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Myth-Busting. Proving Bears Wrong, again.
Comments
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Thrugelmir wrote: »Don't you detect the desperation of the bulls.......
Bears don't need to be desperate. We are cash rich so can bide our time and pick off the good investment property.
All of you? A touch sweeping maybe?Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger0 -
Thrugelmir wrote: »Savers outnumber borrowers by 7 to 1.....
The debt lies with the minority.....
Most bears can't even afford the deposit :eek:'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 -
I wasn't about in the cheerleading HPI days, but I suspect a lot of them have also disappeared and are in trouble.
I wasn't either, only been around fot the cheerleading HPC days, a few of them have now disappeared as well, more is the pity, I actually miss some of them
'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 -
Thrugelmir wrote: »Don't you detect the desperation of the bulls.......
nope - sorry can't see it...Thrugelmir wrote: »Bears don't need to be desperate. We are cash rich so can bide our time and pick off the good investment property.
most probably don't have 2 pence to rub together so that's a lot of saving they're going to have to do...
it's probably why they're bearish as they're nobodies and always will be - not all of them mind you...0 -
nope - sorry can't see it...
most probably don't have 2 pence to rub together so that's a lot of saving they're going to have to do...
it's probably why they're bearish as they're nobodies and always will be - not all of them mind you...
I thought the definition of a bear was one who believed a market would fall, not necessarily one who wished it to fall.0 -
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120000 new households from immigration.Hopefully,when the tories come to power next year,they will put a stop to this madness and there will be enough affordable houses for the native population.
Don't hope too much. It was the Tories who negotiated the Treaty of Amsterdam leading to EU enlargement, the main cause of extra immigration.0 -
It was a simplistic joke as you were classing savers as bears.
It is simply not true, a bear could be in debt (graham) or a bull can be a saver (StevieJ).
How is the 7-1 figure derived? it sounds like net wealth I can not belive nearly 90% of the population do not hold any credit.
They have net worth. Mortgages taken out 15 plus years are now very small. House prices were over half of what they are now. So can afford to save if they wish.
Not everybody needs credit to survive. Thats what hits the headlines not the people that live sensibly. 2 of my friends paid of their mortgages at 42 and 44 respectively. Since then they always bought in cash. Saved the money then moved. I guess this concept is alien to many.0 -
Thrugelmir wrote: »They have net worth. Mortgages taken out 15 plus years are now very small. House prices were over half of what they are now. So can afford to save if they wish.
Not everybody needs credit to survive. Thats what hits the headlines not the people that live sensibly. 2 of my friends paid of their mortgages at 42 and 44 respectively. Since then they always bought in cash. Saved the money then moved. I guess this concept is alien to many.
What is credit anyway? I rarely pay cash except for incidentals, then again my only oustanding credit is £300 on my mortgage and whatever I owe on my credit card before I pay it off in full each month ( also pays me a nice 1 or 2% cashback).'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 -
What is credit anyway? I rarely pay cash except for incidentals, then again my only oustanding credit is £300 on my mortgage and whatever I owe on my credit card before I pay it off in full each month ( also pays me a nice 1 or 2% cashback).
Best trades are done in cash..... no audit trail. :cool:0
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