Moneyweek's MS-W on why she decided to buy

Exocet

I guess Merryn is the bulls version of Kirsty to the bears. Although I don't remember seeing her property program. Was it on Five? I don't get such a good reception on Five, so maybe I missed it. I can get Kirsty's program quite clearly, but then I never watch it.

I do enjoy Come Dine with Me though.

StevieJ

Exocet wrote: »

I guess Merryn is the bulls version of Kirsty to the bears. Although I don't remember seeing her property program. Was it on Five? I don't get such a good reception on Five, so maybe I missed it. I can get Kirsty's program quite clearly, but then I never watch it.

I do enjoy Come Dine with Me though.

I doubt if she will get a good reception on HPC

Exocet

I realise now this is a sad time for all concerned so I have put pen to paper.

Oh Merryn
Even though you look like a herrin'
and you've gone and done a Reggie Perrin
(when he came back and changed)
I had hoped to be the Welsh rarebit to your Lea and Perrins
And now I'm not.

XOCet (7 and 3/4)

RDB

This thread just gets better and better.

She has said a few times how she has been heavily bashed for buying when she feels the bottom is a long way off. I wonder if she reads these forums?

The thing is moneyweek is not just MSW they have a bunch of analysts who all seem to think house prices are now in a bear market and gold and silver are in a bull market.

They don't always agree when they have the round table discussion. Or when they print articles from other places or interview other top people in the world.

I am pleased I followed their strong recommendation to buy into Japan just before the thriving of the Yen. Moneyweek were spot on saying these Japanese shares were cheap but you will do really well with the currency. When they said this the Yen was around 250 for 1 pound now its 150:1.

I read many different newsletters and subscription websites and its good to compare.

Moneyweek have been right about gold which has gone up 3x and silver which has doubled last 5yrs or so since they recommended them. I believe moneyweek when they say precious metals have a long way to go up from here.

With house price fundamentals they have always been right, know one expected rates to be so cut and stay down for so long.

How can anyone disagree with moneyweeks house price fundamentals now?

chucky

RDB wrote: »

Moneyweek were spot on

do you mean like here on June 25th?

This chart says sell out of the FTSE 100 now

http://www.moneyweek.com/blog/this-chart-says-sell-out-of-the-ftse-100-now-00208.aspx
FTSE 100 is higher now than it was then and hasn't crashed... i guess Moneyweek were consistent in getting it completely wrong [again]

RDB wrote: »

How can anyone disagree with moneyweeks house price fundamentals now?

quite easily actually... do you mean like this article from Mar 11, 2009.

UK house prices will plummet: look at this scary chart.

17 months later and no crash... oh dear...
http://www.moneyweek.com/investments/property/uk-house-prices-will-plummet-look-at-this-scary-chart-14664.aspx
looks like Moneyweek got it wrong [again] especially linking to that chart that has been discredited too many times...

Llubrevlis

We will see if house prices and the FTSE do go down then they will be proved right.

Personally I think things are looking that way.

If this 'recovery' is real and the FTSE and house prices do go up even more then chucky will be proved right.

I know who I would bet on being proved right in the long run.

RDB

Back in 2001 she was bullish about house prices, and she was right

http://www.theratandmouse.co.uk/weblog/archives/2010/07/the_rat_and_mou_14.html

MSW now says "The market is very overvalued indeed. Look at any historical measure of house price and that is totally obvious. The only question is when prices start their next lurch downwards. Over the last year the indicies have been held up by low interest rates allowing lack of supply. There have been fewer forced sellers than one might have expected. But now supply is increasing fast. Ask any honest estate agent and he’ll tell you he’s very busy: he is taking a lot of instructions but not doing much in the way of viewings. And with credit still very hard to come by it is hard to see how prices can’t fall. If the crunch has taught the property world anything it is surely that the price of a house is not defined by how mnay people would fancy living in it but how many people can raise the finance to buy it."


She was one of the few how predicted the house price crash of 2007.

Moneyweek have always said house prices are over valued and 'that' chart they often use has been right so far.

They were correct from 2001 to the top in 07 then the small fall to bull trap we just experienced.

Time will tell what happens from here.

StevieJ

RDB wrote: »

Moneyweek have always said house prices are over valued and 'that' chart they often use has been right so far.

They were correct from 2001 to the top in 07 then the small fall to bull trap we just experienced.

Time will tell what happens from here.

Not what Kenny66 footer says, although it does refer to US.

US housing: it's not a bubble

Moneyweek, December 2005

chucky

Llubrevlis wrote: »

We will see if house prices and the FTSE do go down then they will be proved right.

Personally I think things are looking that way.

If this 'recovery' is real and the FTSE and house prices do go up even more then chucky will be proved right.

I know who I would bet on being proved right in the long run.

i am right because Moneyweek was telling us to sell anything on the FTSE because it was about to crash, not now but it was about to crash that next week - we're nearly two months later and still no crash....

RDB

If someone tries to predict a price and a time they will almost certainly be wrong.

I think the Moneyweek analysts have always said house price are going to fall soon, but gov intervention has propt them up for now. They have never given a specific time frame because no one can. All they can do is interpret the fundamentals which clearly show house prices will fall.