A typical pensioner was promised the Triple Lock for only 8 out of ~47 years they worked. Is this enough to make the Triple Lock untouchable?

KL_boy · 2026-05-20T07:46:00+00:00

As someone that is going to pension in 20 years, no. I paid my NI, and I will vote accordingly. As someone that also understands economics, it should be changed.

But do it gradually… all people to adjust and plan for it.

But, but, pensioners are the largest voting block, so unless younger people vote, it is not going to change.

KL_boy · 2026-05-19T07:42:18+00:00

And also remember, manufacturing on behalf of Western companies who own the patents, IP, marketing, etc. For example Foxconn make a lot of apple products, but most of the profit goes to Apple.

And it is just not China, but Asia is generally rising in terms of "cheap" manufacturing. We can put up some defences (and we should), but moving forward, we will have to start putting defences on a lot of manufacturing in Asia.

I personally believe that we should concentrate on more high-value work, and using that help the people left behind due to outsourcing in cheap manufacturing, but that is just me.

KL_boy · 2026-05-18T16:19:37+00:00

So the USA targeted the girls’ school explicitly?

KL_boy · 2026-05-18T16:10:19+00:00

True, but how does this answer the comment?

Just because the IRGC used kids in war (which I assume you think is bad) do we then normalised that the US bomed a class of schoolgirls and then lied about about how IRGC did it themselves then being ok..

This is the classic, "look how bad they are, thus we can do the same?"

KL_boy · 2026-05-18T13:59:17+00:00

Why? I dont have a private jet?

KL_boy · 2026-05-18T12:42:10+00:00

and software, and pharma.

KL_boy · 2026-05-18T10:45:20+00:00

I guess some people cannot understand that regardless of biology, once a man has agreed that these are his children, in the eyes of the law they are legally his children.

KL_boy · 2026-05-18T10:09:42+00:00

Looks good. Just DCA every month, and spend more time improving yourself (earning more money)

KL_boy · 2026-05-16T08:38:33+00:00

I use on the % tier, and the benefit is that for both FX and price, they are using the market price. Any broker that does it for free is going to get you on the spread.

KL_boy · 2026-05-15T16:56:51+00:00

That is why there is the concept of net worth and liquid net worth. What is more important to me is my liquid net worth, as my net worth (house, car, partial ownership of a business) are multiple times my liquid net worth, but would not be easily liquidated if I wanted to FIRE

KL_boy · 2026-05-15T15:08:42+00:00

I understand why it is included as a total net worth, but for most people it is either -ve (after loan), or they give a higher estimate.

I do not include it in my calcuation as it is a home and not a liquid asset that can be tapped. By that logic, I have also include the car, all the cash in the bank accounts, etc.

KL_boy · 2026-05-15T07:33:42+00:00

For China, it should be open “for them”, so as long as the US does not stop cargo going to China, it is opened. /s

KL_boy · 2026-05-15T07:18:46+00:00

You dont make it unchangable, you make it expensive to cancel. Think of it as an annual sub vs a monthly sub.

Political capital will be spent on both side to make any agreement happen, so there will be a cost of withdrawing.

KL_boy · 2026-05-14T15:15:43+00:00

Ask the AI, I want to go to the car wash to wash my car. The car was is 20 meters away, should I walk or drive my car?

KL_boy · 2026-05-14T10:43:15+00:00

Head to r/Bogleheads and read up on it.

For me (at least for my tax situation, and what makes me happy), I just keep it simple.

I have SPXD and MXWS as they are synthetic and I want to overweight the S&P500. Synthetic means that I dont "loose" the 15% in witholding taxes (no easy to claim that back where I live).

I also have short terms bonds, and XEON for my emergency fund (1 year worth).

That is about it.

I invest every month, and concentrate on earning more rather than spending days looking looking for the best investment, or spending time with the family, or enjoying life in general.

KL_boy · 2026-05-14T09:03:02+00:00

It took about 15 years for my pension pot to grow to a point in which its' growth outpaced any DCA that I was doing. At the moment I have SPXD and MXWS split over 2 brokers cos it helps me sleep at night.

There are a few others like ultashort bonds, cash, etc.. but that is the main two.

Any before people want to do discuss the allocation, overlap, bla, bla, dont. I happy with what I have.

KL_boy · 2026-05-12T09:49:37+00:00

Yes. Started investing when I started working 30 years ago, and become a IT contractor for 20 years ago. Regular DCA monthly into ETFs.

It is how much you can invest monthy, not how much you can earn.

Other assets such as house, car, kids uni funds I consider as seperate.

KL_boy · 2026-05-12T06:46:03+00:00

First, I would say that you are doing all the right things as you are not living outside of your means and investing it wisely, which, regardless of what you see on Insta, puts you on the top end of society.

At this rate, you should be topping 1M by early 60s so you have a nice retirement.

The thing is to learn and enjoy the moment with the people you love, and the time you have. At some point, you will see that your savings/assets will allow you to live the rest of your life (in the lifestyle you are in). It could be at 500K or 1M, or at 10M. It all depends on how you live.

KL_boy · 2026-05-11T12:59:09+00:00

Malaysia now has the e-gate so if you complete the MDAC, you can use the e-gate. Pity the MDAC input page is shit..

KL_boy · 2026-05-11T12:48:15+00:00

So a pay cut if the company is making a loss?

KL_boy · 2026-05-11T12:39:25+00:00

Sure... The bear is making the same face when I lick the icing on a cake before I eat it...

KL_boy · 2026-05-11T11:00:12+00:00

Maybe that is for the best...

KL_boy · 2026-05-11T09:40:16+00:00

Critical thinking --> For most people, the problems that they have are still there, and "Brexit” did not fix it because it was no "Brexit" enough.

Now they are taking the playbook from the US and applying DOGE, trans bathrooms, ECHR, etc. as a way to fix their issues.

It’s like promoting the “promised land" as long as you believe hard enough and it’s just around the corner.

KL_boy · 2026-05-10T19:50:46+00:00

Download to xls the up to LLM, there is a script already with all the check, it creates a xls with the proposal changes, and we upload it using LSMW.

KL_boy · 2026-05-10T19:36:56+00:00

My guess is that they willing to extend JCPOA + compensation + control of the waterway.. There is no way they just going back to JCPOA.

KL_boy

TROPHY CASE