Member Info for longtimeinvestor

Flec
''I wouldn't describe that as subprime, would you?''

TS was talking about American sub-prime lending in 2008.
With MBS and derivatives attached, causing the GFC

snige
''With 697,000 fewer people in the workforce ''

I was led to believe that there are more in employment now than pre pandemic, and that there are about 1.25 million job vacancies

TS
Just what I have been saying for years - property market has been way overvalued due to the switch to the affordability criteria based on virtually 'free' money. GFC caused the ever decreasing interest rates resulting in a property price bubble. That is not to say that there will be a quick crash in property values (although possible), but it does mean if we are to return to nearer the historical levels of interest rates, the ratio between salaries and property values will also need to get back to nearer historical levels,possibly over time by means of flat or drop in property values against salary increases. That would obviously be the preferential way of getting back to more realistic ratios for mortgage holders and their providers - but personally I don't care if there was a quick 20-30% drop in property values.

Any reason not to think it will be starting next week?

suf
22 of my 33 stocks were down today, but I was looking on the bright side.

suf
I think you are missing the point - look at the thread title.

Posting that my IG share went down 2% today doesn't come into that category.
Maybe I should change it to 'I am looking on the bright side'
Please note I have only posted this title when MY investment in Lloyds has had a down day.
I hope that clears it up for you.

hu
'' judge of who posts BS/lie/misinform''

not a question of judging hu, use your brain for once.

hu
usual response from you.

If people didn't BS/lie/misinform then there would be no exposure of them doing it - simple.
You will find many are not in that category, so they have nothing to expose.

hu
a bit more relevant than

''City Wide Boys coining it in!''
more nonsense of course

hu
did you not realise the impact of high oil on business and the knock on effect to consumers.
Anything that affects the UK economy is relevant on the Lloyds board.

hu
already posted on shell at 90 dollars to 93 dollars.
many bp holders also hold shell as I do.

posted here to show that high energy costs are not going anywhere at the moment.
Inflation

Brent gone to 93 dollars

now at 93 dollars

BT bounce back today

BP over £4 a share

SHELL over £20 a share

P
What is so special about waiting for 51p to purchase?

LS
The Nov and Dec job figures have been massively revised on the upside

A low share price means more shares get mopped up in a buyback programme - that is fine by me.

on US interest rates from job figures

J46
I don't need to try too hard - it has been clear to all but the thick for years of your never ending messaging of nonsense and lies.
Is that not clear enough for you.

J46
''Your point being ''

My point being your misinformation regarding interest rate movements in 2007 AND
your misinformation as to the cause of the recession.

Why do you continue endlessly with lies/misinformation ?