RBS look pretty doomed! - Page 2

Belmit · 11-10-2008, 14:39

Quote:

Originally Posted by LeperousDust

Hmmm what about me then? I don't have a mortgage, but i have spare money (kinda) flying around already. Where did you read around MB? I'm intrigued by this since i missed out on the last HBOS round

. Also after learning that banks merely just "make" money i feel they're in an even stronger position

.

I'd like to know too as I'm in the same position. Would I just be better off putting it straight into my ISA? I try to put the full amount in each year but this year I've yet to put any in at all.

Matblack · 11-10-2008, 14:38

Try www.iii.co.uk

MB

Matblack · 11-10-2008, 14:41

It would be more secure to put it on a managed share ISA and at this point of the market is would probably do quite well, dumping it all in a single bank which may or may not be a good idea

MB

LeperousDust · 11-10-2008, 14:47

Essentially then the ISA is guaranteed growth, but the bank has more risk with more gain involved and the possibility of it going *** up?

Matblack · 11-10-2008, 15:01

The trick is to remember that NO ONE can second guess the market, people can make educated guesses but no one KNOWS what it is going to do. At the moment the market is lower than it has been but that doesn't mean it won't go lower and it doesn't mean it will recover to the levels it has been at for a long time possibly ever.

By taking a diverse portfolio through a managed product you spread your risk which means you won't make or lose as much as you could if you bought one share but you'll win over all if the market goes up generally.

The trick is always not to invest what you can't afford to lose.

MB

LeperousDust · 11-10-2008, 15:09

Signed up but they send your tempory password by snail mail so i won't get it in time for monday obviously anyway. About investing what you can't lose essentially its just betting really just not on horses/football/dogs...

11-10-2008, 14:38	#2
Matblack Baby Bore Join Date: Jun 2006 Location: Svalbard Posts: 9,770	Try www.iii.co.uk MB __________________ "we had roots that grew towards each other underground, and when all the pretty blossom had fallen from our branches we found that we were one tree and not two"

11-10-2008, 14:41	#3
Matblack Baby Bore Join Date: Jun 2006 Location: Svalbard Posts: 9,770	It would be more secure to put it on a managed share ISA and at this point of the market is would probably do quite well, dumping it all in a single bank which may or may not be a good idea MB __________________ "we had roots that grew towards each other underground, and when all the pretty blossom had fallen from our branches we found that we were one tree and not two"

11-10-2008, 14:47	#4
LeperousDust Bananaman Join Date: Jul 2006 Location: Liverpool/Edinburgh Posts: 4,817	Essentially then the ISA is guaranteed growth, but the bank has more risk with more gain involved and the possibility of it going *** up? __________________

11-10-2008, 15:01	#5
Matblack Baby Bore Join Date: Jun 2006 Location: Svalbard Posts: 9,770	The trick is to remember that NO ONE can second guess the market, people can make educated guesses but no one KNOWS what it is going to do. At the moment the market is lower than it has been but that doesn't mean it won't go lower and it doesn't mean it will recover to the levels it has been at for a long time possibly ever. By taking a diverse portfolio through a managed product you spread your risk which means you won't make or lose as much as you could if you bought one share but you'll win over all if the market goes up generally. The trick is always not to invest what you can't afford to lose. MB __________________ "we had roots that grew towards each other underground, and when all the pretty blossom had fallen from our branches we found that we were one tree and not two"

11-10-2008, 15:09	#6
LeperousDust Bananaman Join Date: Jul 2006 Location: Liverpool/Edinburgh Posts: 4,817	Signed up but they send your tempory password by snail mail so i won't get it in time for monday obviously anyway. About investing what you can't lose essentially its just betting really just not on horses/football/dogs... __________________