NeilMH

Around lunch time heading south. Maybe going to Cranleigh Show?

Yep....it was great. Driving there in 30-33 degrees in a 23 year old car with no air conditioning was interesting, however (from Logrono onwards).

Nope.

A bit late posting but saw 1 Ginger, 1 Silver and 1 Grey 370 all in the space of about 2 days near centre of Salou just over a week ago.

Big valve head an interesting acquisition

Coming back to the markets, the question I am struggling to answer is - for the foreseeable future why would I invest (other than gold or swiss francs or similar). To my mind, apart from very short term buying/speculating, that downward pressure from reluctant buyers makes the market vulnerable to external shocks (or ill-advised statements). I am genuinely interested to know if anyone has a different view and why?

The phrase I keep coming back to in my head is "the law of unintended consequences".

RBS particularly relevant as Government (we) still own around 73%. To break even they need just over £5 per share. Now at £1.57 down more than 20% today.

I also feel very sad about it but it's democracy and we just have to get on with it. The sun is shining, the trees are still growing and water is still coming out the tap. If we turn to my investments however

No great leaps of progress were ever made taking the safe option the bigger the risk often the bigger the reward. how would i know i like Vietnamese food if i hadn't taken a leap, the Manhattan project would never have got off the ground if people took the safe option, Columbus would never have found america, and Raleigh would never have brought us back the potato. nelson would never have beaten the french. people would still be walking if someone hadn't taken the risk of getting on a horse. trains would still be doing 15mph if someone hadn't taken the risk of going faster. to vote purely on the safe option because you're worried about the outcome is a shame, staying in europe is like buying tickets for the titanic after its hit the iceberg. Just on a point of order, the owners had such belief in the Titanic that they took the major leap of faith by providing just a small number of lifeboats, relative to the number of passengers on board.

The "good" thing about the stock market is that it isn't troubled by issues of morality! The drop of recent times was following a series of pro-Brexit Polls. The significant 2 day rise is based on a couple of polls swinging back to remain and a perception that this trend might continue through to the referendum itself. UK Bank shares up considerably. Also there has been a historic trend of late swings towards the status quo in referenda.

Sorry to hear that.

Good luck with the 220. I'm sure you'll have a lot of fun in that. I just had a basic Elise and that was a fair hoot.

370Z also on radar as prices are easing nicely with age.

Looks very shiny.

Bronze.

Thanks very much. Will definitely bear that in mind. Sadly, unless there is a miracle, nothing will happen before June 2017.

Left knee pretty messed up. Needs to be auto/semi-auto. Always fancied a Maserati but not an option right now.

ADG Sevenoaks. I don't know what next but I want something that gives a sense of excitement one way or another. Cant afford to do anything for now.

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