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'We lost everything gambling on shares'
Comments
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We are not talking about a "simple share deal account", but it is possible to lose everything even using one of those if you behave like a compulsive gambler.
When you take the decision to become a DIY investor, you take the responsibility for making sure you understand what you are doing. If you fail to take that responsibility, ultimately you only have yourself to blame.
We ARE talking about a simple share deal account .Yes you can lose what you put in IF things go wrong ,but you would not lose 40k if you ONLY have 10k in you,r portfolio .0 -
Rules have been put in place to protect financially illiterate clients from the power of the brokers!
Or you are not aware that online platform monitor clients' trading using an additional interface not visible to clients. (same as CFD and Forex). Buying share online means the broker is the ultimate owner and will use that to its advantage.0 -
The troll here is you
atush has been making valuable contributions to this forum all the while.
I entirely agree with atush: we should stop feeding the trolls, and I will0 -
Unbelievable how none of the posts questioned any of the information shared, How is it possible that posts seem to be only interested in making insults? This is not a children's blog and educated adults address to other people with respect. I also wonder why some of the posts show so much anger?
The ramification behind this events as yet to become public.
Responding to "masonic", the client NEVER wanted to became a DIY investor. Just called Barclays to buy some share on a certificated account and was advised to open the account, as the operator said, it was the same as the certificated account, but cheaper commissions, much cheaper. The client had never used a computer before. Once the account's sale was complete, one member of Barclay' staff said to the other "YOU MUST BE GOOD" (..at selling disguised high leverage accounts..)
Not a single post has made an educated comment about why an account that has been given to clients with any sort of experience, for 5 years, was moved to the high risks investment.0 -
Well maybe because they sound like the posts of a child? and we read all the news reports at the time? And I have had an acct there for decades and never was enticed to lose all my money?
I am sure there were educated comments in the first two pages.
None of the postings by the op in the last 4 or more pages has even been legible much less understandable.0 -
None of the postings by the op in the last 4 or more pages has even been legible much less understandable.broke4good wrote: »The ramification behind this events as yet to become public.0
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Whatever happened won't be resolved here. That much should be clear, trolls or no trolls, so why keep on posting infamatory rants?'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0
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So simple,it took 16 months to be dealt with by the ombudsman .Now simple would be for the ombudsman to say ,well there is no case here, you invested you lost end of .
And the winner is ? David Atkins that for 8 months collected enough evidence, to get a job at Barclay's Wealth .Why because he could do more damage to Barclay's Stockbrokers than that two put together .
As for the nasty comments ,this is NOT DONE OUT OF SYMPATHY for Barclay's but to defend their back yard ,as we know the markets are full of dishonest peoples who sole interest, is bending ,and abuse the rules to make a living,rotten immoral's .
But as Great Country as it is ,this is only a handful of individual's, who slowly slowly will be eliminated.Long live DAN HYDE to print the Story as it was ,and god bless him .0
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