Kredit Krunch - how much have you lost this month? Kredit Krunch - how much have you lost this month?
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  1. #1

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    Unwitting Catalyst is too good to be a permie


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    Default 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. #2

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    King Cnvt has no reputation

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    Think how much your house has gone up though.

  3. #3

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    Moscow Mule is too good to be a permie

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    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."

  4. #4

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    KentPhilip is a permanent contractor


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    £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; 17th August 2007 at 09:43.

  5. #5

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    alreadypacked has more data than eek

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    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.

  6. #6

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    Unwitting Catalyst is too good to be a permie


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    Default 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.

  7. #7

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

  8. #8

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    thunderlizard is too good to be a permie


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    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.

  9. #9

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    mrdonuts is too good to be a permie

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    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

  10. #10

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    milanbenes 's job has never been outsourced


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    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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