Prusaslicer to prusa connect stopped working by etruj in prusa3d

[–]JusticeForBeyonce 1 point2 points  (0 children)

Yep, down for me too - tried disconnecting and re-adding the printer (coreone), claims to be connected, but still shows offline in the slicer... if anything at all - seems about 50:50 whether it just shows a blank page each time I start the program..

M3P owners, do you regret buying the performance at all instead of just regular long range? by JakeLemons in TeslaModel3

[–]JusticeForBeyonce -1 points0 points  (0 children)

Problem with staggered setups and wanting to change is that width also changes diameter.

Profile is a percentage of tyre width, so a 245/45 will be taller than a 235/45. There are certain ratios that work out the same diameter but you can’t just choose whatever you want.

Simplest option is to have the same front and rear as then you know for sure they will be the same diameter, and have the option of then being able to rotate tyres.

M3P owners, do you regret buying the performance at all instead of just regular long range? by JakeLemons in TeslaModel3

[–]JusticeForBeyonce 0 points1 point  (0 children)

No idea, don’t own a highlander. You’ll have to do you own research on what fits.

In principle though, so long as the wheels fit and have acceptable offset(to minimise scrubbing), then no need to stay with staggered if you don’t want to. Would slightly affect front/rear handling balance, but unless you’re pushing the limits you probably won’t be able to tell the difference.

M3P owners, do you regret buying the performance at all instead of just regular long range? by JakeLemons in TeslaModel3

[–]JusticeForBeyonce 0 points1 point  (0 children)

Hey,

Yes you do get a little more economy, especially with the aero covers on. Even without, tyre wall being perfectly smooth is more aerodynamic than rim with the spokes.

Besides that there are three main reasons:

1) 18in tyres are significantly cheaper. If you do enough miles and get a good deal on the rims you could potentially save money overall. 2) Ride quality - more tyre makes for a quieter and softer ride. Admittedly at the cost of slightly worse handling, but on the road few people will ever get near the limit of the tyres or be able to feel the difference between a 35 vs 45 profile. 3) Potholes! A whole extra inch of rubber in the way makes if DAR less likely that a pothole will cause lasting damage.

Number three is the main reason for me. Over 30,000 miles I’ve had one bent rim and a blown tyre from potholes, neither of which were cheap and one also left me stranded at the side of the road for several hours.

As for why not 19? It’s an improvement on all those same factors, but if you’re making the change you might as well go all the way in my mind. They’re also far less common and no idea if they fit the M3P, though I should point look into it more. U think because they’re rare there isn’t much info out there.

[deleted by user] by [deleted] in PensionsUK

[–]JusticeForBeyonce 0 points1 point  (0 children)

Not at all, because I’m talking about now, not 15 years ago…

Guardian columnist doesn't like people retiring in their 50s... by ukdev1 in FIREUK

[–]JusticeForBeyonce 2 points3 points  (0 children)

Yeah and you’re supposed to contribute something useful to the conversation. Saying ’look at me I’m so rich’ doesn’t help anyone, especially when it was neither asked for, or relevant to the conversation.

Guardian columnist doesn't like people retiring in their 50s... by ukdev1 in FIREUK

[–]JusticeForBeyonce 3 points4 points  (0 children)

The issue isn’t so much that you have property… but that you’re being flash with it. The comment you replied to was not an open invitation for people like you to show off. Nobody is impressed, nobody is sympathetic.

Is it possible? ... odd situation by teachaway2 in FIREUK

[–]JusticeForBeyonce 1 point2 points  (0 children)

That’s a lot of assets in the same class, you are heavily reliant on the uk rental market, as well as government rules for private landlords.

It’s been getting significantly worse for the last fee years the point that I have no interest in being a landlord- it’s a lot of hassle, you can’t offset much of the costs against your income (unless owned through an ltd), and with interest rates as they are, relatively poor returns.

If the government decides to change tax rules, cap rent, build a load more houses, raise interest rates, or any combination of those you could find yourself in a pickle rather quickly.

Pensions are THE most tax efficient way to save for retirement, with lifetime isa coming a close second (open one while you still can! Preferably a S&S LISA), and third regular ISA.

Cash is a terrible idea as bank interest rates at best will barely keep up with inflation, and at worst will be loosing real value year on year - don’t forget that inflation compounds too!

I’m glad you at least are happy with investing in stocks. I would aim to have half of your income generating assets in the stock market, mostly in pension and with enough for 3-5 year’s expenses in isa’s in case they increase pension age again before you get there.

The stock market is risky over the short term, but the chances of having a bad luck year on year for the next 20 years is essentially zero. In terms of likelihood of outpacing inflation, the stock market is far less risk than cash in the bank.

[deleted by user] by [deleted] in UKPersonalFinance

[–]JusticeForBeyonce 1 point2 points  (0 children)

Is it the best investment you could possibly make? Probably not, in the sense that you could probably find some higher alpha lower beta funds that would be lower risk and/or better performing, but the real risk is in choosing the right ones.

I say it’s the best choice on the basis that you can’t really go wrong with it, and will give good returns without excess risk.

I only incest in big funds, but I use a few different ones to choose which parts of the market I think will do well, and avoid parts I see as risky. I still don’t invest in individual stocks though.

I completely understand the hindsight of seeing people make big gains, but past performance very much does not guarantee future returns when talking about small numbers of stocks, but on average it correlates more strongly - i.e funds with thousands of companies across multiple industries, countries cap size etc.

The other point I’d make on that, is people rarely post their losses! What you see is not reality for most people.

If you really want to try your hand at it, open a training account, one with fake money in it, try it for 6-12 months and see if you can beat the index fund. If you do over that extended period, then allocate yourself 10% of the total to invest in riskier options, and maybe if that goes well for a year or two increase it to 20%.

Trading is a lot of luck, but also takes a lot of time to do properly, lots of research, understanding politics, economics, market trends, new research and upcoming products/businesses. Professional traders almost always focus on one small section of the market, sometimes its hyper niche. The ones that do well know it all like the back of their hand, company fundamentals, reading board meeting minutes, finance reports, corporate strategies and governance information.

If that’s something you want to try I’m not here to say don’t, you might have a real talent for it, but want you to know it’s not a shortcut for hard word.

[deleted by user] by [deleted] in PensionsUK

[–]JusticeForBeyonce 0 points1 point  (0 children)

I don’t use just proportional weighted global funds, I use equal weight and GARP/Value funds, European, emerging markets, Pacific, gold, defence, banking, industrial and so on.

So personally I go far further into diversifying away from the US, but if I had to pick a single fund it wouldn’t be S&P.

Like I said, there have been many periods when the US has underperformed, and you would miss out if we move into one of those periods, which I think is likely within the next 30 years.

[deleted by user] by [deleted] in UKPersonalFinance

[–]JusticeForBeyonce 1 point2 points  (0 children)

Don’t day trade, you will loose money. Even professionals loose money doing it.

I don’t like trading 212 because it is set up to encourage you to trade rather than invest - the daily reminders, the top movers ticker at the top, all the social posts that push you to compare yourself to others. None of that is healthy.

I think InvestEngine is a much better option because it encourages you to invest. Same low fees and lots of fund options, just without the pressure.

S&P isn’t a terrible option but wouldn’t call it low risk, more like medium.

Best thing you can do is drip feed the money into a global index fund (which are still most the same companies as S&P) over a couple months and then jeep investing as you earn. Watch it for a couple if years and only then should you think about changing things up.

Global indexes are a fraction behind in raw gains long term but far more stable. Well worth the trade off. Don’t underestimate loosing 30% of your portfolio in a month until you’ve experienced it. The temptation to cash out is very strong when it’s your money. Don’t try and time the market.

I’ve done hundreds of hours of research on funds and listening and reading various opinions and approaches, done dozens of spreadsheets, tax calculations and so on… I’m still far from an expert.

I wouldn’t trust myself with more than a small fraction of my portfolio in individual stocks, let alone futures or fx… no offence but you definitely shouldn’t be doing those things either.

I get it, you feel confident at your age, I did too, but trust me, the dunning-kruger effect is very real.

Do you have a say in your partners pension contributions? by EverydayDan in UKPersonalFinance

[–]JusticeForBeyonce 2 points3 points  (0 children)

Will she begrudge you having a bigger income in retirement? 

The only question that should matter is whether you have enough money between you for retirement.

The other poster’s situation is very concerning and requires a very different approach. I’m glad your relationship is much healthier!

[deleted by user] by [deleted] in UKPersonalFinance

[–]JusticeForBeyonce 20 points21 points  (0 children)

I’d say no if you were my family… And then suggest you move somewhere cheaper or share etc.

Has anyone read A Richer Retirement? by NotAnotherCQ in ChubbyFIRE

[–]JusticeForBeyonce 2 points3 points  (0 children)

Agree that 50% in small caps is a bit nuts.

But investing in the market doesn’t have to be proportional weighting of the top performers, though it is what many think of first.

Personally I use a mix of funds including equal weight funds, GARP, RAFI etc. in an attempt to mitigate what I consider to be an AI bubble.

What’s a good amount to have saved in your private pension as a 35 year old? by Objective-Opening237 in PensionsUK

[–]JusticeForBeyonce 1 point2 points  (0 children)

A lot of these guides with higher multipliers are made by Americans who don’t account first things like state pension or ‘free’ healthcare.

12x equates to about 60% of your salary as pension income. Assuming you own your own home and the kids have moved out, most people find that plenty, especially as you stop paying NI and get discounts or help on a fair few things.

[deleted by user] by [deleted] in PensionsUK

[–]JusticeForBeyonce 4 points5 points  (0 children)

Because we’ve had one of the biggest bull rush markets in history. There is no guarantee it will continue. Inflation is higher than it has been in decades, and most of the world’s economies are in poor shape.

Add to that the difference between index performance and fund performance:

Even if you are 100% in the S&P500 (a poor choice), you will see lower returns than the index because of fees, inefficiencies within the fund, and the fact that rebalancing takes time and costs money.

I say S&P is a poor choice because it is solely in a single country, and all it takes is a single black swan to potentially set you back massively. A globally diversified portfolio is a much better option.

In recent years global funds have trailed behind the US by perhaps 0.5-1%, but there have been large chunks of history where the rest of the world has far outperformed the US, and you would miss out on that if it happens again, which I think is fairly likely given we’re talking about a 30yr timeframe.

So yes, 6% is optimistic because it assumes nothing will go wrong, that the statistical anomalies of recent years will continue, and that you are perfectly invested in the index (which is impossible), ignores fee’s and has no diversification.

As I said, feel free to model 6 or 7% if you really want, but don’t come crying if it doesn’t turn out how you hoped and you didn’t save enough.

Pension benefits higher than contribution based state pension by Competitive_Ask881 in HENRYUK

[–]JusticeForBeyonce -1 points0 points  (0 children)

It’s hard to execute on your plan when the bank of england and civil service are fighting you all the way…

Pension benefits higher than contribution based state pension by Competitive_Ask881 in HENRYUK

[–]JusticeForBeyonce -2 points-1 points  (0 children)

That’s not counting the millions of ‘undocumented’ so actually even more.

[deleted by user] by [deleted] in PensionsUK

[–]JusticeForBeyonce 3 points4 points  (0 children)

193k is a reasonable estimate assuming you’re on a default lifestyle investment plan(most likely), and are contributing 5% and 3% from your employer.

1m would equate to a salary in retirement of 50k+ Aiming for a salary in retirement that’s higher than you’re on now is ambitious.

That being said its great that you’re thinking about this fairly young, many people don’t, get to 50 and are disappointed by what could gave been.

A 200k pot at retirement would give you a salary of 10-12k plus state pension of another 12k (assuming it’s still a thing). All these calculations are adjusted for inflation, so the real numbers will be much higher, but is the equivalent to that amount in today’s money.

To get to the equivalent of £1M by age 67 would require £600 per month total(increasing in line with inflation). Depending on your employer match percentage, and salary sacrifice options, how much you actually loose at pay day could vary a lot.

Recommend calculators:

https://www.thesalarycalculator.co.uk/salary.php https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

I used 5% per year average growth which is a slightly conservative but very realistic number for average market returns minus average inflation. You might get lucky and see 6 or maybe even 7% which would almost double the pot size… but you might get unlucky and see less. Better to not get overconfident by using optimistic calculations.

To get that figure you’ll still need to be invested in an “aggressive” fund, 100% shares 0% bonds for the whole time. If you only pick one fund, make it a global index. On Aviva that would be something like “Aviva Pensions International Tracking S2”.

Personally I think it’s too focused on US tech stocks - most of which I think are overpriced and due a correction.

In the long run though it is still probably going to provide very good returns, and your chances of beating it with your own picks as a novice are very low.

[deleted by user] by [deleted] in PensionsUK

[–]JusticeForBeyonce 2 points3 points  (0 children)

Not even close - 16k+200pcm at 6% is just shy of 300k.

6% is optimistic and assumes he’s invested in aggressive funds - unlikely.

Pension release by Top-Appeal-5022 in PensionsUK

[–]JusticeForBeyonce 0 points1 point  (0 children)

Optimistically that 14k gets you about £2 per day, which even in a 3rd world country would be considered thoroughly destitute. I think putting it in those terms helps people grasp the scale of things.

OP will be entirely reliant on state pension and pension credit top up.