Cooking With Richard

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.

This entry was posted on Monday, September 29th, 2008 at 7:49 pm and is filed under photos, stupidity, craziness, little things, big things. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.