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nb88

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Posts posted by nb88

  7. Apple iPhone 4 water damaged

    in Chit Chat

    Posted

    Hey guys.

    I know some of you are tech savvy so thought it worth asking here.

    I dropped my iphone 4 in the bog a few weeks ago, I turned it off but it kept turning itself on and the torch was permanently on. It eventually ran out of battery. I put it in dry rice for 24 hours.

    Plugged it in after that, Apple logo shows, nothing happens, won't turn on. Apple logo disappears when unplugged. AKA it's buggered.

    Does any one know any way to revive it? I want to revive it enough to delete all my data so I can sell it for a few bob...

    Cheers

  10. Someone smashed into my parked car...

    in Chit Chat

    Posted

    Exchanging details with who? It's an unattended parked car.

    Very glad he owned up.

    I would guess leaving a note in that case, would've saved me a lot of stress!

    Got my car back now, needed a new rad and headlight, proper smash! Still not 100% so I'm going to call the guy tomorrow and see if we can come to an agreement....

  13. Someone smashed into my parked car...

    in Chit Chat

    Posted

    Yeah I don't think I'll have any luck CCTV-wise as I can't see any cameras. Might end up just having to pay for this off my own back and finding a better place to park in future. The businesses next to my car are open all day so I'd be very surprised if none of them saw anything (maybe they were involved though). Left a note in my car aswell asking for any help...

  17. Someone smashed into my parked car...

    in Chit Chat

    Posted

    Hi guys,

    Does anyone have any advice for me, my car was parked on the road outside my house and someone crashed into it, very badly, entire bumper is hanging off. No details left etc.

    I've asked around the houses on my street and nobody has seen anything, phoned the police who can't do anything without witnesses, and about to phone insurance.

    Can anybody offer me any help as to what else to do?

    Thanks!

  19. Bitcoins - any experience with them?

    in Chit Chat

    Posted

    I see your point and you can obviously lose money in any investment that you make. I don't agree that investing in stocks is gambling though, it depends on how you play it. Speculating in stocks, and hoping to make a capital gain, I would call gambling. Investing in a FTSE tracker for 20 years and reinvesting dividends, I would definitely not call gambling.

  20. Bitcoins - any experience with them?

    in Chit Chat

    Posted

    Get your blinkers off. Just because you don't understand something, doesn't mean it isn't true.

    Investing long term in a new currency, with evidence of potential growth, is exactly the same as investing long term in a company that shows evidence of potential growth. The key words there are 'long term' and 'potential' - they are undefined and there is an element of risk.

    To gamble is to "take risky action in the hope of a desired result", and both shares and currency trading tick that box.

    Of course, you can argue all day about whether buying in to a currency / commodity / precious metal is a wise investment, and there are so many different views. The difference between buying a company and buying a currency is that the company is (usually) producing something - it is providing something to the world. Bitcoins or gold just sit there, and the only way you can make money is if, by chance, someone later decides that it's worth more than you paid for it. Buying a company is different - it can produce profit, it has assets, it has people-power, and the potential to give an income to investors.

    Surely anything thats not 100% risk free and is 100% guarenteed IS gambling?

    I have money in stocks and you'd be stupid to think it's a risk free strategy.

    Depends on your definition of risk doesn't it. If you have cash sat in a savings account right now, it's probably earning you less than inflation, you're losing money due to inflation risk. Put money into stocks and shares, you have capital and (possibly) income risk. The key is to get a portfolio that matches your appetite to risk.

    Gambling is generally a zero-sum game and is unproductive (money from winner to loser). Investing is productive - it adds value to an economy as businesses drive the entire economy and produce new products and services. Everybody can win.

  21. Bitcoins - any experience with them?

    in Chit Chat

    Posted

    All stocks, shares, currency and whatever else along those lines is gambling. Those who knew what bitcoin was being used for predominantly knew that at some point it was going to blow up in the media and this price rise would happen. It was a gamble, but gambling can be made a little safer with some logic in some cases.

    But I pussied out, so I can hardly talk!

    No. Investing in stocks and shares is not gambling. Speculating in stocks and shares is more like gambling. If you invest long-term, you're buying a part of a business - whether its growing, or dishing out profit in dividends to shareholders. Buying bitcoins, gold, etc., I would call speculation.

  23. Bitcoins - any experience with them?

    in Chit Chat

    Posted

    It's very easy in hindsight to think....They were $2 back then, now theyre $500, etc. etc. but in reality you would have been very very tempted to sell after a quick profit (e.g. double your money) so it's unlikely you would've held on for the ride.

    I don't know anything about bitcoins but it doesn't seem a good investment to me. People have obviously made a lot of money but you shouldn't ever invest in anything you don't understand, it's just pure speculation (AKA gambling). That's also pretty much the case with gold and other commodities too...

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