Re: So, forum financial gurus...

by skully Fri 01 Aug 2014, 02:38

Are there property funds that buy and sell caravan parks?? Or are you suggesting actually purchasing caravan parks? columbo

by horace Fri 01 Aug 2014, 04:46

I expect some property funds would invest in freehold caravan sites....the smart thing to do is to buy near the urban fringe fill it with cheapo dongas and vans and lease to people unable to afford living in the city (preferably your site is near a cop shop!)....eventually the Libs will change their metropolitan planning schemes and you can evict the tenants and sell the land for housing....

by JGK Fri 01 Aug 2014, 05:27

horace wrote:I expect some property funds would invest in freehold caravan sites....the smart thing to do is to buy near the urban fringe fill it with cheapo dongas and vans and lease to people unable to afford living in the city (preferably your site is near a cop shop!)....eventually the Libs will change their metropolitan planning schemes and you can evict the tenants and sell the land for housing....

No. The best ones are near the beaches where cashed up bogans can afford to pay extortionate fees to relive their childhoods.

by horace Fri 01 Aug 2014, 05:33

ROFL.....up-market parks filled with Winnebago bogans, Winfields, whisky and aged care nurses?...cocoa, colostomy bags and cocnut oil..... What a Face

by skully Fri 01 Aug 2014, 11:56

So, forum financial gurus... - Page 20 ImageChart

Just a hiccup, or a prolonged "correction" coming up?

by Merlin Fri 01 Aug 2014, 12:12

horace wrote:ROFL.....up-market parks filled with Winnebago bogans, Winfields, whisky and aged care nurses?...cocoa, colostomy bags and cocnut oil.....

Add "cigars" and it's right up your street Horatio!

To Skulls -
Hopefully a hiccup, though the pundits on this side say it could be a long drawn out process, market corrections
taking place - sure ... but the mainstream long term problems are Gaza and the blacklisting of 5 Russian banks by the EU,
together with the various other "embargos" currently in the EU pipeline against Vlad Putin.

They're expecting the Great Dictator to react to the EU measures - but the trouble is they don't know from which direction
the reaction will materialise.... Oil, Gas, Metals etc .... or what form they'll take.

by skully Fri 01 Aug 2014, 13:32

Cheers Merls.

by skully Fri 01 Aug 2014, 13:34

Bumped again in a reverse-woof attempt.

by skully Wed 27 Aug 2014, 07:31

by JGK Mon 01 Dec 2014, 05:48

Carnage over the last few days.

Down 2% today. Cheap energy stocks all round at the moment.

by skully Mon 01 Dec 2014, 06:03

Got out 2 months ago at 5400. cheers

by JGK Mon 01 Dec 2014, 06:45

You could have got out at 5400 last week!

by skully Mon 01 Dec 2014, 07:19

I could've got out at 5600 in August!!!

by Merlin Mon 01 Dec 2014, 10:49

The continuing drop in oil prices (and the reluctance of OPEC to stem the downward spiral)
is what's kicked off this steep decline in the stock market.

No longer are the horny bulls keen to buy the drop (as the bears rake it in) as the REAL physical oil market takes a grip - Fact : there's a shed load of physical oil (not the paper/swaps variety), surplus to needs or requirement, that's been floating around for the past 6 months ... and until that's been taken up (and it could take awhile) - tighten your belts if you are long in any market!

At the pumps however, things are looking up and petrol's expected
to nudge £1.15/litre by the New Year.

Huzzah! cheers

by embee Mon 01 Dec 2014, 13:05

is that a price drop Merlo?

price has been $1.40 to 1.50 in woztralia for ages ...until Abbott put a great big new excise on it ...and it dropped into the $1.20s

by Merlin Mon 01 Dec 2014, 15:58

Yes it is MB.
We've been as high as £1.38 for a litre of Reg Petrol ... but the price has steadily dropped over the past 6 months ... the supermarkets first led the way with reductions which then forced the majors to follow suit. Nowhere to hide now!

Oil is (almost) in free fall ... till crude reaches $70/barrel that is ... when OPEC are expected to step back in to support that level ... so £1.15/litre and possibly lower here in the UK is on the cards.

by JGK Tue 02 Dec 2014, 00:00

Gold stocks flying today.

by skully Tue 02 Dec 2014, 01:25

Like blood to your penis?

by Bradman Tue 02 Dec 2014, 02:55

I've had shares in a junior gold miner sitting in a drawer for about 15 years. I should've invested the same amount in gold itself.

by Merlin Tue 02 Dec 2014, 09:38

~~Gold~~ Viagra stocks flying today.

skully wrote:Like blood to your penis?

Fixed

by JGK Mon 22 Dec 2014, 05:43

I'm lovin' the Santa rally...

by Merlin Mon 22 Dec 2014, 13:20

Petrol down to £1.10.9 per litre now ... 22 Dec.

The RAC calling a sub £1/litre after Jan 1st ...
.... the AA disagree by 2 pence (£1.029) !!

PS - WhyTF is it always .9 of a penny?
Why not just round the bloody price up!

by Bradman Mon 22 Dec 2014, 18:59

Psychology mainly. One it doesn't look like as bad as the rounded figure, and the maths involved in calculating mentally an unrounded figure defeats most people and has the same effect as one.

by skully Mon 22 Dec 2014, 21:52

Jayzus. Filled up yesty at $1.13 per litre. Never thought I'd see that level for juice again. Strange times. Shocked

by Bradman Mon 22 Dec 2014, 22:03

skully wrote:Jayzus. Filled up yesty at $1.13 per litre. Never thought I'd see that level for juice again. Strange times.

Had to fill up yesterday at $1.48. And that was in a regional centre not in the middle of nowhere.

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