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The National Lampoon Celtic Tiger years.....

  • 18-01-2011 11:11am
    #1
    Morrisseeee
    Registered Users, Registered Users 2 Posts: 5,146 ✭✭✭


    While looking at a 'Prize Bond' thread today, there was an interesting post (back in 2008)
    wrote: »
    Freebird, put €5,000 on Bank of Ireland shares. Now get them at €9.21 - down from a high of €18.50 last year. Never a better opportunity to buy them than now - Dividend around 6% but should hold for minimum 5 year period.

    As safe as a punt on the stock market can be.

    I bought €10,000 worth before the crash at €13.50 - not a bad drop considering the unforeseen crash so should gradually get back to that level no problem.

    BB
    about getting advice !!! :eek:
    So.......I clicked on <snip> to see if he had other 'advice', but no............something happened, there was a 'big bang' and......oh dear, it now looks like HE's looking for advice :eek:
    wrote: »
    Hi all,

    Myself and my partner owe €700k regarding my house, an apartment, another house and a small place abroad (my house debt is 40% of the total owed)

    These were bought in the good times and although are manageable when working, my partner has fallen pregant and struggling to get employment at the best of times.

    It is likely we will not be able to pay half of these mortgages in a few months.

    We could go interest only on all the debt (we are currently interest only on €500k) but even that will be tough when interest rates rise.

    We are considering handing back the keys and my partner will look for rent assistance when unemployed. We are curious to what the implications of these actions are. Paying back the debt over the next 30-40 yrs is not something I would like to sign up to especially with people owing 10 times more than even paying interest.

    - disgruntled -

    Well, I can honestly say I have ZERO sympathy for Mr Celtic Tiger above, and I think it sums up those 'National Lampoon mad years'...........awesomely :cool::p


Comments

  • #2
    FatherLen
    Registered Users, Registered Users 2 Posts: 3,808 ✭✭✭FatherLen


    naming and shaming?


  • #3
    orourkeda
    Closed Accounts Posts: 17,918 ✭✭✭✭orourkeda


    Billy Bob just made my day.


  • #4
    OutlawPete
    Closed Accounts Posts: 17,689 ✭✭✭✭OutlawPete


    TOGA! TOGA!


  • #5
    RonMexico
    Closed Accounts Posts: 2,916 ✭✭✭RonMexico


    So he made some foolish decisions and is now up **** creek. How very entertaining...

















    ...not really. The stress of that is a terrible thing.


  • #6
    phasers
    Registered Users, Registered Users 2 Posts: 18,159 ✭✭✭✭phasers


    Fairly sure you cant use someone's posts without their permission like that.


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  • #7
    bonerm
    Closed Accounts Posts: 8,595 ✭✭✭bonerm


    OutlawPete wrote: »
    TOGA! TOGA!

    ♫ Holiday Road ♫


  • #8
    Dymo
    Registered Users, Registered Users 2 Posts: 1,565 ✭✭✭Dymo


    This is just typical, Irish people just love gloating over other peoples misfortune.


  • #9
    biko
    Registered Users, Registered Users 2 Posts: 81,220 ✭✭✭✭biko


    Reminds me of "640K ought to be enough for anybody".

    Making fun of a members advice in another forum isn't really nice is it?
    How about you start the thread over there and see how it goes.


This discussion has been closed.
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