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-   -   International meltdown (http://www.oople.com/forums/showthread.php?t=14730)

Lee 07-10-2008 03:34 PM

International meltdown
 
It sounds like a pizza, but its actually the banking system :thumbsup:

Anyone else got money tied up in RBS? they have lost 55% off their shares in 2 days :o

It's turned something very boring into something quite exciting and its like gambling in a way, where to put your money.

I think RBS shares could be a good buy soon if you have some cash to spare ;)

losixxx 07-10-2008 04:10 PM

Quote:

Originally Posted by Lee (Post 166423)
It's turned something very boring into something quite exciting I think RBS


for you maybe but for the people who have lost job's i doubt very much they think it exciting!:thumbdown:

Spoolio 07-10-2008 04:33 PM

Quote:

Originally Posted by Lee (Post 166423)
I think RBS shares could be a good buy soon if you have some cash to spare ;)

Yeah, but just beware. We were all going to buy a shedload of HBOS shares at work but none of us could get through to a dealer (funnily enough they were all busy "due to a high volume of calls"), then the next day voila, they'd have been worth feck all so you can still lose out. Just ask someone who'd thought it was a great idea to grab a stack of Bradford & Bingley shares when they were at about 20p :thumbdown:. Even having 20p in your pocket is better than nothing.

Lee 07-10-2008 04:38 PM

Quote:

Originally Posted by losixxx (Post 166434)
for you maybe but for the people who have lost job's i doubt very much they think it exciting!:thumbdown:

I meant the banking world, as in finances, people losing jobs is not funny or exciting. I have money tied up in rbs and i have been told i can only withdraw a certain amount, so i am also papping my pants :)

Spoolio: agreed, but there is also a lot to be made at times, a few of us all bought hbos shares the other week and did ok on it ;)

losixxx 07-10-2008 05:04 PM

Quote:

Originally Posted by Lee (Post 166440)
, a few of us all bought hbos shares the other week and did ok on it ;)

bet your ex and her solicitor will be rubbing there hands knowing that:D

Lee 07-10-2008 05:50 PM

if they were bought in my name she would be :woot:

bigred5765 07-10-2008 06:38 PM

even worse the Bradford and bingley share's we had. we cashed in 2-3 months ago but my dad didn't,he has just found out there not even worth the paper there written on.

wheelspin 08-10-2008 06:43 AM

quote=losixxx;166455]bet your ex and her solicitor will be rubbing there hands knowing that:D
[quote=Lee;166469]if they were bought in my name she would be :woot:

Did you ever consider that all your rc gear that got nicked a while back may not have in fact been stolen.. Its looking like your ex prob sold it all off as a pre maitenance payment . I think you did say a lot of other stuff in your garage wasnt touched only your rc gear by someone who must have known what it was... or what it meant to you
1-0 to the lady :D:D:D

Lee 08-10-2008 08:20 AM

:woot:

She could have but it would of had no benefit to her, its not like she could have moved it on easily as both my cars were unique in small ways and a lot of people knew that :thumbsup:

Anyway, today i will be mostly watching RBS and nexen shares :thumbsup:

Lee 08-10-2008 12:30 PM

Did anyone know that they did £100 notes in scotland, i thought the fella was joking when he said he had them.

Anyway RBS are limiting people to a maximum withdrawal of £3500 up here. So something is up :o

rcracer 08-10-2008 12:42 PM

Quote:

Originally Posted by Lee (Post 166775)
Did anyone know that they did £100 notes in scotland, i thought the fella was joking when he said he had them.

Anyway RBS are limiting people to a maximum withdrawal of £3500 up here. So something is up :o

I aint even got £3.50 in my bank :cry:

stegger 08-10-2008 12:43 PM

1/2% decrease in the interest rate, i wonder how long that will take if ever to come off our mortgages:confused:

Lee 08-10-2008 12:44 PM

my fixed rate ends in december, i am shatting my pants :woot:

James 08-10-2008 12:45 PM

We put some cash into the Natwest (who are owned by RBS) the other day and the said they were struggling to cope with the amount of cash coming in that day (bit of a panic on by the public) so they shouldnt be short of any :confused: .. odd

stegger 08-10-2008 12:54 PM

Quote:

Originally Posted by Lee (Post 166779)
my fixed rate ends in december, i am shatting my pants :woot:

We took the hit on our's when it finished last month :o £120 increase, but it still worked out cheaper than transfering it to a new mortgage. Setup fee's were crazy:woot: if this interest cut comes through it will save £50 which can go on model cars:thumbsup:

Kecky 08-10-2008 12:58 PM

I think mine is due up soon too :thumbdown:

jimmy 08-10-2008 12:59 PM


James 08-10-2008 01:00 PM

Don't tell them your name Pike...

Lee 08-10-2008 01:03 PM

RBS has lost 60% of its value over the last 2 days, supposedly all the money has been going to germany and ireland because of their guarantees, and also into offshore accounts/safe havens.

Lee 08-10-2008 01:13 PM

Mortgage wise i think ill be ok, i paid a chunk of it off the other week, so once my fixed rate is up i think it goes to 1.5% above the base rate which is what im paying anyway.

if it is 2.5% above though i would have to pay an extra 384.82 per month :o


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