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Author Topic: £600 a year poorer from 1st November 2016.  (Read 6900 times)

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Mr Skrunts

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Re: £600 a year poorer from 1st November 2016.
« Reply #15 on: 03 September 2016, 03:57:14 »

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Sir Tigger KC

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Re: £600 a year poorer from 1st November 2016.
« Reply #16 on: 03 September 2016, 10:53:40 »

With interest rates at record lows it would make sense for Lord Opti at his age to invest his £40,000 in an appreciating asset that he could have some fun with at the same time.  :y

Something like this perhaps?  8)

Or maybe I've misread M'lud's OP and Lord and Lady Opti have £40,000 each to invest, so in which case they could pool resources and go for this?  :-\  The real thing, and looks a beauty to me!  :-*

On the other hand could we deal with Lord Opti's detailing angst?  :-\   ;D
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Doctor Gollum

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Re: £600 a year poorer from 1st November 2016.
« Reply #17 on: 03 September 2016, 11:05:51 »

With interest rates at record lows it would make sense for Lord Opti at his age to invest his £40,000 in an appreciating asset that he could have some fun with at the same time.  :y

Something like this perhaps?  8)

Or maybe I've misread M'lud's OP and Lord and Lady Opti have £40,000 each to invest, so in which case they could pool resources and go for this?  :-\  The real thing, and looks a beauty to me!  :-*

On the other hand could we deal with Lord Opti's detailing angst?  :-\   ;D
We have a Jaguar specialist in the village... they've a selection of E types, the cheapest being well north of three year old XF :o
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Sir Tigger KC

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Re: £600 a year poorer from 1st November 2016.
« Reply #18 on: 03 September 2016, 11:53:35 »

With interest rates at record lows it would make sense for Lord Opti at his age to invest his £40,000 in an appreciating asset that he could have some fun with at the same time.  :y

Something like this perhaps?  8)

Or maybe I've misread M'lud's OP and Lord and Lady Opti have £40,000 each to invest, so in which case they could pool resources and go for this?  :-\  The real thing, and looks a beauty to me!  :-*

On the other hand could we deal with Lord Opti's detailing angst?  :-\   ;D
We have a Jaguar specialist in the village... they've a selection of E types, the cheapest being well north of three year old XF :o

A quick scan of Car & Classic showed that most well looked after and restored E-Types are advertised at 6 figure prices! So if you've space to store such a beast then I'd think it could be a good long term investment!  :y
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TheBoy

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Re: £600 a year poorer from 1st November 2016.
« Reply #19 on: 03 September 2016, 12:31:56 »

UK economy is exceeding anyones expectations, so far, post Brexit.
Do you have a time machine? We haven't exited yet.
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Nick W

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Re: £600 a year poorer from 1st November 2016.
« Reply #20 on: 03 September 2016, 13:00:00 »

We have a Jaguar specialist in the village... they've a selection of E types, the cheapest being well north of three year old XF :o

A quick scan of Car & Classic showed that most well looked after and restored E-Types are advertised at 6 figure prices! So if you've space to store such a beast then I'd think it could be a good long term investment! :y



They've actually gone down since the fiftieth anniversary a couple of years ago. They're probably not going to appreciate much anymore, but I suspect you'll have to try hard to lose money on one. That's if you can stand to look at or drive the bloody thing.
« Last Edit: 03 September 2016, 13:01:33 by Nick W »
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Sir Tigger KC

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Re: £600 a year poorer from 1st November 2016.
« Reply #21 on: 03 September 2016, 13:05:31 »

Please remember that the value of investments including property and the income derived from them can go down as well as up. Past performance is not a reliable indicator of future returns and you may not get back your original investment.  ;)
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2boxerdogs

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Re: £600 a year poorer from 1st November 2016.
« Reply #22 on: 03 September 2016, 17:18:34 »

Have given up saving a few grand stuffed away in case of any disaster, but wife & me spend our income on enjoyment now both 63 years of age no debts , and as people keep saying "you're a long time dead" so now don't give a stuff about interest rates 😉
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Migv6 le Frog Fan

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Re: £600 a year poorer from 1st November 2016.
« Reply #23 on: 03 September 2016, 18:52:37 »

UK economy is exceeding anyones expectations, so far, post Brexit.
Do you have a time machine? We haven't exited yet.

Before the vote we were told that the uncertainty caused by a vote to leave would bring immediate financial armegeddon, which would require an emergency budget to almost abolish public services as there would be no money to pay for them.
Now its "the trouble will really start once we actually leave".
Don't worry, the UK will do just fine.  ;)
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Doctor Gollum

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Re: £600 a year poorer from 1st November 2016.
« Reply #24 on: 03 September 2016, 19:08:12 »

UK economy is exceeding anyones expectations, so far, post Brexit.
Do you have a time machine? We haven't exited yet.

Before the vote we were told that the uncertainty caused by a vote to leave would bring immediate financial armegeddon, which would require an emergency budget to almost abolish public services as there would be no money to pay for them.
Now its "the trouble will really start once we actually leave".
[]highlightDon't worry, the UK will do just fine.[/highlight]  ;)
Fortunately enough people were intuitive enough to see past the scaremongering bullshit :y
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Migv6 le Frog Fan

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Re: £600 a year poorer from 1st November 2016.
« Reply #25 on: 03 September 2016, 19:16:29 »

Exactly. :y
I read an article yesterday by a Nobel prize winning economist who is convinced the EU is doomed. It cant work, wont work, and only a matter of time before the whole train comes off the rails.
He was no right wing knee jerk reactionary with an agenda. He is left leaning, and was Bill Clintons financial adviser when he was in the Whitehouse. He understands though, that there is no way around economic reality. Politicians cant reinvent that reality. Even when they invent their own currency in a political effort to do so.
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STEMO

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Re: £600 a year poorer from 1st November 2016.
« Reply #26 on: 03 September 2016, 20:50:03 »

Exactly. :y
I read an article yesterday by a Nobel prize winning economist who is convinced the EU is doomed. It cant work, wont work, and only a matter of time before the whole train comes off the rails.
He was no right wing knee jerk reactionary with an agenda. He is left leaning, and was Bill Clintons financial adviser when he was in the Whitehouse. He understands though, that there is no way around economic reality. Politicians cant reinvent that reality. Even when they invent their own currency in a political effort to do so.
Joseph Stiglitz?
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TheBoy

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Re: £600 a year poorer from 1st November 2016.
« Reply #27 on: 04 September 2016, 10:36:53 »

UK economy is exceeding anyones expectations, so far, post Brexit.
Do you have a time machine? We haven't exited yet.

Before the vote we were told that the uncertainty caused by a vote to leave would bring immediate financial armegeddon, which would require an emergency budget to almost abolish public services as there would be no money to pay for them.
Now its "the trouble will really start once we actually leave".
Don't worry, the UK will do just fine.  ;)
Take the extremists out - as they have an agenda one way or the other - and what was mostly said is coming more like reality.

The pro-Farage fanatics are plucking at occasional straws in the hope that some (financial) good can come of it.

As it is, we're in for a long term dip. We all know it. Growth forecasts are all down, and look like they won't improve in the mid term. Those at the coalface are suggesting some of their industries are now in recession, even if a technical recession is borderline in the short term.

I fear for those:
Who want to retire in the next 10-15yrs, who don't have a DB pension. They're oppsed.
Who have paid off their mortgage and are now saving for a little nest egg. They're oppsed.
Those already retired, but not with a set annuity, as they're now oppsed.
Those trying to make a small bit of profit from their rainy day money, as they're now oppsed.
Those reliant on EU subsidies, they're now oppsed - any promises from prospective UK governments (not in power!) forget we still can't balance the books enough, and we've long run out of rich people to cover this deficit.

And the impact on immigration - which we're told would stop under brexit - is non existent, both legal and illegal.
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Re: £600 a year poorer from 1st November 2016.
« Reply #28 on: 04 September 2016, 11:36:15 »

I'm guessing TB voted to remain. :)
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Sir Tigger KC

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Re: £600 a year poorer from 1st November 2016.
« Reply #29 on: 04 September 2016, 12:21:51 »

I'm guessing TB voted to remain. :)

TB's half empty glass approach to life never fails to cheer me up on a grey Sunday morning!  ;D
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