ISA’s

[pvr]

The epic post had 3964 characters !

That will be up 40% by tomorrow.

Thank goodness we have a bank holiday to read it all on Monday

[ronk]

The epic post had 3964 characters !

That will be up 40% by tomorrow.

Thank goodness we have a bank holiday to read it all on Monday

Just leave it in a box with a glass eye!

[Nanu]

Burry was 2 years early with his prediction last time around.

Well in that case, I predict there's going to be a crash too.
No idea when, but hey, does it matter if I'm a few years out.

I predict the crash may or may not happen a year or so either side of your prediction.

One of us should be close, unless we are both wrong and then someone else me be closer

[buzyg]

The epic post had 3964 characters !

Has any one read it though.

[Pondrew]

Has any one read it though.

Life's too short to read any of them TBH. I read all the other posts, just none of his, because they are extremely 'samey', very long and boring. If I wanted to listen to someone telling me what to do, I would go downstairs to see the wife.

[buzyg]

Has any one read it though.

Life's too short to read any of them TBH. I read all the other posts, just none of his, because they are extremely 'samey', very long and boring. If I wanted to listen to someone telling me what to do, I would go downstairs to see the wife.

You do realise she hears what you type.

Who do they do that?

[Scubaregs]

You do realise she hears what you type.

How do they do that?

I have no idea, think it is passed on genetically.

I'm a firm believer that when a male child is born, shortly after the midwife slaps his bum a lawyer should be reading him his right to remain silent and warning him anything he says to a woman can, and will, be used against him up to 100 years later.

[buzyg]

You do realise she hears what you type.

How do they do that?

I have no idea, think it is passed on genetically.

I'm a firm believer that when a male child is born, shortly after the midwife slaps his bum a lawyer should be reading him his right to remain silent and warning him anything he says to a woman can, and will, be used against him up to 100 years later.

So true...

[pvr]

You do realise she hears what you type.

How do they do that?

I have no idea, think it is passed on genetically.

I'm a firm believer that when a male child is born, shortly after the midwife slaps his bum a lawyer should be reading him his right to remain silent and warning him anything he says to a woman can, and will, be used against him up to 100 years later.

But what if the child is non binary

[Scubaregs]

At that age, we go by the genitals only.

[Pondrew]

But what if the child is non binary

Then it's a problem choosing toys I would imagine

[True-Blue]

You didn’t answer my question in a previous thread where you predicted a financial crash FOUR times worse than 2008 this year… is that still happening? Just chose to ignore that one

What do you think will happen out of interest TB?

As humans (well some of us) we are hardwired to think the worst but I think there will be low economic growth for a 3-5 years and not a massive recession.

I think things will get worse before they get better, possibly significantly so, but to be four times worse than 2008 would effectively equate to a financial apocalypse. 4 times as many company’s failing, 4 times as many house repossessions… etc, etc.

The energy price cap has just gone up significantly, this will impact disposable income. Sadly, this isn’t helpful with the 50/30/20 model as the ‘50’ just went up for all households. I guess some families will need to move downmarket out of Bradford? In addition, this also looks to get significantly worse (potentially) before it gets better. This is bad news for inflation and the economy as a whole.

Unless you are an active ‘stock picker’, which our friend seems to be, the safest approach is to diversify based on your risk tolerance and hold your nerve through the bad times. There is plenty of evidence to demonstrate that even someone who only invested at the peak before a crash, in a diversified portfolio, would still be better off than investing in cash if they held their nerve and stayed invested over the longer term - even if they did so repeatedly! Clearly this is not the same for picking stock in a limited number of companies in a narrow field.

Google ‘behavioural finance’; This gives good insight into how (many) humans tend to make decisions with their heart rather then their head, and then regret the impact of their actions. ‘Time in’ is critical to the typical diversified investor, ‘Timing’ is critical to a ‘stock picker’.

It is highly unusual for a stock picker to never make a bad trade, but I guess showing screen shots of a loss isn’t good for the ego.

If our friend is as talented as he claims to be, I wonder why he’s not enlightening a Ferrari or Porsche forum somewhere?

Maybe he’s just starting out as a trader and hasn’t made his fortune yet? Maybe the losers are paring back the winners?

[pvr]

Have you been on a Porsche forum? They are a bit, uh, challenging

[john-e89]

Have you been on a Porsche forum? They are a bit, uh, challenging

You should fit right in then Paul.....AND you've got a beetle.....

[pvr]

Yep, paid for by working and not gambling on shares