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If you sold your house in 2008 and bought Garlic you could now buy 30 similar houses

245

Comments

  • halight
    halight Posts: 3,629 Forumite
    Part of the Furniture Combo Breaker
    Dose anyone know how much the price of copper has gone up? Iv got a load of copper coins in a big jar.
    I read a few years ago that the copper price was far more then the face value of the coins that we had in our pocket ....
    :jYou can have everything you wont in lfe, If you only help enough other people to get what they wont.:j
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Silverbull wrote: »
    Yes Hamish maths leave a lot to be desired.

    Really2 also said spuds would be a better investment than silver.

    You go ahead and invest in veg if you want but know this, you are missing one important point -

    "If you sold your house in 2008 and bought Garlic you could now buy 30 similar houses"

    No you couldnt they would have gone off by now and have to be thrown away.

    You need something that is a store of value.

    Also veg are in plentiful supply, silver is more rare than gold.

    I think you might have just missed the sense of irony in Hamish's thread.
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    Silverbull wrote: »
    silver is more rare than gold.

    :rotfl:

    Nuff said
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Silverbull wrote: »
    You go ahead and invest in veg if you want but know this, you are missing one important point -

    "If you sold your house in 2008 and bought Garlic you could now buy 30 similar houses"

    No you couldnt they would have gone off by now and have to be thrown away.

    I simply invested in the Artemis Strategic High Income Garlic (Retail) Acc Fund.
  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    I was looking for an acronym there.

    Disappointed.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Silverbull wrote: »
    Yes Hamish maths leave a lot to be desired.

    We don't need maths, or logic, or common sense, when we have a blind belief in the magical powers of our little stinky moneymaking friend, garlic....

    All hail the mighty garlic bulb, destroyer of ponzi currency, true store of wealth, and slayer of silver.
    “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”
  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    I think a lot of investors have been stung by this, and are simply walking away from sub-prime garlic. Many traditional British banks still won't touch it.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Joeskeppi wrote: »
    I was looking for an acronym there.

    Garlic Asset Structured Holdings

    Garlic Unlimited Fidelity Fund
    “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”
  • I think a lot of investors have been stung by this, and are simply walking away from sub-prime garlic. Many traditional British banks still won't touch it.

    It started in Italy......

    And still leaves a bad taste in british bankers mouths.
    “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”
  • Hamish knows what he is talking about, he will be proved right sooner than you think.

    Let everyone remember what Hamish said "Gold and silver are going to crash soon 100% guaranteed" and appologise to him when he will be proved right very soon.

    You are far better off investing in garlic or any nice round vegetables for that matter!
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