sossij Posted September 5, 2007 Share Posted September 5, 2007 I can't read any of this due to Furbys avatar. I 'm told there's text in this thread somewere, I just can't see it. Well they say it makes you go blind Quote Link to comment Share on other sites More sharing options...
northern numpty Posted September 5, 2007 Share Posted September 5, 2007 I am becoming increasingly concerned that while many ideas and theories and so on are being discussed on this forum within the context of housepricecrash it is ever more the case that it appears people (lots of newbies that some of the regs endearingly refer to as sheeple) are coming here to ask for financial and investment advice in light of current economic conditions. Im also increasingly concerned that some people seem to be taking as gospel what they are reading here and acting upon it as though it constitutes fair balanced advice on such matters. On the other hand there seem to be those attempting to assert personal views and analyses as constituting authoritative advice. Lest anyone needs reminding, what is expressed on these forums is in the VAST majority of cases only personal opinion not professional and should NOT be acted upon without seeking proper professional counsel and research on your own behalf. Its becoming quite alarming to watch some people flocking to certain threads as if the posters have all the answers and are some sort of 'path to true enlightment' and lapping up everything contained therein. I really shouldnt have to be spelling this out but I also really think it's getting out of hand tbh. Tiz true what your saying.......i spent a couple o k on advice from the DR and a few others,on 400 boxes of Terry's gold chocolate ........and ive eaten me feckin profits away already........"hold on to it "they say.......but they go out of date next week.....ffs....munch...munch. Quote Link to comment Share on other sites More sharing options...
the_skeptic Posted September 5, 2007 Share Posted September 5, 2007 In my opinion stonethecrows makes a valid point about properly researching decisions and not relying on any one source of information. Although with it perhaps being an obvious point, some people have seen themselves as 'above' the advice and have seemingly taken offence at it (they could of course have just chosen to ignore it, in much the same way that they would ignore other obvious warnings like 'DO NOT INGEST' printed on a bottle of oven cleaner). The main reason for my reply is that I strongly disagree with the assertion that you must seek 'professional' advice. Now as I see it, there is good advice and there is bad advice, there is informed advice and there is ill-informed advice, there is impartial advice and there is un-impartial advice. Professional advice does not come in to this equation. Professional advice, by definition, is advice that the giver is being paid for. Now that starts alarm bells ringing for me straight from the off. I'm not saying profesional advice is all bad or that it doesn't have its place, but it is definitely not essential. Quote Link to comment Share on other sites More sharing options...
sossij Posted September 5, 2007 Share Posted September 5, 2007 In my opinion stonethecrows makes a valid point about properly researching decisions and not relying on any one source of information. Although with it perhaps being an obvious point, some people have seen themselves as 'above' the advice and have seemingly taken offence at it (they could of course have just chosen to ignore it, in much the same way that they would ignore other obvious warnings like 'DO NOT INGEST' printed on a bottle of oven cleaner).The main reason for my reply is that I strongly disagree with the assertion that you must seek 'professional' advice. Now as I see it, there is good advice and there is bad advice, there is informed advice and there is ill-informed advice, there is impartial advice and there is un-impartial advice. Professional advice does not come in to this equation. Professional advice, by definition, is advice that the giver is being paid for. Now that starts alarm bells ringing for me straight from the off. I'm not saying profesional advice is all bad or that it doesn't have its place, but it is definitely not essential. Thanks for the advice. Quote Link to comment Share on other sites More sharing options...
Soul Reaver Posted September 5, 2007 Share Posted September 5, 2007 It gives me something to do in the office to read these posts each day with my mornign and afternoon coffee. As for taking them seriously and or following the advice! Well I guess life is a gamble unless of course you live in Socialist UK and then you can blame everyone else for your poor choices Quote Link to comment Share on other sites More sharing options...
dstars Posted September 5, 2007 Share Posted September 5, 2007 http://www.housepricecrash.co.uk/forum/ind...showtopic=54921 Quote Link to comment Share on other sites More sharing options...
Guest grumpy-old-man Posted September 5, 2007 Share Posted September 5, 2007 Thanks for the advice. good post though the_skeptic Quote Link to comment Share on other sites More sharing options...
Goldfinger Posted September 5, 2007 Share Posted September 5, 2007 Excuse me while I go and do exactly what RB says Stuff your matress with Dollars? Quote Link to comment Share on other sites More sharing options...
Orbital Posted September 5, 2007 Share Posted September 5, 2007 I am becoming increasingly concerned that while many ideas and theories and so on are being discussed on this forum within the context of housepricecrash it is ever more the case that it appears people (lots of newbies that some of the regs endearingly refer to as sheeple) are coming here to ask for financial and investment advice in light of current economic conditions. Im also increasingly concerned that some people seem to be taking as gospel what they are reading here and acting upon it as though it constitutes fair balanced advice on such matters. On the other hand there seem to be those attempting to assert personal views and analyses as constituting authoritative advice. Lest anyone needs reminding, what is expressed on these forums is in the VAST majority of cases only personal opinion not professional and should NOT be acted upon without seeking proper professional counsel and research on your own behalf. Its becoming quite alarming to watch some people flocking to certain threads as if the posters have all the answers and are some sort of 'path to true enlightment' and lapping up everything contained therein. I really shouldnt have to be spelling this out but I also really think it's getting out of hand tbh. I share the same concerns. The site has almost taken on the state of a frenzied cult. It's very typical of what we term a cyclical belief system. People continuously reinforce the views by finding supporting arguments and disregarding any counter opinion. This is very evident when those posts pop up stating "I really believe everything on this site and I just cant understand why prices are still going up". Well of course you cant understand. You only ever looked at one side of the debate. Scares the hell out of me that some peeps have sold up their homes on this basis (maybe). Some will get lucky. Some wont. As long as people treat it as a bit of a joke site, and most people do (certainly on more serious economic sites), I dont see a problem however. Quote Link to comment Share on other sites More sharing options...
northern numpty Posted September 5, 2007 Share Posted September 5, 2007 I agree with the OP. There's a woman on here who has 9 children and has advised one of them, a bright girl, not to attend university if if means taking on student debt. She has obviously came to this conclusion from the "expert" advice and "analysis" from this forum.Her daughter will pay the price for the rest of her life. I came to this forum to be entertained (which I am - I'd like to thank the many posters here for that, beats watching television any day). I rather naively thought that was why other people were here as well. It's a little horrific to find that people are actually taking things seriously here. If its methinkshe.... i doubt she will take much advice folk on here....strong opions about the finacial unwashable that are on here. Quote Link to comment Share on other sites More sharing options...
bearly hopeful Posted September 5, 2007 Share Posted September 5, 2007 As a newbie myself I feel I must put in my two-penneth. I dont doubt the OP's original concern is genuine but i feel there is enough oppossing points of view in any thread for it to be sort of balanced . I dont think the sort of people who come here are so easily influenced as s/he may think. I would imagine those sort of people are too busy trying to get the finance on their 3rd/4th BTL sorted at the moment. Anyway must dash, got to sharpen my pointy stick and get started on the tree house. Quote Link to comment Share on other sites More sharing options...
Goldfinger Posted September 5, 2007 Share Posted September 5, 2007 If its methinkshe.... i doubt she will take much advice folk on here.... Some posters (I don't want to name any) seemed to write about her/her family in quite disrespectful ways. You couldn't really blame her for not taking advice from these people (even if this advice was correct). Anyway, every now and then some of the debates here become too personal and too heated. Thank god we have posters who try to bring back rational thinking into debates and try to argue with facts and logical arguments. Personally, if someone asks me for advice I am happy to give my opinion, but I am the first to point out that I am no professional FA. Usually, I also try to explain my personal circumstances and how they influence my decisions. And I am not getting tired telling people that completely different circumstances might require completely different approaches. My impression is that most posters here act in a similar way. Quote Link to comment Share on other sites More sharing options...
sambino Posted September 5, 2007 Share Posted September 5, 2007 Ive heard Barclays use this forum to make their financial judgements Quote Link to comment Share on other sites More sharing options...
dstars Posted September 5, 2007 Share Posted September 5, 2007 Scares the hell out of me that some peeps have sold up their homes on this basis (maybe). Some will get lucky. Some wont. As long as people treat it as a bit of a joke site, and most people do (certainly on more serious economic sites), I dont see a problem however. Why would it scare you if someone else sells their house? 'Most' people can and certainly will think of this forum as a joke; but they would be entirely misguided in making that assumption. When I wanted to write about the problems I saw coming in the market the only place where I saw anyone saying anything similar was here. I'm not suggesting that what you say is not a joke; you may be right there for I haven't looked at a single post of yours, but I have seen better analyses here than in the press; much better. And I know the difference. http://www.housepricecrash.co.uk/forum/ind...showtopic=54921 Quote Link to comment Share on other sites More sharing options...
Goldfinger Posted September 5, 2007 Share Posted September 5, 2007 (edited) Scares the hell out of me that some peeps have sold up their homes on this basis (maybe). Some will get lucky. Some wont. Lots of equity in the house -- why would you sell? You should only do this if you're very sure about what you're going to do with the money. Almost no equity in the house -- well, selling (a month ago) could be (have been) an extremely good idea. Edited September 5, 2007 by Goldfinger Quote Link to comment Share on other sites More sharing options...
liquid Posted September 5, 2007 Share Posted September 5, 2007 (edited) As long as people treat it as a bit of a joke site, and most people do (certainly on more serious economic sites), I dont see a problem however. I think you're on the losing side. http://www.googlefight.com/index.php?lang=...use+market+bull One day HPC will be regarded as the pantheon of house price sentiment (metrics). Probably. edited: for smiley Edited September 5, 2007 by liquid Quote Link to comment Share on other sites More sharing options...
Guest AuntJess Posted September 5, 2007 Share Posted September 5, 2007 (edited) Agreed (I'm going to have to stop doing this, Ayatollah!)I think it's just that the OP managed to sound just a tad patronising while at the same time posting the blindingly obvious. That might not have been his intent but that's the trouble with message boards. Anyway, its been minutes since there's been a decent flame war on here FLAME ON! I think most people would find it hard to express concern without seeming patronising. Tone of voice conveys a great deal which is lost on the typed forums. As for disclaimers: I think they should put them on quite a few websites which purport to " tell it how it is" Edited September 5, 2007 by AuntJess Quote Link to comment Share on other sites More sharing options...
Daft Boy Posted September 5, 2007 Share Posted September 5, 2007 I was penniless when I first posted on this site. Thanks to all the advice from HPC.co.uk I am now a very wealthy man. Thank you so much. Mr. B.Ollicks Luton on Sea (further testimonials can be obtained from a moderator on request) Quote Link to comment Share on other sites More sharing options...
stonethecrows Posted September 5, 2007 Author Share Posted September 5, 2007 What a very interesting set of responses and reactions to my original point Thank you all kindly for your input. Interesting how so many perceive it as patronising-yes it does seem like Im stating the bleeding obvious doesnt it? In much the same way as anyone with half an ounce of common sense can see that public health warnings on packs of fags, 'your home may be repossessed if you do not keep up with repayments' tags on mortgage adverts, 'the value of investments can go down as well as up' seems so blindingly obvious no? To the many intelligent, diverse posters we have here I have no doubt of your intellectual capacity to understand it and take this forum in the context in which it is intended. At a personal level it actually does concern me somewhat that there are those who seem to be taking it too seriously but that isnt really the point Im making at all. Also interesting to read some of the responses to the 'professional advice' comment-if only more people were a little more sceptical of just what 'professional advice' actually amounts to ey Cheers again ppl Quote Link to comment Share on other sites More sharing options...
stonethecrows Posted September 5, 2007 Author Share Posted September 5, 2007 Oh yes and just one little PS to all those who cried 'who made you moderator' and so on-well it may interest you to know that I wasnt the one who decided this thread belonged in the 'abouthousepricecrash' topic forum curiously enough-I just plonked it into main discussion as a passing observation...now who could have put it here I wonder??? How does it go grumpy old man? Boom-tish isnt it or somethin like that Quote Link to comment Share on other sites More sharing options...
BENEFIT SPONGER Posted September 5, 2007 Share Posted September 5, 2007 Oh yes and just one little PS to all those who cried 'who made you moderator' and so on-well it may interest you to know that I wasnt the one who decided this thread belonged in the 'abouthousepricecrash' topic forum curiously enough-I just plonked it into main discussion as a passing observation...now who could have put it here I wonder??? How does it go grumpy old man? Boom-tish isnt it or somethin like that You are entitled to your opinion,but then again opinions are like @ssholes. Everyone is entitled to one and some are good and some are full of sh*t. Quote Link to comment Share on other sites More sharing options...
Furby Posted September 5, 2007 Share Posted September 5, 2007 I can't read any of this due to Furbys avatar. I 'm told there's text in this thread somewere, I just can't see it. It's a jedi mind trick. F Quote Link to comment Share on other sites More sharing options...
stonethecrows Posted September 7, 2007 Author Share Posted September 7, 2007 You are entitled to your opinion,but then again opinions are like @ssholes.Everyone is entitled to one and some are good and some are full of sh*t. Well I guess you'd know all about that one ey BS So eloquently put too-do remind me which charm school it was you went to?! Quote Link to comment Share on other sites More sharing options...
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