Member Info for Investerintheknow

Something tells me, reading your posts, that you put those looks to good use :)

If one has ample time, Chops and changes can be adjusted for, but when pensions etc are at risk and sequencing issues (assumptions of how and when the money is drawn down in the early years of retirement, and how that can affect the long term health of the pot) - it is much harder to adjust for dramatic chops and changes. It is a luxury to be flippant in youth, something that we all might have been.

Im angry (concerned) because , having planned my life , retirement, saved, earned, moved home in readiness’ for old age etc. Within the matter of the last four years - my savings have depleted by37% in real terms due to inflation. My investments are the only thing that have kept on track (planned around pre-existing rules) – and due to RR growth. Changing things dramatically now – it’s too late in my life to start to adjust and make meaningful alterations, which might offset potential issues. Had I amassed millions or not bothered at all – I might not fear things as much. Add to this the fact that the governments (over the last 35years) have been failing to invest in the UK power systems, the military , education (which should have created a new a cohort of GDP generators) etc etc … I fear for my old age. I don’t want to be poor, and I don’t want to live in a country which is poor, full of poor people.

Globalist leaders from John Major onwards (in many countries) are to blame, indeed John Major said he wanted to make a ‘classless society’, looking around at some of the people who live near me – hi’s dream has come true, there’s little bloody class.

Cev, let me help you out dear. You seem to like to condescend yourself around the place, something that I wouldn’t dream to do. But for a person of your calibre, I shall hold back and merely say,

Investorintheknow (it’s investErintheknow- it’s a name and as such can be spelt however the person wishes) , never ever (with never, ever is not necessary) , has a user name (username- all one word, used during logon) been more inappropriate.

Do you seriously not know the difference between Capital Gains Tax and Income Tax. --- I sure do, and I also know that each time one fills up the car with fuel; two taxes are applied – one on top of the other, as such; what is to say that doesn’t apply here.

Surely the words, Capital abd (????) Income define the tax.

It's one or the other, it can't be both. (Boolean logic dictates that OR can be both, an ‘exclusive or’ ( XOR) would be applicable if both outcomes cannot occur at the same time)

Pkease (???) don't get going on dividend tax for God's sake. – I wasn’t, and God has nothing to do with this.

Dividend is a word that defines a source of income, not Capital Gains. - are you telling me that because you foolishly believe I need to know it, or just to prove that you know it?

Please change your user name (username) to investorwhoknowsnothing and try not to reak (???) havoc on share forums. – hardly havoc, indeed reviewing your posting history , it would seem that you are WREAKING havoc. Now I grant you leave so that you go back to playing with yourself in front of the mirror.

Ooo, get her. you joined here two years ago and now lording it around like a dogs rrrs, guess you've never heard of satire

@bav1975, cheers. Having never been in this situation before and wanting to use the cash in the very near future to move house (my present neaghbour screams 'yes yes yes' every evening ') Im thinking I'll cash me 'ordinary- non isa' shares out. cheers

Just wondering , if someone was to cash in , lets say £100K of RR, and as such were to pay £10K in CGT, would they also have to declare this as an income and have to pay income tax on the £90K they profit ? (via a self assessment) OR B) they would just pay the Capital Gains tax bill and pocket the £90K ? :)

I know some dont like people talking about other things than RR on here - but it's a sunday and the markets are closed. Soooo.

Should you / Are you selling now and pay Cap Gains tax or risk keeping and pay Cap Gains after the budget ?

I don’t know what the answer is ,,,, you've either got to be stinking rich, or poor (on benefits) anything in between becomes demoralising. But I know legit people on benefits (sickness) must feel so much anger too., and I wouldn’t want to harm the legit cases.

Although, she’s not the worst I know off. Living in a small house in a cheap area –up north, I bump into all manor of people that I didn’t meet ;when I worked full-time in my younger days. Of late I have a friend (2 years off state pension age) – who is very ill, and now semi retired – looks after his mother (in her late 80’s). He tells me of the shame he has for his younger brother and sister – who have both milked the system all their lives. Claiming pips – when there is nothing wrong with them, faking illnesses so as to gain access to assisted housing , having gastric bypass surgery – yet still easting chocolate by melting it down into a liquid and hence still the size of a balloon, weekly visits to the doctors about nonsense -just so that they stay on PIPS and avoid work, When you live in ‘the community’ you get to meet and hear of all sorts of lowlifes. The ordinary guardian reader would think that I am making this up – but I can assure you that I am not.

'How do you work with someone who is on the dole? ' -

She was on the dole till her early 40’s , then decided to study for a sociology degree after which she started work with along side me at 47, where-in started to spout her victim-hood life style and Looney left politics. proud as puch that she'd milked the system for most of her life

I'm pondering weather (or not) ; am a working person (ref labours present gaff). I have spent all my adult life – working for the most part, never claiming (except for 2 years when I cared for a dying relative) and by saving hard (and investing), I’ve never had debt (other than the house), live in a tiny bungalow(which I eat beans on toast for years – so as to pay off). I have a annual income of about 7K from which I live on (paye and divis), and the main stocks and shares which are my pension (enough hopefully to last). By contrast – a lady I work with (during my part-time job, who happens to be a rabid labour supporter)- has spent her life up until 43, on the dole , eating –to the point that she is the size of my bungalow, smoking- to the point that she now has COPD and had several heart attacks, drinking, popping out kids(with no father) – so she could get a council house, is now in receipt of PIPs, and now tells me that I should hand over all my savings so that she and her ilk (offspring) can continue their waste of oxygen life style. The 2006 Film Idiocracy is finally upon us ! ,,, and I haven’t even mentioned the boat people

“Weak people revenge. Strong people forgive. Intelligent people ignore.”

― Albert Einstein

;o)

'The world runs on Money and S*x - simple as that :)' LOL, so true.

Reminds me of a line from Mrs Merton show 'So Debbie Mcgee , what first attracted you to millionaire Paul Daniels ? ' Classic !

*smug polliticain ..

NotZero ,

You are correct. :)

nocheesecake,

LOL, yeap you are right, and think of the associated energy demand for processing, pollution and energy losses involved along the way - to take a forest to; chip it, to ship it, to burn it, to convert to steam, to drive a turbine, the transmit LOL its just a sodding joke,,,,, but wait, some government pollution will be smug and warm by some false green glow

............. and added to this , our government seem intent on importing and welcoming more and more people to this country - all of whom will increase the energy demand, pollution and food demands (yet them and those stupid green party seem to conveniently forget this major source of increased pollution and welcome them all with open arms)

Badland, I know, I've priced it up so many times over the last 20yrs and still I get to the conclusion that I can't generate enough energy with them to heat/light and run my home to a decent standard of living through the winter months (that’s not to say I’m against wind/solar – I’m not). Hence I concluded , based on cost and energy demand, to take the much cheaper option of using more polluting options - calor and diesel for heat and a couple of rechargeable batteries for low powered items around the home (lights 10watts max, small TV 13watts, Atom Laptop 6watts etc). Total cost was about £350 outlay and then diesel and calor gas as and when - cheaper than my present annual Standing charges !

Trello; we unfortunately have breed (and voted in )a generation who do not understand the first thing about Engineering & science matters. The vast population see those silly little cheap Chinese solar garden lights and think that they can be adapted to heat their homes. Regardless of whether the future is nuclear or some other constant source of energy; our governments have dilleyd and dalleyd to the point where blackouts will not be uncommon. Gas is now shipped in , Coal has stopped, Drax only burns tree chippings (shipped in from Canada), and as such youll only need a couple of very cold still winters day and the nation will use up vast quantities of gas since its used for both heat and energy generation. Personal, I have purchased leisure batteries, 1 1.5kw Pure sine wave inverter, a diesel heater and calor shower(for hot water). Being educated and working in Engineering and science – I’d advise everyone to do the same

I think its time the public gave these idiots a lesson; pick a date, time and have people put on every 1KW+ device in their homes, lets see how Solar and Wind cope with that !