Beat the Depression Blues! (21)
This isn't some kind of scam........I just wish to share and exchange opinions about a very serious subject - ok? 
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rusty_knight: This isn't some kind of scam........I just wish to share and exchange opinions about a very serious subject - ok?
I´m all ears!
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Goddess4u: I´m all ears!
I'm all mouth!
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I'mm all thought.
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Paradox67: I'mm all thought.
Thinking is good...... thought should precede action!
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Come on guys, lets do it!
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Goddess4u: Come on guys, lets do it!
Do what?
Think?
Action?
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rusty_knight: Do what?
Think?
Action?
Think?
Action?
all of the above = to make some money, silly - how we gonna do it
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Goddess4u: all of the above = to make some money, silly - how we gonna do it
Agter my father died in August last year I lost over £1,000 (way over $1,000) EVERY DAY for well over 100 days - then I decided to do something about it - and I did.....and have since more than made up the loss!
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I have to say I was quite scared, but refused to panic - it's been very hard work to recover from a very frightening financial blow............ and my heart goes out to those who feel that their lives have 'ended' because of the greed of other people.
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I think this depression is here to stay.
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Witchaywoman: I think this depression is here to stay.
Naughty girl!
Your glass is a quarter full, dammit!
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rusty_knight: Ouch! Did it hurt?
I'll thay tho!
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ladyfingers: I'll thay tho!
You're a star!
Let me give you a money-making tip - gratis!
I hope to buy 5,000 euros face value of a bond that pays 8.16% and matures on 23rd March 2010 - i.e. you get back the full face value. in this case 5,000 euros.
The bond is 8.16 Standard Chartered 2011 EUR and the bid price today was 63 cents to the euro (that's the price I'd get if I were selling).... I will pay a maximum of 70 (the offer price) which will cost me 3,500 euros.
The total cost will include one month accrued interest of 34 euros plus 1% commission - so I should pay out a maximum of 3,500 + 34 + 35 and get back 408 euros interest plus 5,000 on 23rd March 2010 - you can work out the return over 11 months (hint: it's over 50%!)
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Rusty I would seriously like to read anything you have to say on the matter as I have an interest in what you have to say for my sons sake
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Mercedes1: Rusty I would seriously like to read anything you have to say on the matter as I have an interest in what you have to say for my sons sake
It's a serious business............ bonds are far 'safer' and less volatile than shares, but in this crazy market bonds have been acting more like shares - there is NOTHING totally risk free, but there are some amazing bargains going - in the 1930s 10% of bonds 'defaulted' (i.e. they didn't pay up - I reckon if 20% default this time I'll still make a bundle...... deo volenti - that's Latin for 'Awful Mercurialness willing'!).
Many good bonds have been traded at a huge discount NOT because they are crap but because they are 'distressed' because the bond holders have had to sell to meet liabilities 'elsewhere'.
I bought some bonds for 15.5% of their face value on Friday, 13th March 2009 - if I sold them now I'd get 36% of their face value which is totally crazy.... but that bond is a 'perpetual' and will give me a good income for life so no way will I sell any of them!
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Mercedes1: Rusty I would seriously like to read anything you have to say on the matter as I have an interest in what you have to say for my sons sake
then I write summat and I get ignored!
Sheesh!
Hey - on Sunday, 24th May I'm going to do a fundraising thingy for the Society for the Prevention of Cruelty to Animals....... do women count?
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Rusty knight....rusty,water on steel,knight armour steel again,water on steel rusty... I P Knightly...famous English author...can't rememeber what he wrote but he made some money Iam sure ,otherwise I would not know his name...Something to do with bedsprings... I'll follow up on this and do a tenfour....over and out "Dubber Rucky"
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rusty_knight: then I write summat and I get ignored!
Sheesh!
Hey - on Sunday, 24th May I'm going to do a fundraising thingy for the Society for the Prevention of Cruelty to Animals....... do women count?
Sheesh!
Hey - on Sunday, 24th May I'm going to do a fundraising thingy for the Society for the Prevention of Cruelty to Animals....... do women count?
I was pottering getting ready for work
I will copy and paste your reply to show my older sons
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Created: Apr 2009
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Any volunteers, please, to start a 'Beat the Depression' Group?
I have to admit that I am totally gobsmacked by my good fortune over the past few weeks and months........... I know very little about 'investments' in general, but have a good mathematical brain (including some knowledge about such stuff as 'probability').
I read that it made sense to get a good mentor - and I have been lucky enough to have found such a person........... I'd like to share and discuss my views on how to take advantage of the horrible mess the world is going through right now so that when this global recession/depression is over in a few months (years?) we'll be able to really reap the benefits!
Making money is a rather dry and boring subject for most people (especially if you are only interested in lust and love in a singles site) - but remember that if you really love somebody you want the best for them, and money does NOT grow on trees!
Wishing you all future prosperity.....................