Where can I get 10%, zero risk, govt backed return on my money?

[PurpleGorilla]

The government is in such a hole. House prices and immigration are all they have left.

BREXIT

[unemployed]

Interestingly though, what i think is happening now, is that there's a new cognitive elite who are getting rich.
You can see it on this forum

Boasty Mcboastface

[barrydidit]

most folk hold a golden ticket to the funfair so DGAF about future buyers at the bottom.

In 2004 I bought a house for £125k and sold it in 2007 for the same £125k. I remember the estate agent phoning me up to say that the buyers had been in touch and they really liked it, but that they wanted to pay £115k because they wanted something with more equity in it. I tulip you not.

That's puzzled me for nearly a decade, because I thought they were just a set of fwking cheeky kuntz. Now it's become clear - they were thinking of selling at a loss too so they could help those unfortunate enough to be younger than them

Thanks MM

Oh - looks like they did too. According to Rightmove:
- June 2007: Sold for £125k
- October 2014: Sold for £124k

Aren't they generous

[PurpleGorilla]

Where can I get 10%, zero risk, govt backed return on my money?

In 2004 I bought a house for £125k and sold it in 2007 for the same £125k. I remember the estate agent phoning me up to say that the buyers had been in touch and they really liked it, but that they wanted to pay £115k because they wanted something with more equity in it. I tulip you not.

That's puzzled me for nearly a decade, because I thought they were just a set of fwking cheeky kuntz. Now it's become clear - they were thinking of selling at a loss too so they could help those unfortunate enough to be younger than them

Thanks MM

Oh - looks like they did too. According to Rightmove:
- June 2007: Sold for £125k
- October 2014: Sold for £124k

Aren't they generous

Bummer dude. What's the rest of your house owning story? Have you bought Gain or renting?

[unemployed]

In 2004 I bought a house for £125k and sold it in 2007 for the same £125k. I remember the estate agent phoning me up to say that the buyers had been in touch and they really liked it, but that they wanted to pay £115k because they wanted something with more equity in it. I tulip you not.

That's puzzled me for nearly a decade, because I thought they were just a set of fwking cheeky kuntz. Now it's become clear - they were thinking of selling at a loss too so they could help those unfortunate enough to be younger than them

Thanks MM

Oh - looks like they did too. According to Rightmove:
- June 2007: Sold for £125k
- October 2014: Sold for £124k

Aren't they generous

i don`t understand !

if a twunk like sadguru can make money how did you lose ??

[OwlHoot]

Don`t even own a home .

waste of time

i buy and flip only mugs hold onto them

c24 is coming

Er, what's c24?

Do we need to stock up on fresh water and supplies?

[barrydidit]

i don`t understand !

if a twunk like sadguru can make money how did you lose ??

Lose? I sold for what I'd bought for, and lived there for 3 years in between. Who lost?

The price couldn't very well increase because the stamp duty threshold was £125k at the time.

[unemployed]

Lose? I sold for what I'd bought for, and lived there for 3 years in between. Who lost?

The price couldn't very well increase because the stamp duty threshold was £125k at the time.

well generally you make some kind of profit unless you paid vastly too much or bought in a bad area.

take away mortgage fees estate agents cost and it would be a lose , i guess the flip side is you have not paid some parasites mortgage for them.
so probably works out better.

[unemployed]

Er, what's c24?

Do we need to stock up on fresh water and supplies?

don`t worry only BTL parasites need to.

[sasguru]

don`t worry only BTL parasites need to.

Yeah I'm quaking in my boots in case a loser 40-year old virgin who lives with his mum assaults me with his selfie stick.
If you can't even leave home how do you expect to start a revolution?
Now please stop, I'm getting that deep belly laugh that means the afternoon will be a write off.