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Are we today witnessing the most blatant insider trading of bank shares ever?

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Comments

  • Opinions4u..thx for this valuable info..this an area I have just brushed on..but will look into this..but I am becoming so risk adverse these days and my nerves these days cannot go through the saga of managing my pension pot, like my life depended on it..which it did..
    Have you any other ideas where and with whom I can invest to make money without taking on too much risk..
  • brasso
    brasso Posts: 799 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    opinions4u wrote: »
    Well a bog standard FTSE tracker will have made around 10% in the last month.

    Yes, and the same "bog standard FTSE tracker" would lose 50% of your pension fund next month if the FTSE drops 50% next month.

    How easy it is to be a retrospective investor.
    "I don't mind if a chap talks rot. But I really must draw the line at utter rot." - PG Wodehouse
  • brasso
    brasso Posts: 799 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    edited 29 October 2011 at 10:27PM
    PS brasso - the City exists for the benefit of those that work in it. Period.

    "Period"?

    You sound a bit like my teenage nephew who emailed me last weekend to say that "Fulham are the greatest football club in England. FACT."

    And this from someone calling themselves: "2sides2everystory". Oh god - the irony.

    Look, you're just yet another anonymous 'bloke on the Internet' making a pronouncement about something way beyond your experience.

    Good day, Sir.

    :wave:
    "I don't mind if a chap talks rot. But I really must draw the line at utter rot." - PG Wodehouse
  • JuicyJesus
    JuicyJesus Posts: 3,832 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Oh dear, is 2sides2everystory saying stupid things again? I haven't read all of his posts because frankly I'd rather hammer an iron bolt through my genitalia. Could someone just summarise if he's said anything as laughable/offensive as, say, likening me to a Nazi participating in the "final solution" for advocating a phase-out of cheques? You know, like he did last time?

    Aegis is right, by the way.
    urs sinserly,
    ~~joosy jeezus~~
  • qpop
    qpop Posts: 555 Forumite
    JuicyJesus - to summarise:

    Some paranoid conspiracy theory about "The City" and "The Bankers".
    States doesn't need facts
    Rambling on for a bit
    Offence at peoples dismissal
    Accusations of people being unable to work out compound interest
    Discussion about compound interest
    More paranoid rambling about "The City"

    Can we just let this thread die (I was about to say gracefully, but sadly that'll never happen)
    I am an IFA, but nothing I say on this forum constitutes financial advice. Always draw your own conclusions and always do your own research.
  • JuicyJesus
    JuicyJesus Posts: 3,832 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    qpop wrote: »
    JuicyJesus - to summarise:

    Some paranoid conspiracy theory about "The City" and "The Bankers".
    States doesn't need facts
    Rambling on for a bit
    Offence at peoples dismissal
    Accusations of people being unable to work out compound interest
    Discussion about compound interest
    More paranoid rambling about "The City"

    Can we just let this thread die (I was about to say gracefully, but sadly that'll never happen)

    I think we need to take it back to the future...
    urs sinserly,
    ~~joosy jeezus~~
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    edited 30 October 2011 at 6:49AM
    brasso wrote: »
    Yes, and the same "bog standard FTSE tracker" would lose 50% of your pension fund next month if the FTSE drops 50% next month.

    How easy it is to be a retrospective investor.
    Do you really think that I needed be told that?

    My reply was to a post that says "there's no money to be made" when clearly people have just had a great opportunity to make money. Equally clear to that poster were the risks of stock market investment.

    I referenced charts which highlight not just the ups, but also the downs of the stock market.

    It's patently obvious that people can lose money with stock market investment. It's equally obvious that you can also make money and, despite uncertain times, many have done exactly that.

    That's all I was trying to bring out.
  • I see the rabble mob dynamic surfaced again yesterday.

    Apologies to normal MSE'ers for the scene. I seem to attract a particularly nasty form of vitriol from certain flat earth types.
  • opinions4u wrote: »
    It's patently obvious that people can lose money with stock market investment. It's equally obvious that you can also make money and, despite uncertain times, many have done exactly that.

    That's all I was trying to bring out.
    That second stanza in the second sentence (my bold) seems surplus to requirements if balanced commentary is the aim.
  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    Insider trading is not a healthy activity. You get a lot more fresh air at outdoor markets.
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



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