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Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48 month interest free card while my cash makes 7.7% in BP share dividends. If you have a 5* credit rating, there are no end of credit cards that are clamouring for your paltry £17 transfer fee even if they don't actually make a penny in interest.

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On 24/10/2016 06:31, Simon Mason wrote:
Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share
dividends. If you have a 5* credit rating, there are no end of credit
cards that are clamouring for your paltry £17 transfer fee even if
they don't actually make a penny in interest.


If you have a good credit rating you don't need to pay a fee.
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On Monday, 24 October 2016 09:20:20 UTC+1, dennis@home wrote:
On 24/10/2016 06:31, Simon Mason wrote:
Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share
dividends. If you have a 5* credit rating, there are no end of credit
cards that are clamouring for your paltry £17 transfer fee even if
they don't actually make a penny in interest.


If you have a good credit rating you don't need to pay a fee.


I can get a deal with no fee, but it won't stretch to 48 months.
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Simon Mason wrote

Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share dividends.


If you have a 5* credit rating, there are no end of credit cards that are
clamouring
for your paltry £17 transfer fee even if they don't actually make a penny
in interest.


We have the same thing and there is no transfer fee involved at all.

They are hoping you will continue to use their card once the interest
free period runs out and plenty just keep moving on to another one.

I dont put anything on credit cards and pay the only credit card off
in full every month and only use it as a last ditch backup when none
of the debit card accounts have enough money in them for a transaction
and the card that does an automatic sweep from the account that pays
the highest interest in the country can't be used for some reason.

And I never buy cruises and never by anything that far in advance either.

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On 24/10/2016 06:31, Simon Mason wrote:
Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share
dividends. If you have a 5* credit rating, there are no end of credit
cards that are clamouring for your paltry £17 transfer fee even if
they don't actually make a penny in interest.


So, you have in effect borrowed £5k interest free for 4 years to invest
in BP shares. That's a pretty high risk strategy. High risk = you will
make lots of money some of the time and lose lots other times.


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GB wrote
Simon Mason wrote


Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48 month
interest free card while my cash makes 7.7% in BP share dividends. If you
have a 5* credit rating, there are no end of credit cards that are
clamouring for your paltry £17 transfer fee even if they don't actually
make a penny in interest.


So, you have in effect borrowed £5k interest free for 4 years to invest in
BP shares. That's a pretty high risk strategy. High risk = you will make
lots of money some of the time and lose lots other times.


Not a high risk if you believe BP is a viable operation and presumably he
does.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.

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On 24/10/2016 11:38, Rod Speed wrote:
GB wrote
Simon Mason wrote


Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share
dividends. If you have a 5* credit rating, there are no end of credit
cards that are clamouring for your paltry £17 transfer fee even if
they don't actually make a penny in interest.


So, you have in effect borrowed £5k interest free for 4 years to
invest in BP shares. That's a pretty high risk strategy. High risk =
you will make lots of money some of the time and lose lots other times.


Not a high risk if you believe BP is a viable operation and presumably
he does.


That's not a very sensible definition of risk, is it?


Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.


There is some non-negligible risk that BP's shares could end the 4 years
with no value, whilst the OP still owes £5k. There's a rather higher
risk the shares could be worth say half of the debt, and so on.

Of course, this needs to be viewed in the context of the OP's overall
finances. He could probably repay the £5k from other assets.

However you look at it, it's not free money.
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"GB" wrote in message
...
On 24/10/2016 11:38, Rod Speed wrote:
GB wrote
Simon Mason wrote


Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share
dividends. If you have a 5* credit rating, there are no end of credit
cards that are clamouring for your paltry £17 transfer fee even if
they don't actually make a penny in interest.


So, you have in effect borrowed £5k interest free for 4 years to
invest in BP shares. That's a pretty high risk strategy. High risk =
you will make lots of money some of the time and lose lots other times.


Not a high risk if you believe BP is a viable operation and presumably
he does.


That's not a very sensible definition of risk, is it?


No one said it was a definition of risk.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.


There is some non-negligible risk that BP's shares could end the 4 years
with no value,


There isnt even the remotest possibility of that happening.

whilst the OP still owes £5k. There's a rather higher risk the shares
could be worth say half of the debt,


BULL****.

and so on.


Of course, this needs to be viewed in the context of the OP's overall
finances. He could probably repay the £5k from other assets.


However you look at it, it's not free money.


It clearly is free money. It isnt risk free money and he never said it was.

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On 24/10/2016 12:40, Rod Speed wrote:


"GB" wrote in message
...
On 24/10/2016 11:38, Rod Speed wrote:
GB wrote
Simon Mason wrote

Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share
dividends. If you have a 5* credit rating, there are no end of credit
cards that are clamouring for your paltry £17 transfer fee even if
they don't actually make a penny in interest.

So, you have in effect borrowed £5k interest free for 4 years to
invest in BP shares. That's a pretty high risk strategy. High risk =
you will make lots of money some of the time and lose lots other times.

Not a high risk if you believe BP is a viable operation and presumably
he does.


That's not a very sensible definition of risk, is it?


No one said it was a definition of risk.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.


There is some non-negligible risk that BP's shares could end the 4
years with no value,


There isnt even the remotest possibility of that happening.

whilst the OP still owes £5k. There's a rather higher risk the shares
could be worth say half of the debt,


BULL****.

and so on.


Of course, this needs to be viewed in the context of the OP's overall
finances. He could probably repay the £5k from other assets.


However you look at it, it's not free money.


It clearly is free money. It isnt risk free money and he never said it was.


Well, at least people won't die from this bit of your nonsense.



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On Monday, 24 October 2016 10:29:47 UTC+1, GB wrote:


So, you have in effect


borrowed £5k interest free for 4 years to invest
in BP shares. That's a pretty high risk strategy. High risk = you will
make lots of money some of the time and lose lots other times.


Bought £50000 in BP shares on 14JUN16, sold them for £4.93 today. £19000 profit + £1000 divis = £20000.

https://pbs.twimg.com/media/CvWDhGUWEAArWYo.jpg



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On Monday, 24 October 2016 11:38:54 UTC+1, Rod Speed wrote:

Not a high risk if you believe BP is a viable operation and presumably he
does.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.


I sold every BP share I possessed on 22APR10 for £6-22 and made £40000 - a few weeks later they were £2-96.

Made another bomb buying a shedload back at £3-00 and selling them later at £5-00.



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On 24/10/2016 14:09, Simon Mason wrote:
On Monday, 24 October 2016 10:29:47 UTC+1, GB wrote:


So, you have in effect


borrowed £5k interest free for 4 years to invest
in BP shares. That's a pretty high risk strategy. High risk = you will
make lots of money some of the time and lose lots other times.


Bought £50000 in BP shares on 14JUN16, sold them for £4.93 today. £19000 profit + £1000 divis = £20000.

https://pbs.twimg.com/media/CvWDhGUWEAArWYo.jpg


Tremendous. Well done. Nevertheless, the point about free money is not
right, as it ignores the investment risk.



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In article ,
Simon Mason wrote:
On Monday, 24 October 2016 10:29:47 UTC+1, GB wrote:



So, you have in effect


borrowed £5k interest free for 4 years to invest
in BP shares. That's a pretty high risk strategy. High risk = you will
make lots of money some of the time and lose lots other times.


Bought £50000 in BP shares on 14JUN16, sold them for £4.93 today. £19000 profit + £1000 divis = £20000.


https://pbs.twimg.com/media/CvWDhGUWEAArWYo.jpg


less Capital Gains Tax

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On 24/10/2016 12:45, GB wrote:
On 24/10/2016 12:40, Rod Speed wrote:


"GB" wrote in message
...
On 24/10/2016 11:38, Rod Speed wrote:
GB wrote
Simon Mason wrote

Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share
dividends. If you have a 5* credit rating, there are no end of credit
cards that are clamouring for your paltry £17 transfer fee even if
they don't actually make a penny in interest.

So, you have in effect borrowed £5k interest free for 4 years to
invest in BP shares. That's a pretty high risk strategy. High risk =
you will make lots of money some of the time and lose lots other
times.

Not a high risk if you believe BP is a viable operation and presumably
he does.

That's not a very sensible definition of risk, is it?


No one said it was a definition of risk.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.

There is some non-negligible risk that BP's shares could end the 4
years with no value,


There isnt even the remotest possibility of that happening.

whilst the OP still owes £5k. There's a rather higher risk the shares
could be worth say half of the debt,


BULL****.

and so on.


Of course, this needs to be viewed in the context of the OP's overall
finances. He could probably repay the £5k from other assets.


However you look at it, it's not free money.


It clearly is free money. It isnt risk free money and he never said it
was.


Well, at least people won't die from this bit of your nonsense.



January was a good month to buy Oil company and resource shares.
Those who took the contrarian view to invest in Shell, BP,
BHP, Ferrexpo, Fresnillo, Hochschild, Anglo American and
Randgold resources will have comfortably doubled their money by
June 23rd. Then on June 25th they will have added another 30%
in just one day.
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On Monday, 24 October 2016 14:32:28 UTC+1, GB wrote:


They will be £6-00 in a few months once oil goes north of $60.


So, why did you sell at £4.93?


I had set a ceiling of £5-00 to sell and that was near enough.
I believe in the trade it is called "profit taking".


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On 24/10/2016 14:16, GB wrote:
On 24/10/2016 14:09, Simon Mason wrote:
On Monday, 24 October 2016 10:29:47 UTC+1, GB wrote:


So, you have in effect


borrowed £5k interest free for 4 years to invest
in BP shares. That's a pretty high risk strategy. High risk = you will
make lots of money some of the time and lose lots other times.


Bought £50000 in BP shares on 14JUN16, sold them for £4.93 today.
£19000 profit + £1000 divis = £20000.

https://pbs.twimg.com/media/CvWDhGUWEAArWYo.jpg


Tremendous. Well done. Nevertheless, the point about free money is not
right, as it ignores the investment risk.




Massive oil company shares are totally under the control of the oil
price and the value of the US dollar.

Weak Dollar = Strong commodities (and oil)
Strong Dollar = Weak commodities (and oil).

Just watching the £/USD FX rate gives you a good idea of
when to buy/sell oily shares.

In Jun 2014 you got £1.70 for a dollar and RDSB share price
was over £26. Good time to sell and move into airline shares.
IAG was about £3 at that time, by Jun 2015, IAG shares were £6
and oil while commodity shares were sliding and hit a low point
in Feb 2016, when you could buy RDSB shares for just over £12
and BP shares just over £3. They were £22 and £5 early in July 16.

Don't forget CGT on your £19,000 profit. £11,000 is tax free but
you will have to pay 10% on the other £8,000, unless your total
income puts you into higher rate tax, when the rate will be 20%.



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On 24/10/2016 11:38, Rod Speed wrote:
GB wrote
Simon Mason wrote


Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share
dividends. If you have a 5* credit rating, there are no end of credit
cards that are clamouring for your paltry £17 transfer fee even if
they don't actually make a penny in interest.


So, you have in effect borrowed £5k interest free for 4 years to
invest in BP shares. That's a pretty high risk strategy. High risk =
you will make lots of money some of the time and lose lots other times.


Not a high risk if you believe BP is a viable operation and presumably
he does.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.


BP didn't do that anyway it was the American subcontractor that did.

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On 24/10/2016 14:13, Simon Mason wrote:
On Monday, 24 October 2016 11:38:54 UTC+1, Rod Speed wrote:

Not a high risk if you believe BP is a viable operation and presumably he
does.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.


I sold every BP share I possessed on 22APR10 for £6-22 and made £40000 - a few weeks later they were £2-96.

Made another bomb buying a shedload back at £3-00 and selling them later at £5-00.



But if you had put half into the Fundsmith fund it would be worth 2.5
times now what you paid in 2010. And buying house builders like Barratt
and Taylor Wimpey in August 2011 would have multiplied your money by
5 by 2015. If you had bought shares in Ashtead in August 2011
for just over £1 would have seen a 13 times return by mid 2015.
And dull companies like Avon rubber could have been picked up for
about 40p per share in 2009 but reached £13+ by 2015.

It's a common mistake for people working in a particular sector
to only buy shares in companies that know about, although sometimes
it works in their favour (by luck). Some staff had all their money
in Railtrack shares in 2001. bad move. Ditto Enron.

In 1992 I was a software engineer at a fire alarm co designing and
writing the code for a new analogue addressable fire panel. The
sensors were Apollo 95 series and the data sheet said it was a
member of the Halma group of companies. Halma started out as a
Ceylonese tea plantation but is now a conglomerate of engineering
companies. I bought 2,000 in 2001 and added more and more and reinvested
the dividends. Finally by 2011 Halma was getting 'mentions' in the
financial press as a reliable dividend player with a 30+ year history
of increasing dividends (one of the things to look for). Halma shares
are now £10+. Most of my adhoc purchases were £1.05, 96p and £1.81
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On Mon, 24 Oct 2016 09:20:18 +0100, dennis@home wrote:

On 24/10/2016 06:31, Simon Mason wrote:
Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share
dividends. If you have a 5* credit rating, there are no end of credit
cards that are clamouring for your paltry £17 transfer fee even if
they don't actually make a penny in interest.


If you have a good credit rating you don't need to pay a fee.


And therein may lie Mr Mason's problem.

WTF Has this to do with d-i-y.

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On Mon, 24 Oct 2016 06:13:18 -0700 (PDT), Simon Mason
wrote:

On Monday, 24 October 2016 11:38:54 UTC+1, Rod Speed wrote:

Not a high risk if you believe BP is a viable operation and presumably he
does.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.


I sold every BP share I possessed on 22APR10 for £6-22 and made £40000 - a few weeks later they were £2-96.

Made another bomb buying a shedload back at £3-00 and selling them later at £5-00.




Crikey - you really are rich aren't you.

We are very, very impressed.



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On Mon, 24 Oct 2016 06:09:49 -0700 (PDT), Simon Mason
wrote:

On Monday, 24 October 2016 10:29:47 UTC+1, GB wrote:


So, you have in effect


borrowed £5k interest free for 4 years to invest
in BP shares. That's a pretty high risk strategy. High risk = you will
make lots of money some of the time and lose lots other times.


Bought £50000 in BP shares on 14JUN16


Crikey - we do of course believe you.

I always think that when people share such things on newsgroups - then they
have made it up.

Why on earth do such saddos think that will be believed - and why do they think
they need to share it.

Must go - I want to buy £60,000 of BP shares - I'll sell them tomorrow for a
fortune.

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On Mon, 24 Oct 2016 07:58:24 -0700 (PDT), Simon Mason
wrote:

On Monday, 24 October 2016 14:32:28 UTC+1, GB wrote:


They will be £6-00 in a few months once oil goes north of $60.


So, why did you sell at £4.93?


I had set a ceiling of £5-00 to sell and that was near enough.
I believe in the trade it is called "profit taking".



I think it may be called : "making things up"

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On 24 Oct 2016 15:29:04 GMT, Huge wrote:

On 2016-10-24, charles wrote:
In article ,
Simon Mason wrote:
On Monday, 24 October 2016 10:29:47 UTC+1, GB wrote:



So, you have in effect


borrowed £5k interest free for 4 years to invest
in BP shares. That's a pretty high risk strategy. High risk = you will
make lots of money some of the time and lose lots other times.


Bought £50000 in BP shares on 14JUN16, sold them for £4.93 today. £19000 profit + £1000 divis = £20000.


https://pbs.twimg.com/media/CvWDhGUWEAArWYo.jpg


less Capital Gains Tax


Not that it's actually true.



Now come on. Mr Mason has really impressed us over the years in the cycling
newsgroup with his business acumen - there is no reason to disbelieve this
story ;-)

I wonder why he shared it with us?




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On Monday, 24 October 2016 16:14:59 UTC+1, Andrew wrote:
On 24/10/2016 14:13, Simon Mason wrote:
On Monday, 24 October 2016 11:38:54 UTC+1, Rod Speed wrote:

Not a high risk if you believe BP is a viable operation and presumably he
does.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.


I sold every BP share I possessed on 22APR10 for £6-22 and made £40000 - a few weeks later they were £2-96.

Made another bomb buying a shedload back at £3-00 and selling them later at £5-00.


But if you had put half into the Fundsmith fund it would be worth 2.5
times now what you paid in 2010.


When Google came out in 2004, I could see that it would wipe the floor with Alta Vista et al and could have been a millionaire by now, but I stuck with the oil business as it is my own speciality.

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On 24/10/2016 16:29, Huge wrote:
On 2016-10-24, charles wrote:
In article ,
Simon Mason wrote:
On Monday, 24 October 2016 10:29:47 UTC+1, GB wrote:



So, you have in effect


borrowed £5k interest free for 4 years to invest
in BP shares. That's a pretty high risk strategy. High risk = you will
make lots of money some of the time and lose lots other times.


Bought £50000 in BP shares on 14JUN16, sold them for £4.93 today. £19000 profit + £1000 divis = £20000.


https://pbs.twimg.com/media/CvWDhGUWEAArWYo.jpg


less Capital Gains Tax


Not that it's actually true.


And responding to trolls demonstrates gigantic intellect?

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On 24/10/2016 16:56, Judith wrote:
On Mon, 24 Oct 2016 06:13:18 -0700 (PDT), Simon Mason
wrote:

On Monday, 24 October 2016 11:38:54 UTC+1, Rod Speed wrote:

Not a high risk if you believe BP is a viable operation and presumably he
does.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.


I sold every BP share I possessed on 22APR10 for £6-22 and made £40000 - a few weeks later they were £2-96.

Made another bomb buying a shedload back at £3-00 and selling them later at £5-00.




Crikey - you really are rich aren't you.

We are very, very impressed.

He is considerably more richer than yow....


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On Monday, 24 October 2016 09:20:20 UTC+1, dennis@home wrote:
On 24/10/2016 06:31, Simon Mason wrote:
Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share
dividends. If you have a 5* credit rating, there are no end of credit
cards that are clamouring for your paltry £17 transfer fee even if
they don't actually make a penny in interest.


If you have a good credit rating you don't need to pay a fee.


Just checked - I paid no fee at all.

https://pbs.twimg.com/media/CvjVz_IWIAIem3s.jpg

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"GB" wrote in message
...
On 24/10/2016 12:40, Rod Speed wrote:


"GB" wrote in message
...
On 24/10/2016 11:38, Rod Speed wrote:
GB wrote
Simon Mason wrote

Just paid £5000 for a cruise to NYC in 2018 and shoved it onto a 48
month interest free card while my cash makes 7.7% in BP share
dividends. If you have a 5* credit rating, there are no end of credit
cards that are clamouring for your paltry £17 transfer fee even if
they don't actually make a penny in interest.

So, you have in effect borrowed £5k interest free for 4 years to
invest in BP shares. That's a pretty high risk strategy. High risk =
you will make lots of money some of the time and lose lots other
times.

Not a high risk if you believe BP is a viable operation and presumably
he does.

That's not a very sensible definition of risk, is it?


No one said it was a definition of risk.

Sure, there is SOME risk of BP being involved in something very
stupid like that deep sea drilling rig blowout preventer ****up,
but the risk isnt really all that great.

There is some non-negligible risk that BP's shares could end the 4
years with no value,


There isnt even the remotest possibility of that happening.

whilst the OP still owes £5k. There's a rather higher risk the shares
could be worth say half of the debt,


BULL****.

and so on.


Of course, this needs to be viewed in the context of the OP's overall
finances. He could probably repay the £5k from other assets.


However you look at it, it's not free money.


It clearly is free money. It isnt risk free money and he never said it
was.


Well, at least people won't die from this bit of your nonsense.


Plenty wont end up with completely unnecessary
incontinence and impotence from the other either.

Yours is the nonsense on risk.

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GB wrote
On 24/10/2016 14:09, Simon Mason wrote:
On Monday, 24 October 2016 10:29:47 UTC+1, GB wrote:


So, you have in effect


borrowed £5k interest free for 4 years to invest
in BP shares. That's a pretty high risk strategy. High risk = you will
make lots of money some of the time and lose lots other times.


Bought £50000 in BP shares on 14JUN16, sold them for £4.93 today. £19000
profit + £1000 divis = £20000.

https://pbs.twimg.com/media/CvWDhGUWEAArWYo.jpg


Tremendous. Well done. Nevertheless, the point about free money is not
right, as it ignores the investment risk.


The free money is about the cost of the money, not
the risk with what is done with that free money.

He clearly knows what he is doing risk wise.

Sure, he might get it wrong at times too, but that is
irrelevant to the cost of the money he uses to do that.

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Simon Mason wrote
GB wrote


They will be £6-00 in a few months once oil goes north of $60.


So, why did you sell at £4.93?


I had set a ceiling of £5-00 to sell and that was near enough.


Doesnt explain why you set a ceiling of £5-00 when you believe
it will go to £6-00 in a few months once oil goes north of $60.

I believe in the trade it is called "profit taking".


Irrelevant to why you did that.



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"pamela" wrote in message
...
On 18:00 24 Oct 2016, Simon Mason wrote:

On Monday, 24 October 2016 16:14:59 UTC+1, Andrew wrote:
On 24/10/2016 14:13, Simon Mason wrote:
On Monday, 24 October 2016 11:38:54 UTC+1, Rod Speed wrote:

Not a high risk if you believe BP is a viable operation and
presumably

he
does.

Sure, there is SOME risk of BP being involved in something
very stupid like that deep sea drilling rig blowout
preventer ****up, but the risk isnt really all that great.

I sold every BP share I possessed on 22APR10 for £6-22 and
made

£40000 - a few weeks later they were £2-96.

Made another bomb buying a shedload back at £3-00 and
selling them

later at £5-00.

But if you had put half into the Fundsmith fund it would be
worth 2.5 times now what you paid in 2010.


When Google came out in 2004, I could see that it would wipe the
floor with Alta Vista et al and could have been a millionaire by
now, but I stuck with the oil business as it is my own
speciality.


What could you see in Google back then that told you it would beat
Alta Vista?


Did a much better job of ending up with the most
useful hits on the first page with most searches.

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On Monday, 24 October 2016 22:16:35 UTC+1, Rod Speed wrote:

What could you see in Google back then that told you it would beat
Alta Vista?


Did a much better job of ending up with the most
useful hits on the first page with most searches.


Yes - it seemed to "know" what you were searching for and came up with far more useful hits than anything else at the time.

I told my workmates who had never heard of it as they used Ask Jeeves etc.
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"pamela" wrote in message
...
On 22:16 24 Oct 2016, Rod Speed wrote:



"pamela" wrote in message
...
On 18:00 24 Oct 2016, Simon Mason wrote:

On Monday, 24 October 2016 16:14:59 UTC+1, Andrew wrote:
On 24/10/2016 14:13, Simon Mason wrote:
On Monday, 24 October 2016 11:38:54 UTC+1, Rod Speed
wrote:

Not a high risk if you believe BP is a viable operation
and presumably
he
does.

Sure, there is SOME risk of BP being involved in something
very stupid like that deep sea drilling rig blowout
preventer ****up, but the risk isnt really all that great.

I sold every BP share I possessed on 22APR10 for £6-22 and
made £40000 - a few weeks later they were £2-96.

Made another bomb buying a shedload back at £3-00 and
selling them
later at £5-00.

But if you had put half into the Fundsmith fund it would be
worth 2.5 times now what you paid in 2010.

When Google came out in 2004, I could see that it would wipe
the floor with Alta Vista et al and could have been a
millionaire by now, but I stuck with the oil business as it is
my own speciality.

What could you see in Google back then that told you it would
beat Alta Vista?


Did a much better job of ending up with the most useful hits on
the first page with most searches.


I remember Alta Vista had poorer response times.


Sure, but that wasn’t the reason so many of us chose to change to google.

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En el artículo , pamela
escribió:

I remember Alta Vista had poorer response times.


I fondly remember altavista.digital.com, but Google wiped the floor with
it when it launched.

This'll ring bells:

https://upload.wikimedia.org/wikiped...vista-logo.png

I did see a pic once years ago of the machine (built on DEC AlphaServers
in a cluster) that was AltaVista, but haven't been able to find it again
since. It was cube-shaped, about the size of 8 washing machines stacked
2x2x2. It probably ran VMS initially, then OSF/1, which became Digital
UNIX, which became Compaq Tru64 UNIX.

https://en.wikipedia.org/wiki/Talk%3AAltaVista

--
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(='.'=) systemd: the Linux version of Windows 10
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On Monday, 24 October 2016 21:50:05 UTC+1, Rod Speed wrote:
Simon Mason wrote
GB wrote


They will be £6-00 in a few months once oil goes north of $60.


So, why did you sell at £4.93?


I had set a ceiling of £5-00 to sell and that was near enough.


Doesnt explain why you set a ceiling of £5-00 when you believe
it will go to £6-00 in a few months once oil goes north of $60.


£4-64 today.

http://www.bbc.co.uk/news/business-37832575

Nice little earner.


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Simon Mason wrote
On Monday, 24 October 2016 21:50:05 UTC+1, Rod Speed wrote:
Simon Mason wrote
GB wrote


They will be £6-00 in a few months once oil goes north of $60.


So, why did you sell at £4.93?


I had set a ceiling of £5-00 to sell and that was near enough.


Doesnt explain why you set a ceiling of £5-00 when you believe
it will go to £6-00 in a few months once oil goes north of $60.


£4-64 today.


You had no way of knowing that.

http://www.bbc.co.uk/news/business-37832575

Nice little earner.


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On Wednesday, 2 November 2016 09:27:46 UTC, Rod Speed wrote:
Simon Mason wrote
On Monday, 24 October 2016 21:50:05 UTC+1, Rod Speed wrote:
Simon Mason wrote
GB wrote

They will be £6-00 in a few months once oil goes north of $60..

So, why did you sell at £4.93?

I had set a ceiling of £5-00 to sell and that was near enough.

Doesnt explain why you set a ceiling of £5-00 when you believe
it will go to £6-00 in a few months once oil goes north of $60.


£4-64 today.


You had no way of knowing that.


Been at it for 30 years, Pal.


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"Simon Mason" wrote in message
...
On Wednesday, 2 November 2016 09:27:46 UTC, Rod Speed wrote:
Simon Mason wrote
On Monday, 24 October 2016 21:50:05 UTC+1, Rod Speed wrote:
Simon Mason wrote
GB wrote

They will be £6-00 in a few months once oil goes north of $60.

So, why did you sell at £4.93?

I had set a ceiling of £5-00 to sell and that was near enough.

Doesnt explain why you set a ceiling of £5-00 when you believe
it will go to £6-00 in a few months once oil goes north of $60.


£4-64 today.


You had no way of knowing that.


Been at it for 30 years, Pal.


I've been doing it since before you were even born thanks, pal.

And know that unless you say in advance what its going to do,
its easy to claim that you knew it was going to do that after it has.

We can see that you didnt say that when I asked the original question.

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On Wednesday, 2 November 2016 09:49:21 UTC, Rod Speed wrote:
"Simon Mason" wrote in message
...
On Wednesday, 2 November 2016 09:27:46 UTC, Rod Speed wrote:
Simon Mason wrote
On Monday, 24 October 2016 21:50:05 UTC+1, Rod Speed wrote:
Simon Mason wrote
GB wrote

They will be £6-00 in a few months once oil goes north of $60.

So, why did you sell at £4.93?

I had set a ceiling of £5-00 to sell and that was near enough.

Doesnt explain why you set a ceiling of £5-00 when you believe
it will go to £6-00 in a few months once oil goes north of $60..


£4-64 today.

You had no way of knowing that.


Been at it for 30 years, Pal.


I've been doing it since before you were even born thanks, pal.


Wow, since I was born in 1958, you must have been at it before WWII. Hope you invested in GM, Ford, Boeing and General Electric.

You'd have been able to retire in 1950 when you were 34.

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"Simon Mason" wrote in message
...
On Wednesday, 2 November 2016 09:49:21 UTC, Rod Speed wrote:
"Simon Mason" wrote in message
...
On Wednesday, 2 November 2016 09:27:46 UTC, Rod Speed wrote:
Simon Mason wrote
On Monday, 24 October 2016 21:50:05 UTC+1, Rod Speed wrote:
Simon Mason wrote
GB wrote

They will be £6-00 in a few months once oil goes north of $60.

So, why did you sell at £4.93?

I had set a ceiling of £5-00 to sell and that was near enough.

Doesnt explain why you set a ceiling of £5-00 when you believe
it will go to £6-00 in a few months once oil goes north of $60.


£4-64 today.

You had no way of knowing that.

Been at it for 30 years, Pal.


I've been doing it since before you were even born thanks, pal.


Wow, since I was born in 1958, you must have been at it before WWII.


You clearly can't manage even the most basic arithmetic.

Hope you invested in GM, Ford, Boeing and General Electric.


I invested in our mining boom instead
thanks. And did much better out of that.

You'd have been able to retire in 1950 when you were 34.


I dont retire based on how much money I have accumulated.

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