Be afraid, be very afraid

[OwlHoot]

What you mean 32 acres is not enough?

http://www.primelocation.com/uk-prop...id/MAYHA111080

Wow, that's amazing value so close to London. If I had £800K spare I'd buy it in a flash.

Probably not very fertile, as Mich said. But with a few tons of fertilizer I'm sure you could have a decent sized vegetable patch.

[Svalbaard]

Perhaps. But why would you be so influenced by a man who claims to be "a top advisor" but failed to see this coming? It's easy to be knowledgeable after the event.

All of these persons in their lofty positions have turned out to be idiots driven to blindness and arrogance by their greed. Nothing more.

[Foxy Moron]

That house looks like a shed, 800k is for the land, which you won't be able to do anything with.


Re advisor, another opportunity to talk the market down before buying more cut down shares!

[Mich the Tester]

with a few tons of fertilizer I'm sure you could have a decent sized vegetable patch.

For about 2 years yes, but then the costs of fertilizer will go up as your land's nutrients are depleted.

Oh, and don't try turning woodland into arable land; that's what people tried in Brazil, and after two growing seasons they ended up starving as there were no more nutrients in the ground; rotting wood on the forest floor is a great mulch and humus source, but contains almost no nutrients.

I'm afraid this project isn't going to fly.

[Foxy Moron]

sticking the rest in a cooperative bank.

Not now that Brittania have their hand on it. Expect a massive fall in service

[Mich the Tester]

Not now that Brittania have their hand on it. Expect a massive fall in service

I said 'a' cooperative bank, not 'the' cooperative bank. The safest banks are those run by and for French or German government employees and farmers, closely followed by Rabobank. Lefty French civil servants and conservative Dutch farmers don't believe in wierd financial derivatives; they invest in land, farming machinery and breeding stock. Seeing as there are 6 billion people on earth who all need feeding, and that number is growing, there's a lot of sense to their investment policies. It just wasn't very fashionable for a long time.

[Liability]

http://www.telegraph.co.uk/finance/f...rl-Harbor.html

The multi-billionaire, who is an informal advisor to President Barack Obama, conceded the economy had approached "close to the worse case" possible.

He also warned that recovery would not come quickly.

Acknowledging his own failure to foresee the scale of the crisis, he admitted: "It's fallen off a cliff. Not only has the economy slowed down but people have really changed their habits like I haven't seen."

Mr Buffett, recently ranked the second-richest American by Forbes magazine, said that fear was the greatest cause of damage to the economy, claiming it is now dominating the public's behaviour to an alarming degree.

"People are confused and scared," he said.


Doomed!


That's why I'm taking the following action:

1. Buying a house with land to grow food.
2. Getting a shotgun licence and buying a lot of shotguns.
3. Taking hand-to-hand combat training
4. Learning how to use a sword and a bow-and-arrow

do / did you practise it or does it come natural?

[THE GENERALIST]

http://www.telegraph.co.uk/finance/f...rl-Harbor.html

The multi-billionaire, who is an informal advisor to President Barack Obama, conceded the economy had approached "close to the worse case" possible.

He also warned that recovery would not come quickly.

Acknowledging his own failure to foresee the scale of the crisis, he admitted: "It's fallen off a cliff. Not only has the economy slowed down but people have really changed their habits like I haven't seen."

Mr Buffett, recently ranked the second-richest American by Forbes magazine, said that fear was the greatest cause of damage to the economy, claiming it is now dominating the public's behaviour to an alarming degree.

"People are confused and scared," he said.


Doomed!


That's why I'm taking the following action:

1. Buying a house with land to grow food.
2. Getting a shotgun licence and buying a lot of shotguns.
3. Taking hand-to-hand combat training
4. Learning how to use a sword and a bow-and-arrow

Chauncey Gardener

[d000hg]

What you mean 32 acres is not enough?

http://www.primelocation.com/uk-prop...id/MAYHA111080

Actually that's exactly what I was thinking when I talked about a big place in the country... a sensible house with land. I assumed you were looking at big pretty 4-bed houses.

But yes, being so close to London does you mean are paying a premium for a dump with lots of land. Away from the SE you could get a few acres and a nice cottage somewhere for much less.