Iceland and the Bank of England Scandal

justpaper

Jonbvn wrote: »

Hindsight is 20/20.

like 100% mortgages ?? give it a rest,

love the Sign, speaks for it self in this matter, so how can you disagree,

Bring on the flaming i know most of you got burnt by icesave. lucky u got ur money back, happy days, wait for martin to pick something else and you can all jump on it and then when it dips and dies, you can all Blame him again, lol

silverchair

justpaper wrote: »

I dont deal with isa, just shares or forex, and i do my home work and not blame others,

And what you said its not greedy its desprate! and thats one of the things ICE save bagged on, desprate people that wanted to get "richer" i tell you who won the desperate people that kept on working un paying the OTT Rent and saving SAFE.

The simple point im making is when someone is offering you 11% for a ISA, You need to step back and think WHY - HOW the BEEP are they offering me this.

Like i did with my Mortgage as I said above. I to was paying OTT rent, i had a Mortgage set up but still didnt take it as somethings just didnt Add up, If i did take it i believe i would had that property Repossessed,

It is greedy to jump on a bandwagon to gain Highest % with out looking in to the Deals of these people,

ICE SAVE was too good to be true,

Wasnt the interest at the time about 6.10% rather than 11%

noh

silverchair wrote: »

Wasnt the interest at the time about 6.10% rather than 11%

Yep somewhere between 6 and 7%.
Similar rates were available from other providers.

Yes you are right it was 6.1%
http://www.timesonline.co.uk/tol/money/savings/article3176413.ece

http://moneyfacts.co.uk/news/savings/icesave-scores-a-hat-trick/

agsnu

And hey look, NS&I was paying 6.06% at the same time.

justpaper

silverchair wrote: »

Wasnt the interest at the time about 6.10% rather than 11%

MY mistake... Shows what i know about isa's,

But my point still stands!

People should just start / join a investment clubs, meet up in the pub and have a collective think.

Come to forex land 9% a month , who ever wants my account logs I will email you them,
dated 2008 - 2009

Jonbvn

justpaper wrote: »

like 100% mortgages ?? give it a rest,

love the Sign, speaks for it self in this matter, so how can you disagree,

Bring on the flaming i know most of you got burnt by icesave. lucky u got ur money back, happy days, wait for martin to pick something else and you can all jump on it and then when it dips and dies, you can all Blame him again, lol

Since you are obviously so clever, please post a link to any of your previous posts indicating your concern with the Icelandic banks, before they collapsed.

BTW, thanks to our Icelandic friends I've got 50k earning 7.96% ATM. :beer:

Jonbvn

justpaper wrote: »

Come to forex land 9% a month , who ever wants my account logs I will email you them,
dated 2008 - 2009

Do you wear your underpants outside your trousers?;)

apt

Jonbvn wrote: »

Since you are obviously so clever, please post a link to any of your previous posts indicating your concern with the Icelandic banks, before they collapsed.

BTW, thanks to our Icelandic friends I've got 50k earning 7.96% ATM. :beer:

So far it is not your Icelandic friends, but other British taxpayers and savers who put their money into sounder institutions who are helping to fund your 7.96% interest.

Rollinghome

Jonbvn wrote: »

Since you are obviously so clever, please post a link to any of your previous posts indicating your concern with the Icelandic banks, before they collapsed.

No idea if he did but several of us did exactly that in a very long thread and were concertedly shouted down. In the same long thread, just days before the collapse, a PR woman from Icesave was allowed to post an assurance that everything was fine.

It was a very interesting demonstration of human psychology where people seemed to believe that if enough of them huddled together chanting it was all fine then they'd all be safe. There was almost a religious fervour for the bank.

justpaper

Jonbvn wrote: »

Since you are obviously so clever, please post a link to any of your previous posts indicating your concern with the Icelandic banks, before they collapsed.

Clever .. you say ? you think a person would need to be clever? your on the wrong page, im not clever i just got my eyes open,

no i didnt, same thing happens here time and time again, you get shot down, when you go against the forums views, like whole Lloyds shares "Sell all your shares there going to die" bla bla,

and even if i did would u give 2 sticks ? ...so its pointless,

your 50k could be doing better then that, but if your happy with it be happy with it,

For some reason you have taken my comments to heart, as if i was talking on a 1 to 1 with you. I am not.

Im simply saying people should do their own homework, and be happy with the investment they plan on doing, so if it happens to die they dont come running back on here blaming martin,