I'm pleased to confirm that I understand that at times our share valuation will fall into negative. Furthermore, I shall continue to invest all of my cashback into the imutual Cashback Investment Club.William Joseph1 wrote:I notice that thunderfrog has not boasted about making a profit recently.
Boro Boy wrote:It always strikes me that iMutual is the home of sarcasm.
If a house fell in price (when the general housing market fell) there would be a queue of people wanting to buy it as they would no doubt think it was going cheap!
Your facts may be true but I'm sure that you can still see it was an example: people still buy in a falling market - it's cheaper!cccashbacklover wrote:Boro Boy wrote:It always strikes me that iMutual is the home of sarcasm.
If a house fell in price (when the general housing market fell) there would be a queue of people wanting to buy it as they would no doubt think it was going cheap!
That may be true if was just an individual house being sold cheap for example at Auction.
"General Housing Market" falls in prices are usually caused by lack of buyer confidence/lack of buyers, recession/job losses/high Interest rates/fears of much higher Interest rates in these instances it is a lack of buyers which cause such general falls in house prices, the houses are actually hard to sell let alone queues of people wanting to buy as people who can buy would wait hoping for further house price falls.
Boro Boy wrote:It always strikes me that iMutual is the home of sarcasm.
You confusing 2 different thingsBoro Boy wrote: If a house fell in price (when the general housing market fell) there would be a queue of people wanting to buy it as they would no doubt think it was going cheap! Shares have generally out performed the house price index over time so what's your worry? There should be a queue of people wanting to buy as the shares are going cheap in general terms.... There must be some lack of understanding. Make hay while the sun shines and allow for the passing of time; an important factor.
Users browsing this forum: No registered users and 38 guests