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Debate House Prices
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Housebuilder shares - Runts of the litter
Comments
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Are you just not selecting the time frame also?
Surely for any investor it is why and when you invested.
I kept tabs on TW since sept 2008. But of casue they would look dire over 3 or 5 years that is mid housing boom.
Yes, but try almost any comparison.
The only time they have been good is the period in which it looked like they may go to the wall. Good gamble for those that took it.
If you took the performance of FTSE 250 vs housebuilders at 1 day, 2 days, 3 days.... 400 days, 401 days... 650 days, 651 days etc etc.
How many of those time periods would it have been a good buy? Apart from the few months where they may have gone to the wall, not many days.
If you had to put £1 every day for the last 5 years in to either the FTSE 250 or the housebuilders, which would you choose?0 -
house builders are a cyclical stock... does that answer the question...0
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ooohh - Hamish was right that you were trattled.
What is trattled?you even started your own thread...
I start maybe 1 a month, others need their 5 a day.there was no objection on Hamish's thread becuase he did say that the market liked the housebuilder's shares due to the budget (Fact)
He also stated this wasn't good news for the crashaholics - the suggestion being that the markets have some sort of positive sentiment towards the housing market.
Your issue with my thread is that I have stated it isn't a vote of confidence in the house building market. How is that different to the above, just in the opposite direction?and not comparing it to the FTSE250 liek you've done it in your selective time-frame.
Try all the time perids you want. Apart from when it looked like they were going bust, they haven't been a good buy.i actually thought that you knew your stuff but you're turning out to be like another mug punter. it's shame really.
Mug punter because I make the point that housebuilding shares have underperformed their index?0 -
that was a long post, i got bored half way - keep up the anti-Hamish routine but you're better than that btw.
following another user around a forum trying to score your forum points isn't really the way forward. you're better and more intelligent than that.0 -
that was a long post, i got bored half way - keep up the anti-Hamish routine but you're better than that btw.
Hamish posts some interesting stuff and certainly keeps debate going. But imo, he then spoils it with such rubbish threads. It really does feel like unless their are 5 thread titles with positive outlook on house prices he isn't happy and must post something.following another user around a forum trying to score your forum points isn't really the way forward. you're better and more intelligent than that.
I'm not sure who I have followed round, I started posting in Hamish's thread, but then decided I actually wanted a thread title to sit next to his to bring some balance to the thread titles page too.
I have then only posted in here in reply to others. If nobody posted, this would probably have already dropped off the bottom.0 -
you must be on drugs or something. taylor wimpey shares were £3.74 three years ago. Now theyre £0.32. how is this a good investment?They were 4p because that is what they were traded at so your comment no one purchased them was foolish.
If no one had purchased at 4p they would not be 4p.
.
and stop picking a selective timeframe. the reality is most people holding their shares over the last number of years have lost bigtime as evidenced by the decimation of their shareprice.0 -
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Dirk_Rambo wrote: »you must be on drugs or something. taylor wimpey shares were £3.74 three years ago. Now theyre £0.32. how is this a good investment?
Did I state that is a good inestment?
I stated 4p to 32p is.0 -
Dirk_Rambo wrote: »Im not ramping silver. im just mentioning that i followed MrEnglish's excellent advice and invested in silver. now me and his many followers are in clover. i suggest you fill yer boots before its too late.
http://forums.moneysavingexpert.com/showpost.html?p=33379649&postcount=9
http://forums.moneysavingexpert.com/showpost.html?p=33386367&postcount=10Dirk_Rambo wrote: »Hi, you seem very knowledgeable on this subject. I'm really keen on starting to collect precious metals like gold and silver as I really don't want to miss this historic opportunity. In your expert opinion where would the best starting place be for a novice like me. thanksIt doesnt matter if you are novice or expert, prices are the same.
Im not going to give one company because I get accused of all sorts of things.
If you search you will find prices are about the same at all the dealers. At the time of writing the paper price (spot) of silver is about 12.50 oz. But if you want real silver not fools silver (paper promise) the price is about 15 plus VAT.
If you buy or sell silver in the private market (Ebay/gumtree local paper etc) prices are nearer to 20 oz for well recognised bullion like Maple leafs but there is no VAT in the private market.
It was RDB you were "advised from " but perhaps that was just one to many sockpupets.:rotfl:0 -
I stated 4p to 32p is.
If the shares drop from £3.74 to only 32 pence i think its safe to assume that the vast majority of people lost money rather than gained money as you seem to be suggesting. you continually mention one fictional person who bought a load of shares at rock bottom and make out it was a good thing. what about all the people who bought at 2 or 3 quid and now have shares worth only 32 pence?0
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