Meet the Fokkers
Discussion
Is it only me ?
Only me that find it depressing and is quite frankly baffled ?
Only me that finds a complete lack of empathy by some of the guys on the finance forum,for the nurses,the refuse collectors,the bus drivers , the oap's living on a fixed income, and so many others that work in low paid unskilled or semi skilled jobs,but jobs that are vital for the benefit of our communities and society as a whole.
Are they jerking my chain,wind up merchants....what do you think ?
For 8 years now we've felt the effects of the banking crisis,the decrease in pension annuities,the very low returns on bank saving accounts,the inflation in housing prices and rents, in London especially,zero rate contracts that might suit some but a fair proportion want the security of a "proper" job.
Why do they refuse to grasp the fact that many average Joes are not financially savvy and even if they do have a grasp of the basics don't really want to involve themselves in the stock market or BTLs,both a popular way of increasing ones wealth,at present.
Why do they not see that the gap is widening between the haves and the others,or they do see and don't care,and that this cannot be good in the future for our society.
I know that some people are doing ok,and that others take advantage of our benefit system,that's a given but there are a fair few others that are struggling.
Only me that find it depressing and is quite frankly baffled ?
Only me that finds a complete lack of empathy by some of the guys on the finance forum,for the nurses,the refuse collectors,the bus drivers , the oap's living on a fixed income, and so many others that work in low paid unskilled or semi skilled jobs,but jobs that are vital for the benefit of our communities and society as a whole.
Are they jerking my chain,wind up merchants....what do you think ?
For 8 years now we've felt the effects of the banking crisis,the decrease in pension annuities,the very low returns on bank saving accounts,the inflation in housing prices and rents, in London especially,zero rate contracts that might suit some but a fair proportion want the security of a "proper" job.
Why do they refuse to grasp the fact that many average Joes are not financially savvy and even if they do have a grasp of the basics don't really want to involve themselves in the stock market or BTLs,both a popular way of increasing ones wealth,at present.
Why do they not see that the gap is widening between the haves and the others,or they do see and don't care,and that this cannot be good in the future for our society.
I know that some people are doing ok,and that others take advantage of our benefit system,that's a given but there are a fair few others that are struggling.
Edited by avinalarf on Friday 12th August 19:42
avinalarf said:
Is it only me ?
Only me that find it depressing and is quite frankly baffled ?
Only me that finds a complete lack of empathy by some of the guys on the finance forum,for the nurses,the refuse collectors,the bus drivers , the oap's living on a fixed income, and so many others that work in low paid unskilled or semi skilled jobs,but jobs that are vital for the benefit of our communities and society as a whole.
Please provide a link to posts showing a lack of empathy.Only me that find it depressing and is quite frankly baffled ?
Only me that finds a complete lack of empathy by some of the guys on the finance forum,for the nurses,the refuse collectors,the bus drivers , the oap's living on a fixed income, and so many others that work in low paid unskilled or semi skilled jobs,but jobs that are vital for the benefit of our communities and society as a whole.
avinalarf said:
For 8 years now we've felt the effects of the banking crisis,the decrease in pension annuities,the very low returns on bank saving accounts,the inflation in housing prices and rents, in London especially,zero rate contracts that might suit some but a fair proportion want the security of a "proper" job.
Why do they refuse to grasp the fact that many average Joes are not financially savvy and even if they do have a grasp of the basics don't really want to involve themselves in the stock market or BTLs,both a popular way of increasing ones wealth,at present.
If you don't understand something then you should pay for expert help from someone who does!Why do they refuse to grasp the fact that many average Joes are not financially savvy and even if they do have a grasp of the basics don't really want to involve themselves in the stock market or BTLs,both a popular way of increasing ones wealth,at present.
avinalarf said:
Why do they not see that the gap is widening between the haves and the others,or they do see and don't care,and that this cannot be good in the future for our society.
I know that some people are doing ok,and that others take advantage of our benefit system,that's a given but there are a fair few others that are struggling.
Equality of opportunity is the important thing, NOT equality of outcome.I know that some people are doing ok,and that others take advantage of our benefit system,that's a given but there are a fair few others that are struggling.
sidicks said:
avinalarf said:
Is it only me ?
Only me that find it depressing and is quite frankly baffled ?
Only me that finds a complete lack of empathy by some of the guys on the finance forum,for the nurses,the refuse collectors,the bus drivers , the oap's living on a fixed income, and so many others that work in low paid unskilled or semi skilled jobs,but jobs that are vital for the benefit of our communities and society as a whole.
Please provide a link to posts showing a lack of empathy.Only me that find it depressing and is quite frankly baffled ?
Only me that finds a complete lack of empathy by some of the guys on the finance forum,for the nurses,the refuse collectors,the bus drivers , the oap's living on a fixed income, and so many others that work in low paid unskilled or semi skilled jobs,but jobs that are vital for the benefit of our communities and society as a whole.
avinalarf said:
For 8 years now we've felt the effects of the banking crisis,the decrease in pension annuities,the very low returns on bank saving accounts,the inflation in housing prices and rents, in London especially,zero rate contracts that might suit some but a fair proportion want the security of a "proper" job.
Why do they refuse to grasp the fact that many average Joes are not financially savvy and even if they do have a grasp of the basics don't really want to involve themselves in the stock market or BTLs,both a popular way of increasing ones wealth,at present.
If you don't understand something then you should pay for expert help from someone who does!Why do they refuse to grasp the fact that many average Joes are not financially savvy and even if they do have a grasp of the basics don't really want to involve themselves in the stock market or BTLs,both a popular way of increasing ones wealth,at present.
avinalarf said:
Why do they not see that the gap is widening between the haves and the others,or they do see and don't care,and that this cannot be good in the future for our society.
I know that some people are doing ok,and that others take advantage of our benefit system,that's a given but there are a fair few others that are struggling.
Equality of opportunity is the important thing, NOT equality of outcome.I know that some people are doing ok,and that others take advantage of our benefit system,that's a given but there are a fair few others that are struggling.
sidicks said:
avinalarf said:
Never mind.
Sidicks,I respect your wealth of knowledge .but I am really looking for some more feedback before I commence battle.
Thanks for your interest.
avinalarf said:
I could have said the same after reading your post.
Please explain?avinalarf said:
Sidicks,I respect your wealth of knowledge .but I am really looking for some more feedback before I commence battle.
Thanks for your interest.
More feedback?Thanks for your interest.
You've made lots of accusations about what 'they' think without saying who 'they' are or what 'they've' said.
What 'feedback' are you expecting?
sidicks said:
avinalarf said:
I could have said the same after reading your post.
Please explain?avinalarf said:
Sidicks,I respect your wealth of knowledge .but I am really looking for some more feedback before I commence battle.
Thanks for your interest.
More feedback?Thanks for your interest.
You've made lots of accusations about what 'they' think without saying who 'they' are or what 'they've' said.
What 'feedback' are you expecting?
I find it difficult to debate with you.
You cherry pick a word or a sentence in my presentation without really addressing the thrust of my argument.
We appear not to live on the same planet.
Not saying you are wrong and I am right ,just that we have such different perspectives on matters that it's possibly less grief that we agree to disagree.
For example....
do you really expect your average Joe to say to himself ....
" I'm not sure what to do with my £25K pension pot ,oh I know I'll ,take my 25% drawdown,that's circa £6,250 and invest it.....mmmmm........I'm not sure in what.
Let me think.... Nope still not sure.....I' d better phone up St James place and ask an IFA to pop over ".
king glake". by Spudddd July ...
avinalarf said:
Feedback.....I hoped that Walm or Ozzie or Mr AN Other might join in and give their considered comment on the topic.
I find it difficult to debate with you.
You cherry pick a word or a sentence in my presentation without really addressing the thrust of my argument.
We appear not to live on the same planet.
As above, what is your 'argument'?I find it difficult to debate with you.
You cherry pick a word or a sentence in my presentation without really addressing the thrust of my argument.
We appear not to live on the same planet.
You accused some vague claims about undisclosed PH members with no evidence to explain your argument.
avinalarf said:
Not saying you are wrong and I am right ,just that we have such different perspectives on matters that it's possibly less grief that we agree to disagree.
For example....
do you really expect your average Joe to say to himself ....
" I'm not sure what to do with my £25K pension pot ,oh I know I'll ,take my 25% drawdown,that's circa £6,250 and invest it.....mmmmm........I'm not sure in what.
Let me think.... Nope still not sure.....I' d better phone up St James place and ask an IFA to pop over ".
I've no idea what point you are failing to make.For example....
do you really expect your average Joe to say to himself ....
" I'm not sure what to do with my £25K pension pot ,oh I know I'll ,take my 25% drawdown,that's circa £6,250 and invest it.....mmmmm........I'm not sure in what.
Let me think.... Nope still not sure.....I' d better phone up St James place and ask an IFA to pop over ".
Maybe try again when you're sober?
avinalarf said:
Quite sober sidicks.
Who I'm referring to is unimportant......
Take a moment ,read my posts thoughtfully,the thrust of which is self evident.
Then play the ball,not the player.
Anyway I'm off to bed,got a days work ahead of me tomorrow.
Goodnight.
I think it's only fair to name people and provide evidence for your claims if you're going to accuse people of a particular stance or opinion, rather than with pathetic thinly veiled posts like the ones above.Who I'm referring to is unimportant......
Take a moment ,read my posts thoughtfully,the thrust of which is self evident.
Then play the ball,not the player.
Anyway I'm off to bed,got a days work ahead of me tomorrow.
Goodnight.
Edited by sidicks on Friday 12th August 23:15
I think this Finance forum is the most sane area of PH! Lot's of genuine guidance from EricMc, Sidicks, Walm and others.
Under Tony Blair's "New Labour" the police, nurses, firemen etc were treated far more generously than anyone else. They may not recognise the stunning generosity of their situation but the plain fact is that's a huge cash hit on the taxpayer's purse. Worst of all, their nice pensions are all based on promises - there's no actual funding. So you have a government which insists on more and more funding discipline in the private sector yet just blunders on in the public sector.
Also there's the question of risk. Self-employed people face the real risk of absolute failure and few workers in the private sector make their way through a career without their company going bust, closing the factory or whatever. David Corbyn and his mates will be great at spending money but they probably won't trouble themselves with the minor detail of where that money's going to come from.
Annuity rates? It's not the annuity providers' fault people now have such long life expectancy and it's not their fault interest rates have been on the floor for a decade. The modern Drawdown SIPP may be a better route for many people than an annuity.
Where IMO people are getting raped by banks is when base rate has been 0.5% and credit card interest is charged at around 20%! But the real issue is the stupidity of people who spend/borrow on those terms. Then there's the yawning gap between what banks charge for a loan and what they pay savers - and the rate at which they chop and change accounts in the hope that savers will get left behind, stuck in some savings account paying a paltry 0.2%. The industry is still milking it, all dressed up as "rebuilding the balance sheet". Bankers must be rubbing their hands with glee at the Brexit vote, which substantially strengthens their position vis-à-vis the UK government. Now UK really CAN'T afford to upset the financial services industry.
If you're looking for right-wing nutters on PH the usual place for that sort of thing seems to be News, Politics and Racism.
Under Tony Blair's "New Labour" the police, nurses, firemen etc were treated far more generously than anyone else. They may not recognise the stunning generosity of their situation but the plain fact is that's a huge cash hit on the taxpayer's purse. Worst of all, their nice pensions are all based on promises - there's no actual funding. So you have a government which insists on more and more funding discipline in the private sector yet just blunders on in the public sector.
Also there's the question of risk. Self-employed people face the real risk of absolute failure and few workers in the private sector make their way through a career without their company going bust, closing the factory or whatever. David Corbyn and his mates will be great at spending money but they probably won't trouble themselves with the minor detail of where that money's going to come from.
Annuity rates? It's not the annuity providers' fault people now have such long life expectancy and it's not their fault interest rates have been on the floor for a decade. The modern Drawdown SIPP may be a better route for many people than an annuity.
Where IMO people are getting raped by banks is when base rate has been 0.5% and credit card interest is charged at around 20%! But the real issue is the stupidity of people who spend/borrow on those terms. Then there's the yawning gap between what banks charge for a loan and what they pay savers - and the rate at which they chop and change accounts in the hope that savers will get left behind, stuck in some savings account paying a paltry 0.2%. The industry is still milking it, all dressed up as "rebuilding the balance sheet". Bankers must be rubbing their hands with glee at the Brexit vote, which substantially strengthens their position vis-à-vis the UK government. Now UK really CAN'T afford to upset the financial services industry.
If you're looking for right-wing nutters on PH the usual place for that sort of thing seems to be News, Politics and Racism.
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