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Debate House Prices
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Didn't last long.....
Comments
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sabretoothtigger wrote: »I guess it depends how sharply it moves, its only risky while its in danger of reversing past the original point which you released it. Surely its more acceptable to let the hedge fall by when the market moves how you expect
They're just trying to come up with ways to get a jibe in.
Financial meltdown not looking likely in the near term - no need for insurance policy. Gold coming off the peak steadily, cash in for small profit.
I've now transferred sufficient additioanl funds to the full value of what I originally wanted to put into on gold at the time (10% of my savings). Should the financial system look dodgy again, or inflation loom, I'll buy in. Takes about 9 or 10 mouseclicks and a couple of keystrokes to take out the 'insurance' again. I don't get interest on the cash while it's in the BV holding account (run by Lloyds) but then there's not a whole lot of interest to be had on savings accounts these days either.
I won't be blogging my progress here though - enough idiots trying to score points as it is without giving them any ammo to get digs in.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
even though the market has probably risen more than it has fallen over the last few days it would have been a perfect oportunity for the original poster to post what actually has happened on the FTSE, rather than just highlight bad news on one particular day
i've used the exact same link that they have used... says it all really!!
http://newsvote.bbc.co.uk/2/shared/fds/hi/business/market_data/overview/default.stm
they then deny that they just post doom and gloom - here is the evidence
Oh, get over yourself :rolleyes2--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
Looks like Brooney has made a right killing on those RBS shares, maybe he has a cunning plan to wipe out the 'highest borrowing since 1946''Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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actually !!!!!! no points needed to be scored - as a prolific poster and thread starter that you are we would all have expected a post to highlight the FTSE moving up when it moves up. You've done it when it goes down, why not when it moves up?
To be clear - your gold investment is a good one - as long as your close enough to the market to see any movement which it seems that you are it's avery good move.
I also think that increasing your cash balance for the house purchase is the way forward - again being close to the market and knowing what is going on is important. From your posts it seems that you are doing this.
So nothing to get over myself here. If you could clarify my first question it would be appreciated.0 -
TEVA is an interesting outfit too* - an Israeli generic pharma company.
I have no connection financial or otherwise with TEVA.
I am just curious about TEVA. They are on a PE of 19. Compare that with say Canon Inc of Japan (CAJ) which is on a PE of 9. Accepting that the electronics industry may take a bit of a bashing in a recession and pharma is more recession-proof, that's still quite a differential. I am sure that they are both well-run companies. Any comments on why TEVA, not CAJ?No reliance should be placed on the above! Absolutely none, do you hear?0 -
I am just curious about TEVA. They are on a PE of 19. Compare that with say Canon Inc of Japan (CAJ) which is on a PE of 9. Accepting that the electronics industry may take a bit of a bashing in a recession and pharma is more recession-proof, that's still quite a differential. I am sure that they are both well-run companies. Any comments on why TEVA, not CAJ?
I think TEVA is the best run generics company in the world and I think that the time has come for generic drugs as populations age and Governments (especially the US Government) are going to have to seek more bang for the buck when it comes to healthcare provision.
I don't have the skills to do a proper analysis of it and of course DYOR before risking any of your hard earned on it but I reckon it's a cracking buy and hold long term.0 -
I thought Teva made shoes!...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0
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actually !!!!!! no points needed to be scored - as a prolific poster and thread starter that you are we would all have expected a post to highlight the FTSE moving up when it moves up. You've done it when it goes down, why not when it moves up?
To be clear - your gold investment is a good one - as long as your close enough to the market to see any movement which it seems that you are it's avery good move.
I also think that increasing your cash balance for the house purchase is the way forward - again being close to the market and knowing what is going on is important. From your posts it seems that you are doing this.
So nothing to get over myself here. If you could clarify my first question it would be appreciated.
My original post was to highlight just how short-lived the boost given by the multi-billion bank bailout was.....
But a longer term look at the FTSE tells its own story:
1 month chart:
3 months chart:
12 months chart:
52 week high: 6721.60
52 week low: 3861.39
current: 4297.87
Classic bear market - or are you calling the bottom as having been last week then?--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
No I'm definately not calling the bottom as last week.
There is a long way to go here and too many ups and downs to go - I'm glad that you justified your point.0 -
neverdespairgirl wrote: »I thought Teva made shoes!
Pharma
http://www.tevauk.com/
http://finance.yahoo.com/q?s=TEVA
Shoes
http://www.teva.com/
Top tip: If you have difficulty swallowing your meds, take out the laces firstNo reliance should be placed on the above! Absolutely none, do you hear?0
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