RE: Brits ..will I, won't I...19 Mar 2019 19:30
Nuri, re irrational behaviour of investors.
Many people lost all their pensions in these bank stocks. Once bitten, twice shy, has never been more apt.
3 out of every 4 houses is bought with CASH.
Over 100,000 cars are brought in from the UK alone last year. All paid for in CASH. The vast majority were high spec cars.
Have you been out lately? The amount invested in cocaine every weekend would make the ton of money sitting in the credit union look like an orphans pocket money.
People are coming later to the investing game, if not ignoring it altogether, due to the high cost of living..
Banks, last time I checked, don't count shares as savings if looking for a mortgage.