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WHAT WOULD YOU DO???
ORANGEZIPPY:
--- Quote from: Moose on January 24, 2008, 06:14 PM ---Investment is like gambling - the key is spread betting :daumenhoch:
--- End quote ---
i hope you mean spreading your bets and not spread betting, if anyone does that on here please stop now !!!
i know alot of people who have lost all their money, everything getting sucked in on this, i've lost some too. dont touch it now.
Keep it in the bank or premium bonds, you never know you might just win. Cash is deff king when it comes to having a good business, rather than worrying every night, how your gonna keep the bank manager happy.
wish i had too much money in my bank account that i didnt know what to do with :knuppel2:
Moose:
Oops - yes, I meant spreading your bets not spread betting :daumenhoch:
subversion:
What would I do??
I'd go ride my bike... 8)
Dark Diggler:
--- Quote from: J.T on January 24, 2008, 12:44 PM ---SPOLER ALERT - I AM ABOUT TO PREDICT THE FUTURE - IF YOU DONT WANT TO KNOW ( just like sport on the news) LOOK AWAY NOW
leave your money where it is...or if you have a mortgage, deffo change to an offset.
when the recession hits, which it will ( hard ), all sorts will happen...primarily,house prices will start coming off in chunks, people will panic and start worrying about all the nice things they've bought with the remortgage money, which they can no longer afford, this alone will slow peoples spending right down....
other factors to consider
petrol will continue to rise , as there isnt any more of it in the ground,...food prices will continue to rise as the cost of producing and more importantly the cost of transportion of food increases (massively).. old tesco and sainsburies will sure as shit not be taking a hit of there profits, so we'll ge the bill and then some......gas/electric prices are on the rise so more money to find there also.....
people will look to tighten their belts...bmx parts will stop getting bought, and more will come to market as people try and cover costs within household....
even if they try not too, resistance is futile as birds will start moaning like fook, and it'll happen jsut to shut em up....
countries economies wil start to falter, the west will go to war with the middle east on all fronts ( economic and political initially) in an attempt to secure its energy, this will fail and global guerilla warfare will ensue, the west will conveniently call this terrorism to create fear and get the support it needs to continue trying to secure its energy
or has this already happened?
anyway, after that, it goes down hill pretty rapid..underdevloped countries get raped of remaining assets, goods go to highest bidders and its ever decreasing circles from there on in....cars become worthless, as no one can afford to run em anymore, food becomes a luxury as transportation companies have to increase there bills by multiples as opposed to percentages and your bmx will be your main mode of transport
me? i'm buying some high powered air rifles and going on a survival course with ray mears...and start growing me own vegg and get some chickens....
the future is so bright, i gotta wear shades...(literally, as i forgot to mention global warming)
global meltdown here we come... :daumenhoch:
--- End quote ---
tricknuts:
I've a few thousand in high tech company stocks. totally crap since 2000. lost loads.
Now i just use a high interest bank account. Investing in bonds gets mentioned quite a lot as a decent safe return, but never have done.
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