The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
- to everyone. All best wishes for your health and wealth in 2016.
Another one without that promised dinner! Never mind, her indoors is working hard as I write and I know it will be good. Hope the same for everyone on here, jings100, mailman, The Traveller, LennyMac, Stagecoach, whonew, and those I have missed., not to forget some from years ago, like bigevil, all you guys have a great day tomorrow and a good rest until next week when serious business should start again. All the best.
Crime is crime and the law will always deal with those who are found guilty, but those who have been grievously incompetent are another matter. It may be a fine line but ultimately it is down to management and shareholders to ensure those working for the Company are suitably skilled and competent to do the their jobs. Which brings us back to education.
Goodness, Man, what can I say to cheer you up? Of course it won't drop back, it will keep going up and up, and up, until the 500p we promised ourselves a year ago, or was it two, and then it will go up another 200p just to cheer us up. Keep the faith! Just live long enough.
301p! Does this mean there really is a Santa Claus?
Absolutely, I have no argument with that, but we are talking about 'attitudes' which, hopefully, will never be a matter of law. The Law is there to deal with those who go beyond the mark, some of RBS brass should have been held to account in Law but there probably wasn't clear evidence of criminal action. Fred took the hit for the Bank. Not easy but regulations have been tightened and will help to prevent such serious incidents in future. Again, there will always be some clever B who will devise a way of abusing a system. I might add to my previous reference that the 'head honcho' was in business and doing it his way long before MT was elected.
Come on guys, its Christmas, what's all this misery about? Some of us worked for these 'great British companies' in the 50s and 60s and we saw that they were on the way out, as many have since then. What you seem to be missing is that there are great numbers of new businesses growing fast and using all the modern technologies to produce fantastic things. And there will be more. The like of the textile industry that virtually disappeared. Our engineering skills are developing machinery that takes the labour cost out of the equation and will allow us to get right back into the market over coming years, though, of course, the engineers will want to sell their products Worldwide too. Does it really matter what we sell? You are right, of course, on the greed thing, I absolutely deplore 'The Apprentice' as the worst example of that creed but, jings100, the head honcho of that is a Labour Peer, nowt to do with Maggie. Just because she made it possible for people to aspire doesn't mean that she is responsible for the greedy b's that came out of the woodwork to abuse the opportunities. Give her credit for all the good stuff as well, there has been much more to be pleased about.
Unless, of course, I come into some decent cash in which case it could eb a good punt, yet again.
I'm not suggesting you should go back to the 70s/80s, more that it would be great to be thirty today and have all the opportunities that are available. Fantastic! 300p? I guess hibernation from RBS might be a consideration, pick it up again in May/June.
Cup still 'half empty'? Have faith, the World has gone from strength to strength over thousands of years and it will keep going forward. The same with the UK. Times change, of course they do, and people come forward with answers to whatever problems arise. Tell me you wouldn't want to be thirty or forty again.
Jo Stafford - 'Don't let the stars get in your eyes'
A half empty Ardbeg is of more interest. The banks seem to be getting the best of it today though 300 still seems a distance.
Half empty! You started already?
"300 here we come" - it seems like only yesterday we were enjoying 400 and expecting so much more. Should hit the 300 tomorrow and, who knows, maybe the World markets will all react. More interested in Killie now that I see The Traveller back, good to see you H.
I like the idea of doubling in 4/5 years but have reservations that it could be that quick when interest rates are so low and likely to remain low (ish). What might help will be the removal of all the causes of litigation, etc., which should mean that everything the bank does should be unfettered and much more efficient resulting in higher margins.
Mailman might have something to say re the trading advantages of the RBS extreme 'lows'.
Yes, good chat. A few months ago we were discussing whether or not GO should sell cheap to get more of RBS back into regular play. That would seem to be at least a part answer to your concerns?
We are in a difficult climate for market forces and predictions. I still think the UK is shaping well and is likely to keep improving, though I don't like the debt situation. Somehow that has to be overcome, we can't keep maintaining such high borrowings. I agree there won't be any great buoyancy in the market and the Banks need that for their SPs to benefit, especially RBS. The next few months will be important. Like jings100 I cannot see 500p for at least a year, possibly two to three. BKG, TED, BATS, and a few more have done quite well this year and could keep going, AZN looks a good punt, maybe also BLT.