Jump to content
House Price Crash Forum


  • Posts

  • Joined

  • Last visited

About vfr

  • Rank

Profile Information

  • Location
  1. Leading economists are talking about a major depression now. If you care about your friends and family you cannot simply give up on them. If they start cutting back now they will mitigate thier losses. I faced counter argument and denial from my sister and simply stated "do you really think I want too be sat here explaining this and putting myself up for ridicule or do you think it might just be that I care about you?" "equally with a younger fiend of mine who is looking to get on eth housing ladder for teh first desperate to have a place of his own, I pleaded with him to be patient and bide his time. not sure that one worked . I have found though that when people do take the time to listen I have experienced some agreement weeks later when they have come back and actually held off from a big financail decision or concur on what was said. Only 6 months ago I stopped an aquaintance buying a BTL in cornwall! Of course there are many people whose only option is denial.
  2. at least you can only lose 15K on a mercedes.
  3. I think that this is quite a worrying developement given that if all was well there would be no reason for a sell of.
  4. you're not from Southport are you Eric http://www.housepricecrash.co.uk/forum/ind...showtopic=69680
  5. My angle on this is silver now and housing in the UK in 2 years. Any thoughts? http://www.heraldnet.com/article/20080302/BIZ/998716943/1005 Invest in silver, real estate and stocks, celebrated author advises By Tim Grant Pittsburgh Post-Gazette Best-selling author Robert Kiyosaki believes there's a silver lining in the clouds over the sluggish U.S. economy in the form of silver itself. "If you have $10,000 cash, I would take $5,000 and buy silver either in an exchange-traded fund or coins and sit on the rest instead of keeping all of it in cash because the purchasing power of silver will go up and cash will go down," Kiyosaki said. The celebrated author of "Rich Dad Poor Dad" recently discussed his views on the current economy in a wide-ranging interview in which he recommended that people look for bargains while real estate and stock prices are low, and offered a cursory glimpse of his own investment strategy in these changing times. As a personal-finance guru best known for challenging traditional beliefs about the real definition of assets and liabilities, Kiyosaki, 60, has earned a reputation for offering what some would say is unconventional advice. His prevailing theme is that great economic changes in this generation behoove people to think more like investors instead of wage earners and consumers. "Right now, everyone has to learn to invest," he said. "I always say savers are losers. The purchasing power of the dollar has dropped and it will continue." Kiyosaki predicts that silver, which is trading for about $17 an ounce now, will reach its 1980 record high price of $52.50 an ounce in three or four years. Unlike gold, which is hoarded, silver is an industrial commodity used in products such as cell phones and television sets. And like oil, the supply of silver is declining while demand rises. "For the average guy, silver is the way to go," Kiyosaki said, adding that gold has gotten way too expensive for most people at this point. "Twenty-eight years ago, silver was $50 an ounce. Gold was $850. Today gold is at $900 an ounce. Silver is at $17. Which do you think is the better bet? I think silver." As for real estate and stocks, Kiyosaki says now is a great time to be an investor. "The real estate and stock market are having sales," he said. "So, this is the time to look for bargains. Between 2004 and 2005 was the worse time for real estate and stocks." The trouble with stocks, he said, is that U.S. companies that have always been considered good solid companies are more vulnerable to foreign competitors. General Motors will face stiff competition if and when India-based Tata Motors releases a $2,500 automobile on the world market. The Chinese are building their own jetliners. Microsoft could get hurt by open-source and Internet-based software. Kiyosaki's book series has sold more than 28 million copies worldwide since its release in 1997.
  6. My thoughts precisely and selling after only a year?
  7. [ 119 for sale on the same link! http://www.daltonsbusiness.com/find-a-busi...e.Estate-Agents 101 for sale on daltons weekly. http://www.rightbiz.co.uk/uk/183_estate_agents.html 33 for sale here
  8. http://www.businessesforsale.com/Estate-Le...s-For-Sale.aspx Price Reduced A very busy agency for sale in the heart of Dagenham, excellent growth potential. Good profits high turnover, please call for more Information. Property information Property: Leasehold Location: Dagenham Other information Expansion potential: With the thames gateway link opening near by. The property market has taken off in and around Dagenham. Competition / Market: Based in a good location the next nearest Agency is 2 miles away, huge growth potential. Support & training: We will support the potential buyers with training and understading of day to day running of the office. Reasons for selling: Personal reasons Trading hours: 9:30-6pm Furniture / Fixtures value: £5,000 Contact the seller For more information about this business for sale, click the Contact Seller button.
  9. what's the relevance other than to see how Estate Agents act? only that IMO as OP. although possibly it would be interesting to know what the same guy would say today. Some people find it interesting some don't. you obviously don't so why not just ignore it, you obviously think posting it was a waste of time.
  10. misprint edit next weeks apologies. tiny error missing the un.....fortunate First-time buyers Daniel Marks, 28, and Jackie Combine, 30, were fortunate to make it on to the housing ladder with a 5% deposit before such deals began to disappear.
  11. hah good spot.They had to protect MPs rural constituency homes somehow!
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.