Reply to: Financial institutions; FFS, grow a pair

[Churchill]

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

Obviously.

[sasguru]

Who do you think you're impressing?

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

[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]

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.

[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]

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.

[suityou01]

As someone in the finance industry who deals with risk for a living I have this to say:
As an itinerant IT tester don't presume to have an opinion about things you don't understand.
You don't have a "real" job, you just test software: that looks as ephemeral as any finance job from where I'm sitting.
Now back in you box and where's that bottle of Petrus?

Insolent Peasant.

Twice in one week I have agreed with Sas.

"Risk" is a mathematical concept, not some bedwetting term. Read up on probability theory and do some light reading on actuarial maths over the weekend.

[Mich the Tester]

That's what gardeners are for.

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.

[sasguru]

pain in the arse more like. I bloody hate weeding.

That's what gardeners are for.

[Mich the Tester]

god to have a garden! luxury, luxury I tell thee...

pain in the arse more like. I bloody hate weeding.

[2BIT]

Just don't go blowing the raise on an eco-shed will ya?

god to have a garden! luxury, luxury I tell thee...

[shaunbhoy]

still cant quite believe it, project is 20 mins up the road, its my system so I can control it but the fact he added 30% onto what he paid for me was just a master stroke - the guy is a mate but yeah am absolutely made up - just hope it comes through

Just don't go blowing the raise on an eco-shed will ya?

[2BIT]

that's a result

still cant quite believe it, project is 20 mins up the road, its my system so I can control it but the fact he added 30% onto what he paid for me was just a master stroke - the guy is a mate but yeah am absolutely made up - just hope it comes through

[Mich the Tester]

just had my old PM call me asking for my permission for the old client to call me direct...he even upped my rate by a 1/3..... BOOOM!

that's a result

[2BIT]

You want to watch out for headhunters then!!

just had my old PM call me asking for my permission for the old client to call me direct...he even upped my rate by a 1/3..... BOOOM!