Savings Accounts
Can you?? So am I right in thinking you can have as many as you can afford, with the only restriction of buying one per issue? For some reason I thought you could only purchase up to two maximum. That almost seems too good to be true - especially for a higher rate tax payer! -
It worked in Zimbabwe. Everyone was a multi-billionaire overnight
-
Uk Banking Sector 'significantly More Stable'
Bootstrap replied to interestrateripoff's topic in House prices and the economy
Phew! That's the banks sorted out. Just the state to rescue now ... oh dear -
What LuckyOne says makes perfect sense to me. If you buy in expensive markets then you are simply relying on capital gains or a "greater fool" to make any money. P/e ratios are large. If you buy in cheap markets then you are investing for a regular income and you care less about capital gains. Right now it's an expensive market and feels like one big elaborate casino imo.
-
No, it should be blocked.
-
Nulab Plan To Thieve Your Savings And Str Funds?
Bootstrap replied to shell's topic in House prices and the economy
They've already done it (by stealth) IMO and continue to do so - massive devaluation of the £. -
Long live the miracle! The genius GB has shown me the way. I will get into a load of debt that I cannot service, spend it on holidays, new cars and loads of houses then to avoid insolvency I will simply increase my spending habits, take out more loans and then use my money printing machine I have in my cellar to effectively steal from my fellow countrymen (only the prudent ones with savings, mind you) to service the interest and fund my spending! I'll be rich beyond my wildest dreams or am I missing something?
-
Honey, I Shrunk The Bedroom
Bootstrap replied to bomberbrown's topic in House prices and the economy
-
lol you should write for The Daily Mash!
-
According to some geezer being interviewed on the BBC this morning, this is one of the major factors behind the continued economic slump. Did anyone else hear this earlier, can you elaborate? Absolutely unbelievable, I was tearing my hair out. The statement wasn't even questioned! This kind of stupid idiotic mentality pedalled bythe media to the masses sounds the flashing signals that we are blissfully sewing the seeds of the next bust and next time, if not this, it will finish the current fraudulent system. It can't come soon enough. Reading between the lines - through quantitative easing they are pillaging savers and production in general to give to debtors to redeem them and/or go and spend on the high street and drive a 'recovery'. They were discussing the following story... http://www.google.com/hostednews/ukpress/a..._0V-TZHKiHQXF_A
-
What Business Would You Be Starting Right Now?
Bootstrap replied to naturals's topic in House prices and the economy
Looting and theft; aka 'quantitative easing' -
Wahey!!! It must be true, the Daily Express said so. Quantitative easing is finally working as all those silly prudent folk who live well within their means are being looted and most don't even realise it. Time to stop this stupid mugs game of living within one's means, dump my increasingly worthless savings, load myself with collossal amounts of cheap debt and buy a ton of houses. Debt is wealth, I can't lose, I'll be rich in no time.... muhhhaahahaahaahaaa!!!
-
Uk Only Country Out Of Recession?
Bootstrap replied to Old_Traveller's topic in House prices and the economy
It really does prove that Gordo has the winning formula; to get filthy rich you borrow as much money as possible and 'invest' it into non-productive assets such as houses and gold and if it all goes tits up, you will be bailed out by all those gullible savers and other prudent folk who actually do something productive. Darn... that's where I've been going wrong for so many years Time to load myself with crippling amounts of debt, quit my productive job and buy up a load of houses... it's a one-way bet, I'll be rich in no time! All hail the Brown miracle!!! -
Keeping me priced out with my own hard-earned cash... you really couldn't make this sh1t up! It's like April Fools day every day in this banana republic! Time to start speculating in kitchen sinks... the government are thowing that many of them at the housing market they must be in chronically short supply
-
Some Phrases That Need Consigning To The Dustbin
Bootstrap replied to Fishman's topic in House prices and the economy
"It's different this time." Edit: actually that's a valid statement - it's a hell of a lot worse! -
Wrongmove Man On Bbc London News Just Now
Bootstrap replied to 0q0's topic in House prices and the economy
Which September? -
'Underpinned' 'Rent is dead money'
-
Can Someone Advice Pleeeeeeeeeeeeeease Urgently
Bootstrap replied to Teetoz's topic in House prices and the economy
Deep down I think you already know what the answer is. You want justification to validate your feelings that this is not such a good idea at this time, which is why you came to a biased forum like House Price Crash for advice. -
I'm mortgage free, no debt. Just a shame I don't have a house either lol! Still, rather that than having to service a colossal debt with 3 jobs as a result of giving into VI propaganda to buy that overpriced 1-bed delapitated shoebox in stabbotsville at 8x my very good salary 'before it goes out of my reach forever'.