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Bloomberg: Rates to stay at 0.5% for years, House Prices to Rise

13

Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Exocet wrote: »
    Of course it did.

    So back to rising house prices.....:D
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Exocet wrote: »
    Surely most people with a mixture of pension and equity ISA's have some exposure to BP shares?
    if you had diversified correctly you wouldn't have lost 50% in value on your BP shares that dropped to £3 from £6.50... that's over a 50% drop - have you seen that in property yet?
  • brit1234
    brit1234 Posts: 5,385 Forumite
    brit1234 wrote: »
    Ok the count is ONE (1) for the Hamish Centre for Economics and Business Research (CEBR) repost counter.

    Expect many more threads being started by Hamish on the same information. Our team will be counting in their Aberdeen bunker.

    Last CEBR news report led to Hamish creating 4,562 separate threads on same subject. Lets hope he can beat it this time before all of Aberdeen is plunged into negative equity.

    https://forums.moneysavingexpert.com/discussion/2632165

    The count is TWO (2) for the Hamish Centre for Economics and Business Research (CEBR) repost counter. He has started two threads now with the CEBR material already posted by someone else.

    Looks like he just can't help posting the same CEBR story time and time again. Will it the be the Halifax figures on Thursday be the only thing to silence him repeating this same story.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    So back to rising house prices.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • chucknorris
    chucknorris Posts: 10,795 Forumite
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    edited 3 August 2010 at 4:56AM
    Exocet wrote: »
    Of course you did.

    It's a natural thing to do, unfortunately I did it with BT and just ended up losing more money, and lets not even mention railtrack or kingston communications. The days of me investing in individual shares are over. But I can well believe chucky would have averaged out, it's not uncommon.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    It's a natural thing to do, unfortunately I did it with BT and just ended up losing more money, and lets not even mention railtrack or kingston communications. The days of me investing in individual shares are over. But I can well believe chucky would have averaged out, it's not uncommon.

    I was very lucky, I had quite a few BP and Shell and sold the BP and Shell at the end of the last tax year (crystalise gains for CGT) I filled my cash ISA and moved the rest back into Shell icon7.gif Better to be lucky than good.
    I sold BP last week at 630, I going to increase my Shell stake, just waiting to see if we are having a correction.


    https://forums.moneysavingexpert.com/discussion/1627083
    '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 Thatcher
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    StevieJ wrote: »
    I was very lucky, I had quite a few BP and Shell and sold the BP and Shell at the end of the last tax year (crystalise gains for CGT) I filled my cash ISA and moved the rest back into Shell icon7.gif Better to be lucky than good.




    https://forums.moneysavingexpert.com/discussion/1627083


    My luck was that I just dabbled with a few thousand rather than invested a lot. Plus I was able to claim the loss against other capital gains.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Housing beats stocks and shares over the long term every time.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Exocet
    Exocet Posts: 744 Forumite
    Housing beats stocks and shares over the long term every time.
    That surely must be untrue? Are you saying that at every point in time over the last two hundred years house price gains have been better than stock market? So if you take any ten, twenty or fifty year period during that time house prices have outperformed shares?

    Sounds like rubbish to me Hamish.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Exocet wrote: »

    Sounds like rubbish to me Hamish.

    Quite probably, but thanks for bumping the thread.:D
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
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