Member Info for eccles04

He not know what he talk bout, he just like sound of own voice.

You need to be a bit stupid to "invest" in bitcoin, when I say that it has no intrinsic value, I know that is true because if it did you would be able to eat it, wear it, travel with it, or use it for some other utility, but you can't. All you can do is hope that some other mug will one day give you some real money for it and as we know, there are always plenty of mugs. Which is how the gambling industry survives.

Well actually quite a lot of people are stupid or rather they can't be bothered to think properly for themselves and prefer to let politicians and newspapers do it for them even though they know that both are inveterate liars. Thus as the man once said, we get the government we deserve.

"Bitcoin has gone up 20,000,000% since it's inception. Annualised, that's 1429% growth per year over the last 14 years." A superb demonstration that you can fool a lot of people most of the time, remember the Southsea Bubble? I do and I also know that Bitcoin has no intrinsic value whatsoever but there are plenty of fools out there and there always will be.

Yes my father and I in my younger days, did not have loads of unnecessary "stuff" like phones ,large colour tellies, freezers, cars, double glazing, dishwashers, etc.,and would have dreamed of farming his kids out most days. I know these are all necessities but how come we lived without them?

As it happens, 5% is not particularly high, my father's mortgage was around that level for many years in the '50s and '60s. So let's not get into a panic over a storm in a teacup.

I mean where else can you expect to get a safe 9% yield at present? I don't know so am about to add another £5k's worth to my ISA.

You can't be in business and do polictics, everyone knows that.

SP has barely moved in 5 yrs, if anything in the wrong direction; new blood could hardly do worse.

Isn't it amazing that despite all the gobbledegook which can regularly be read on these forums, every so often the "market" realises that some share prices have become illogically cheap and up they go again.

So yield of 8.47% as of today and they always pay dividends. Try getting something like that anywhere else today and you will have your work cut out. Sometimes the "market" behaves completely bonkers and that is often an opportunity to increase your wealth.

Meanwhile they continue to take shares out of the market and thus enhancing the next div due in about four months

What folks often don't realise is that all insurers have a rough time occasionally due to major events beyond their control that's why they are made to have huge capital requirements by the authorities. However, once the "event" is over and paid for, they all get back to decent profitability fairly quickly. If this were not so, nobody would bother to be in the insurance business would they?

PSN just got permission to build 1500 units near Exeter I read. That's got to be good for their near term prospects eh?

Great opportunity to get a bargain

Tinlid's numbers are wrong, current yield on this share is 7.7% based on the current SP. Thus 19.37pence/251.6pence x 100.

Technically overbought = garbage language of very doubtful meaning which fools some people. However if you are reasonably intelligence today's price is a likely opportunity to increase one's wealth.

Yes it was only ever a temporary problem possibly caused by a tactical mistake which every business suffers from from time to time. I read yesterday that the mighty BMW almost went bankrupt once for essentially similar reasons and so did Lloyds Bank not so long ago.

For anyone who might be vaguely interested, the dividends for the past year actually total 19.37p and thus the yield at the time of writing is actually 7.6%

Banbury, Think you must have been looking at prices during the witching hour as I call it. I.e. after 4.30 when the market makers are sorting things out before going home.