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Post by Deleted on Nov 23, 2017 17:18:10 GMT
just remember has been falling against the main basket of international currencies since 1945.  so if you are going to be in cash avoid £ |
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Liz
Member of DD Central
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Post by Liz on Nov 23, 2017 17:25:53 GMT
Big defaults, increasing debts, platforms losing millions each year. The stack of cards will fall down. Same will happen with Bitcoin. You sound like fun to be around  If you believe the above, then you really should be in cash because stocks will be hit hard too. I do believe that we do have a lot of bubbles that will pop, but I would rather be in what I believe to be the "better" p2p loans than earning negative real returns from cash.
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kaya
Member of DD Central
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Post by kaya on Nov 23, 2017 18:20:53 GMT
Naughty boy, fear mongering like that.
You shall take your cod liver oil and go to bed immediately!
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agent69
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Post by agent69 on Nov 23, 2017 18:30:40 GMT
Fortune favours the brave. A fool and his money is soon parted. Take your pick. Fear triumphs over greed PS what happens to a fool and her money?
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hazellend
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Post by hazellend on Nov 23, 2017 18:41:39 GMT
A fool with a short term view and his/her money are soon parted.
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blender
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Post by blender on Nov 23, 2017 19:21:07 GMT
Fortune favours the brave. A fool and his money is soon parted. Take your pick. Fear triumphs over greed PS what happens to a fool and her money? All fools are male. (Trying a reverse sexist comment)
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jonah
Member of DD Central
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Post by jonah on Nov 23, 2017 19:29:43 GMT
Fear triumphs over greed PS what happens to a fool and her money? All fools are male. (Trying a reverse sexist comment)
Well, “fou” is according to google, the French for fool and it is masculine. Which I guess proves your point! 
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keith
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Post by keith on Nov 23, 2017 19:33:10 GMT
Am I to understand it that the original poster suggests that we fou le camp from p2p?
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Liz
Member of DD Central
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Post by Liz on Nov 23, 2017 19:35:03 GMT
Fear triumphs over greed PS what happens to a fool and her money? All fools are male. (Trying a reverse sexist comment)
As long as you don't say "All men are fools" then you will be OK.
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Post by Deleted on Nov 24, 2017 9:37:41 GMT
Since 2007 I have seen warnings every month or so that
"the bubble is going to burst"
I agree it will,
but like stock market timing, I think the timing will be off, experts will not spot it and jumping out of one frying pan into another frying pan makes little sense.
What do we know; Brexit is going to be messy, Russians will muck about in world wide politics and Global warming is a crisis, everything else is just noise.
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blender
Member of DD Central
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Post by blender on Nov 24, 2017 11:05:21 GMT
Ten years of stagnation caused by the 'global economic crisis' followed by another ten years of stagnation caused by Brexit. Yes, turkeys do vote for Xmas.
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Post by funtimedave on Nov 24, 2017 13:12:07 GMT
Life is hard eh
Some people say - don't leave it in cash you are loosing money to inflation
Some people say - don't invest is Shares it is all going to come crashing down very soon
Some people say - don't invest in Bitcoin - it is the tulip situation all over again - it will come crashing down
Same people say - don't invest in P2P - the bubble has burst - it is all going to go wrong - everyone will default
What is a person to do ?
My strategy is diversify across them all - and trickle feed into Stocks & Shares - if it all goes wrong then I can still afford to invest and not have to withdraw.
I hear people say you should possible hedge by buying into Gold but I am completely ignorant in this area - anyone care to explain why or if it is worth buying gold / silver?.
History over 30 years definitely suggests there is going to be a recession and some 'correction' - when and what to do I am trying to learn about
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