malj1
26 Jun 2019
Re: hpi yet again Bank mortgage lending is+9% yoy over the last quarter, which is not a collapse, & against a backdrop of nil housing stock points to strong reaccelerating hpi. 10% for the year looks feasible. Berkeley a/c’s showed the usual superb cash generation, & this the specialist London/prime player!
SaraRacano
24 Jun 2019
Re: BAR / Woodford It´s OK by my standards! I am still smilling!
malj1
24 Jun 2019
Re: BAR / Woodford Sounds like Dover for the continent & Eastbourne for the incontinent. Ah the old jokes are the best … Not sure I count £230k property as ‘huge exposure.’ More importantly it’s made 6% cagr. before transaction costs, maintenance, wear & tear. Not my idea of a great return. If you repatriate the money into the EU, then the exchange rate flattens this & you’ll barely be keeping your nose above water. You’d have done far better investing in building co.s!!!
SaraRacano
23 Jun 2019
Re: BAR / Woodford The trick is to be a head of the game. The fall in the GBP hasn´t affected me that much. Stock markets & other financial indices are not reflections of what is happening in the real. Look at the French healthcare system which was once regarded as one of the best is now falling apart through huge cuts & demographics. Some huge problems within the EU, Italy, Portugal, France et al finances look frightening. Look at these bank SP´s, huge warning signs, just like in 08. Deutsche Bank, in real trouble. The failed merger is just another serious illustration. This could well collapse Germany. Debt across the board is a real a problem. As I have illustrated Tesco/Sainsbury work with debt that is 7x pre tax earnings, probably wide-spread across the FTSE 100/250. If UK house prices collapse like you say you´re going to see corporate meltdown. I think the taps are going to be fully turned on with QE, % rates again turned to 0%, currency wars. No regrets about buying physical gold. Western economies are dying economies the power is shifting to a younger south east Asian demographic! Look at the Russians/Chinese accumulating gold like there is no tomorrow!
Eadwig
22 Jun 2019
Re: BAR / Woodford SaraRacano: No regrets about buying gold, as I still think this will come good! The 2010´s were all about creating a more defensive portfolio, gearing up to the next crisis which is on the horizon. Gold was bought with a LR time frame, I never expected to make a profit out of it straight away. Well you’ve made a better return than if you’d kept your cash in the bank, and if you have enough cash and you’re all about preserving your wealth, then right now you’ve succeeded. Personally, I need to keep making cash, not just beating inflation, so my search for bull markets continues unabated. SaraRacano: Look matey, I have huge exposure to the UK housing market, I bought my house in Eastbourne, at the back end of 2013, for 160K now it´s worth apparently 230k, so that´s 60K hypothetical profit in less tha 6 years! Not forgetting all the rents I have recieved. Well quite. Shame the GBP is worth about 30% less in the same time period. A great shame, as I too have property in the UK. SaraRacano: I don´t live my life worrying about how much money I am winning or losing on financial indices. I live the moment. I don´t want to be a millionaire. Die with memories not dreams! It´s what you do with your money not how much you have! Well indeed. Why do you think I retired aged 34? However, you do need to earn a certain level to attain the freedom to do that and you then need to maintain that capital. Given that all my cash was in GBP when I retired 21 years ago, plus I swerved in my life path and started a family relatively recently, capital preservation wont quite do it for me. Looking forward to the big UK housing crash - I’ll be able to retire from the markets by the time the next cycle has played out.
SaraRacano
22 Jun 2019
Re: BAR / Woodford Look matey, I have huge exposure to the UK housing market, I bought my house in Eastbourne, at the back end of 2013, for 160K now it´s worth apparently 230k, so that´s 60K hypothetical profit in less tha 6 years! Not forgetting all the rents I have recieved. No regrets about buying gold, as I still think this will come good! The 2010´s were all about creating a more defensive portfolio, gearing up to the next crisis which is on the horizon. Gold was bought with a LR time frame, I never expected to make a profit out of it straight away. I don´t live my life worrying about how much money I am winning or losing on financial indices. I live the moment. I don´t want to be a millionaire. Die with memories not dreams! It´s what you do with your money not how much you have! I never, ever brag but I am sure there are millions who would envy my life, simply because there is no anxiety or stress. This woman & me share the same outlook on life.
Eadwig
21 Jun 2019
Re: BAR / Woodford malj1: Given the increasing & massive supply-need gap This is where you get a lecture on Supply and Demand and Supply and want … or ability to pay or some such nonsense. I can’t believe how many times I heard it on the BDEV board (oh I’m on it, hadn’t realised … no wonder HC is here!) I’ve actually forgotten his arguments that he was always posting throughout 2012-2016 as my posted live average holding of 101p went through tranche sales at 100%, 200%, 300% and 400% profit. All the while being told how I would lose money as people did in Ireland and Spain and that i should be buying GOLD. I might add that my Persimmon holding lasted longer and when combined with dividends my final tranche sale represented over 800% in profit over about 6 years. Those buys and sales were also posted live on these boards. Sorry to bring it all up again, HC, but even if I had never sold any PSN my average holding built up in 2010/11 was @407p against @1950p today plus @955p paid in dividends to date - with more timetabled to come. How much have you made on gold in the same time period? image.png608x558 63.4 KB Not really comparable is it?
Ripley94
21 Jun 2019
This just a momentum play? BDEV… XXXX All out of ( B ) now Second batch this morning @ 571p
SaraRacano
21 Jun 2019
Re: BAR / Woodford D7MbnrvXsAE-YIp.jpg1200x1179 123 KB
Ripley94
21 Jun 2019
Re: BAR / Woodford In truth Sara no you could not. Jack Dawson much more educated then myself by what he posts a nice chap id say . Soi again a smart guy ( like last-call a chart expert i think ) How long ago did i buy Dixons i have held for years , i think winny might of been positive a while back he being a bear might of made me top up . News yesterday made me look i thought of topping again, would of been better off i did now with hindsight. I do not think you will see yesterday mornings lows again . "treated with extreme caution your record looks atrocious at making correct " I posted strait after i bought SOLG two days back , not all losses . I just post my trades i do not advise others . Honest about myself and background . Honest enough to consider i am among the compulsive gamblers .
malj1
21 Jun 2019
Re: BAR / Woodford ‘Sad & Weird’ is it in a nutshell. My interest in observing SR/HCU is to see just how long the posts keep going, whilst the facts go totally in the opposite direction. A sort of mirror image canary in a coalmine. So long as SR/HCU claims ‘x’ I know the outcome will be ‘y.’ The day SR/HCU says UK housing looks good, that’s the day I’ll be scared & heading for the exit - there again pigs might fly. But after 2 decades of relentless money losing commentary one might think SR/HCU might want to get a life? Perhaps the next avatar should be Mini-Woodford. Meantime on planet earth the results from BRK y’day were extremely strong - a cash generative monster. London remains a world city & sooner or later this (notably prime central) comes back on stream. Given the increasing & massive supply-need gap at some point there will be a replay of hpi 09/10 onwards. So we’ll have to see a/ what the brexit outcome & date is & b/ whether BJ (on the assumption he’s the man) sticks with his proposal to scrap SDLT. If the latter then I’d expect UK aggregate housing transactions to increase 2/3 to ca 2m pa & prime to shift like hot cakes. Further y’day interesting to see Dunelm, down stream from housing, delivering a barn storming IMS.
SaraRacano
21 Jun 2019
Re: BAR / Woodford Ahh but if it isn´t me how do I get pictures like this? Instargam? Keep the conspiracy theories coming, I love them! 1012156_10153677869050405_709563919_n.jpg816x612 66.6 KB
frog_in_a_tree
21 Jun 2019
Re: BAR / Woodford a good bit of reseach on the Rancaño origin. There is also a West Ham connection judging from the strip of text on the avatar. As for “Hardcore’s harmless enoughâ€, s/he disseminates harmful anti-vaccination propaganda on this platform and maybe others and as such promotes harmful beliefs among the ignorant. People die because of this stuff. Frog in a tree
Boring_Bernie
21 Jun 2019
Re: BAR / Woodford Eadwig: Hardcore lives in Spain, is always promoting gold and always predicting the crash of FIAT currencies and the UK housing market. Judge for yourselves … Hardcore’s harmless enough, a bit sad and weird, but who am I to talk ! Anyone that takes him seriously shouldn’t be investing money on the markets. The real Sara ( Rancano ) as opposed to Racano, is probably amused that he’s lifted some of her pics from the internet. [link] m.facebook.com Sara Rancaño Sara Rancaño is on Facebook. Join Facebook to connect with Sara Rancaño and others you may know. Facebook gives people the power to share and makes the world more open and connected.
Eadwig
21 Jun 2019
Re: BAR / Woodford Boring_Bernie: “Sara†used to post as Hardcore Uproar - but got banned He’s just lifted a pic of a minor Spanish celeb of the internet for his avatar. Hardcore lives in Spain, is always promoting gold and always predicting the crash of FIAT currencies and the UK housing market. Judge for yourselves …
