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Time to buy (selected) stocks again?
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Originally posted by DimPrawn View PostNo. Next.Hard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostWhat would you know? You claim to have lost 500K in the last year. Whether that's fantasy or reality it's pretty poor either way
BOomEd.Comment
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Originally posted by DimPrawn View PostGood news. I hadn't actually lost the £500K, it was just down the back of the sofa all along.
BOomEd.Hard Brexit now!
#prayfornodealComment
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No.
The 30s depressions caught a lot of investors out who went back into the market thinking the worse was over and the bottom of the market was reached.
It wasnt and the market sunk again.
Result - ruin.
Spend your money and enjoy youself.
PS It will take at least 18 months before a genuine recovery is underway.
Record numbers of companies will go bankrupt next year with 200,000 insolvencies in Europe alone and “an explosion” of failed businesses in the US, according to the world’s largest credit insurer.
The US will see 62,000 companies go bust next year, compared with 42,000 this year and 28,000 last year, says a report by Euler Hermes, part of German insurer Allianz.
“The financial crisis will increase the risk of bankruptcy dramatically, particularly next year,” said Romeo Grill, chief economist at Euler Hermes. “There will be an explosion in the US but also big rises in Europe and especially the UK.”Last edited by AlfredJPruffock; 8 December 2008, 13:55.Comment
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Originally posted by AlfredJPruffock View PostRecord numbers of companies will go bankrupt next year with 200,000 insolvencies in Europe alone and “an explosion” of failed businesses in the US, according to the world’s largest credit insurer.
The US will see 62,000 companies go bust next year, compared with 42,000 this year and 28,000 last year, says a report by Euler Hermes, part of German insurer Allianz.
“The financial crisis will increase the risk of bankruptcy dramatically, particularly next year,” said Romeo Grill, chief economist at Euler Hermes. “There will be an explosion in the US but also big rises in Europe and especially the UK.”
Now's the perfect time for assguru to put his permie salary into the stockmarket.
Go for it! It's not a dead cat bounce at all. It's the recovery, and Brown has saved the World.Comment
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Originally posted by DimPrawn View PostNo, no, no.
Now's the perfect time for assguru to put his permie salary into the stockmarket.
Go for it! It's not a dead cat bounce at all. It's the recovery, and Brown has saved the World.
I have a substantial sum invested in carefully chosen companies in the stock market and am very happy with the investment, thank you.
http://www.economist.com/opinion/dis...ry_id=12724822Hard Brexit now!
#prayfornodealComment
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Fill ya bootsPublic Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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