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Debate House Prices


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Banks

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I might be wrong but I thought 6.2% was the tops HBOS went to for 4 years.

    Still not bad.

    Personally can't see much upside with BB. I'll sell mine if they make 130


    http://www.marketoracle.co.uk/Article3277.html

    1 year fix 6.10%, 3 year 6.20%, 4year 6.5%- Good for transfers into.
    '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 Thatcher
  • blimmin' heck. I haven't been watching the market today and so missed this. My LLoyds shares have taken a beating, though my RBS have only dropped a bit. I bought £1000 worth of Medicsight (http://www.lse.co.uk/SharePrice.asp?SharePrice=mdst) yesterday at 9p a share (got 10,889 shares!). I'm currently £300 odd quid up today. Yay! Capitalism is great. Bring it on!!! :)
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I have my nice, safe BP shares. Got 202 for a grand, not bad. Up on my capital and my yield is looking pretty damn good too. Why stress yourself out with bank shares?!
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • StevieJ wrote: »
    http://www.marketoracle.co.uk/Article3277.html

    1 year fix 6.10%, 3 year 6.20%, 4year 6.5%- Good for transfers into.


    Well done - I missed that one.

    I got a few years-worth in the 6.2% one, 4 years from May 2008 - May 2012. Nice.
  • QTPie
    QTPie Posts: 1,373 Forumite
    Time to kill myself for buying some Lloyds/Barclays and RBS shares on Monday then! :rolleyes:

    Oh well, hopefully LONGER term (5+ years) they will EVENTUALLY pick up...

    QT
  • luvpump
    luvpump Posts: 1,621 Forumite
    Part of the Furniture Combo Breaker
  • Government aren't pointing the finger at those nasty shortsellers any more now all these creepy crawlies are coming out of the woodwork.
    Maybe shortsellers should be running the country - they seem to have more idea as to what's going on.
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite


    If Lloyds really was one of the few solvent and sound banks before this crisis hit, they could probably have made a killing on the strength of their own business and cherrypicked the best parts of HBOS when the government nationalised them, leaving the taxpayer with the toxic rump.

    Now looks like their own bank could well get completely nationalised and the shareholders wiped out.
    --
    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.
  • QTPie wrote: »
    Time to kill myself for buying some Lloyds/Barclays and RBS shares on Monday then! :rolleyes:

    Oh well, hopefully LONGER term (5+ years) they will EVENTUALLY pick up...

    QT

    I've bought in again at 65p, I'm reducing my average nicely. When the credit crunch ends and Banks start working again, there will only be four big ones left and I'll have bought shares in all of them at rock bottom prices.

    Some people sit in fear of the sky falling in, putting their money in a shoe box and talking about hoarding food, other people see opportunities in turmoil and take advantage. I guess everyone needs to decide which type of person they are.

    Bank shares might go down again over the short-term, but in 5 years time when all this is history, we'll be sitting on shares in one of Europe's largest banks.
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • halight
    halight Posts: 3,629 Forumite
    Part of the Furniture Combo Breaker
    Well thats some more of my money down the drain!!!!!!!!

    Im hopeing in 5 years plus ill have some good returns from my lloyds shaers!

    But it looks like a bumpy ride
    :jYou can have everything you wont in lfe, If you only help enough other people to get what they wont.:j
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