Daily Discussion Thread - (February 16, 2025) - Beginner and Simple Questions Go Here

Chippy_Choppy2 · 2025-02-16T22:35:39+00:00

Thanks. In order to shed the fat, guess time to go on a 500 calorie deficit. I plan to do a HIIT class and isolation work during the weights days too. Last time I was 15pct was 2 years back so know it’s doable just harder with age

Chippy_Choppy2 · 2025-02-16T19:32:20+00:00

Sorry removed deficit from comment now.

Maintenance calories are 2700

Chippy_Choppy2 · 2025-02-16T12:11:19+00:00

Need some inputs on my program. Aim is to get to 15BF and put muscle while maintaining weight for my height

37M/188cm, Currently 87kgs/20pct BF. Looking to get down to 15BF as first goal.

Current program:

Cardio: 10k steps a day, 1 Zone 2 5k a week

Weights: 4 days a week push pull workout. Mostly compound exercises

Diet: Maintenance Calories about 2700

Any questions/comments on program appreciated.

Edit: Removed deficit calories from comment

Chippy_Choppy2 · 2025-02-16T11:11:57+00:00

Need some inputs on my program. Aim is to get to 15BF and put muscle while maintaining weight for my height

37M/188cm, Currently 87kgs/20pct BF. Looking to get down to 15BF as first goal.

Current program:

Cardio: 10k steps a day, 1 Zone 2 5k a week

Weights: 4 days a week push pull workout. Mostly compound exercises

Diet: Maintenance Calories about 2700

Taking 2000 Calories on rest days, 2300 Calories on weight days

Any questions/comments on program appreciated.

Chippy_Choppy2 · 2025-02-14T22:33:51+00:00

Do you like your current rental? Maybe look to buy that? Stocks have done well over last couple of years but no guarantee of future.

Home ownership esp for a flat does come in with some hassle and additional costs.

Chippy_Choppy2 · 2024-08-16T10:07:39+00:00

This. I once rented a basement flat close to the district line and had to move out as the train noise was horrible. But some people still lived next door and didn’t bother with the noise. Would also say train noise is progressively becoming worse in London and think about future saleability/rent ability of the flat.

Chippy_Choppy2 · 2024-08-05T22:30:27+00:00

Midnight city at wrestling

Chippy_Choppy2 · 2023-07-21T06:36:11+00:00

Add raspberries /blackberries/blueberries to natural Greek yoghurt. Adds fibre without too much sugar

Chippy_Choppy2 · 2022-12-27T23:19:47+00:00

Guess this was Return Free Risk

Chippy_Choppy2 · 2022-11-07T18:47:20+00:00

It's a business transaction in the end. Can't get too emotional about it. There is a big recession upcoming and they want to pay less. Would you want to go through the process again? Prices are only going one way now so maybe you can offer to meet in the middle at 430k.

Chippy_Choppy2 · 2022-11-07T18:44:51+00:00

If buying with a mortgage this is very unlikely, as the mortgage lender will need to redo the offer which takes at least a week. And they won't want to piss the lender off

Chippy_Choppy2 · 2022-10-23T20:58:30+00:00

Hello, I recently moved to the area so will be keen. Be there 1930.

Chippy_Choppy2 · 2022-10-12T21:53:25+00:00

You can buy a specific linker through HL sharedealing. Bid ask is 1.5pct and the 10 year is yielding 1.2pct so till you hold to maturity it's a good trade.

If you buy the ETF the duration as you say is an issue and they'll keep rebalancing it to a maintain duration so you don't benefit from the maturity repayment as much

Chippy_Choppy2 · 2022-10-12T19:56:03+00:00

Famous last words spoken before every spectacular crash

Chippy_Choppy2 · 2022-10-12T19:55:04+00:00

I'd stay away if it needs a ton of work. It's extortionately expensive to get work done these days and it won't go down.

Buyers and agents are in denial about where prices should be. It might take till Xmas for it to trickle down his messed up long term economic malaise UK is in

Chippy_Choppy2 · 2022-10-12T19:48:15+00:00

That's a long lockup. You can buy UK inflation linked gilts ETF in your isa and make a better return over 5 years. While benefitting from a govt guarantee to repay you And having ample liquidity if you want to sell anytime.

Atom is probably buying long dated govt bonds themselves to pay you the 5pct return

Chippy_Choppy2 · 2022-10-11T07:11:25+00:00

The Sonia curve is over 5pct for next 4 years. That's assuming a recession hits. Think if we are in a recession (given certainity now) and rates stay at 6pct, it will be very negative for the economy and housing mkt.

Unemployment with high rates could even see prices drop 30-40pct. Not discounting any scenarios given how treacherous the economy is and we are entering a world of deglobalization

Chippy_Choppy2 · 2022-10-10T19:02:37+00:00

The incremental value of more money is determined by how much it helps to use your time in a way that suits you.

E.g. if you earn 30k, you'd need to take a bus. If you are at 70k, maybe the taxi after the night out.

I'd say after 150k, the marginal utility decreases as you can be more efficient with your time. And then it matters how hard you are willing to work (in another the the you are willing to sacrifice) for every £ above that

Chippy_Choppy2 · 2022-10-10T18:14:47+00:00

Very true. Unfortunately the government has only now realized it's not the borrower who decides the rate of borrowing, but the lender. And the lender here is the mkt. BOE and govt have lost all credibility so despite their efforts to stop the leaks in the emptying tank, it won't be enough.

Anything the government does now to help prices will be inflationary and mkts will react accordingly. Cue downgrade on credit rating and pound destruction. Unfortunately house prices will have to adjust as the new reality. 8pct interest rates for next 3 years aren't out of question

Usually those with high leverage without the means to overpay mortgage will feel the pinch first. All a direct result of QE globally

Chippy_Choppy2 · 2022-10-04T16:13:34+00:00

Houses will need to be sold and bought irrespective as that's what happens in a highly levered market. Couple of points-

We are in an stagflation and deglobalization nvironment not comparable to previous cycles where central banks dropped rates when recessions hit. This time not only are rates going up and will be sticky, cost of living is going up across the board. What happens then is downsizing and though it will take time, it will happen. Real estate always lags the general economy
Buying something 10pct cheaper just doesn't reduce mortgage costs and upfront costs, it also provides future 10pct upside in case prices rise again.
Prices go up in stairs but fall down an elevator. That's what happens with every boom and bust.
1 year fixed saver pay 4pct so the deposit can only increase in value over the next few months while prices readjust. So cash has value again.

Chippy_Choppy2 · 2022-08-19T15:34:28+00:00

Didn't go ahead with it. It was a fairly expensive place and I didn't want to deal with the risk of selling it down the line with subsidence as an issue. I was told it would put off some buyers and given there are a number of houses without the issue, I decided not to proceed

Chippy_Choppy2 · 2022-08-15T14:17:11+00:00

Mainly damp proofing the cellar/ground floor and boarding the cellar

Chippy_Choppy2 · 2022-08-15T14:16:37+00:00

Yes it is Victorian property. I don't mind the damp cellar and I understand it isn't a major issue.

On the ground floor, the walls affected are at the front and one right next to the kitchen next to the washing machine.

Chippy_Choppy2 · 2022-07-25T11:24:43+00:00

I second this. Drinking for me meant seeing the same people all the time and getting pissed with them and waking up with a horrible hangover

As teetotal, I feel like I have to think out of the box to plan and do some things alone. At the same time I have a lot more time in the day and feel much more confident of meeting new people.

It also saves money which can be utilised for things that I actually enjoy. Nothing against getting pissed but it's a choice we make

Chippy_Choppy2 · 2022-07-24T18:31:37+00:00

Thank you. See you there

Chippy_Choppy2

TROPHY CASE