House Prices Surge 68%

geneer

wotsthat wrote: »

Maybe it demonstrates that I might not take things too seriously.

Which would no doubt suggest why you are not taken all that seriously in return.

geneer

HAMISH_MCTAVISH wrote: »

In Edinburgh no less.:D

So she sold in london and bought in Edinburgh. After a good chunk of a market crash.

And the bulls like to suggest she's made a loss.
The chances of this are unlikely.

nollag2006

IronWolf wrote: »

I have bought quite a few stocks, biggest holdings are in Amlin and Tesco.

Oh dear, Amlin down 30% and Tesco down almost 15% since mid-July.

This investment thing isn't really working out too well for you is it?

:rotfl:

nollag2006

geneer wrote: »

So she sold in london and bought in Edinburgh. After a good chunk of a market crash.

And the bulls like to suggest she's made a loss.
The chances of this are unlikely.

Fully agree.

She sold at more or less the top of the market (late 2007) and bought back in at more or less the bottom (mid 2010).

Shame other STR's didn't follow her lead and get back into the market while prices are still low.

Glad I topped up my own BTL portfolio in early 2009 - the properties rose 15% over the following 12 months

:eek:

She's a canny lass, our Merryn. I'm sure she won't lose on this.

You should grow a spine, now that you're in your late 30s. I am of the same age, and have never regretted being in the market.

IronWolf

nollag2006 wrote: »

Oh dear, Amlin down 30% and Tesco down almost 15% since mid-July.

This investment thing isn't really working out too well for you is it?

:rotfl:

Short term fluctuations dont concern me, gotta have a pair of balls to be in the stock market, probably why most choose property.

And your figures are only relevant if I bought in July this year, which I did not.

nollag2006

IronWolf wrote: »

Short term fluctuations dont concern me, gotta have a pair of balls to be in the stock market, probably why most choose property.

And your figures are only relevant if I bought in July this year, which I did not.

Indeed - property is far less risky and offers better long term rewards that the volatile stockmarket does.

Shame you weren't clever enough to sell up when the market turned so dramatically against you in such a short period of time.

Never mind, eh?

Have you considered gold? I hear its a sure thing ...

:rotfl:

robmatic

geneer wrote: »

So she sold in london and bought in Edinburgh. After a good chunk of a market crash.

And the bulls like to suggest she's made a loss.
The chances of this are unlikely.

Wouldn't she have saved a tidy amount of money if she had waited, like you're doing?

geneer

nollag2006 wrote: »

Shame other STR's didn't follow her lead and get back into the market while prices are still low.

What STRs would those be?
The same imaginary gang Hamish et al seem to despise.
For no apparent reason.

nollag2006 wrote: »

Glad I topped up my own BTL portfolio in early 2009 - the properties rose 15% over the following 12 months

I didn't ask.
Thanks for sharing. Nothing stereotypical in that. No siree.

nollag2006 wrote: »

She's a canny lass, our Merryn. I'm sure she won't lose on this.

You should grow a spine, now that you're in your late 30s. I am of the same age, and have never regretted being in the market.

Yawn. I happen to think it took a lot of bottle holding ones nerve when almost everyone else was caught up in the unthinking the "buy now before you miss the boat" hysteria.

purch

45 p !!!!!!!!! :eek:

What a !!!!ing waste of money.

IronWolf

nollag2006 wrote: »

Indeed - property is far less risky and offers better long term rewards that the volatile stockmarket does.

Shame you weren't clever enough to sell up when the market turned so dramatically against you in such a short period of time.

Never mind, eh?

Have you considered gold? I hear its a sure thing ...

:rotfl:

who said I didnt. Actually I made a lot of buys during August when the market scraped 5000. Futile to try and time the market but I buy when there's bargains around. FTSE crashing is great news for me as I can pick up loads more shares at discount prices and average down on the ones I already own.

Property has better long term rewards? Lets see, 68% over a decade vs 500% for Amlin