Member Info for wasred

Troublesome if you have the former, health, a little bit of the latter, gold, will help you enjoy the former all the more. From someone in the front line, similar to a fair
few on here. GLA

Matty, so pleased I misread your initial relevant post. Leaving a good position to look after your father is a wonderful reflection on your character. It is to be applauded. I can understand your frustration however, taxation of any sort is, whilst necessary, is always regarded as an imposition on those on whom it is imposed. Perhaps your previous firm has an accountant with sufficient knowledge to assist? Although the esteem in which I hold ACCS is only slightly lower than the legal profession.
IHT is a subject that will always raise opposing views probably based, for people like yourself, on the circumstances you find yourself in; and I have sympathy for yours. With a wind of good fortune astern, as your posting on this BB, possibly your saviour will be GGP. However, as like myself as I deal on behalf of a foreign based (interred for 4 months by the UN) daughter, there will be CGT.
Finally, a quote from Daniel Craig today, 'I find the idea of inheritance distasteful... ...my philosophy is to get rid of it or give it away before you go'.
Some for, some against. As AL said 'you can please some of the people some of the time........ I hope you will find a just solution to an unenviable situ of theation, and that your father retains his awareness so your remaining years with him can be enjoyable for both. GL.

Schlemiel, it would be very interesting, and a severe backward step, if we attempted to live free of the state. We are a country of some 70m, allegedly100m if the illegals are counted, so rules, whether we like them or not, are a necessity and authority to enforce those rules are a further necessity.
Socialism and capitalism are the two greatest forces in civilisation, it is the entwining of those forces which we tend to have differing views. It has to be right to protect the more unfortunates in society, and equally right to allow profit to be made from labor durus, with the former supported by fair taxation on the latter.
IMO

Matty, every tax is 'unfair' to somebody, nobody relishes payment. However, in order to fund the running of the country, taxes have to be raised. IHT is the MOST fair tax IMO. It is not a tax on the living, it is a tax on the deceased which, unless they are attempting to go through the eye of a needle, will not be of great concern to them.
I am not without sympathy for you position, particularly for your loss which I, through differing circumstances, avoided. I even agree with a lot of your complaints. There are families, not only in this country but worldwide, whose descendants in 100 generations to come, will still sit in a privileged position. The real injustice to my mind, comes from the haste in which the appropriation is applied with little, if any, time given for adjustment to life being made after the loss of a loved one, but the line in the sand has to be drawn somewhere no matter how distasteful. Appreciate what you've enjoyed for all your life to date, may the better part be still to come, but we all at some time have to make adjustments in our lives.
Look around the world and you will see real cruelty, then maybe your life will seem a little rosier. I can only wish you well, time is a great healer. IMO.

Mattyboy I understand and endorse much of your 'rant', and fully appreciate the pain behind it. However my point is
(1). You have inherited a property worth over £600k, which you did not earn. You pay £150k + some interest leaving you with around £450k thanks to your thrifty parents. You are in a very priveleged position not accorded to the majority.
However
(2). If you are still !iving in your father's property, it is rather remiss that legal provision was not taken, (mind you I loathe the legal profession / shisters having lost everything and 15 years of my life through their initial negligence and then self protection). Therefore once your IHT is paid you will still remain in a a very fortunate position with around £450k to invest.
(3). We brought up 4 children but as we were 6 days a week self-employed were never in a position to take a holiday until, thanks to lawyers, we had a 15 year holiday.
As regards the super rich, the workshy, and abusers of our generous welfare system, I fully agree with you. It is very frustrating to watch the abuse, including legal aid, and it is no wonder these would be brits try to row the channel in order to join the benefits queue, totally against EU rules regarding application for asylum.
My main point is that you, and others in a similar position, are very fortunate to be presented with a large sum of money you did not earn. As a war baby, adopted, I never knew my father, and was 30 before I met my mother. But that's life, some have it easy some don't, as it happens, excepting those damn lawyers, I've enjoyed a fortunate life. We all want to leave something for our children to remember us by, but look áround the world, you will see that even if you were made to surrender all your inheritance you would probably be in the top 10% of the human race.
Render unto Caesar that which is,.............. Then count your blessings. IMO.

X

Tolle that is known as schadenfreude, in German but a word that slowly (very) creeping into the English language. Another is gluckschmerz, jealousy of the success of others. Hopefully such people will eventually suffer from it. GLA

So, bigbench.
1). No loss to your friend as he hadn't earned it;
2). There are thousands / millions who would love to be in the position to have that problem; &
3).: Those that take the most out during life, should put the most back in death. IMO

of coronavirus to the government is going to be huge. Everybody is going to have to share the burden of keeping themselves, and others, alive. Expect rises in taxes, capital gains, possible raids in some form on ISAs, increase in VAT, even a tax on share dealing on AIM. If you have to pay, however they decide to raise it, don't moan. Just be grateful your still alive to pay it. IMO.

Normal English for the oldies. I've had to Google 'my bad'. My error is just an extra 2 letters. GLA.

I am not sure I agree with you tiggerman. There are always many things going on in the world that will influence a company's shares including GGP. Yes, there are several posters, PaddyGall especially, who contribute more than their fair share. However, IF this board is to solely comment on GGP, and I've been here nearly 3 year, and limit the discourse to the number of drills, the vagaries of the share price movement, the expectation of when the next RNS will surface, it would become a very boring board. There is a whole wonderful world out there, why restrict comment to your expectations of the profit you, me, and other ' impatient' investors will make. Solely my opinion of course, but I wish you well, but IMO differing views are there to be discussed with appreciation of a different view and without rancour.

Arnie you set out to provoke and to a certain extent have succeeded. In my day women were mostly ladies, who did not cuss like a trooper, accepted their femine role in life, didnot go round swigging pints, cussing, wear trousers, and try to emulate the male at every opporunity. As an example, leaving my newsagents a few months ago, I held the door open for an incoming lady who courteously acknowledged me. She was followed by a gum-chewing very tattooed woman who, presumably recognized old fashioned courtesy from a lady of which she clearly disapproved, looked me straight in the eye and told me to f off. Yes I am an old codger but I have lived in the past and present and, for enjoyment of life, when I could stroll the streets at night without fear, leave a bicycle propped up against a kerb without having to chain it up, I lifted my hat and gave up my seat to ladies, still do to the amazement and titters of the younger generation, appreciated the knowledge of the older generation, gay was a lovely descriptive word denoting a carefree dispositon, and batsmen walked (usually), you did not. Indeed the world has moved on, for the better in many instances, however if I was asked if I was offered to be part of today's generation, as opposed to mine, I would most emphatically decline. QED.

Arnie, I will break my rule about conversing with persons I regard as troublemakers, and say yes if you wish. That is from where it originated, therefore could be termed as such. So what!!. It is not always what you say, but how you say it, and the intent behind it. That can usually be diagnosed from voice inflection and manner of delivery. GLA.

VC, one has to be very careful nowadays about stating what you think. You can only write/publicly state in accordance with the minority politically correct Though Police. Coronavirus originated on China, therefore it's origin is quite justified as being called chinese, but one must not say so or the TP will be on you. If it had originated in the UK it's origin would have been British. If someone from another nation had pointed this out, the truth, which it would truthfully have been, it would not have bothered me, or most Brits', in the slightest. As a freckled redhead, I took some teasing (modern term abuse) in my early life, but shrugged it off as part of life, disliked gingernut though which even my first hero, Bert Trautmann, called me.
As an addendum I cannot believe that £40k could disappear so quickly, albeit a paper loss. GLA with two digits to corona; if the TP will allow it.

Reading arnieibb's posting always reminds me of Mark Twain's quote ' better to be thought a fool that open one's mouth and remove all doubt'.

Own question answered. Took some time to update.

is the bid price on posts shown as 3.05p when the share info and HL shows 3.35p?

Alamal, sorry to have to advise you as such, but you will find that GGP is not without it's own 'morons'. There are always a few who enjoy antagonizing others.
GLA.

Agree bigbench, yes wash your hands but do you know another song to the tune of happy birthday?

Why not? Most of us are 'gambling' with our children's inheritance? GLA

Shelley, 'there was no gold at EG' is another profound statement which conflicts with the facts. There must have been something there to entice NM to conduct a survey. I believe they concluded with the advice of ' not at this time' and agreed an NDA. Anyone know how long the NDA was for?
Anyway, your back in so welcome and I hope you get back what you lost. GLA.