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All my shares down 40%

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    #41
    Originally posted by contractor79 View Post
    take your muddying the water elsewhere


    Shall we assume you meant Eastern Orthodox - that seems to have the most books of the various different Bibles out there, and you wouldn't want to miss anything

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      #42
      Originally posted by xoggoth View Post
      Oh well, at least my father's gold watch is going up. Whats 2oz of 22ct and 2 oz of 19ct worth? And my 1936 George VIth penny.
      Two banks and a dozen of the insurance companies that are about to go bust.

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        #43
        Originally posted by PRC1964 View Post
        Two banks and a dozen of the insurance companies that are about to go bust.
        20 years ago,Someone I knew in his eighties (long dead now), seemed to be wasting money on frivolous things.
        Don't get me wrong, he was very wealthy and could afford it easily.
        When asked about it, he said that it could easily be taken away.
        "Why don't you invest and get more money?" was said to him.
        He replied on the lines of:
        - I made my first fortune and it dissappeared in the 1931 (Great Depression).
        - I started again and made my second fortune, only to leave it all behind as I left Germany
        - I made my third fortun and this time I'm spending it.

        He reckoned that in everyone's lifetime, there are 2 or more occasions when your "wealth" is taken off you - no matter who you are or what your religion is.

        Its only a matter of time that currency controls are implemented so unless you've prepared yourself - you'll just have to accept it.
        Get with the program, smile and bend over.
        There is no escape this time because you'll be too old to reap the benefits of the recovery. It took over 30 years for the US stock market to regain the value it crashed from.
        Last edited by Ivor Bigun; 10 October 2008, 18:13.

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          #44
          He was a sensible guy. I've adopted a similar attitude to him having lost a lot previously, but instead of earning and losing a fortune I prefer the steady road where you just work when you need to. Money is just not everything in life.

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            #45
            Having lost everything in the divorce 5 years ago I have not much to loose.

            Only things I have of value are my earnings capacity and my pension pot(in cash).

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              #46
              Originally posted by Cyberman View Post
              He was a sensible guy. I've adopted a similar attitude to him having lost a lot previously, but instead of earning and losing a fortune I prefer the steady road where you just work when you need to. Money is just not everything in life.
              With respect- thats wrong - Money is EVERYTHING in life - its just that YOU have to treat as "not everything".

              Its very easy to get wrapped up in the money thing "How much have I got? where do I chase the maximum advantage?".
              It can rule your life or blind you to what isn't important. Its that sort of easy life thinking that makes the "poor little rich kid". Maybe not in youm but in your children.
              Also, anyone living on a crap wage or made poor by "one of life's turns" would never agree with you.

              I suspect that you are typical of those who want more but secretly are dssappointed that you didn't make enough.
              Perhaps you're fearful that you've been found out? - that you won't make the "big bucks" you thought you would after the first year of contracting?

              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.

              Cyberman, There's always someone richer than you. Accept it and be truely thankful that you're not one of those that really lost their life's savings.
              .....and understand why you should be humble about it
              Last edited by Ivor Bigun; 10 October 2008, 18:34.

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                #47
                someone on the news the othe day said he sold his house 2 years ago and spen it all on gold.....

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                  #48
                  Originally posted by Ivor Bigun View Post
                  With respect- thats wrong - Money is EVERYTHING in life - its just that YOU have to treat as "not everything".

                  Its very easy to get wrapped up in the money thing "How much have I got? where do I chase the maximum advantage?".
                  It can rule your life or blind you to what isn't important. Its that sort of easy life thinking that makes the "poor little rich kid". Maybe not in youm but in your children.
                  Also, anyone living on a crap wage or made poor by "one of life's turns" would never agree with you.

                  I suspect that you are typical of those who want more but secretly are dssappointed that you didn't make enough.
                  Perhaps you're fearful that you've been found out? - that you won't make the "big bucks" you thought you would after the first year of contracting?

                  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.

                  Cyberman, There's always someone richer than you. Accept it and be truely thankful that you're not one of those that really lost their life's savings.
                  .....and understand why you should be humble about it


                  You're wrong. I'm happy with my lot, more or less. I don't want to work unless I need to and prefer enjoying my spare time to earning money. I have a good salary-linked pension to look forward to.

                  I have enough equity in my house to be pretty comfortable if I sell and move abroad, or I could even let it out. There's no incentive to have lots of money... you'll only be worrying about how safe it is, and then when you die HMG will take most of it. I actually enjoy earning less and depriving HMG of as much tax as possible, and I have more time to spend with my 23 year old girlfriend.

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                    #49
                    Originally posted by Cyberman View Post
                    I have more time to spend with my 23 year old girlfriend.
                    I didn't realise they made inflatable women 23 years ago, I learn something every day.

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                      #50
                      Originally posted by Cyberman View Post
                      You're wrong. I'm happy with my lot, more or less. I don't want to work unless I need to and prefer enjoying my spare time to earning money. I have a good salary-linked pension to look forward to.

                      I have enough equity in my house to be pretty comfortable if I sell and move abroad, or I could even let it out. There's no incentive to have lots of money... you'll only be worrying about how safe it is, and then when you die HMG will take most of it. I actually enjoy earning less and depriving HMG of as much tax as possible, and I have more time to spend with my 23 year old girlfriend.
                      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.

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