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Is this buyers remorse?

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  • Davesnave
    Davesnave Posts: 34,741 Forumite
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    Crashy_Time wrote: »
    That sentence alone means that you should never ever be giving financial advice to anyone, ever. You eventually got your money back though didn`t you, or most of it? I don`t think recent borrowers into this property bubble will be so lucky:(
    I didn't say I had all of my money in those banks. I spread it around, as I was advised to do by this site, among others.

    I lost nothing. I got out of Kaupthing in time. Icesave took longer.

    Because I may have once made an error, I am, apparently, damned for all time from exercising judgement. Well then, that's me and the vast bulk of human society who can't live up to your high standards.

    What drivel!
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
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    Davesnave wrote: »
    I didn't say I had all of my money in those banks. I spread it around, as I was advised to do by this site, among others.

    I lost nothing. I got out of Kaupthing in time. Icesave took longer.

    Because I may have once made an error, I am, apparently, damned for all time from exercising judgement. Well then, that's me and the vast bulk of human society who can't live up to your high standards.

    What drivel!


    Ok fair enough, but the example of two dodgy banks going under isn`t really relevant to whether or not putting money into a property bubble is more sensible than accepting that the chances of not getting your money back from NS&I, Vanguard, UK/German/US bonds etc. is pretty much zero. As you say diversifying it around is prudent, but all on property (as I understood the OP to mean) is all concentrated risk.
  • _CC_
    _CC_ Posts: 362 Forumite
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    Crashy_Time wrote: »
    It is amazing, when front line politicians are basically getting up to the podium to reel off a HPC wish list

    http://www.bbc.co.uk/news/business-41459446

    I didn't know HTB was in the 'HPC wish list'. Learn something new every day :p
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
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    _CC_ wrote: »
    http://www.bbc.co.uk/news/business-41459446

    I didn't know HTB was in the 'HPC wish list'. Learn something new every day :p


    The more they try to prop it up, the more the chance of JC as PM increases IMO (He is probably going to win it anyway) then it will be a proper crash, bond markets, run on the pound, the whole nine yards.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
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    DaftyDuck wrote: »
    Poop... Total poop!


    Are you able to explain, or is this just an automatic response to something you don`t like?
This discussion has been closed.
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