All my shares down 40%

[TykeMerc]

Actually gloating just makes him look an utter tw@.

Putting aside the fact that some of the hyper wealthy have lost a lot there are plenty of ordinary people that will suffer greatly and that's hardly a matter to gloat over.

[Ruprect]

Myself? I made a fortune in the years I contracted. Its all safe (comparatively). I think its likely that you will likely never be as wealthy as me or my children but do I gloat about it?
No.

yes

[PM-Junkie]

With respect- thats wrong - Money is EVERYTHING in life - its just that YOU have to treat as "not everything".

With respect, you are either a pratt or you are a kid who hasn't lived yet.

When you have beaten a serious life threatening illness, come back and tell me how "money is everything".

[BrilloPad]

Putting aside the fact that some of the hyper wealthy have lost a lot there are plenty of ordinary people that will suffer greatly and that's hardly a matter to gloat over.

The poor always suffer. What i amazing is that they put up with it.

I still think that this crisis is caused by difference between rich and poor - it is a shall that all have to be cut to nothing to restore equality.

[Stan.goodvibes]

“When I look back on all these worries, I remember the story of the old man who said on his deathbed that he had had a lot of trouble in his life, most of which had never happened”

- Winston Churchill

[scooterscot]

Yesterday I looked in horror at the value of my personal pension that I've been pouring thousands in over the past 3 years since I've been contracting. It was worth 30% less than what I had paid in. Same goes for my ISAs and non-ISA funds. These falls are no respector of sector, continent or risk factor.

Today I find that the FTSE is down up to another 10%. This means each £100 I put into the market in the last 3 years is worth only about £60-65 now.

What a kick in the teeth for trying to do the right thing.

And it would not have been better buying a house. Stamp duty, house price falls, interest rates going up - fckd there too.

Cash? I have 30% of my portfolio in cash or premium bonds. But the return on this is less than real inflation.

If I'm this fckd then imagine how much pension funds are going to be hit by in every company in this country. Imagine how much hit insurance companies are who are invested in with-profits funds etc.

Totally fckd my friends.

Sounds like the mattress would have been a better place...

[Cyberman]

I didn't realise they made inflatable women 23 years ago, I learn something every day.

[Cyberman]

Fair enough, glad you're happy.

BUT, why the initial post about not losing loads of money?

On one hand, you say you're happy etc. On the other hand you gloat about not losing as much as someone else.
Is the post trying to show its a vindication of your life's ideals - that you shouldn't chase money over all things because you get punished?
If so I agree somewhat but the overall tactic of gloating dilutes the point somewhat.

I wasn't intending to gloat, but I despair that people are so cavalier with their money, but then complain when they get caught out. If anything I'm trying to offer a bit of advice as I've been there myself.
I maintain that property is the best investment and will remain just that and that day-trading shares is nothing more than a gamble. Some can get lucky, but very few people makes pots of money.
We all need money, it's just that there's not much point in leaving it behind when you die. It seems such a waste of your life if you spend it all working just to earn money that you'll never be able to spend.

[Ivor Bigun]

With respect, you are either a pratt or you are a kid who hasn't lived yet.

When you have beaten a serious life threatening illness, come back and tell me how "money is everything".

Yep. I agree, Ill health is a "game over". It affects everyone, young or old, rich or poor.

However, in your eagerness, you missed the bit where I said it's important NOT to think "Money is everything"

Seeing as you're too stupid and clueless to understand, I'll give you 2 examples.
- Youngest son needed an expensive operation. Without it, it would have seriously hindered him NHS - wait 1.5 years, Expensive Private - next month
- Mother needed financial help, She doesn't now.

IMO, there are some essential things that only money can buy. If you're rich, its no big deal to "buy" these esentials.
However, if you're a poor pensioner who can't afford to heat and feed yourself, its a pretty miserable place to be.

The only thing that being rich is good for - is that it makes you "free".

PM-Junkie, I assume you're suffering ill health?
Well I'm sorry you're still working - 'cos I bet with the limited life you have left, you'd rather be doing something else than being a wage slave.

[PM-Junkie]

Yep. I agree, Ill health is a "game over". It affects everyone, young or old, rich or poor.

However, in your eagerness, you missed the bit where I said it's important NOT to think "Money is everything"

Seeing as you're too stupid and clueless to understand, I'll give you 2 examples.
- Youngest son needed an expensive operation. Without it, it would have seriously hindered him NHS - wait 1.5 years, Expensive Private - next month
- Mother needed financial help, She doesn't now.

IMO, there are some essential things that only money can buy. If you're rich, its no big deal to "buy" these esentials.
However, if you're a poor pensioner who can't afford to heat and feed yourself, its a pretty miserable place to be.

The only thing that being rich is good for - is that it makes you "free".

PM-Junkie, I assume you're suffering ill health?
Well I'm sorry you're still working - 'cos I bet with the limited life you have left, you'd rather be doing something else than being a wage slave.

With respect monkeybrain, if you wrote in English people might understand you. "Its just that YOU have to treat as "not everything"" is meaningless.

And the state of my health is none of your business. Grow up.