Bulls & Bears -What's the difference?

IveSeenTheLight

carolt wrote: »

A bull is someone who ignores all rational commonsense evidence that points to prices falling because they are terrified of this scenario - this is why a few BTL 'investors' (like chucky claims to be), and those who bought at the peak and now desperately regret it (like Really) post so desperately on here.

As you know I'm a BTL investor, who invested in one of my properties in Jan 07. I certainly do not regret it at all, let alone desperately regret it

By your post, you would infer that I ignore rational common sense evidence that points to prices falling yet...

IveSeenTheLight wrote: »

Yes, I'm a bull who said in my vested interest area its possible to see 20% drop
http://forums.moneysavingexpert.com/showthread.html?t=898381

I'm a "bull" who said the UK average house price is 22% overvalued
http://forums.moneysavingexpert.com/showpost.html?p=11258337&postcount=35

http://forums.moneysavingexpert.com/showpost.html?p=12108113&postcount=3

http://forums.moneysavingexpert.com/showpost.html?p=11949669&postcount=13

http://forums.moneysavingexpert.com/showpost.html?p=11285059&postcount=18

I thought "bulls" think prices only ever go up (below posts show I believe they can go down)

http://forums.moneysavingexpert.com/showpost.html?p=11285059&postcount=18

http://forums.moneysavingexpert.com/showpost.html?p=6599263&postcount=9

If these all fit your sterotype of a "bull" then yes I am one.

carolt wrote: »

Oh, I forgot - bears are the intelligent ones with good jobs who know how to spell. Only the really dim ones who couldn't get proper jobs and can't spot a recession even when it jumps up and down in front of them and kicks them in the shins, are bulls.

It would be interesting to do a survey on here of highest educational achievement/profession on here of bulls v bears.

I'm not aware of a single bull who posts on here with a degree, let alone a proper job.

I think there are variedintelligence on both sides of the fence.
Sorry, but it's quite ignorant to think otherwise.

You say you don't know any bull with a degree, let alone a proper job.
Well, as you know I am an engineer posted overseas on secondment for my company partly due to my experience, knowledge and educational qualifications.
If you want to know specifically, I have an honours degree in Mechanical Engineering.

carolt wrote: »

No wonder they're desperate for a get-rich -quick scheme - they know they have no other hope.

I turned to BTL as an investment as I had seen other means of a decent future fail.
I have bought shares and found them practically worthless, I have had my final salary scheme replace with a defined contributions scheme of which I now have no gaurantee of what standard of pension this will provide in the future.

In fact, I read a report saying that in 1989 (20 years ago) a 45 year old person would have been recommended to put away £200 per month which would have secured a pension of £32,000 per year. In actual return terms, the £200 per month would now in 2009 only secure a pension of £7,000 per year.

I'm sure you understand and appreciate why this uncertainty in future pension returns justifies a reason for looking at alternative future incomes.

My BTL's are certainly not get rich quick schemes.
I've said before I take no profit at present as my business plan is to use all available funds in to reducing the debt and thus becoming mortgage free quicker.
It's definately a long term plan.

I suffer from getting frustrated at peoples generalisms or stereotyping, hence why I had stayed away from this debate until now.

I hope everyone can see past stereotyping and understand there is a wide spectrum of people out there who are "Bulls" and who are "Bears".

They are not all tarred with the same brush

ess0two

carolt wrote: »

A bull is someone who ignores all rational commonsense evidence that points to prices falling because they are terrified of this scenario - this is why a few BTL 'investors' (like chucky claims to be), and those who bought at the peak and now desperately regret it (like Really) post so desperately on here.

Bears are everyone else - if you look at any poll it's clear that the vast majority of the British public (a) think houses are currently overpriced and (b) think house prices are going to fall as a result. They also think (c) that this is a good thing.

However, being normal people, they don't feel the need to post numerous posts on the subject every day, or to attempt to bully all those who disagree - see the way this thread has typically turned into a 'let's make personal attacks on Graham Devon, and Rollerball', and now, I predict, myself.

Oh, I forgot - bears are the intelligent ones with good jobs who know how to spell. Only the really dim ones who couldn't get proper jobs and can't spot a recession even when it jumps up and down in front of them and kicks them in the shins, are bulls.

It would be interesting to do a survey on here of highest educational achievement/profession on here of bulls v bears.

I'm not aware of a single bull who posts on here with a degree, let alone a proper job.

No wonder they're desperate for a get-rich -quick scheme - they know they have no other hope.

It gets better by the day........a degree,let alone a proper job,!!!!!! has this got to do with anything.
I aint got a degree but managed to clear 60k last year,left school with normal quals,but have got a diploma in Health and Saety does that count.

pizzagirl

Really2 wrote: »

The sites lost it,

A bit like when you lost it yesterday? Watch out for those giant turnips Really2 , they're out to get you.

http://forums.moneysavingexpert.com/...html?t=1788919

"I am personally sick of it. It is like talking to a room of sensible people then an aggressive turnips run in to the room one after another."

Really2

carolt wrote: »

It would be interesting to do a survey on here of highest educational achievement/profession on here of bulls v bears.

9 GCSE's grade C and above.
Qualified Accountant
Director of a company (reporting to a times top 100 rich list owner)

Yes my spelling and English can be poor (you know the reason so your adult teacher status I find bizarre) but I did not sit back on it, it drove me forward.:)

Have a nice survey, perhaps you could have a survey on if having a degree entitles you to being more successful (eg I have a degree I deserver more, forget how hard people work)

Check out when people like Sir Alan Sugar left school and qualifications, qualifications are paper to hide behind in business, you can either do a job or you can't. sorry

What i earn is based on what I achieve not what I achieved years ago:)

Really2

pizzagirl wrote: »

A bit like when you lost it yesterday? Watch out for those giant turnips Really2 , they're out to get you.

http://forums.moneysavingexpert.com/...html?t=1788919

"I am personally sick of it. It is like talking to a room of sensible people then an aggressive turnips run in to the room one after another."

:hello:_party_ Hi Carol (turnip),
third post today the same!:rolleyes: have you got your fingers stuck to Ctrl and V?

pizzagirl

Really2 wrote: »

Yes my spelling and English can be poor

You can spell TURNIPS no problem, that's for sure. Maybe because they're always after you!

Really2

pizzagirl wrote: »

You can spell TURNIPS no problem, that's for sure. Maybe because they're always after you!

I can't wait until lunch time. You will have some deliveries to do.

System

chucky wrote: »

do you have evidence to back any of this up Graham

I quite liked the way it took HAMISH all of one post to be incorrectly accused of being an alias.

IveSeenTheLight

ess0two wrote: »

It gets better by the day........a degree,let alone a proper job,!!!!!! has this got to do with anything.
I aint got a degree but managed to clear 60k last year,left school with normal quals,but have got a diploma in Health and Saety does that count.

good point.
I don't think Sir Alan Sugar has any quals, didn't go to Sandford and it didn't stop him bloody selling computa's

Graham_Devon

Oooo, yay. are we onto the "i'm better than you, I earn x amount" posts now?

Lovely.