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About StainlessSteelCat

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  1. I too have some Malaysian connections and it is surreal to see adverts for london property over there. It's not a currency exposure I'd be keen to put myself on the hook for. I vaguely considered investing the other way a few years back as a retirement bolthole, but the price of houses compared to local salaries seemed nearly as insane as over here.
  2. The Telegraph has always hammered the Tories despite being pro-tory. I guess like the Guardian, they know their readers are filled with self loathing.
  3. Foreign aid budgets are a mixture of subsidies for big business and projection of soft power. Given the billions wasted on war and it's limited ability to change minds, it's probably quite good value.
  4. High unemployment is always preferred by governments as it provides a handy scapegoat, keeps wages down and keeps the work force fearful of losing their jobs so making them more compliant. Unusual for a politician to be truthful though.
  5. People have to demonstrate their status somehow. Houses are out for young people, so cars it is - and hence financialisation of that. Once that's been blown up, it'll likely be bicycles next.
  6. Hard to do if you aren't able to produce sprogs. Actually there's not. You can get caught in the too qualified/out of work too long trap. Missus returned to work a few months ago after 18 months of unsuccessful applications, interviews and even one try out. Entry level jobs are near impossible to get if you have any decent qualifications, history of serious illness and/or past a certain age. The guy from wheverstan is likely leveraging local contacts and will be employed because he will be seen as someone who can be pushed around due to ignorance of the system. Unemployment in BME is often very high so perhaps your assertion doesn't hold true.
  7. Indeed. A friend of mine often tells me about his Dad's life as a journalist in the 50s and 60s. The guy would go to the office, drape his jacket over his chair and then go out - and start work at another newspaper. Liquid lunches were not uncommon either.
  8. Yeah, it's a good book - and one I took to heart when designing my lifestyle.
  9. Yes, I while I've always put a little into my pension - I realised too late one year just how much of a tax break it is. I didn't make that mistake again. I have a decent company pension with low charges so have stayed in that for now. It was probably also a mistake to concentrate on saving to buy a house outright rather than a mix of investments. Probably wasted some time/money that way. While I'd argue nearly everyone can save something for a rainy day, earning more will make the most difference to your wealth - providing your lifestyle doesn't inflate alongside it. I'm at the stage where I could FIRE if I wanted to, but I'm waiting to see how things pan out at work later this year. My ideal would be go down to 3 days a week.
  10. The principle is a good, if old, one. Clearly doesn't apply to the too poor to buy lattes & iPhones group. Personally, I'm of the view that selective consumption is better. If you really enjoy your daily coffee, then keep doing it - and try and find another area of life to cut back on. When I was heavily into saving, I always had a decent computer, but was happy to forgo holidays.
  11. Or have a section of the forum which is configured so it isn't indexed by Google (i.e. only logged in members can view it) and perhaps funded by some kind of user patronage?
  12. Good luck actually finding Band A properties in some areas. When I lived in east London, the crappy 1BR flat I had was Band B. I used to joke to the missus that Band A must be a dog kennel.
  13. That's right. It's a similar situation when we go back to the missus' home. Any babies and kids are watched over and looked by the entire longhouse - so the parents are never as exhausted as many parents I see in the UK. Missus occasionally has some her Filipino friends to stay (she's not Filipino herself, but knows a lot from church). One time, we had nearly a dozen staying and it was great. I'm not sure I'd want it all of the time, but I don't think humans were meant to live alone/in tiny groups.
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