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Kredit Krunch - how much have you lost this month?

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    Kredit Krunch - how much have you lost this month?

    For those of you who find the "how much do I earn / how much is my house worth"-type threads just a little too smug....

    I have been keeping an eye on my various pensions schemes and they have lost around £8,000 since the beginning of the month. Of course, this is not real money and a pension is a marathon, not a sprint (just the the Premier League or whatever it's called these days).

    Who's got the balls to admit they've lost (at least on paper) more serious amounts of dosh?

    #2
    Think how much your house has gone up though.

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      #3
      I haven't got a pension, or any shares/bets at the moment so zero losses so far.
      ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

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        #4
        £28K in the past 2 months.

        Mind you I had made £12K in the previous 3 months, but it aint good.

        It makes no sense - with the property market so high I thought the FTSE would be less risky - it was lower at 6250 where I got in than it was in 1998!
        Last edited by KentPhilip; 17 August 2007, 09:43.

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          #5
          I have my managed funds with an Irish bank; they don't send statements out when the fund loses money.

          Ignorance is bliss
          Fiscal nomad it's legal.

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            #6
            What goes around, merry go round

            If borrowing becomes more expensive/difficult to obtain, first-time buyers won't be able to on the first rung of the ladder, and the whole unsustainable merry-go-round of rising property prices will grind to a halt.

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              #7
              The FTSE 100 is looking massively oversold on a P/E basis
              How fortunate for governments that the people they administer don't think

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                #8
                Loads.

                Hooray for my sharia bank shares though, which have weathered the infidel credit crash nicely, insh'Allah. Wish I'd had more of them.

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                  #9
                  taking P/E at face value can be a bit dangerous, if the companies future earnings are about to go down the toilet and it had a P/E of say 12 its probably still not something you would want to buy and hold

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                    #10
                    Troll,

                    that may be so for today,

                    but what if,

                    as a result of a credit crunch

                    forward looking earnings are reduced ?

                    Milan.

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