Investment & Investing

I need to think this over.............. as there is always money to be made in a recession

Yeah, to be honest I'm hoping to stay away from the stock market unless I get something really good. Preferably looking for something a bit safer.

Safe and stock market usually don't go hand in hand. To be honest, 1K isn't going anywhere. Put it in ISA.

Safe and stock market usually don't go hand in hand. To be honest, 1K isn't going anywhere. Put it in ISA.

Yeah, I'm probably leaning towards keeping them were they are or putting them in an ISA.

Re property auctions, it's a piece of cake to put your hand up one more time than anyone else. The hard bit is to find bargains and even at auctions people are still paying over the odds for property.
Similarly I bid on a repo house a few years back and my bid was the lowest. The winning bid added to the work that needed doing added up to significantly more than an identical house on the market needing no work doing. Duh!
The real trick in buying property for profit is to find a friendly estate agent who will ring you up with 'deals'.

That woman in the folding plug interview - Fuck me she's annoying !

I'm the same age as you, spiderpie, and I use an ISA. You know you will get a return and there is none of the hassle that you will get from the stock market or whatever... Take the lazy option!

Totally off topic, but does anybody have any investment in anything interesting/profitable?

I had a few thousand shares in Fortune Oil PLC bought for me which don't seem to be going anywhere, and I'm tempted to sell (for around £1k) and reinvest.

Would be interested to hear if you guys have anything, plus suggestions!

Fuck the fuck off. I know you won't mind me saying this.

Fuck the fuck off. I know you won't mind me saying this.

Umm I don't mind you saying it, but am I allowed to not understand why?

Biotech, Biotech, the answer is always Biotech.
(except when its not)

Janet Street Porter Makes me want to kill small defenseless creatures.

High interest savings. that or buy some Arrospoks and sell them on now ASM is out the business

been attempting to move into the finance sector slowly ... been learning how to do fundamental analysis as well and technical analysis to understand market trends etc etc.

I know maths as well and computer programming ... I should be sorted but I don't really know finance yet. Been reading the dummies books and looking at some companies building up my knowledge .... seems a very vast field ... you appear to need to know how to specialise in the right way.

been attempting to move into the finance sector slowly ... been learning how to do fundamental analysis as well and technical analysis to understand market trends etc etc.

I know maths as well and computer programming ... I should be sorted but I don't really know finance yet. Been reading the dummies books and looking at some companies building up my knowledge .... seems a very vast field ... you appear to need to know how to specialise in the right way.

You should have spent your energy studying horses you might win more ;p

the housing market is in rebound at the minute
2 years worth of 1st timers saving up their deposits
2 years worth of buy to let investors sitting on cash

the housing market is very tricky right now
loads of people looking to get involved prices are up a bit and loads of demand for the cheap / right houses

Lucas, i would be interested in the process that youre going through!

my friend recently tried to develop a algorithm to predict successful dating matches which he then adapted to financial markets.
Needless to say he's a little big headed and neither worked particularly well.

Lucas, i would be interested in the process that youre going through!

I have a few mates who are either working for some trading firms up in London. Picked up "Technical Analysis for Dummies" and "Trading for dummies". This is how my mate (who is now a working for a trader) started out.

All I did was read the book on the train and at work. The maths part isn't massively complicated, but understanding the Jargon is the hard part.

Me iz like into jargonz innit. Maffs like numbers iz as easy as 143

I have a few mates who are either working for some trading firms up in London. Picked up "Technical Analysis for Dummies" and "Trading for dummies". This is how my mate (who is now a working for a trader) started out.

All I did was read the book on the train and at work. The maths part isn't massively complicated, but understanding the Jargon is the hard part.

I have just ordered them

the housing market is in rebound at the minute
2 years worth of 1st timers saving up their deposits
2 years worth of buy to let investors sitting on cash

the housing market is very tricky right now
loads of people looking to get involved prices are up a bit and loads of demand for the cheap / right houses

2 years worth of no hope in getting a mortgage coupled with 2 years worth of job losses, no chance it'll get worse once interest rates go up

no i disagree
house prices have been going down after all
most new buyers
most investors
most people who don't have to move home

won't buy a house if they know they are gonna loose money
a little resevoir of buyers has been building up behind the dam and now prices have had 9 months of rises, confidence is back, and people who were gonna buy 2 years ago have had an extra 2 years to save cash up
the dams burst people are rushing in, supply less than demand hence the bounce
not everybody got sacked in the last 2 years there are still some people working

House prices have stabilised in some areas.
New buyers can sace squat on a joint earning as rental prices have gone up in certain areas and the interest rates on your savings are worth f all
Not many people investing in the UK

If there is a hung Parliament then whoosh downward spiral and rises in interest rates and all gains lost and more repo's

ahhhh I am most probs talking out of my arse....

I still think house prices are going to come down more yet. Sure we've seen a growth but this is down to the fact that building companies are offering part ownership schemes where by you own 50% and so does the builder.
Then there are the other schemes which have benefited first time buyers which are ending the end of this year.

If you take these two out of the equation I don't think there would be much of a rise if at all in house buying.

Now think about interest rates going up, more people unable to pay for mortgages more repo's.

Something really has got to give in the housing market, the median for full time wages in the UK is £25,123. The recommended borrowings for a mortgage are 2 - 2 1/2 times your wage, (62k). Now where on earth are you going to buy a flat/house in the UK with that kind of money? It's no wonder that we are being called the rent generation!

If you want to make a tidy profit, either start a Ponzi scheme, or try these for a quick buck:

I recommend shorting farm animals and taking options on big cats, particularly white tigers and snow leopards. Fill your boots!

I have a few mates who are either working for some trading firms up in London. Picked up "Technical Analysis for Dummies" and "Trading for dummies". This is how my mate (who is now a working for a trader) started out.

All I did was read the book on the train and at work. The maths part isn't massively complicated, but understanding the Jargon is the hard part.

Most of the people I know who got into quant work read

[ame="http://www.amazon.co.uk/Options-Futures-Derivatives-Prentice-Finance/dp/0136015867/ref=sr_1_1?ie=UTF8&s=books&qid=1268999033&sr=8-1"]Options, Futures, and Other Derivatives Prentice Hall Series in Finance: Amazon.co.uk: JOHN C HULL: Books[/ame]
[ame="http://www.amazon.co.uk/Mathematics-Financial-Derivatives-Student-Introduction/dp/0521497892/ref=sr_1_4?ie=UTF8&s=books&qid=1268999078&sr=8-4"]The Mathematics of Financial Derivatives: A Student Introduction: Amazon.co.uk: Jeff Dewynne: Books[/ame]
[ame="http://www.amazon.co.uk/Stochastic-Differential-Equations-Introduction-Applications/dp/3540047581/ref=sr_1_3?ie=UTF8&s=books&qid=1268999121&sr=1-3"]Stochastic Differential Equations: An Introduction with Applications Universitext: Amazon.co.uk: Bernt Oksendal: Books[/ame]

I love maths n shit, but that bottom one looks like the dullest book ever written.