Lehman, Merry...who's next ? Goldman? Stanley ?Barclays ?

[Jezza]

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Hello,

On the travel section of the forum, I've started a thread and poll asking who will be the next Airlines to go into administration.
http://www.affiliates4u.com/forums/t...who-avoid.html

With the same idea, just wondering who do you think will be the next Financial institution to go down.

[Shane]

what pleasant train of thought lol.. doom and gloom

not sure who'll be next to fold but it's quite apparent the banking/investment sector is pretty screwed in the USA, UK and some of europe, and anyone daft enough to invest in banking shares should be having a rethink by now.. if they haven't already.

on the other hand, far east now looks much more stable.. ironic how the tables turn heh.. I can remember reading even 2 years ago about the risks there and how it's wiser to keep cash in UK and US banking/investments.

[getvisible]

all this is making me chuckle!

about half an hour a go I downloaded the application form and some prospectus' for Schroders.

I asked Darren to choose one and he came back with some high income rubbish. So I've plumped for:

UK Small Companies Fund
European Small Companies Fund
US Small Companies Fund

my motto is "always do the opposite to everyone else"! (expect for when driving!)

if everyone is thinking the market will fall irrational exuberance will mean that it'll go below the true value of the assets. It's just like when the market was was going "full tint" upwards!