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Soul Reaver

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Everything posted by Soul Reaver

  1. Bankers! God forbid No I'm not saying the bottom has fallen out. I'm saying we live in uncertain times both job/career wise and large purchase wise and it's a difficult decision. Buy here, move to Dubai. My guy feeling is this. Interest rates will rise within 2 to 3 years and it will be gradual and inexorable. All the over leveraged (probably 50% of Uk mortgage holders today) will gradually be screwed right out their front doors just like in the 90s. Interest rates are merciless once they start. The politicians will ring their hands but nothing will be done. Anyway we decided last night that we are going to continue building our pot and investing in small business and move to Dubai next year and start a business there. I honestly only see this country getting worse and worse over the next 20 years as I approach retirement More people Worse services Worse roads More crime Can I mention the weather? Can I add in here that my gut feelings over the past 6 years have been known to be quite wrong LOL
  2. Thanks. You hit the nail on the head. Yes we do save 10 to 12k a month and it is that that made me realize how MUCH 50 grand is let alone 250! People roll these numbers off their tongue like they mean nothing. It also a bit more complex in that my career has mainly been in Europe for 13 years with a spell in the mid east. I used to do a weekly commute with the red eye flight on a Monday morning at 6am. So we have always put off buying because I had an apartment and was only home at weekends. We both contract in IT. Over the years my industry has been steadily taken over by Indians who now sit at all the desks in the Uk (floors full of them) and Europe where my mates used to sit, the rest of the work is sent to India. Switzerland was a classic. When I started there were 4 Indians and when I left (when my job was taken over by one of them) There were 200 of them on one floor! Munich was the same as the whole of 02 was outsourced to Wipro and has not come back, that was over 200 jobs for contractors gone. We only survive because we have such strong CV's between us, but we are also only 4 weeks away from notice and then not getting that next contract as there are fewer and fewer. We are investing in other businesses for the day when that last contract comes or the rates get silly low to make it not worth my while putting up with the office ******** anymore. PS No I don't work in motorsport I just enjoy it but golf is way cheaper LOL
  3. Double whammy but yes you're right. I was so **** sure we would have a massive 50% crash and I would step in a buy the dream home for a song. WRONG!
  4. Funny that as I have not looked at rentals before but there are TONS of them! Really nice houses too. Makes me wonder where the owners are.
  5. We don't have a problem we have a choice I find difficult. There is a difference and I like to be measured.
  6. Last wife had Horses NEVER AGAIN
  7. You know I thought once that when I get to 5k a month ill be so rich all my problems will be over etc etc. It's a fallacy. As you earn more and you learn and understand how HARD it is to make lots of money value becomes more important, security also becomes more important because you don't want to have to go through the dreaded re-set. You say "even if you lose 250k on your dream home" as though nothing else would have happened in that scenario! Our jobs would also have gone too. Our jobs and lifestyle (I race cars and am part of a team) would go in a downturn like that and then we would be left with no money coming in but a big house to service. If we don't take on large debt like getting the dream 1 mill home and having a 500k mortgage for example then even if that happened we would have other opportunity's and no large stress. Were not tight by any means. I spend 2k a month on motorsport minimum every month and last year my yearly costs were over 30 grand but we do everything cash so its affordable. Debt worries me.
  8. Yeah lol. This is actually quite good value for how nice it is. 2.5k a month this one. http://www.rightmove.co.uk/property-to-rent/property-28219674.html
  9. Like this one? 4k a month http://www.rightmove.co.uk/property-to-rent/property-39657715.html
  10. Wife likes it I have a very different view as my last job was in Bern for 3 years and apart from the Swiss being rather boring the standard of living is excellent. Being 45 mins from the Eiger makes life very pleasant you know.
  11. Wifey sees it as dead money and not value.
  12. We do VERY much enjoy life but partly because of this site it sticks in my craw to pay a sniveling "home owner" (laughable term) 200 grand over what he paid for a place just because he is a sniveling "home owner" and he put some strategically placed sticks in the living room. If we bought our dream home at say 800k to 1 mill and then took a 25% hit that's quite a lot of money even for us. At 400k it's not so bad but still quite a lot. My main issue is that I really did believe in the crash, a big one! And what did we get? We got a damp squibb didn't we! Be just my luck that I held out this long and then buy and then it all kicks off LOL.
  13. ha ha good answer. Made me smile. Bit more info. We both work in and around London. I used to work in Switzerland but have since come back. We live with her sister in Slough and don't want to buy anywhere near London as we both see houses there as poor value and overpriced. If we buy anywhere else in the country (we look between Northampton and Peterborough down to Luton in a triangle) it becomes a weekend home as we work in London and we still live with her sister in the week. We both loathe long commutes. I favor just f-ing off myself as let's face it the standard of living in this country is very low compared to other places I can think of, have lived in.
  14. Wifey god bless her is talking more and more about A. A baby B. A home Options on the table are as follows 1. Buy home here, nothing too extravagant 400k tops 2. Stay with her sister and wait, a bit (being doing that for quite a few years now I might add)!! 3. Pack up and move to Dubai. A place we both enjoy a lot. Rent somewhere nice or buy and start a business in the sun. We are relatively cash rich netting about 20k a month so we save quite a lot. What do you think?
  15. I heard this on the radio and it pricked my ears up. I wonder how long it will be before we start to see inexorable, merciless interest rate rises then. God the over leveraged have NO IDEA what's in store once that starts.
  16. The missus and I are still living with her sister. We have not bought anything since I joined this site. We did go to look at this on the weekend. http://www.rightmove.co.uk/property-for-sale/property-40063024.html But come on, they paid 280 for it in 09 and now want 425 ROFL. We both like it, it's quaint if a bit pokey. But it's small and it just grinds us both that they expect a 50% increase since they bought it just because they have tarted it up a bit. We both concluded on principal we could not buy it off them for more than 325k and drove off to have tea and cake our favorite Saturday afternoon pastime which I might add did not cost us 425k. I fear that this is all we will see for the foreseeable in the UK. Still not all bad. we are both IT contractors and both in 6 month rolling projects so netting a lot each month between us. We have a nice life and houses are not everything are they!
  17. Yeah you're right and I am aware that's the risk but I think it would take quite a few years for a 550k house to fall to 250k. I'm not sure I would even welcome it because the economy would be trashed as would peoples lives not to mention my own. I can't see it at the moment.
  18. This I do agree with BUT it still leaves me in need of a home. My take on that now is we buy our dream home that we want to live in and love for the next 30 years and pay it off before interest rates rise and then it don't matter what it's worth or what we paid for it.
  19. Is that another prediction lol. Its funny I said to the missus last night I felt we are just about at the "Return to Normal" point on my favorite graph. BUT there has been no normal on that graph so far has there! Our new graph does not look anything like that.
  20. I guess it all depends on what and where. The missus and I are looking at 5 to 550k in Bedfordshire ish between M1 and A1 up to Northampton. I think most of those houses will not fall no matter what because the owners are typically well established. They will just say "its worth this and I'm not moving till we get X" We can like you keep waiting but I have been doing that now for several YEARS. Waiting on this prediction and that prediction. The whole sorry mess has not followed a traditional correction so all bets and predictions are off as far as I am concerned.
  21. Do you think they managed to get CGnao as a guest writer? "protect yourself" rings so much of him!!
  22. God this one is a right bear fest if ever I saw one LOL. Not sure if this has been posted and discussed already although I could not find it in search. http://www.fsponline-recommends.co.uk/page.aspx?u=eob2&tc=EMYKNB65&PromotionID=2147068528&u=41310&a=5&g=0&r=MC&s=45346&o=43364&l=186209& Thoughts on this little gem?
  23. That is what will hold you back right there! Anytime is the right time to do anything if you deem it to be so. If you sit each day thinking it's not the right time then you're just another ship without a rudder and there are lots of those. Look around you. They drift through life and never head anywhere and because they never head anywhere they never get anywhere either! I am one of those rare folks that does not mind admitting that money does indeed make me happy, in that it enables me to do things I love to do that I would not be able to do without said money! I have found that the people that say money does not make you happy have usually never had any. I get bored eating cream cakes Good testing books Edward Kit: Software testing the real world I have shifted my focus now and use mine and the GF's IT earnings to fund my internet based ideas. Mainly in the area of tools, I see what tools I like and then copy them and improve them using my IT knowledge, I outsource the dev work using Guru mainly and do my own testing of the end product. I also write courses and sell them as niche products via direct mail and google adwords etc. Just about to finish a new 400 pager. I do this because I DO want to get out of contracting and I DO like sharing my knowledge and earning money from it. Stompernet is a good place to be if you want to suceed on the net. My best advice would be as follows Read everyday without fail for at least 1 hour Apply what you learn Never listen to negative criticismn if it is going to hold you back, you only have so many minutes on this planet Don't cast your pearls amongst swine Keep firing arrows and sooner or later you will hit a target
  24. Nokia dont just make phones they have a HUGE chunk of business in CORE and VAS equipment (Physical servers). They had won a contract to setup a new telco in Dubai called DU. They had tried for 3 months to find CORE and VAS testers to no avail and so decided to take good testers instead and we could learn the equipment and then test it. As I had billing experience I was given all the boxes that produce CDR'S as my responsability. When we turned up the first switch was empty apart from the UPS battery and the generators outside, when we left Du had a fully operational telco It was a challenge and it helped I am a jack of all trades because I had to learn how to install and test physical hardware as opposed to the OSS BSS stuff I normally test. Whilst we were there they merged with Siemens to create NSN.
  25. The IDIOTS should produce a lumia that runs android and their troubles would be over! Windows, wrong direction guys.
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