-
Looking for a smarter way to manage your heating this winter? We’ve been testing the new Aqara Radiator Thermostat W600 to see how quiet, accurate and easy it is to use around the home. Click here read our review.
50 Quid from nationwide
- Thread starter gas112
- Start date
D
Deleted member 265726
Are you £50 quids in? Don't have a Nationwide account. I also saw Tide are handing new customers £75 to open a new account.
Yeah, me and Mrs Mottie both got an email today too, notifying us of our windfall.
I remember when Thatcher privatised BT i think it was.
BT customers got shares, our share was around a grand , when the big day came, and we were awarded the shares, the wife says to me, sell them now.
I said no , everyone has telephones , the 3rd world needs telephones, the shares can only go up.
Back then there was no Internet for ordinary folk, needless to say, the shares started to tank, by the time I sold them , we had lost around 300 quid.
The wife said to me , you really are stupid aren't you, you are a roofer not a funking stockbroker.
The moral of the story is , stick to what you know.
BT customers got shares, our share was around a grand , when the big day came, and we were awarded the shares, the wife says to me, sell them now.
I said no , everyone has telephones , the 3rd world needs telephones, the shares can only go up.
Back then there was no Internet for ordinary folk, needless to say, the shares started to tank, by the time I sold them , we had lost around 300 quid.
The wife said to me , you really are stupid aren't you, you are a roofer not a funking stockbroker.
The moral of the story is , stick to what you know.
Last edited:
- Joined
- 22 Aug 2006
- Messages
- 7,050
- Reaction score
- 1,171
- Country
That was "Sid", and that . x10 in 25 years is 9.6% pa. Not bad, but not that exciting.
Just think, if you'd bought £100 of Bitcoin....
(you'd have lost it because of all the scams back then).
Nope tell Sid was the British Gas privatisation
Aye...BT was 'Buzby', that weird bird...
Mate o' mine bought shares in the British Gas sell-off and took his windfall to Copenhagen for a wet weekend in the city bars...a bunch o' fat cats bought 'em back and stuffed 'em into their offshore account with the rest of the suckers shares who went for a quick cash bonus.
Mate o' mine bought shares in the British Gas sell-off and took his windfall to Copenhagen for a wet weekend in the city bars...a bunch o' fat cats bought 'em back and stuffed 'em into their offshore account with the rest of the suckers shares who went for a quick cash bonus.
The nationwide fair share payment is taxable if you get over £1000 total interest from your savings - but it’s not interest it’s a dividend really
Wonder how this £50 will be declared?
We will get 2 x £50
Wonder how this £50 will be declared?
We will get 2 x £50
At BG we got preference over the public for around 27000 shares at a down payment of 50p on the 135 share price most people in our depot applied for them all at around 9 grand initial payment . Cant remember exactly but there was a bit of a scale back due to it being massively over subscribed by the public . Possibly even got a discount on the initial total price
Most folk took the windfall and handed shares back almost immediately. Maggies mad idea of people gambling on the FTSE was just spinning a web of lies to hook rubes into casino tent. Apart from Justin Passing, obviously, who makes millions every week.
The offer of share ownership was little more than a bribe because building societies were owned by their customers and needed their consent to float as banks with tne much wider ability to offer credit and therefore build profit. Thatcher posed as the prudent housewife careful with her budget, in reality she opened tne doors to the banking crisis 20 years later.
Share investment is a long game, your shares would be worth a lot now.
BT shares are worth less today than in 1986.
