Financial institutions; FFS, grow a pair

[sasguru]

Yes, so Mr Financial Guru, stop your chums bankrupting the world and I'll be able to rehire him. He's probably getting quite thin now.

You really believe all the crap you read in the papers, don't you?
Must be nice and cosy in your simple world.

[DimPrawn]

Of course the stock market is all about the medium/long term i.e. 20 years, Only desperate impoverished chancers like you use it as a casino where you win some and lose some.
I'm still steadily putting away a few thousand every month in a conservative and geographically diversified portfolio.
BTW if you want a proper stock marrket fall look at what happened in the 1930s depression - Yet those who had a long term view that ecompassed this period still made money.

Asia Stocks Set for Fourth Weekly Drop as Growth Concern Deepens - Bloomberg

Asian stocks fell, set to erase all gains by the regional index since the end of 2009, amid signs the world economy is slowing and concern that Europe’s debt crisis will damage the banking system. South Korea’s Kospi Index dropped the most since November 2008.

[sasguru]

Asia Stocks Set for Fourth Weekly Drop as Growth Concern Deepens - Bloomberg

Asian stocks fell, set to erase all gains by the regional index since the end of 2009, amid signs the world economy is slowing and concern that Europe’s debt crisis will damage the banking system. South Korea’s Kospi Index dropped the most since November 2008.

That's why you're poor Dim. You chance your £50K life savings on gold for a few weeks make £5K and think you're clever.
My stocks portfolio was started in 1994 and will keep going for another 20/30 years.
We'll be well past this Kondratieff cycle by then.

[Churchill]

That's why you're poor Dim. You chance your £50K life savings on gold for a few weeks make £5K and think you're clever.
My stocks portfolio was started in 1994 and will keep going for another 20/30 years.
We'll be well past this Kondratieff cycle by then.

Who do you think you're impressing?

[sasguru]

Who do you think you're impressing?

I don't give a crap whether or not I impress anyone.

[Churchill]

I don't give a crap whether or not I impress anyone.

Obviously.