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Reply to: Toxic Investments

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Previously on "Toxic Investments"

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  • Sysman
    replied
    Originally posted by DimPrawn View Post
    They've been saying that since after 2008.

    FTSE has gone up about 35%, house prices by at least 20% and bonds have gone through the roof.


    Same thing with Money Week. Do the opposite of whatever they say and make a fortune.
    But the pound has dropped by nearly 40% since 2007 against my currency.

    Good Doom and Gloom post BB

    Leave a comment:


  • DimPrawn
    replied
    Originally posted by TimberWolf View Post
    Moneyweek give out tips and then the ones they get right they use to show how clever they are.

    They fail to mention the 99% of "tips" and advice which would have actually resulted in you becoming bankrupt.

    Leave a comment:


  • TimberWolf
    replied
    Originally posted by DimPrawn View Post
    They've been saying that since after 2008.

    FTSE has gone up about 35%, house prices by at least 20% and bonds have gone through the roof.


    Same thing with Money Week. Do the opposite of whatever they say and make a fortune.


    Last year you could have made gains of 66%, 93%, 43%, 74%, and 84% in a very short space of time from tips found in MoneyWeek.

    Leave a comment:


  • GreenLabel
    replied
    Originally posted by sasguru View Post
    If we are serious about living within our means then the govt. must let things rip. That will cause pain but its the only way forward.
    Do they have the courage is the big question.
    I'd argue that we currently pay lip service to living within our means, but lack the intestinal fortitude to do anything meaningful about it. There's been bugger all courage displayed so far, but surely there has to be a tipping point where meaningful action can't be put off any longer.

    Leave a comment:


  • TimberWolf
    replied
    The very same people who got us into
    this mess... are using the very same
    toxic policies to try and get us out!
    The Gordon plan.

    Leave a comment:


  • sasguru
    replied
    Originally posted by GreenLabel View Post
    It needs to, but will it?
    The only reason it has not so far is the artificial stimulus given to the economy in the last 2 years i.e. printing money and 0% interest rates.
    If we are serious about living within our means then the govt. must let things rip. That will cause pain but its the only way forward.
    Do they have the courage is the big question.

    Leave a comment:


  • GreenLabel
    replied
    Originally posted by sasguru View Post
    Absolutely right about property - that needs to fall minimum 20%-30% to correct.
    It needs to, but will it?

    Leave a comment:


  • sasguru
    replied
    Absolutely right about property - that needs to fall minimum 20%-30% to correct.

    Not sure about the others.

    Leave a comment:


  • DimPrawn
    replied
    Originally posted by BlasterBates View Post
    They've been saying that since after 2008.

    FTSE has gone up about 35%, house prices by at least 20% and bonds have gone through the roof.


    Same thing with Money Week. Do the opposite of whatever they say and make a fortune.

    Leave a comment:


  • BlasterBates
    started a topic Toxic Investments

    Toxic Investments

    Time to readjust those investments:

    4 toxic investments report - FSPonline-recommends.co.uk

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