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Is the doom just beginning?

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    #51
    Originally posted by TimberWolf View Post
    It seems to me that news of economic doom is picking up pace rapidly now and the effects beginning to show in the real economy. No Jobserve jobs, house and stock prices crashing etc. Or are we just getting a lot of bad economic news currently and can expect this to peak and we see green shoots of recovery to begin appear later this year or next?

    Or are we all doomed and even after the major doom has peaked, are we all doomed long-term too?
    Green shoots my arse.
    We're all doomed, I just want to pay my mortgage off and then become an equality and diversity inspector for the council.

    To cheer you up TimberWolf
    http://www.howitends.co.uk/

    Comment


      #52
      Originally posted by d000hg View Post
      Self-fulfilling prophecy?
      Hes talking about the detonation of the Reality Bomb.

      Comment


        #53
        The UK has agreed on "quantative easing", or in yours and my terms, printing money!

        This will dilute the value of the £ further. It will dilute confidence in UK plc and the govt's credit worthinesss.

        Jim Rogers said last night on Channel4 that eventually nobody will want to buy UK govt bonds because they wont be worth the paper they are written on. I think he is right.

        http://www.channel4.com/news/article...rogers/3009962

        Lets face it, the one driver of our economy, finance, is dead!
        We killed off manufacturing and agriculture.
        We almost killed off IT with outsourcing.
        The banks have gone to the wall.
        The non pofit making Public sector probably accounts for more employment than the private sector now.
        We have corrupt MPs and politicians grabbing anything they can get before it all goes to pot.
        We owe an incomprehensible few trillion in debt.
        There is no bottom to the market. You are kidding yourself if ypu think there is. Ok, well, maybe zero!
        And my baby's generation will be made to pay for this mess.

        Anyone want to stick around for too long in this country?
        Don't all raise your hands at once!
        'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
        Nick Pickles, director of Big Brother Watch.

        Comment


          #54
          Originally posted by SantaClaus View Post
          The UK has agreed on "quantative easing", or in yours and my terms, printing money!

          This will dilute the value of the £ further. It will dilute confidence in UK plc and the govt's credit worthinesss.

          Jim Rogers said last night on Channel4 that eventually nobody will want to buy UK govt bonds because they wont be worth the paper they are written on. I think he is right.

          http://www.channel4.com/news/article...rogers/3009962

          Lets face it, the one driver of our economy, finance, is dead!
          We killed off manufacturing and agriculture.
          We almost killed off IT with outsourcing.
          The banks have gone to the wall.
          The non pofit making Public sector probably accounts for more employment than the private sector now.
          We have corrupt MPs and politicians grabbing anything they can get before it all goes to pot.
          We owe an incomprehensible few trillion in debt.
          There is no bottom to the market. You are kidding yourself if ypu think there is. Ok, well, maybe zero!
          And my baby's generation will be made to pay for this mess.

          Anyone want to stick around for too long in this country?
          Don't all raise your hands at once!
          Never mind with your superb technical and charting abilities, I'm sure you have no need to worry.
          Hard Brexit now!
          #prayfornodeal

          Comment


            #55
            Originally posted by SantaClaus View Post
            The UK has agreed on "quantative easing", or in yours and my terms, printing money!

            This will dilute the value of the £ further. It will dilute confidence in UK plc and the govt's credit worthinesss.

            Jim Rogers said last night on Channel4 that eventually nobody will want to buy UK govt bonds because they wont be worth the paper they are written on. I think he is right.

            http://www.channel4.com/news/article...rogers/3009962

            Lets face it, the one driver of our economy, finance, is dead!
            We killed off manufacturing and agriculture.
            We almost killed off IT with outsourcing.
            The banks have gone to the wall.
            The non pofit making Public sector probably accounts for more employment than the private sector now.
            We have corrupt MPs and politicians grabbing anything they can get before it all goes to pot.
            We owe an incomprehensible few trillion in debt.
            There is no bottom to the market. You are kidding yourself if ypu think there is. Ok, well, maybe zero!
            And my baby's generation will be made to pay for this mess.

            Anyone want to stick around for too long in this country?
            Don't all raise your hands at once!
            I thought you lived in Lapland?

            Or has that gone to pot as well?

            Comment


              #56
              Originally posted by sasguru View Post
              Never mind with your superb technical and charting abilities, I'm sure you have no need to worry.
              Hey, you said something right sasguru

              Seriously though, the standard "buy and hold" model of investing is dead.
              I mean, what sort of returns would the average punter have got on the stock indices if he had held them in his pension for 10 years?
              'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
              Nick Pickles, director of Big Brother Watch.

              Comment


                #57
                Actually you would have decent returns. You might be surprised how much in dividends you get. I'm currently recieving about 4-5% in dividends. So although your portfolio wouldn't be worth a great deal more than 10 years ago you'll be earning quite a few doolies from the divs.
                I'm alright Jack

                Comment


                  #58
                  Santa, If you are making lots of money by shorting, why do you hate this country. Seems to me it's a land of opportunity for you
                  The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

                  But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

                  Comment


                    #59
                    Originally posted by BlasterBates View Post
                    I'm currently recieving about 4-5% in dividends.
                    Is that %-tage to current low share prices? If you bought shares on the peak (say double the share price) then suddenly dividends ain't that high and even if they were 5% then still massive loss in share price won't make one feel very good: nobody invests long term now, waiting 15-20 years for dividends to pay back investment is way too long.

                    Comment


                      #60
                      Originally posted by AtW View Post
                      Is that %-tage to current low share prices? If you bought shares on the peak (say double the share price) then suddenly dividends ain't that high.
                      Well the point is the return if you'd bought 10 years ago wouldn't be 0 because the dividend yield at that time was about 2% and has now risen.

                      So that might indicate that now is a good time to invest.

                      I think you'd be hard pressed to find investors who bought all their shares right at the top of the market.
                      I'm alright Jack

                      Comment

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