ISA’s

Been in the car, which is hybrid not electric, for the last couple of hours…. No range anxiety here.

I see that this is the thread that keeps on giving, and that from a ‘quoted’ post the recession 4 times worse than 2008 is definitely coming…. All because of Brexit, the Tories and Biden’s offspring. Putin nowhere to blame?

Not sure how our friend Votes, don’t care, but interestingly a couple of stories doing the rounds in the press at the moment about how the Labour Party is struggling to manage it’s own finances…. Apparently the unions are not providing the financial support they used to. Sir Keir requesting all donations go to party HQ. This has got about as much to do with ISA’s as a lot of the other stuff posted on here.

Anyway, this thread is much more fun only reading quoted outtake’s 👍
 
enuff_zed said:
SonnyA85 said:
Burry was 2 years early with his prediction last time around.
Click to expand...

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. :rofl:
Click to expand...
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 :wink:
 
buzyg said:
Has any one read it though.
Click to expand...
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.
 
Pondrew said:
buzyg said:
Has any one read it though.
Click to expand...
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.
Click to expand...
You do realise she hears what you type. :wink:

Who do they do that?
 
buzyg said:
You do realise she hears what you type. :wink:

How do they do that?
Click to expand...

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.
 
Scubaregs said:
buzyg said:
You do realise she hears what you type. :wink:

How do they do that?
Click to expand...

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.
Click to expand...
:lol: :rofl: :thumbsup: So true...
 
Scubaregs said:
buzyg said:
You do realise she hears what you type. :wink:

How do they do that?
Click to expand...

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.
Click to expand...

But what if the child is non binary :evil:
 
mgrlane said:
True-Blue said:
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
Click to expand...

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.
Click to expand...

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?

:?
 
Have you been on a Porsche forum? They are a bit, uh, challenging :lol:
 
You must log in or register to reply here.
Back
Top Bottom