news & politics:discussion

[kaosmark2]

7 minutes ago, mattiloy said:

https://x.com/jrc1921/status/1747703694664024499?s=46

 

 

It's so irrelevant because the seat dies next election. He's not going to run in either Bristol East or North Somerset in the GE after the boundary changes.

Standard nonsense though.

[Crazyfool01]

off to watch Traitors .... or should I stay on news Chanel for that 

[Neil]

1 hour ago, Barry Fish said:

You really are a joke.  You come on here with your size nines talking absolute rubbish.  I explain to you exactly why your talking crap and you respond with even more rubbish.

Any FA will tell you investing into a pension is the most tax efficient investment you can make.     They actual real FA who advises me all the time says so as well.  I can invest from source avoiding all taxes, its tax efficient going in, and its tax efficient coming out.  This is absolutely 100% undeniably the best investment anyone can make as long as they are happy to wait on it. 

But Neil knows better.  Everyone else is wrong 🙂. While offering absolutely zero better options.  Thick as two short planks 😛 

Y ou need a better FA, cos money withdrawn from tax-free pension savings is taxable.

and you're very unlikely to get better growth from a pension than what you've paid in interest.

[Neil]

46 minutes ago, kaosmark2 said:

It's so irrelevant because the seat dies next election. He's not going to run in either Bristol East or North Somerset in the GE after the boundary changes.

Standard nonsense though.

i think i've read he's already the GE labour candidate  for Bristol east (be good to lose kerry mccarthy [there's a poster of her near my house which looks too  spookily like my ex])

[Neil]

1 hour ago, fraybentos1 said:

You did your usual of coming in with a massive statement then having nothing to back it up 

like you did about oil inflation?

[fred quimby]

4 minutes ago, Neil said:

Y ou need a better FA, cos money withdrawn from tax-free pension savings is taxable.

You are allowed 25% of your pot tax free. 

There other clever ways as well once retired

4 minutes ago, Neil said:

 

and you're very unlikely to get better growth from a pension than what you've paid in interest.

That all depends on what you are invested in and what interest you are paying onthe  mortgage surely. Stock market investment would have out stripped interest. Plus you pay no tax on those investments

[fraybentos1]

Just now, Neil said:

like you did about oil inflation?

I’ve not said anything about oil inflation I can recall so not sure what you’re referring to.

Yeah you’ve got me mixed up with someone else, I expect you’ll ignore this tho and double down 

[fraybentos1]

9 minutes ago, Neil said:

Y ou need a better FA, cos money withdrawn from tax-free pension savings is taxable.

and you're very unlikely to get better growth from a pension than what you've paid in interest.

First 25 percent is tax free. You really don’t have a clue. Please just wind your neck in. 

[fraybentos1]

2 hours ago, Neil said:

 

Or you’re just wrong about almost everything 

Edited January 17, 2024 by kalifire

[fraybentos1]

2 minutes ago, fred quimby said:

You are allowed 25% of your pot tax free. 

There other clever ways as well once retired

That all depends on what you are invested in and what interest you are paying onthe  mortgage surely. Stock market investment would have out stripped interest. Plus you pay no tax on those investments

It’s worth remembering that Neil is wrong about almost everything he thinks and says.

[kaosmark2]

6 minutes ago, Neil said:

i think i've read he's already the GE labour candidate  for Bristol east (be good to lose kerry mccarthy [there's a poster of her near my house which looks too  spookily like my ex])

Oh please no.

[Neil]

2 minutes ago, fred quimby said:

You are allowed 25% of your pot tax free. 

There other clever ways as well once retired

That all depends on what you are invested in and what interest you are paying onthe  mortgage surely. Stock market investment would have out stripped interest. Plus you pay no tax on those investments

if stock market is so good why are pensioners mostly doing BTL?

[Neil]

Just now, kaosmark2 said:

Oh please no.

i think i get bumped into bristol east by the boundary changes.

[kaosmark2]

4 minutes ago, Neil said:

i think i get bumped into bristol east by the boundary changes.

A quick google about the constituency and Kerry McCarthy doesn't show any hint of her standing down to me.

[fred quimby]

3 minutes ago, Neil said:

if stock market is so good why are pensioners mostly doing BTL?

Well that has nowt to do with what we were talking about.

But If people have I bet a good percentage have done it from money they took from their pension (probably many from inheritance) not sure many have been buying while in their 30's and 40's

 

 

[Neil]

Just now, kaosmark2 said:

A quick google about the constituency and Kerry McCarthy doesn't show any hint of her standing down to me.

from what i remember reading it was more that  matey wanted her seat (not necessarily her seat, but A seat) than  her standing down.

[Neil]

2 minutes ago, fred quimby said:

not sure many have been buying while in their 30's and 40's

not pensioners but have you never seen homes under the hammer? if maximising profit from investment is the thing then BTL is a much better investment than stock market.

Edited January 17, 2024 by Neil

[fred quimby]

3 minutes ago, Neil said:

not pensioners but have you never seen homes under the hammer?

No.

Are you saying Barry should have bought another house

Edited January 17, 2024 by fred quimby

[Neil]

1 minute ago, fred quimby said:

No.

chock full of people swerving the stock market for better returns elsewhere.

Edited January 17, 2024 by Neil

[fred quimby]

1 minute ago, Neil said:

chock full of people swerving the stock market for better returns elsewhere.

Certainly nice if you can do it. Wonder if they invest as well, bet that is never shown 

Not sure it adds up though for Barry to pay off his mortgage more efficiently was to take out another mortgage and pay tax on the earnings.

[fraybentos1]

30 minutes ago, Neil said:

 

and you're very unlikely to get better growth from a pension than what you've paid in interest.

Nonsense and I’ll show you the maths on that if you want 

[fraybentos1]

6 minutes ago, Neil said:

chock full of people swerving the stock market for better returns elsewhere.

You think most rich pensioner aren’t rich cause they have nice big pensions?

[fraybentos1]

11 minutes ago, Neil said:

not pensioners but have you never seen homes under the hammer? if maximising profit from investment is the thing then BTL is a much better investment than stock market.

Presumably you have a pension and not a BTL portfolio - why might that be?

[Neil]

1 minute ago, fraybentos1 said:

Nonsense and I’ll show you the maths on that if you want 

Ok I do hope you've done it properly.to account for fish being a kiddie Who escaped the early nineties.

[Neil]

1 minute ago, fraybentos1 said:

Presumably you have a pension and not a BTL portfolio - why might that be?

No. I don't give other people my money to lose for me I'm perfectly capable of losing it myself.