A new Redundancy board on MSE?

Dithering_Dad

!!!!!!? wrote: »

You cashed out when the market was higher and were cheering on falls in the hope that you could buy back in at a lower price, thus boosting your pension.

Nothing wrong with that of course, you are free to play the markets with your money as you choose - I just find it interesting that in the light of your past position on your personal pension and urging on the fall of stock values (which are a sure trigger for job losses), you yet again go on about the 'Schadenfreude community' on this group as you put it.

Presumably because the so-called 'Schadenfreude community' on this group warned others of lower prices and would quite like to pay/borrow less for a house, then it is somehow responsible for others losing their jobs? :rolleyes:

I'll respond to this and then I'll leave this thread because I find the Carolt and !!!!!!? tag team act a little 'old' these days.

You seem to be having trouble understanding the meaning of schadenfreunde, so I'll try and spell it out as clearly as I can...

I thought that the stockmarket would fall and so I put my money into cash.
HPC people thought that the housing market would fall and so they kept their money in cash.

When the stockmarket crashed I was pleased that I moved my money out and so maintained my retirement pot and knew that when I did buy back in, the share prices would be at a more reasonable level.
When house prices crashed the HPC people were pleased that they had not bought into property and knew that when they did buy, house prices would be at a more reasonable level.

When I post on here about the stockmarket, I wanted it to fall further because prices were inflated and I wanted prices to fall to a reasonable level. My wanting the stockmarket to fall had no effect on the actual movement in the prices - they're obviously out of my control. They would have fallen regardless of whether I had moved my money into cash or kept it in equities.
When the HPC people post on here about house prices, they want them to fall further because prices were inflated and they want prices to fall to a reasonable level. Their wanting the house market to fall had no effect on the actual movement of house prices - they're obviously out of their control. They would have fallen regardless of whether they bought a house or waited.

When the stockmarket crashes, it's usually due to an underlying problem with the economy and this is reflected in share prices. People lose jobs not because the stock price has fallen. People lose jobs because the economy is poor. The stock price merely reflects the state of the economy and the adverse trading conditions that the company is now operating in.
When house prices fall, it is usually due to an underlying problem with the economy and this is reflected in house prices. People lose jobs (in the housing industry) not because house prices have fallen. People lose jobs because the economy is poor. House prices merely reflect the state of the economy and the adverse trading conditions the house market is now operating in.

I knew the stockmarket was overpriced and did something about it. I have not made a single post where I have taken pleasure in the fact that other people did not "see it coming" or lost money in the crash.
HPC people knew the housing market was over priced and did soemthing about it. SOME of them have taken pleasure in the fact that other people did not "see it coming" and are losing money in the crash.

This is the difference. It's one thing to prepare yourself for hard times and advise others to the the same, to wish that an overinflated bubble that is pricing you out bursts and to be pleased when it does burst and prices start to fall to a reasonable level. It's quite another thing to mock people who lose money and to boast about how stupid they were for following a bandwagon and how they should have "listened to them".

From my posts you will see that I never do the latter. Unlike yourself. That's why you're a schadenfreunde and I'm not. I take pleasure in my good fortune, you take pleasure in other's misfortune.

WTF?_2

Dithering_Dad wrote: »

I'll respond to this and then I'll leave this thread because I find the Carolt and !!!!!!? tag team act a little 'old' these days.

LOL. Whining about being ganged up on already DD? Isn't that what you constantly accuse me of?

If you can't stand the heat, get out of the kitchen. Whoops, I see you already have

Dithering_Dad

!!!!!!? wrote: »

LOL. Whining about being ganged up on already DD? Isn't that what you constantly accuse me of?

If you can't stand the heat, get out of the kitchen. Whoops, I see you already have

Sorry, I had to respond to this as it it a gross misrepresentation of the problem I have with you.

What I constantly accuse you of is that you personalise the debate (as you just have with this thread, see your comments above) and when people respond and others agree with their response, you run off crying about how we should stick to the debate and how you hate how people personalise the debate.

You're a hypocrite as well as a schadenfreunde.

carolt

Dithering_Dad wrote: »

I'll respond to this and then I'll leave this thread because I find the Carolt and !!!!!!? tag team act a little 'old' these days.

You seem to be having trouble understanding the meaning of schadenfreunde, so I'll try and spell it out as clearly as I can...

If you'd read my post, you'll realise that I was telling you both to leave alone, as it is irrelevant to this thread. You seem to be the one having problems understanding.

And do, please, spell out to all of us exactly what 'a schadenfreunde' is?

I don't think I'm the only one who's never heard of this.

Dithering_Dad

Schadenfreude (IPA: [ˈʃaːdənˌfʁɔʏ̯də] Audio (German) (help·info)) is pleasure taken from observing the misery of another. The word referring to this emotion has been borrowed from German by the English language[1] and is sometimes also used as a loanword by other languages.

WTF?_2

carolt wrote: »

And do, please, spell out to all of us exactly what 'a schadenfreunde' is?

I don't think I'm the only one who's never heard of this.

It's a friend who gives you a lot of joy.

dopester

Dithering_Dad wrote: »

Strange, because I "saw all this coming" too but instead of ranting on and pouting when "no one would believe me" and bearing a grudge about it long after I was proven right,

Roll back what... 6 to 9 months - and before Lehmans went under- and for a long time you were attacking many of us for warning how serious the economic downturn and job losses were going to get.

Accusing us of "wishing it to happen" (recession / job losses / bad days ahead) when it was of a call for many to try and get prepared as best they can.

Wishing it to happen. Like your positive attitude would see it all alright if we pretended things weren't as bad as they are. Ridic.

Dithering_Dad

dopester wrote: »

Roll back what... 6 to 9 months - and before Lehmans went under- and for a long time you were attacking many of us for warning how serious the economic downturn and job losses were going to get.

Accusing us of "wishing it to happen" (recession / job losses / bad days ahead) when it was of a call for many to try and get prepared as best they can.

Wishing it to happen. Like your positive attitude would see it all alright if we pretended things weren't as bad as they are. Ridic.

Perhaps you are mistaking with someone else. I did remark that this was a particulary gloomy part of MSE and I did suggest that while it's useful to know that a downturn is coming, once you've done as much as possible to protect yourself (i.e. pay down debt, build up savings, get a more secure job, make your current job more secure, etc.) then there isn't much else you can do and there really is nothing to be gained by dwelling on the bad news, except to make yourself miserable.

My positive attitude is simply that I felt that tough times were coming and prepared myself as well as I could. I am realistic in my view of the economy but I won't seek out bad news in order to make myself or other people feel even worse.

Once you've done as much as you can to protect yourself, and let's face it you can only do so much, there is nothing else left to do except hunker down and ride it out. Constantly reading/posting negative news stories does nothing positive for your situation. In fact, there is a lot of proof that positive people are better survivors than negative people.

Just because someone has an optimistic nature, doesn't mean they foolishly put their head in the sand and tell themselves that 'it will be all right'. It actually means that they feel that they have done best they can to protect themselves and look forward to when the economy has an upturn.

Constantly reading only bad news and none of the good simply skews your outlook and will only give you half of the story. Things are never as bad as the newspaper make out, simply because they report on the extremes.

Don't you agree?

dopester

Dithering_Dad wrote: »

In fact, there is a lot of proof that positive people are better survivors than negative people.

Don't you agree?

Good question. Too much positivity can lead you in to danger. And I happen to believe short-sellers, as a group, are smarter than buyers.

I'll have to think that question over. I think I'm positively-negative which is a good survival grouping.

carolt

Dithering_Dad wrote: »

Schadenfreude (IPA: [ˈʃaːdənˌfʁɔʏ̯də] Audio (German) (help·info)) is pleasure taken from observing the misery of another. The word referring to this emotion has been borrowed from German by the English language[1] and is sometimes also used as a loanword by other languages.

I didn't ask you about Schadenfreude. Everyone knows that. I asked you about 'Scadenfreunde', which you accused !!!!!! of being one of - still never heard of that.