MSE being ripped a new one on C4

angelusvai

it’s easy to be an expert after the… what’s that?

How about this one: don’t put all your eggs in to one basket, especially when it’s your life savings… knowledge can be learned, common sense is not so easy to come by especially when greed is involved.

Did you read the news today?: So called professional financial advisors got it wrong with Tax Payers money, not to mention that of charities by investing in Icelandic banks. Hope they’re accountable.

I am an expert and professional in my field and I have made mistakes, I don’t see one that’s been made here. The media loves bad news and blame showers. They are out to entertain and everyone loves a bit of schadenfreude.

hpsauce_2

That interview was totally biased with a clear agenda.
Yes Icesave did show as Matin's top pick but having read the info on the site I went with KE as I was worried about the protection (which with ING taking it over has just gone down the pan :rolleyes: ) which anyone could do.

As for the other guy they interviewed, it was more of a sympathy vote. I would assume from the fact that he had £150K in one account he didn't invest in icesave because of this website as Martin has been going on about spreading your money around for an age. Snow never asked the guy why he had not been sensible about spreading his money about or pointed out that other than B&B or NR he would still loose £100K even if he had it in a UK bank that went under.

I did feel bad for Martin, you seriously can't dump this at his feet. I still see him as a great finance guru, without him I would be £100's worse of as I wouldn't be stoozing, using cashback cards or websites, switched my energy supplier, got an ISA etc etc which is what makes him a guru in my eyes.
I don't see everyone queuing up at their IFA to abuse them or your mortgage advisor when you choose the 2 year fixed instead of the 5 year fixed mortgage 3 years ago.

Seriously take responsibility for your own choices.