Real Good Number Plates Vol. 6
Discussion
So, man who willingly enters into a significant financial transaction complains when he realises that he's not quite got the acumen he thought he had?
Whilst sympathetic to his situation, I'm somewhat struggling to feel particularly sorry for him.
The age-old caveat of 'the value of investments can go down as well as up' seems to be relevant - he wouldn't be complaining if he'd doubled his money.
Edited to correct typo
Whilst sympathetic to his situation, I'm somewhat struggling to feel particularly sorry for him.
The age-old caveat of 'the value of investments can go down as well as up' seems to be relevant - he wouldn't be complaining if he'd doubled his money.
Edited to correct typo
Edited by Fifty on Monday 25th March 12:37
te plate and blames everyone but himself. 
I think the above demonstrates the in-built complexities/dangers of any market where buyer and seller have to agree a price - in the absence of external information, how does either party know whether they are agreeing a good deal?
Regtransfers note they provide such information, though, and of course one can do one's own research, as the saying goes, so this seems to be the situation where a seller asks a cheeky/hopeful price that only requires one person to think it's a good deal and go ahead with it.
I guess a benefit of auctions is that arguably the prices realised are / can be a realistic assessment of fair market value because there are a number of players setting the price, not just one. There is the issue of shill bidding, of course, but I guess all a buyer can do is attempt to determine a likely fair value in advance and then bid to that / their budget accordingly.
Regtransfers note they provide such information, though, and of course one can do one's own research, as the saying goes, so this seems to be the situation where a seller asks a cheeky/hopeful price that only requires one person to think it's a good deal and go ahead with it.
I guess a benefit of auctions is that arguably the prices realised are / can be a realistic assessment of fair market value because there are a number of players setting the price, not just one. There is the issue of shill bidding, of course, but I guess all a buyer can do is attempt to determine a likely fair value in advance and then bid to that / their budget accordingly.
Gladers01 said:
Every day a journey said:
Every day a journey said:
It is who I thought it was.Saw in Brighton yesterday
Spotted 'GT63 TOY' on a Merc GT earlier, looked like the same model that was featured on PH recently
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