metalblue
Well-Known Member
That would've been the sensible thing to do. Of course, stocks and shares can go down as well as up but some wise low-risk investment choices would've probably seen him make a few quid before inevitably being asked for the money back.
The bloke is a fucking idiot. Despite the bank themselves being idiots and telling him he could spend it, he knew that it wasn't really his money in the first place. In any case, I'm not sure he's "lost" anything. Surely he can just go and sell the property that he'd bought anyway and downsize back to where he was. In fact, house prices have been rising over the past 12 months so he should make a profit. Unless he's a lying bastard and he's blown a fair chunk of the £110k on something else instead.
He said he hadn’t spent it which is why the bank could take it back plus they took an extra £6k (incompetent cunts) which they are now returning plus another £500 as a goodwill gesture. If he had spent it, he claims, they couldn’t have done a thing about it.
Like you say, surely he can sell the house and not really be any worse off. Moral of the story? Spend it