Don’t put any money into shares yet.
Keep a very watchful eye on the prices by all means, but there’s going to be plenty more falling to come yet (and falling by the wayside/nationalisation depending on how big the institute is).
Some people are going to make a killing, and it’s not the ones that have a spare £100 or so right now, and fancy taking a punt, that are going to be the ones. It’s the ones that sit tight, and have many tens, or hundreds, of thousands of £’s to spare to invest at the right time.
When the construction industry kick starts again, and the housing market starts increasing in value instead of decreasing, shares in companies will rocket overnight. Then is the time to have some spare cash hanging around!Posted 9 years agojimmySubscriber
At 10p a share there’s not much to lose provided they don’t go actually go under. If I had £100 spare I’d be punting. If I manage to get my house sold, I might be looking to gain back the equity lost using the equity still there. But thats maybe a risk beyond my means…Posted 9 years agojimmySubscriber
Noticed the press outside the HBOS HQ today in Edinburgh – actually they were outside the courts waiting for a crim, but they had their cameras trained on the HBOS building. Looked up where they were snapping to see a Lloyds Group flag in place of the HBOS one.
Err, don’t know where this was going so insert your own dramatic conclusion.Posted 9 years agotwoshedsMember
We’d all be better off asking Sir Fred for our money back. Thats the millions he got in his pay off and the 50 billion of tax payers dumped into rbs. The time is ready for some good old collective action. The sooner we all co-ordinate a mass refusal to pay the worthless loans we have on our overprice houses the better we’d all be in the long run. I recon within amonth it’d be all over.Posted 9 years ago
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