Rightmove December, down as expected.

Harry_Powell

HAMISH_MCTAVISH wrote: »

I actually cannot believe someone on MSE is moaning about me being responsible enough have an emergency fund of 12 months joint income.

Seriously folks, this is bizarre.

1) Why would I have less of a fund? What sense would it make?

2) I am paying less in mortgage interest than I get in savings..... But even if I wasn't, I'd still keep a large cash buffer for emergencies. The difference would make it worth it for peace of mind alone.



You know what Harry, I almost never do this on MSE, but you are a complete ar5ehole. An utter pr1ck. My father died after a debillitating 7 year illness, requiring 24 hour care for the last few years. All paid for privaetely, I may add, because if it had been NHS he'd never have survived that long. I'd rather ensure my wife has access to a lot of cash, because you never know what will happen.

You can never have too much money in an Emergency fund.

Never.

Oh dear, looks like someone has been caught in a lie and now they're trying to bluster their way out of it and using emotive language to try and 'shame' their opponent. So much for you 'enjoying an argument'. It seems you throw your toys out of the pram when you're on the losing end of one. :rolleyes:

p.s. have you ever heard of INSURANCE?

HAMISH_MCTAVISH

Harry_Powell wrote: »

Oh dear, looks like someone has been caught in a lie and now they're trying to bluster their way out of it and using emotive language to try and 'shame' their opponent. So much for you 'enjoying an argument'. It seems you throw your toys out of the pram when you're on the losing end of one. :rolleyes:

p.s. have you ever heard of INSURANCE?

I have argued with hundreds of people on here, and this is the first time I've got genuinely angry with anyone.

The fact that you don't even have the decency to admit you are wrong, and that people can have good reason for keeping large amounts of cash savings, just shows what an immature pr1ck you really are.

We have insurance. It wouldn't cover everything.

You keep ignoring every point made, and instead focus on personal attacks.

Seriously, I'm not giving you the balance of my bank account, I'm not telling you which fund my pension is in, and I'm not going to spend any more time dealing with an obnoxious little troll who refuses to debate the points at hand.

Once again......

Why shouldn't I keep a large emergency fund?

Why should I pay off the mortgage when the savings earn mroe thanI spend in mortgage interest?

With a mortgage of around 150K, and savings of around 100K, which is better, low interest rates or high ones?

If I wanted to talk up the housing market, would I not pick a forum with more than 30 posters?

For that matter, how can posting on any forum, here, hpc, etc possibly impact a housing market with nearly 60,000 mortgage approvals, and almost 90,000 transactions per month?

Are you deluded enough to think your posts here or on hpc make the slightest bit of difference to the market?

Why would I want to argue with people about savings products? Surely those boards are for advice, not debate?

If you want to debate the issues, do so. If you can't, because you have no answers, then continue with the personal attacks and you can join nearlynew on the ignore list.

nearlynew

HAMISH_MCTAVISH wrote: »

..................... continue with the personal attacks and you can join nearlynew on the ignore list.

You have been warned Harry............


Don't mess with McTittish or he'll ignore you.


:rotfl:

adr0ck

In the balance of fairness

Harry can you please advise us of the following

Who you work for
How much your paid
Who your partner works for
How much she/he is paid
How big your pension is
Who's it with
Are you contracted in/out
How much money do you have available for immediate spend
How much is in your wallet
What loans credit cards you have
Whats the balance on these
Whats your address
Bank account details
etc etc etc

Graham_Devon

Oooo, this got pretty personal!

Sounds like the occasion has cropped up for a new handbag...

DaddyBear

HAMISH_MCTAVISH wrote: »

If I wanted to talk up the housing market, would I not pick a forum with more than 30 posters?

You tried, unfortunately for you, HPC recognised that you were a troll and gave you the boot.

HAMISH_MCTAVISH wrote: »

For that matter, how can posting on any forum, here, hpc, etc possibly impact a housing market with nearly 60,000 mortgage approvals, and almost 90,000 transactions per month?

I suggest you heed your own advice.

HammerSmashedFace

StevieJ wrote: »

I still can't believe that you have just bought a property

Stevie, if you knew my circumstances, it would become crystal clear why I couldn't care less about the value of the house I live, nor what it has cost me, it was complete no brainer.

Just because I've bought (and when I say I 'bought' I mean bought, not borrowed), why shouldn't I want prices to fall. I am a realist, I surely don't have to explain again why I believe infinite growth in a finite world is utterly unsustainable do I ?

House prices for people who have to borrow are way too high, they have caused the current castastrophe here and around the world, so why the hell do we want to see this absurd pyramid scheme continue ?

Cap prices to wage inflation with these obvious tools- LTV caps, multiple caps and 80% capital gains tax on BTL. Sacrifice the dumbasses who have over-leveraged or MEWed in the last 10 years for the benefit of our children and their children and society in general.

tommy75

While I disagree with everything 'Hamish Mctavish' is, you can't blame everyone for the opportunities presented by Labour of magic money in the BTL world. If a business opportunity came where you could nearly quadruple your money in 10 years who would turn it down? From what I can gather, this particular 'Hamish Mctavish' on MSE got into the magic money scheme at or near peak & this is why I overlook alot of the threads he produces on MSE because I know he is a pretty desperate HPI troll although I find a few quite interesting and informative.
My gut feeling is that houses will either come down a substantial amount over the next 2 years and living standards will be pretty terrible in this country for quite alot of generations to come or our country will default on its debt along with USA, Spain, Italy, etc etc and I don't want to think about how bad it may get after that because buying houses will be the last thing on peoples minds..

HammerSmashedFace wrote: »

House prices for people who have to borrow are way too high, they have caused the current castastrophe here and around the world, so why the hell do we want to see this absurd pyramid scheme continue ?

Cap prices to wage inflation with these obvious tools- LTV caps, multiple caps and 80% capital gains tax on BTL. Sacrifice the dumbasses who have over-leveraged or MEWed in the last 10 years for the benefit of our children and their children and society in general.

Most honest and sensible people I think would agree with this regardless their circumstances. It's a shame there is so much unhealthy greed and corruption in our society today.

Mr.Brown_4

I tend to avoid these sort of threads because it can get heated, and unfortunately people can get banned as a consequence. As an observation though I think the tone of the 'debate' indicates an interesting point in the never ending story of HPI. Is it a turning point? Is it back to monthly falls? Or maybe not. Whatever the case - there are clearly some nerves jangling on both sides.

To put it another way if I may. For several months the bears have been in the woods, doing what bears are renowned for. A number of bulls have become very confident and taken to entering the woods and taunting the bears. What the bulls failed to realise is that there are a LOT of bears, sitting quietly, waiting their time, and a little snippet like this is enough to give them hope that after the strange summer hibernation there may still be some economic laws that hold true. Namely, after a bubble built on dodgy credit there is only one way prices are heading.

chucky

Mr.Brown wrote: »

I tend to avoid these sort of threads because it can get heated, and unfortunately people can get banned as a consequence. As an observation though I think the tone of the 'debate' indicates an interesting point in the never ending story of HPI. Is it a turning point? Is it back to monthly falls? Or maybe not. Whatever the case - there are clearly some nerves jangling on both sides.

To put it another way if I may. For several months the bears have been in the woods, doing what bears are renowned for. A number of bulls have become very confident and taken to entering the woods and taunting the bears. What the bulls failed to realise is that there are a LOT of bears, sitting quietly, waiting their time, and a little snippet like this is enough to give them hope that after the strange summer hibernation there may still be some economic laws that hold true. Namely, after a bubble built on dodgy credit there is only one way prices are heading.

great post Mewbie - t'is a very good point :money:

don't forget 200 posts... :T