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I had a similar problem today. I had given 7 days notice for withdrawal but when I tried to transfer some funds this morning I got a message telling me that I needed to give notice of withdrawal. So I called customer service and it turns out that the notice expired at midnight last night (7...

Hi Brendan, I disagree. Duplex left me in no doubt as to the extent of the credit crunch he expected. Even in March 2006 he was spot on. http://www.askaboutmoney.com/showpost.php?p=189706&postcount=2 From March 2006 on this site:

Hi Brendan, Much of this was predicted in the infamous "public sentiment" thread on askaboutmoney. The credit crunch was predicted by a number of posters, including Duplex here in September 2006. http://www.askaboutmoney.com/showpost.php?p=286303&postcount=5060

If either of these programmes (Future Shock or Primetime) save even a few first time buyers from setting off at this time on the zombie like shuffle towards a possible financial nightmare then it's a good thing. Maybe a few more people at least will be aware of the very real risk they take on...

I wouldn't be so sure, I don't think people are likely to invest in anything when they're very worried or struggling with their primary investment in their home.

Re: Owning your home is the most important financial objective of everyone (Buy vs. R Hi Brendan, No, I'm not missing the point. The reference to repossession was made with regard to losing your investment should you fail to make payments, nothing to do with security of tenancy. It is...

Re: Owning your home is the most important financial objective of everyone (Buy vs. R Relying on the inefficiency of a legal process to protect you when assessing investment risk is not a good idea in my opinion. I do not think it's appropriate to advise first time buyers to assess risk...

How is this not a house price discussion? Both of your outcomes are highly unlikely. Now is definitely not a good time to buy, it's impossible to explain why without starting the whole debate again.

Re: Owning your home is the most important financial objective of everyone (Buy vs. R Why would a stockmarket fall affect my ability to pay rent? Here's where I have a real problem. We know that financial institutions have the capability to repossess if borrowers fall behind with payments...

Re: Owning your home is the most important financial objective of everyone (Buy vs. R Not really, I was simply reversing one of your scenarios so you may think it's confusing but includes the same issues that you raised here: My point was that you could end up in negative equity and lose...

Re: Owning your home is the most important financial objective of everyone (Buy vs. R You may not be able to attract the same level of rent with the rent-a-room scheme compared to rental sharing. Friends of mine that have used it on both sides of the deal and say that many tenants do not like...

Re: Owning your home is the most important financial objective of everyone (Buy vs. R Neither is the situation common where someone has borrowed €500,000 to invest in the stockmarket which subsequently collapses while their rent doubles and the bank gets on their case. So you would be in the...

Re: Owning your home is the most important financial objective of everyone (Buy vs. R Domestic situation may not allow rent a room or property could have been purchased with rent a room included from day one. Restructuring the loan might delay the problem but I'm still not going to have...

What if I buy a home for €500,000, it then falls to €400,000 and interest rates rise to 8%? I might not be able to afford to keep my home, a truly devastating outcome. This scenario is just as likely to occur as the stockmarket collapsing and rental costs doubling in ten years. Another...

By the same token, it would not be devastating if having taken the equities route, stockmarkets subsequently fall for a time, as long as they continue to service their loan repayments. Why do they have to get onto the housing ladder? If they buy equities and their value falls, at least they...

Where do these numbers (400k & 500k) come from? What about the scenario where house prices fall while stockmarkets rise? That would be devastating for the home buyer.

I usually start with company reports which are often available online. Most European companies have a version available in English. If I like what I see, I'll call the investor relations contact and run through a pre-prepared list of questions. Smaller companies are usually far more helpful...

Yep, as I said, I don't think it's cheap but not overly stretched. With regard to the Hussman link, I wasn't referring to forward operating earnings. Of course I use price/earnings/growth when making an investment decision but that's on an individual company basis and as I mentioned...

That's the reverse of the way mo3art described them. Also, I don't understand why a valuers opinion of what a property is worth for financial/legal purposes would be any different to what it's worth on the market.

Why are they different?