The Shed

Jim : you are one of ten people here that still make me laugh out loud. Keep doing that please. I need that.

Edited by glass house - September 29 2008 at 10:26

chopper wrote: The same goes for securities - I invested a lot just before the stock market took a dive in 2000. Maybe it's just me

Not just you matey - when I was made redundant a few years back I invested in one of these wonderful things called a PEP; several of our frinds had had them previously & all of them ended up with 100%+ returns... not me! Mine dropped nearly a third of its value before I bailed out...

Nowadays, any money we are in a position to save goes into very boring accounts - my days of any kind of financial gambling are well and truly over.

Jim Garten wrote: chopper wrote: The same goes for securities - I invested a lot just before the stock market took a dive in 2000. Maybe it's just me Not just you matey - when I was made redundant a few years back I invested in one of these wonderful things called a PEP; several of our frinds had had them previously & all of them ended up with 100%+ returns... not me! Mine dropped nearly a third of its value before I bailed out... Nowadays, any money we are in a position to save goes into very boring accounts - my days of any kind of financial gambling are well and truly over.

The (US) House of Representatives votes on the bailout bill in about half an hour.
The psychology of the market is so timid, that if the bill goes down, it could get very, very ugly today.

The overseas news (in your neck of the woods, the nationalization of B&B) has certainly indicated that we may be in for a global meltdown.  Hang on tight!

And to top it all off - car got rear-ended this morning, thousands of $$ in damage - but at least the other guy's insurance will cover it.  Still a bit shaken up from it I'm afraid - the back windshield completely shattered - thank the Lord my son wasn't in the car at the time (just can't even bear to think about it).

song_of_copper wrote: Oh no, sorry to read of your accident, Pat.  Take it easy, won't you, and listen to something soothing.

Will do, Melissa, thanks.  At least no one was hurt, everything else is unimportant compared to that.

chopper wrote: I may go for this type of account.

I know the feeling - I've (semi) seriously (sort of) thought about emptying our savings accounts, going down to London, buying gold ingots (I think you can get these from 1oz upward ) & sticking them in a deposit box...

I mean - where is actually safe???

glass house wrote: That's shyte Pat. Now,  I am enjoying my work. And I have a manager and he has a manager ( fictional name B ). I need advice. Should I respond to the now open space- sollicitate???? A small change they want me. It is a too big of step normally.

Dean wrote: glass house wrote: That's shyte Pat. Now,  I am enjoying my work. And I have a manager and he has a manager ( fictional name B ). I need advice. Should I respond to the now open space- sollicitate???? A small change they want me. It is a too big of step normally. Sorry Tony, you've lost me - are you being offered a promotion? Or are they asking you to change how you work?

Yes, Tony, it's a bit confusing. Not that I can be of much help - I no longer have a manager...

Jim Garten wrote: I know the feeling - I've (semi) seriously (sort of) thought about emptying our savings accounts, going down to London, buying gold ingots (I think you can get these from 1oz upward ) & sticking them in a deposit box... I mean - where is actually safe???

Eeer no... nowhere near 35k, but I think you're right. Ours are with the Abbey (supported by the Spanish bank Santander, which actually seems to be bucking the trend at the moment) and Lloyds TSB, who are about as safe as any bank is these days.

I really feel it's time to buckle in, hold tight & keep your arms inside the car at all times, though Neil - could be a shaky ride for a year or 2...