

Save me from the madness!
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About Save me from the madness!
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Universal Credit: £400/month
Save me from the madness! replied to Warlord's topic in House prices and the economy
Clearly its sad you're without work, and as an aside I find the way government withdraws support to pretty much 0 if you have savings of any real size wrong and a dis-incentive to behaving responsibly, but are you really suffering with a household income of £2800 pcm? I thought you currently had £200k+ in bitcoin stash too, Perhaps its more of phycological suffering this pandemic is putting you through? All I can suggest is let go of the anger, it will do you no good in the end. I find the pandemics impacts to peoples lives affects everyone differently, and this can make it hard sometimes -
First off, I read some of the original posts on this thread, at the time they were posted, and thought, "Sounds exciting, but clearly I've missed the boat after the price had gone to $400 so I'll sit this out." Over the years I've checked back in to read a few times and thought the same again at whatever the new price was. I admit my assessments of Bitcoin have been wrong... massively, sadly for my financial status. Moving forwards, I entered the bitcoin market just before Christmas using eTorro. I'm sure this service is not what a pure bitcoin evangelist would champion, as I've got no US
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Yep, so it would seem. I now freely admit I do not understand large scale economics. My household budget, that I understand! We're in the middle of a pandemic slashing profits for many (though not all) companies, with unprecedented Government support in many areas, unemployment rising despite that support. How nearly all asset classes have performed at near recent record breaking levels is beyond me. Let's say the Pandemic had not happened, all these asset classes would have performed worse!?!? Go figure!
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I admire them, fair play. I suspect they've had a helpful gift / inheritance for the property rental to contribute meaningfully to their monthly living costs, and I'd guess it would be more difficult if you were planning kids, but then they've took on 5 dogs so I guess they could make a child work in the earlier years at least. It makes me question my own choices, though ultimately every person's path through life is very different. Maybe in my later years I can try an emulate what they've done
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Given how much food our country buys from abroad and the publicised campaigns about how some families couldn't fully feed their children before, this feels like it has the risk of becoming a vicious circle. I struggle to see the solution these days sadly, or maybe its just that we've reached a place where all the solutions inflict pain somewhere.