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| Thread ID: 81767 | 2007-08-06 10:50:00 | NZ Mum & Dad investors having a bad time. | rogerp (6864) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 577154 | 2007-08-06 11:53:00 | To be fair, BridgeCorp misrepresented itself as a low risk investment when it was quite the opposite. It also advertised its credit rating - rather than its credit *ranking*. |
Deane F (8204) | ||
| 577155 | 2007-08-06 11:59:00 | Dumb ass people breaking the rules Dont put all your eggs in one basket. Dont believe everything anyone tells you. If you cant afford to lose it dont invest it for high returns, put the money in a bank which is at least a 100 years old. The chances of losing your money would be about the same as getting hit by space junk. Also a lot of high return investments have fees and the real return may be only slightly higher than a blue chip bank. And my rule dont bleat on TV when you lose your money. People will hate you because you had so much money in the first place. I drive a Morris so you can tell how much I know about money. tedheath You can get almost the same % return these days with Rabobank and some others who have good online call rates, although even banks can go bankrupt. eg The BNZ bank in the 80's or early 90's which the government had to bail out. |
rogerp (6864) | ||
| 577156 | 2007-08-06 12:16:00 | I remember 1987, don't trust any organization that has 'CORP' in the name. | zqwerty (97) | ||
| 577157 | 2007-08-06 23:34:00 | Bridgecorp was a finance compnay, not a managed fund. The NZ sharemarket has undergone a sustained boom in the last few years. Since neither of these relevant facts seems to be known of in this thread, i'll quit now. | mmmork (6822) | ||
| 577158 | 2007-08-07 01:02:00 | Bridgecorp was a finance compnay, not a managed fund. The NZ sharemarket has undergone a sustained boom in the last few years. What goes up must come down. |
pctek (84) | ||
| 577159 | 2007-08-07 01:59:00 | Funny money has a few sides to the joke. | R2x1 (4628) | ||
| 577160 | 2007-08-07 03:05:00 | You can get almost the same % return these days with Rabobank and some others who have good online call rates, although even banks can go bankrupt. eg The BNZ bank in the 80's or early 90's which the government had to bail out. That all depends on what you choose to invest your money in. |
winmacguy (3367) | ||
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