Brexit and savers interest rates

Brexit and savers interest rates

Author
Discussion

crankedup

Original Poster:

25,764 posts

243 months

Tuesday 31st May 2016
quotequote all
Jockman said:
crankedup said:
RYH64E said:
don4l said:
Up until last year the four accounts grew at an average rate of 17% p/a.
17% per annum? Really? You can achieve rates of return way beyond the wildest dreams of professional investors, in a few hours on a Saturday morning at that, yet waste your time working for a living? scratchchin
Wish I had took more notice of the classic car market, returns astronomic last few years.
Investing is soooooo easy with the benefit of hindsight.

You need to find an area that's underperforming at the moment and go with it - Oil? Emerging Markets? - or stick to a market you know, like Dignity smile
Indeed it is, was reading of Crispin Odey over the weekend. His followers have been dismayed with his star fund losing 20% whilst his fellow competitors have enjoyed rises. Even the best can get it wrong, so pleased I ignored the hype last year.

Jockman

17,917 posts

160 months

Tuesday 31st May 2016
quotequote all
crankedup said:
Jockman said:
crankedup said:
RYH64E said:
don4l said:
Up until last year the four accounts grew at an average rate of 17% p/a.
17% per annum? Really? You can achieve rates of return way beyond the wildest dreams of professional investors, in a few hours on a Saturday morning at that, yet waste your time working for a living? scratchchin
Wish I had took more notice of the classic car market, returns astronomic last few years.
Investing is soooooo easy with the benefit of hindsight.

You need to find an area that's underperforming at the moment and go with it - Oil? Emerging Markets? - or stick to a market you know, like Dignity smile
Indeed it is, was reading of Crispin Odey over the weekend. His followers have been dismayed with his star fund losing 20% whilst his fellow competitors have enjoyed rises. Even the best can get it wrong, so pleased I ignored the hype last year.
It's only a paper loss until encashed. Could also be a buying opportunity.

crankedup

Original Poster:

25,764 posts

243 months

Tuesday 31st May 2016
quotequote all
'only' a paper loss until cashing in time is true. At least the chap puts his personal money where his mouth is, and his 'paper loss' is around the £200 million mark yikes

Mr Whippy

29,043 posts

241 months

Wednesday 1st June 2016
quotequote all
BTC has gone from £325 to £375 in the last week hehe