Originally posted by sasguru
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Reply to: Financial institutions; FFS, grow a pair
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Previously on "Financial institutions; FFS, grow a pair"
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Originally posted by sasguru View PostThat'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.
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Originally posted by DimPrawn View PostAsia 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.
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.
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Originally posted by sasguru View PostOf 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.
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.
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Originally posted by Mich the Tester View PostYes, 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.
Must be nice and cosy in your simple world.
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Originally posted by sasguru View PostAs 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.
"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.
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Originally posted by sasguru View PostThat's what gardeners are for.
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Originally posted by 2BIT View Postgod to have a garden! luxury, luxury I tell thee...
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Originally posted by 2BIT View Poststill 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
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Originally posted by Mich the Tester View Postthat's a result
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Originally posted by 2BIT View Postjust 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!
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