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Introducing the LemonFools Personal Finance Calculators

When to start running a HYP

General discussions about equity high-yield income strategies
Pastcaring
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Re: When to start running a HYP

#145199

Postby Pastcaring » June 12th, 2018, 2:29 pm

I love that insanity,so if you can think of 1 company that went bust that proves that whichever company I pick is going to go bust.

Does it prove that MQG will going bust? Or does it simply prove that Lloyd's went bust.

Here are 4 more companies I own

ANZ

WBC

LLC

SCG.

Now can you give me the names of 4 companies that went bust,then you can fool yourselves that must prove the above companies must be going bust.

Convince yourselves that if Lloyd's went bust,that must prove that wall mart will go bust.

Itsallaguess
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Re: When to start running a HYP

#145201

Postby Itsallaguess » June 12th, 2018, 2:37 pm

Pastcaring wrote:
Convince yourselves that if Lloyd's went bust,that must prove that wall mart will go bust.


I'm clearly not saying that it proves that Wal Mart will go bust...

I'm saying that a highly-focussed investment approach must at all times live with the risk that it might go bust, and hence live with the potential impact of that happening if it does.....

For the avoidance of doubt, I admire your approach if it works for you and you can sleep well at night, but I have to say that it's most definitely not for me.

Cheers,

Itsallaguess

Pastcaring
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Re: When to start running a HYP

#145206

Postby Pastcaring » June 12th, 2018, 2:50 pm

So what exactly are you saying,can you get JimSusan on and we'll ask him/her

Jim what do you think the future holds for MQG.?

Will Jim's answer be" well obviously Lloyd's went bust so that proves that MQG will go bust However it does not prove that WMT will go bust".

I have named a company why the hell would I be interested in what Jim thinks because Lloyd's went bust.

I love that insanity.

Raptor
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Re: When to start running a HYP

#145212

Postby Raptor » June 12th, 2018, 3:01 pm

Moderator Message:
This thread is supposed to be about "when to start running a hyp. Interesting posts but can we keep to the OPs post going forward. Please start a new thread if you wish but this thread needs to get back to its origins. Thanks, in advance. Raptor.

Itsallaguess
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Re: When to start running a HYP

#145214

Postby Itsallaguess » June 12th, 2018, 3:03 pm

Pastcaring wrote:
I have named a company why the hell would I be interested in what Jim thinks because Lloyd's went bust.

I love that insanity.


I think I'll leave it there if you don't mind.

We've strayed well off-topic for both this thread and the High Yield Shares and Strategies Board, so it's probably best for me to call it a day now...

Cheers,

Itsallaguess

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Re: When to start running a HYP

#145662

Postby DiamondEcho » June 14th, 2018, 6:37 pm

Itsallaguess wrote:
tjh290633 wrote:My friends who worked for GEC and built up a stack of shares, to help their retirement, then found them turned into Marconi and vanished without trace in a very short time, would disagree.
Well, exactly...Also, go ask JimSusan about Lloyds...

Or me about Merrill Lynch - grrrr.


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