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Everything posted by Bootsox

  1. Enjoyed the first four minutes then it seemed to go off the rails.
  2. Wetherspoons is a great business offering fantastic VFM. They may be a little bit vulnerable however to a downturn in income from many of their, Labour voting, benefits scrounging, customers.
  3. Can't be far from the envelope of the Sound Insulation Grant Scheme: http://mag-umbraco-media-live.s3.amazonaws.com/1003/mitigationplusschemesplusbrochure.pdf
  4. Lovely looking place but is it not slap bang under the flight path?
  5. Interesting that the Labour supporting BBC aren't reporting this as a u-turn (a major one at that).
  6. I know these HPC discussion boards have been hijacked by the loony left but, honestly, what is Cameron supposed to say? Was he supposed to say, "I would love interests rates to be back at 5%", with the attendant headlines the following morning saying "Cameron threatens thousands of householders with homelessness"? If you really despise the Tories that much then simply vote for your big hero Miliband at the next election. You will then be able to witness first hand the country's economy being ground into the dust. It is my bitter regret that the sociopath Brown bottled on calling a General Election when he "inherited" the title of Prime Minister. That way, the extra five year's of Labour mismanagement would have been made it clear to even the dullest and uneducated members of the electorate whose fault this mess really was.
  7. The longer this goon hangs around the better it is for the Tories and the country. He is the 2014 equivalent of Neil Kinnock (sorry Lord Kinnock, another Labour party trougher).
  8. What knackers up this type of development, from an investors point of view, is the relatively short leases and the unregulated service charges. The two bed flat is a bit of a commodity but, depending on location, I think they are great places to rent but heaven forbid that you would actually want to "own" one.
  9. worked like a mule all my adult life. Big issue is that, from 55 onwards, I will be overfunding my retirement (i.e. pension income nudging 40% tax which is a massive disinsentive as far as I am concerned).
  10. From Telegraph article, this comment chimed with me: "The biggest advantage I can think of in what's generically called a 'private' education, is that it takes you away (for the most part) from all the wasters and disruptors that you will inevitably find in non-streamed and non-filtered schools. Sad to say it, but it's true." I went to state school where it only took a couple of d1ck-heads to completely disrupt the education of the other 30. Daughter went to a well known boarding school, much better.
  11. Found out today that the M6 J44 roundabout has had a new link road built which better connects up with the ASDA, easy to fill up when heading North of the border. 126.7 ppl
  12. IMHO, one of the most fundamental comments I have ever read on these boards. That and the Easter Island analogy, where a society pours more and more effort/resource into a non-productive asset (e.g. weird statues/housing) until all that's left is a desolate wasteland.
  13. 'fraid so: MOORING ANNUAL LICENCE FEES £5,652.30 (2014) inclusive of water rates. COUNCIL TAX £992.44 pa.
  14. Presume he is happy doing what he is doing... Trouble is, for this country, engineers are not particularly well paid (or recognised). If your mate was to horse on a bit he might get somewhere in the region £55-60k but for this he will have a load of responsibility/stress. The alternative is contract work, £300-400/day. Or overseas, e.g. Canada, similar tax regime but 2-3 x UK salaries.
  15. Very good tool. Useful for seeing how those northern city centre apartment developments, built in the early 00's, have crashed and burned (try it with part postcode LS10 1J).
  16. Demographics must play a part: Between 1961 and 1971 there were 962k births (these people would have been entering their prime "supping phase" between 1981 and 2001). Between 1981 and 1991 there were 757k births (as above, prime supping phase 2001 to, a projected, 2021). In some places, like East Lancashire, the local demographics are even more acute as there are significant populations who simply do not drink alcohol. The other matter, to me, is the quality of bar staff (I was out and about last night researching this topic). Some staff are as miserable as sin and just plain ignorant, unable to hold a conversation. Others friendly and polite (unfortunately the minority in this category). In the 80s/90s, there was such a vast number of people out drinking, bar owners could get away with running awful pubs. Now, especially at £4/5 a pint, you have got to have something special going to succeed, e.g. location, acts, ambience, good staff.
  17. Some years ago, when I was seriously hacked off with work, put together a spreadsheet in attempt to work out how much lump sum cash I would need to jack it all in and survive to state pension age. Notes as follows: My maths was a bit rusty so I had to research the internet to find a suitable formula. Formula works like a reverse mortgage. Different colour periods represent two parts of my life, i.e. sprog/sans-sprog. Spreadsheet ends in 2029 when old age pension kicks in. At the time, living fairly conservatively, reckoned £250k ought to do it.
  18. Pretty much summarises my current strategy (although I will delay taking the pension bit until 55/56). I already have a +£20k final salary pension coming in so I am not sure if the new rules benefit me directly (option of existing flexible drawdown arrangements), except that it sounds like it might open some form of "drawdown strategy" to a wider cross section of the populace and hence increase the number of service providers/reduce costs/increase t'internet debate. Otherwise, I have a deep suspicion that the treasury is moving towards a strategy of charging NI on pension income.
  19. When you say "a Scottish property boom afterwards", do you not think the yes/no debate has revealed the Scottish economy to be a house of cards (no pun intended), i.e. oil, oil and nothing else?
  20. I took early retirement last year at age 50 with a net monthly pension of circa £2k per month. I didn't really have a plan for retirement and I don't think I used the time wisely, mainly tootling around cafes and bars and generally just hanging around. A bit lonely at times as most people of my age are still working and the people you bump into during the day are quite a bit older. Anyhow, recently went back into full time employment and feel life is more purposeful again. My thoughts are about retiring again in say 2/3 years time but with a proper plan, possibly renting abroad for a few years (maybe the Canary Islands). Also, looking at putting max salary into a flexible drawdown pension. As stated above, save 40% + NI going in and pay 20% tax coming out. Drawing out the maximum I can but just staying below the 40% tax barrier.
  21. No big supporter of Wilson but, despite all the left-wing bleating, I can't see anything wrong with any of his Guardian comments, typically below:
  22. Very succinctly put, I couldn't agree more. There seems a corrupt attitude that benefit scroungers should be feted in some way.
  23. If there is a housing shortage, how come there are so many empty homes? empty homes
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