Re: Stock market value evaporation.
- From: neil@xxxxxxxxxxxxxx
- Date: 16 Jun 2006 00:35:52 -0700
WHERE does all this money go. Does it go somewhere?.
Errr...., maybe into the accounts of those who can sell out at the
right time, and buy back cheaply later....
BIG BEN wrote:
All these stocks on the Worlds stock markets, loosing tens of Billions of
Pounds.
All over in Japan. the US, Germany all over the place.
WHERE does all this money go. Does it go somewhere?.
Just evaporates into thin air!.
AS if it wasn't there at all.
Put your money in a nice building soc account.
A nice variable rate one to cash in on the national 5% base interest rate
we'll have within 6 months.
a good 0.5% increase.
Forget houses as an investment too.
Instant access 5.10% like the Coventry "first" account. they promise 0.6%
above the base rate for 12 months. Quids in!.
Why risk it.
I was going to get £40,000 of BT shares a while back when they were at 400+
They soon went down to 250. With calls for chairman to be hung.
We are in for a bumpy ride.
.
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