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bear.getting.old

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Posts posted by bear.getting.old

  1. On 09/04/2020 at 14:33, markyh said:

    Because once I had seen the USA DVD import of "Blade" on a 32" 100hz top end Sony CRT TV , my older 25" Panny TV and Sony VHS player seemed totally shit , so I had to upgrade, Spent £1k on the 32" Sony 100hz CRT TV and £700 on the Pioneer DVD player.  I have always been a Home Cinema nut , especially more in my youth. 

    Plenty of people still don't have 4k BLURAY and 55"+ OLED TV's and 4k SKY Q 2TB system's , I've had both since 2017, Sky Q since 2019.

    Just to add to my frugalness re my other posts today and related to this topic, I refused to buy a flat screen TV until 2015, because they simply were not as good as CRT's. I kept CRTs. I even had a £30 ebay used HD CRT made by samsung which wasn't bad. A mate gave me a plasma the picture was good on HD but with motion it was not as good as the samsung CRT. OLED is the holy grail but it is still way too expensive for a skinflint like me but maybe sod it as I reduce my capital to £6000 to get benefits like everyone else maybe I should buy it now

  2. 1 hour ago, surfer9 said:

    I was told by my solicitor/conveyancer that 'everything is on hold due to the government guidelines', but I looked at the guidelines and they read that I could complete as long as the house I was buying was unoccupied, which it is as it's a new build. So I questioned them on this as I tentatively want to go ahead, but they haven't got back to me. I am sure they should know that I am allowed to continue with the purchase, surely they are intelligent enough to understand the guidelines, but I am wondering if there is a reason why they told me things are on hold.....not sure if they are set up to deal with the process as they have just moved out of their office and are working from home.

     

    I reminded my solicitors that it was a vacant property and they got on with it. Bear in mind you will have trouble getting removal men if you need them, and if you don't - buying things you need like beds, furniture, appliances and even getting a phone line connected. I speak from current experience!

     

    I would advise anyone who hasn't got their heart set on a house or needing a house to pull out  and wait for the crash

  3. 1 hour ago, surfer9 said:

    I have been umming and arring about completing my house move, but what do I want, to be in a house share with tenants I don't really socialise with and a landlord that is greedy / likes sending people round to do DIY, and noisy neighbours that love to do DIY or let their kids run around their garden screaming for hours, or more to what I think will be a quieter neighbourhood on my own, with my own garden. Already got a good price.... job intact.... I think I am going to complete this month.

    I just completed on what I thought was going to be a nice quiet area and it is far from it. Next door neighbours kids are running around stomping floors and screaming like a playground until 1am. Other neighbours and their kids are being noisy in the gardens all day and nearly every house seems to have a dog.Of course I heard saw none of this when I viewed on multiple times and dates. Be careful. Lockdown of course is making things worse and the brats are out of school

  4. On 10/04/2020 at 14:11, phantominvestor said:

    My savings are being eroded away by inflation and quantitative easing.

    At the same time I don't want to be a mug and working forever.

    At the same time,  I cannot afford a house.

    Should I just spend my money and be feckless?

    Go on benefits?

    I'm thinking exactly the same. I've always done everything in my life to save money, be prudent. From working all the overtime they gave me, to running a crap old car, to staying in, not taking expensive holidays, investing wisely, even not getting married and having kids and chucking any woman who wanted to.....

    I'm the mug, I'm the loser. Here I am in the middle of COVID sitting on cash and assets, not employed, sitting in my cheap cash bought house burning savings. And watching every other sod being paid 80-100% to sit at home. No help at all for people like us. It is really rather depressing. Might as well spend it ASAP, until 6k left then I can claim universal credit.

  5. On 27/03/2020 at 23:41, Confusion of VIs said:

     

    Really have you got any links to these pro EU articles?

    I'm talking about the magazines in his pubs. It started by saying here are the EU articles from both sides of the arguement so you can make your own mind up.

  6. On 27/03/2020 at 23:41, Confusion of VIs said:

     

    Really have you got any links to these pro EU articles? 

    Brexit has happened but failed completely to deliver what was promised to win the referendum.

    Good to see that you agree we now have more important things to worry about so where does that leave the Brexit negotiations? Will the UK's economy be in a position to take another hit from BJ's Australian (aka no deal) Brexit at the end of the year.  

    Brexit has not happened because it has been held up by meddling remoaners abusing the courts etc and trying every little thing they could to try to stop it. So if it hasn't 'delivered' it is all down your remaining friends for stopping it. It's very surprising that you can't see that. As for your other comment, well that is no surprise that again your remoaners are now using COVID19 as an excuse to delay and ultimately try to cancel brexit. Not giving up still. Well guess what, 17.4 Million also haven't given up and democracy will always win.

  7. 13 hours ago, Smiley George said:

    Be great if the 'bank of mum and dad' also withdrew all lending facilities as well...that would also be a massive 2 fingers to the banks and VI's.

    It is one of my most hated terms that has arisen as a consequence of the ridiculous post-GFC house price bubble. It's peddled around by the press and VI's as if its now 'normal or 'the done thing'' to expect this additional borrowing stream to boost house prices. 

    If people just took a step back and thought for 2 seconds about what is actually going on, who is the only winner out of these transactions - the banks.

    Sorry to be negative but won't the government just do the usual 'funding for lending' interference in the free market? And expand 'help' to buy?

  8. On 26/03/2020 at 11:20, nothernsoul said:

    Tim martin brings criticism on himself. If you put a newsletter containing your personal political opinions on tables in all your pubs, whatever those opinions are,  you make yourself a political figure, along with the criticism that comes with it. 

    The reason a pint in wetherspoons is so cheap, is they can buy lots of barrels of beer cheaply near the the sell by date, and use it up due to the volume of pints they sell. They must have the whip hand when dealing with suppliers. 

    I dont dislike their pubs(the better ones) incidentally. The burger meal and a pint is a very good deal. 

    The newsletters have balanced articles both Pro and Anti EU in there.But his brexit stance or politics has little to do with the situation of wetherspoons jobs and shut down. Yet as typical remainers they are desperate to cling on to anything or any little thing because they still are not accepting brexit. It's really very sad, especially given we have more urgent things to worry their rather small brains about.

  9. On 26/03/2020 at 10:09, msi said:

    The guy makes half baked arguments and jumps to *****'ed up conclusions and you want to defend him?

    I defend your right to do that, but I call you out for what you are

    He talks complete sense and is simply right, unlike a lot of our MPs. Straight forward, plain talking, sensible businessman who has contributed  greatly to the British economy. He goes against the grain many of the big corps who are in reciept of EU bribe money, that they always give out, to buy opinion and support for their half baked existence.

    Ok you called me out, only for being right though.

  10. 8 hours ago, msi said:

    Moron - stick to pulling pints

    Brexit:  spouts  'we can flourish on our own after Brexit'

    Covid19: spouts  'F*** off to Tesco,  I won't pay you'

     

    That is not what he said, if you could be bothered to actually read the news regarding Wetherspoons pubs you would well know that.

  11. On 21/03/2020 at 16:22, Orb said:

    It depends how much cash and what you can do with it. I'm all in cash too, about £75k life's savings, and I'm bricking it. I'm thinking about snapping up a northern terraced now while I can. At least that'd be a useful and tangible asset. 

    There's a real difference on opinion here on A. If cash will be worthless or not, B, when that will happen and C. If it does happen how best to protect your cash against hyperinflation. I'm confused.

  12. On 19/03/2020 at 19:40, Dean said:

    Anecdotal:

    Yes, it will, because we just received an offer on a place (sadly selling due to probate, loss of a relative), looking like the buyers (FTBs) will pull out (which even though we priced well below market by about 25k ish as we didn’t need the stupid “market value” prices ) is perfectly understandable given the current mayhem going on and I don’t blame them at all for using common sense).

    This was to be the thing that would finally allow my family to return to Canada to buy our own place after an especially nasty year (currently can’t return due to travel restrictions), it’s a two bedroom place so sadly it is not even really livable for us long term as we have three adults.

    If I told you about the sheer amount of consecutive bad luck I have had over the last ten years you would say I was making it up .....so yes, using myself as a bellwether it will one hundred percent crash now that my family has a place to actually sell :D, the inheritance also means I am now not a first time buyer as well so will have to pay more tax if I do now have to buy in England :D

    By the way this is not a sympathy post, there is a pandemic going on which obviously trumps stupid stuff like a house sale in my opinion,  this is to make you all feel confident and positive that prices will definitely crash now because I am definitely a bad luck jinx. :D

    I see it from your side best of luck. Chaps this must be going on all over the place buyers pulling out. I'm about to complete on a house purchase simply because I need a house. It's only cheap less than 70k, had I been buying something 'forever home' and doubled the budget I would have pulled out by now I think, too much to loose. On the other hand if these inflation predictions are right I'm glad I am buying something if we are going 70s again.

  13. 15 hours ago, jiltedjen said:

    it’s pretty much the goal.

    maybe not flat out total currency distraction.

    but certainly to lower the pound against a lot of other currencies.

    - make manufacturing more competitive (only few real value creation industries we have)

    - reduce our reliance on banking, which has been seen a con 

    - allow a big house value fall while still having them increase when denominated in £  

    - feel good factor with wage rises 

    - much more lending to those who found their monthly wage suddenly easily clears months of debt 

    - bails the stock market out

    - pensions have uplift clauses which won’t keep ahead of inflation which makes the old affordable suddenly 

    and in all of this, they can package it all as help, which we all need. 

    So during this transition during the virus, they are killing a few birds with one stone. 

    Wiping out people’s mortgages with inflation. 

    It will be a big wealth transfer from the old to the young.

    as long as your not all in cash. In which case... um.... I suppose you should be digging out the lube and a bit of wood to bite down on 

    Is this their aim to create inflation? Because at the moment they are fighting deflation. Every time they 'inject' money into the system it should be inflationary. But they seem to be causing deflation. How does this work>? Do they really know what they are doing? Its not exactly stopped the shares sell off every time central banks do it

  14. 14 hours ago, Roman Roady said:

    Really?

    The UK on lockdown for 12months and possibly more, tens of thousands dead, many more crippled for life.

    Workers on 80% wages, pensioners now on severely depleted funds.

    This would be bad enough if it were the first disaster, but we didnt recover from 2008.

    And all of this with BJ as PM with the boy Sunak as Chancellor with the tangerine idiot in the Oval office. Brown, Darling and Obama they aint!

    Also

    • I do not think that the levels of support are sustainable in the long term.
    • There are no guarantees that we will get over this in 12 months...the world HAS to obtain herd immunity eventually to move on to normality.

    This all assumes that the Chinese don't launch a hostile economic bid to claim world hegemony as revenge...they are making noises now about this being an attack.

    Imagine a new gold backed foreign currency launched in the next few weeks?

    Hey world, its us again. Not only have we recovered from corona virus (for now!) but we have 10,000 tonnes of Gold for you to inspect.

    Brown, Darling and Obama  - they are all first class idiots. Thank god we have Boris and Co and a Conservative govenment. if you wanted us to go to hell in a handcart then Labour would have done the job- oh wait, they got totally pummeled and wiped out in the elections with the majority of the public voting for sense

  15. 16 hours ago, richmondtw said:

    I do not know anyone who is scared People who I know who are working from home  because they are told to but think its is a huge over reaction.  

    None of my guys are at home even though they can work at home at any time they wish  hey have no uncertainty other than it will pass even the origin in china has ceased to have new cases.


    Same in my local pub which is as busy as ever and where I will be at 5 pm today.  People I meet at work still shake hands friends still kiss and hug. 

     

    I know at least 2 friends who are scared of getting it. I also know another who is scared his parents will catch it and is very upset about people carrying on in pubs etc

  16. Reports from Dublin is that students have left, holiday makers have left, and immigrant labour has left, meaning that there is now a glut of rental property empty in the city. Bargains are to be had, rents are dropping and air BnBs a plenty. This surely will be happening in London now that the shutdown is getting closer.

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