Reply to: Stop being so darned pessimistic

[Liability]

Its difficult to be positive when your friends are hitting the dole queue but what doesn't kill you makes you stronger. Plan C is going OK so far.

The tragedy is that the people that will suffer will be the honourable but not superbright. The ones that will profit will be mainly the dishonourable. Some clever but honourable will do OK.

disagree with the last bit - its the wise and street smart that will make it out of this with flying colours.

As a contractor [and lets say you have been doing it for over 5 years] I fail to see how anyone can NOT have a fund to see them through at least 12 months! If you havent - than something isnt right

[Liability]

Really?
I've got loads of cash, but every plan B/Business venture I've tried has failed miserably (luckily <£1K lost), so I don't trust myself to invest larger sums

then they havent been the right ones [obviously].


If you lost 1k then they cant have been big? You obv need a plan and cant expect to make money in the first month unless it is very niche and your one lucky mofo

[Liability]

yeah : they are the former billionaires!

okay : you are right : they are opportunities in recession for a few. but the majority will be worse off.

Its a question of spotiing the opportunity and the bottom of the market.

BP - I disagree.

The difference here is how you see things. There are MORE opps in a recession than any other period - history has shown us this.

But yes, you need to spot them and align yourself to take advantage.

Majority are worse off as they let themselves be. It's a cultural thing I am afraid. The mentality of living on a month by month basis on your pay packed?! I mean WTF?

[SantaClaus]

yeah : they are the former billionaires!

okay : you are right : they are opportunities in recession for a few. but the majority will be worse off.

Its a question of spotiing the opportunity and the bottom of the market.

Yeah, I hear debt collection will be the new boom industry

[BrilloPad]

As much as Mandy may be clueless - on this occasion he himself probably doesnt realise that what he is saying IS actually true

There are IMMENSE opps in the current market if you have hard cash or can raise it.

Majority of new millionaires will actually be created from this Recession - ironic or not.

yeah : they are the former billionaires!

okay : you are right : they are opportunities in recession for a few. but the majority will be worse off.

Its a question of spotiing the opportunity and the bottom of the market.

[KentPhilip]

There are IMMENSE opps in the current market if you have hard cash or can raise it.

Really?
I've got loads of cash, but every plan B/Business venture I've tried has failed miserably (luckily <£1K lost), so I don't trust myself to invest larger sums

[OwlHoot]

.. It's all about how you look at it. If you was to be an outside and read this board - youd think the best way out would be a .44 after a bottle of rum - but right now is the time to make and align yourself. ..

Nah, rum rots your teeth - too much sugar.

A .44 after a bottle of brandy would be healthier.

[vetran]

Unfortunately

Its difficult to be positive when your friends are hitting the dole queue but what doesn't kill you makes you stronger. Plan C is going OK so far.

The tragedy is that the people that will suffer will be the honourable but not superbright. The ones that will profit will be mainly the dishonourable. Some clever but honourable will do OK.

[DodgyAgent]

LOL Very good,

But yep - I mean "normal" people.

I know of 2 close friends who are actually doing VERY well in their businesses and are looking to expand very soon - one is food based and another Valet. [I am talking netting 7k+ a week]. Another contractor who I have known for many years has a Amazon site selling electrical goods and last month his £200k in TO and whilst they work on smaller margins - he is making a comfortable net profit a week with 4 employees.

It's all about how you look at it. If you was to be an outside and read this board - youd think the best way out would be a .44 after a bottle of rum - but right now is the time to make and align yourself.

Opps are out there - the difference is that the half way house contractor mentality that many have arent the ones that will get anywhere - theyll still be "thinking" they run there own businesses lol.

Good stuff liability. It is good to hear a positive post for once.

[denver2k]

FFS Mandelson

[Liability]

Names so far include:

Hoon, Blair, Brown and Mandelson

LOL Very good,

But yep - I mean "normal" people.

I know of 2 close friends who are actually doing VERY well in their businesses and are looking to expand very soon - one is food based and another Valet. [I am talking netting 7k+ a week]. Another contractor who I have known for many years has a Amazon site selling electrical goods and last month his £200k in TO and whilst they work on smaller margins - he is making a comfortable net profit a week with 4 employees.

It's all about how you look at it. If you was to be an outside and read this board - youd think the best way out would be a .44 after a bottle of rum - but right now is the time to make and align yourself.

Opps are out there - the difference is that the half way house contractor mentality that many have arent the ones that will get anywhere - theyll still be "thinking" they run there own businesses lol.

[DodgyAgent]

As much as Mandy may be clueless - on this occasion he himself probably doesnt realise that what he is saying IS actually true

There are IMMENSE opps in the current market if you have hard cash or can raise it.

Majority of new millionaires will actually be created from this Recession - ironic or not.

Names so far include:

Hoon, Blair, Brown and Mandelson

[DodgyAgent]

Word has it (horses mouth that is) that him and his cronies are all over the banks, yet they have not the slightest understanding of how business works. So HSBC who are not owned by the govt are sweeping up the over £30k clients and the rest are being forced to to concentrate their business on the poor (permie IT ers ).

this is distorting the markets and they are doing it for no other reason than to win votes. It is frightening that these people are entrusted with so much power.

There is another one going in to politics at 22 Ian Gould's daughter. You can just imagine her running the dept of trade Industry, or anything for that matter.

Phillip

[Liability]

As much as Mandy may be clueless - on this occasion he himself probably doesnt realise that what he is saying IS actually true

There are IMMENSE opps in the current market if you have hard cash or can raise it.

Majority of new millionaires will actually be created from this Recession - ironic or not.

[DodgyAgent]

Who's Ian Gould? And who is his daughter?

http://www.thisislondon.co.uk/standa...ter/article.do

another minger for NL