Debate House Prices


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54.3p

13»

Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    fatbeetle wrote: »
    Bit the bullet, sent the cash.

    Prepare for the pound to plummet in value now :D

    Trying to predict future FX values is a mugs game.
  • zagubov
    zagubov Posts: 17,938 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 21 April 2016 at 9:01AM
    You can hedge the meteorite by going short on whatever its made of. Several mil!ion tonnes of nickel landing on earth should reduce the price of galvanised steel considerably

    NIckel? :eek:
    I can see the Mail headline. Cancer-causing meteorite crashes into, crushes, and vaporises cancer hospital.
    There is no honour to be had in not knowing a thing that can be known - Danny Baker
  • fatbeetle
    fatbeetle Posts: 570 Forumite
    Ninth Anniversary 500 Posts I've been Money Tipped!
    Generali wrote: »
    Prepare for the pound to plummet in value now :D

    .

    Not even going to look mate!!!
    “If you trust in yourself, and believe in your dreams, and follow your star. . . you'll still get beaten by people who spent their time working hard and learning things and who weren't so lazy.”
  • HornetSaver
    HornetSaver Posts: 3,732 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Combo Breaker
    (have read the OP's comment about already having sent the money)

    But I don't think there was ever really a dilemma. If debt wasn't a factor then trying to time it right might have been a worthwhile exercise. Given that there was debt involved, the only point I could see in delaying is if you thought there was going to be a run on the pound in the coming months.

    Could you have made more money waiting for the right moment? Almost definitely. But you almost definitely would have missed the opportunity, believing there would have been an even better moment.
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