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  • Peer to Peer Lending

    80% return for 26 weeks

    (28-04-2014 08:20 AM)Jonathan Clarke Wrote:  
    (28-04-2014 07:52 AM)daniel_booth Wrote:  Can't work it out for the life of me, maybe you're right and it is genetic?

    and that go faster stripes really do make a car go faster!

    Wow that what I have been doing wrong all these years I thought it was blue lights that made the car go faster!!! (same blue lights that the starship enterprise uses when going into warp speed)

    Russ
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    Russell Armstrong
    Director of Integrated Interiors Plumbing & Repairs Ltd
    www.iiplumbing-services-derby.co.uk
    Spookily similar to me, I'll argue with my girlfriend if she wants to buy Heinz instead of Sainsburys Basics beans, but with cars I insist on BMW.

    But I suppose the difference is there's nothing wrong with the flash cars if can afford it, all about delaying gratification until that time comes which is the bit financially illiterate people forget.
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    (28-04-2014 08:39 AM)daniel_booth Wrote:  Spookily similar to me, I'll argue with my girlfriend if she wants to buy Heinz instead of Sainsburys Basics beans, but with cars I insist on BMW.

    But I suppose the difference is there's nothing wrong with the flash cars if can afford it, all about delaying gratification until that time comes which is the bit financially illiterate people forget.

    Exactly - tescos value range is the best or budgens supa value food
    I used to work in a bread factory for a short while.
    Same loaf - different wrapping and 30p difference in price.
    Its a con

    But we differ with cars . My car is 9yrs old and falling apart. I`m scared of showrooms.
    My Dad delayed his gratification all his life and my mums the same now.
    Its in my genes.
    Maybe i`m just a defective human being :-)
    .
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    Jonathan Clarke. http://www.buytoletmk.com


    I should buy an older slower car really, that way I'd stop getting points on bloody licence.

    But sod it, got to enjoy my only luxury!!
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    I enjoy reading your comments Jonathon - always so to the point.

    I am not too sure about it being in the genes as I have a brother who would squander any penny he gets, My brother is not capable of taking any kind of advice and would not even begin to understand this property thing I do. His way of thinking is it all comes to you and cannot understand why he has absolutely nothing. I am the complete opposite, work hard for a living, always looking for the next property.

    After being well and truly burnt in the past I have learnt the hard way. I would steer clear of this company offering the 80% return in 26 weeks. I would be looking at a BTL with the £20,000 instead.
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    Following the theme...

    I am all for trying to educate people and prompting them to keep their eyes open.

    Some will not listen so they deserve the results of their decisions.

    I was speaking with an accountant. They wanted to invest in a scheme that was tied to trading FX. it would return 2% ot 6% a week and was rumored to be pretty consistent. When I took the accountant through the math, the returns could not be sustained as the amount being invested became larger. It comes down to the math and not much else.

    The accountant agreed with the problem in terms of compounded returns. They then suggested they invest and see how it works out. Something about being able to earn back their cash so they were not concerned how real or legal things were after they earned their money back.

    I suggested that they make their own decision and report back in 6 months. I never heard about the investment again.
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    John Corey 


    I host the London Real Estate Meet on the 2nd Tuesday of every month since 2005. If you have never been before, email me for the 'new visitor' link.

    PropertyFortress.com/Events

    Also happy to chat on the phone. Pay It Forward; my way of giving back through sharing. Click on the link: PropertyFortress.com/Ask-John to book a time. I will call you at the time you selected. Nothing to buy. Just be prepared with your questions so we can use the 20 minutes wisely.


    Hi I have been reading these posts for a number of months now. I am also a property Assets investor and have £20k tied up in one property. I met with The Home Trader group back in September last year in the first week meetings were offered by Brendan. I have tried to play nice on the basis this might be the best way to get my money back. Unfortunately as I write this not a thing has changed. I would be interested to hear back from anyone taking legal advice / action to see if there might be a group I could join rather than go it alone. or could anyone recommend a company that might be able to help.

    All replies appreciated.
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    Oinky

    Hometrader have promised a lot on repayment of loans since September, they remain amoral and have not paid anyone back.

    Best to contact Clifford Tibber at Anthony Gold
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    Another example of this kind of lending was Marie Collins vs Lorraine Moss - (Christensen Moss) & Luke T Christensen.

    Thousands spent on court fees. Collins lost a considerable amount, while Moss & Christensen continued
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