Member Info for Bumble1968

Ian,
No problem, all I was after was clarification on the term "lost"
Hindsight is a wonderful thing, given the benefit of this EVERYONE would have sold at 40p and bought back now.
Or bought Amazon, or Apple, or Tesla stock 20 years ago!

A few have the salary posted!
https://uk.indeed.com/m/jobs?q=train%20driver&l=&from=searchOnHP&sameL=1

Ian,
Thank you, matter dropped.

Wolfie,
If I remember rightly Ian had topped up 200,000 shares, certainly not enough to massively effect his average.
If I had made between £200,000 to £300,000 I would be happy but obviously regretful that it wasn't 7 figures.
Something isn't right here, I'm only asking because Ian has posted this on a public forum.

Pompal,
OK but,
"Seeing all my paper profit vanish was heart-breaking"
If Ian "had" 4,000,000 shares at sub 1p and sold at 8p he would have MADE over £200,000
I don't mind what Ians done, just trying to get clarification as it's posted on a public forum!

Cherry,
I have a family member who's a train driver and his "basic" salary is over £60,000.
His overtime payments are crazy, he can be asked to come in, and if he does he might not even have to drive and he'll get more for that than most "average" people get in a week!

Ian,
I'm not having a "pop" at you, you can do exactly as you please but considering your original holding the ONLY way you could have LOST money is if you had been trading and got caught when the price dropped significantly?
Like I say, each to there own, but just trying to head round how you lost when you've had a 7 figure amount from 2019?

Ian,
You wouldn't have lost though?
You have been holding since before the 2020 suspension?
You will have just "missed out" on much of the original gain?

Actually American Market MAY be closed tomorrow?
Which if it is means we'll end the day pretty much where we started!

Does it matter?
Come 2.30pm we'll do exactly what the American market does!

Plato,
Read the press, some are going on strike!
They want a 7% pay rise!

Plato,
"In that case why are policy makers 5 years behind rational decision making?"
The simple answer to that is that no politician wants to "p155 on the party"

Plato,
Rolex quote 7 to 10 years waiting list on a number of their watches.
New Submariner is under £8000, 2nd hand £20000+
I've just looked online at cars, you CAN spend £30,000 on a Fiesta, there's £55,000 Golf's on Autotrader! These things are selling.
My brothers son works in recruitment, regularly earns 5 figures a month, my cousins son is a train driver, he's on £60,000 + overtime. These are just a couple of examples, some people do have this kind of money to throw around, and these are relatively "normal" jobs.
The REAL issue is if these people have loads of credit and they their jobs goes they are sunk.
Borrowing shouldn't be socially "the thing to do"

mach,
Rapid house price inflation has definitely been going on since Blair, but I'm not trying to point fingers, society has changed.
When I grew up borrowing money was frowned upon, people never took loans unless they had to, people never had credit cards, I never had a credit card, it was only really the advent of the Internet and booking holidays etc myself instead of going through a travel agent that made me get one.
People now have everything on credit, houses (understandable) cars, holidays etc, holidays in particular are mad.
But it's not just the credit, its peoples spending habits which are also the issue, large amounts of EITHER disposable income or putting it "on another card"
A prime example of this are Rolex watches, you try to buy a Rolex, almost any Rolex and the shop will turn you away or they may say spend £20,000 on other things and we'll sell you one.
Think I'm lying? Take a look online and you'll pay twice list price for a second hand one!
Look at car price inflation, how is a new Ford fiesta £20,000? How is it even possible to spend £45,000 on a VW Golf?
Society has changed and in some respects not always for the better!

mach,
But do you, really?
The era of cheap money is not purely Conservative.

mach,
Calm down, deep breaths, its a Sunday!
The whole world is in "a bit of a mess" it's not just a UK issue.
Years of cheap credit, QE etc!
All you can do is make sure it impacts you as little as possible.
Do you really think it'd be any different under Labour? Probably the only difference would be no Brexit but before that all kicks off again Europe is in arguably a worse situation than us.
Anyway the garden calls!

Is monty Kira's alter ego?
Maybe Kira decides to let it "hang out" and not shave!
A bit to Norman Bates for my liking!
Can't be Rowka he was special forces!
Enjoy the sunshine!

mach,
I do note that you haven't mentioned interest rates?
When I bought my 1st house there was double figure interest rates, and at a point I was paying over 15%.
There was little choice of mortgages, certainly not the extended fixed rates and trackers.
I don't really know the current mortgage market but I suspect there are still very low rate fixes available.
Yes houses are unaffordable in many places but there are plenty of people who like to moan down the pub whilst drinking near £7 pints of Peroni!

me,
I have said similar in so much that BP's profit margin in relation to turnover is far less than many companies!

Clued,
It could have done but it's a Guardian article so it wouldn't be biased at all!!!!!!!!!!!!.....
For those that don't know the Guardian newspaper is vehemently against BP and "Big Oil" in general.