Why FTB should Resisit buying now and Save instead! explained

confused31_2

davilown wrote: »

No I rent my place and the government won't sell up!

Even if they did want to sell, what would you buy it with?? the never never?

you wouldnt get a 100% mortgage now.

Im going to come back on here in 12 months and see what you and pandamonia are saying then, or will you have a different alias then?

downs523

only about 5% of this post is actually useful info the rest is just arguments lol

Kenny4315

davilown wrote: »

Yes you're right, they are a different commodity - you make much less money on them than if you invested is 'safe' shares.

Which 'SAFE' shares are these ??

I had my little adventure in shares between the commencement of the IRAQ War and April 2007 at one of the peaks (their was another in Sept 2007), when I cashed the whole lot in. Was up just over 100%, in a I think it was 3 years. Since then think the market has fallen from around 6900 to about 4060 at the moment, although it has jumped below 4000 a few times, There is nothing in shares but loads of risk at the moment, and little return.

I like to move against the market and buy at the bottom and sell close to the top.

Kenny4315

downs523 wrote: »

only about 5% of this post is actually useful info the rest is just arguments lol

I take it that this was one of the 95%

mewbie_2

downs523 wrote: »

only about 5% of this post is actually useful info the rest is just arguments lol

That's pretty good for this board.

confused31_2

davilown wrote: »

Hi

I am a first time buyer, £32k a year, oh earns £6k a year. We owe £15k.
I'm looking for a mortgage of max £110,000 although probably only need £105,000. We have £8k from a long service advance of pay from work.
Are there any companies that would loan us the extra as a secured/unsecured loan as well?

Cheers

gotcha!!!!

This his one of davilowns post from late 2007, so if he his so good at reading the market why was he going to buy then????:rotfl:

what a complete twxt!!!!!!!!!:rotfl:

http://forums.moneysavingexpert.com/showthread.html?p=6229588#post6229588

if only you could have got the money then you would have been in a world of pooh.

:rotfl:

Kenny4315

Think it might be best to delete that thread ...... lol :rotfl: :rotfl:

confused31_2

How embarassing i dont think he will be back for a bit:rotfl:

davilown

No, as I said I looked at it and decided against it.

davilown

confused31 wrote: »

Even if they did want to sell, what would you buy it with?? the never never?

you wouldnt get a 100% mortgage now.

Im going to come back on here in 12 months and see what you and pandamonia are saying then, or will you have a different alias then?

Who said anything about a 100% mortgage? £25k deposit