We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
IFA recommends switch to Metlife
Comments
-
Depends just when they were interested in investing a lump sum. Those in late 2008 through say the middle of 2010 could have done quite well with equities.
Well, my daughter's uni fees are still well covered by the equities I bought for her in 2008 for less than the price of a well used Ford Fiesta.
Of course, if I could hit the bullseye like that every time, I'd be lying on a beach somewhere.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Indeed. Well done! Sometimes you just can't beat market timing for generating returns. In spite of what theorists might say about the subject. Presumably that it wasn't an efficient market at the time.0
-
Indeed. Well done! Sometimes you just can't beat market timing for generating returns. In spite of what theorists might say about the subject. Presumably that it wasn't an efficient market at the time.
Yup, no-one wanted to hold anything, particularly not technology companies that specialised in areas as speculative as smartphones. Of course, since then ...
However, let us not forget the 44th rule of acquisition, "Never confuse wisdom with luck."I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Heh, true. Though it wasn't only luck that caused me to make £1700 or so in my first spread betting use on Thursday...:) But cases where the situation is as good as that aren't that common. Fortunately.gadgetmind wrote: »However, let us not forget the 44th rule of acquisition, "Never confuse wisdom with luck."0 -
Though it wasn't only luck that caused me to make £1700 or so in my first spread betting use on Thursday
£1700 in a day is pretty good - some people don't make that in a week!
No, particularly if you have a LTBH approach, which I do, and probably always will.But cases where the situation is as good as that aren't that common. Fortunately.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards