Goin’ down down down
Monday, September 29th, 2008
I just opened up another online trading account to buy a few ‘000 £ of shares tomorrow morning (or in a few weeks/months, depending on whether US taxpayers decide to fund me or not). Now (or in a few months) is a good time to invest, provided you are willing to hold your investments for minimum 5 years, or more likely 10 years.
On TV there is a person claiming that the fact he bought Bradford & Bingley shares last week which are now worthless is “soviet”. Welcome to the real world … idiot.
And then there’s another article about how buy to let mortgage owners are in trouble. My eyes weep … Oh no, wait: actually they don’t at all. Buy to let landlords have screwed over honest rent payers for decades, and if they all go bankrupt, that’s better for everyone.














