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colonelmustard

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Posts posted by colonelmustard

  1. I'm going to be forced into stocks in the next financial year for the first time in over 30 years but I'm quite looking forward to investing for a dividend return that exceeds the paltry 0.1 something % available on a bank account.

    The capital loss exposure is my main concern in such uncertain times so I won't be looking for any dodgy penny stocks.

    Oh !.. look at that 777 posts...

    Now what was it Christine Lagarde said about 7. ...Can't remember the specifics but I do know it didn't end well.

  2. Or maybe not. This is from Fred Harrison's blog :

    Quote

    I maintain that the cycle that began in 2010 will continue through to 2028. However, consider the possibility that the pandemic did inflict sufficient violence to disrupt the cycle that shaped capitalist economies of the past three centuries. What does history tell us about the consequences?

    https://sharetherents.org/articles/the-virus-exit-nightmare-what-we-can-do-about-it/

     

  3. Poor old Sterling... It has fallen so much I actually find it fascinating to see how low it can go now.

    For a trader Sterling must have been a one way bet for the last few years but one thing I have noticed about Sterling is that when it turns ..it turns really quickly. I wouldn't like to be the trader who gets caught napping.

    It wouldn't surprise me if Sterling rises after Brexit....That's the kind of reverse psychology that rules the markets.

  4. Incredibly there are still more than half the Cabinet (19 out of 33 ) who are remainers  . (25.30)

    Many people fear that Boris will just try to get a concession on the backstop and then reheat the May surrender Treaty... In fact I think he has made it clear that is his strategy but...

    It won't wash with Nigel Farage and the Brexit Party (37.45)

    Boris is going to have to do better than some backstop fudge to satisfy the Leavers and neutralize the Brexit Party but how can he do that without enraging the remainer infested Parliament. Nigel thinks he has to go for an election and Jacob Rees-Mogg assures us all he has to do is nothing and we will leave by default on October 31st.

     

  5. 8 hours ago, drbubb said:

    NO SYMPATHY for MAY's Tears

    Owen Jones responds

    Political commentator Owen Jones, who identifies as gay, appeared on Sky News to discuss Theresa May’s tearful resignation.

    Sky News presenter Adam Boulton asked during a TV segment: ‘Owen, you say you don’t have much sympathy for her?’

    Jones then replied: ‘I’ve got less than no sympathy for her.

    ‘She didn’t publicly break down publicly over the victims of Windrush, who, because of her policies, were driven from their homes, denied medical care, and even kicked out the country.

    ‘She didn’t cry publicly over the dozens of working class people who burned to death in Grenfell Tower. She didn’t weep publicly over those who’ve had their benefits stripped from them, those driven to food banks, because of her policies. The victims of universal credit.

    ‘I think our media can often express much more sympathy for the powerful – in her case, she will lead a no doubt comfortable and affluent life to her very end, rather than the victims of their policies, who I’m afraid have been driven into misery, insecurity and turmoil as a direct result,’ Jones said.

     
    Embedded video
     

    Reporter: ‘Can’t you just respond on a human level?’

    Boulton then asked: ‘Can’t you just respond on a human level?’

    Jones responded: ‘I have responded on a human level.

    ‘I’ve spoken about the humanity of those who have suffered as a consequence of her policies and I wish the news would give far more space to them rather than spending time discussing the prime minister crying because she can no longer hold the most powerful job in the country,’ he said.

    Many people took to Twitter to share Jones’ sentiment in condemning Theresa May’s policies and to share the video.

    One tweet has almost 200,000 likes and 60,000 retweets, at the time of writing.

    Jones then tweeted: ‘Don’t feel sorry for Theresa May. Feel sorry for the victims of her policies.’

    Well well well... I never thought I would find myself agreeing with anything that plonker said :)

    Just had to listen to Malcolm Rifkind on BBC given carte blanche to rant for a good 10-15 minutes uninterrupted repeating himself over and over like some deranged loon that Parliament couldn't agree a deal and wouldn't allow us to leave without a deal and therefore the only democratic course of action was to ...yes you've guessed it...Have a People's vote.

    The BBC scum really are pulling out every stop ...

    Rifkind was followed by another Remain nut job from Northern Ireland the newly elected Alliance Party MEP ...looks like she ate all the pies and then puked up her Remain rant for another 10 minutes.

    The BBC is now Remain central on steroids with any token Leave viewpoint scoffed at and derided.

    It's going to be an interesting summer. If these lunatics do get there way and we end up staying in the EU it's going to lead to violence somewhere down the road if we are forced into EU political integration through some Parliamentary stitch up....and not the kind you see exercised in riots but an organized resistance something like the IRA. That would be kind of ironic wouldn't it...because Sinn Fein the IRA's political representatives now can't get enough of their EU masters. 

     

  6. Labour is on the verge of finally coming out of the Remain closet. Both McDonnel and Corbyn talking up the idea of a People's vote in the media today. I guess they are preparing to use that as a campaign tool in the event of an early General election.

    So the race is on...Can the Tories elect a new leader and deliver Brexit before Westminster and the enemy within can sabotage Brexit and force a General election which may well produce a Labour government and a second stitch up referendum.

    The EU remain fanatics know this is their last chance and their media pals are pulling out all the stops to spin The Brexit Party landslide into a victory for Remain.

    Constant reminders that there is... no other deal to be had...nothing has changed...there is no way out of this deadlock...and people have the right to change their mind and the only answer is to have a People's vote where the choice is Remain vs the worst deal in history.

  7. On 2/13/2019 at 2:03 PM, Spoony said:

    I sold my shared ownership in Milton Keynes in the autumn 2018. There was great demand for it as the rent was low and for someone who needs a 3 bed house but can't get a mortgage and deposit for a normal freehold at £275k - its their only option. Looks like I did well to get out while the going was good.

    However trying to sell a  probate 2 bed semi now at 240k, not a bite. Agent told us to cut price, we did, no bites. Agent also told me that the market is falling and he sold to rent a year ago! Could be the brexit effect. Northern towns and Northern Ireland  (basketcase) are still going up though so its probably more about affordability.

    Latest inflation figures are out and its down to 1.8% (CPI) Pay settlements are over 3% so I don't see how we have a reduction in living standards as that above article said. I don't see rates going up more now we have inflation below target.

     

    I was just looking back at the earlier pages of this thread from 2009, how wrong we all were!

    According to my calculations the last bull run in UK house prices started in 2002. So if you believe as I do in Fred Harrison's 18 year property cycle theory the good times start to roll in the Spring of 2020...The roaring twenties perhaps ?

    If the Brexit debacle is cleared up by then confidence may return quickly to the market. It's anyone's guess but that would be my gamble.

  8. No sympathy for May and those tears...none whatsoever...What was she crying for ? ..She loved her country so much she wanted to turn it into a slave state..What a P of S and to think when she came in I wanted to give her a chance...we gave her a chance and she sold us down the river for 3 years. We are absolutely infuriated with the Tories.. Now they think they can change the leader and everything is going to be hunky dory again.

    You should just here the MSM we have to endure here... 24 hours a day remain propoganda and tonight when the EU election results came out it was as if the Lib Dems had won !

    The world has been turned on it's head here. The denial amongst remain campaigners is off the charts. Adam Boulton on Sky news tonight more or less calling for a second referendum..totting up all the Remain votes and then throwing in the Labour vote and saying that proves people have changed their mind...that a second referendum was the only answer to the deadlock in Parliament...It just goes on and on...usually a 3 or 4 to one ratio of remain pundits to leave and they just get shouted down constantly.

    I think they were really taken by surprise when Nigel started the Brexit Party because they were hoping to use these EU elections to make a case for a second referendum and now it's been ruined by the rise of the Brexit Party and the resignation of May...She would never have resigned if it hadn't been for the pressure created by them on the Tories and it's thrown them into disarray.

    This guys video summed up very well my feelings on Theresa May's premiership and the Tory government :

     

    As for the future Tory leader I don't trust Johnson an inch..another Tory clown.. He won't do anything unless Nigel Farage is there to push him all the way. Who knows if he will get the job anyway...they say the favourite never wins the Tory leadership race. Maybe a dark horse like Steve Baker will come through. Whoever it is I hope they grow a pair and do the job they were told to do....In any case they will never get my vote again as long as there is a Brexit Party alternative to vote for.

  9. I don't know about the London market..other than to say it is unique..but in my area outside London..lets call it the Shires.. the market seems bouyant. I know two examples of property sold recently one was with an agent who shared it with " trusted " clients and sold in 6 days without being offered to the general public. In the other instance the flat sold by word of mouth before coming to market.

     

    My impression is there is alot of cash looking for yield and they are buying property with it. Also heard of people who were planning on buying in Europe but after the Brexit vote and fall in Sterling have cancelled those plans and invested in property at home

     

    Things may change but if you don't want to invest in the stock market a 5 % yield on rental property doesn't seem a bad return compared to 1% or less in the bank.

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