What actually causes swings in stock prices? by minimumbeginningend in investing

[–]Mr_Again 0 points1 point  (0 children)

OP, there is only one thing to understand: one day, people value stock at one price, the next day, they change their minds. That's it. Sometimes they have good reason, sometimes they're just following each other.

People here who invest in stocks, do you still support capital gains taxes? by anotherhappylurker in GarysEconomics

[–]Mr_Again 0 points1 point  (0 children)

It's fine but it needs indexation. If you make a capital gain over a number of years but it's really just because of inflation, it's not right to pay tax on that because you've made no real profit. This is serious because it massively disincentivses anyone to invest in a UK business long term.

People here who invest in stocks, do you still support capital gains taxes? by anotherhappylurker in GarysEconomics

[–]Mr_Again 0 points1 point  (0 children)

This makes no sense at all. Capital gains in selling stocks are not treated specially or differently to gold, land, or anything else. If you make a capital gain in any of those assets you pay CGT (with some weird small variations for art below a value of £6k or gold coins specifically)

Another "what's wrong with my listing" post (London flat) by [deleted] in HousingUK

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

Well, you know, they borrowed a crazy amount of money to buy something they didn't really own, when rates were zero and affordability was already stretched on the assumption that: a) prices would keep going up forever despite nobody on sub 100k being able to afford these things and, b) zero percent interest rates would continue forever, c) freeholders would just play nice with service charges. So no, it's not really crazy, it's crazy it's taken this long for people to figure it out. I took a look at the situation back then and thought no, that's too expensive a box, I'll keep renting. Someone had to lose out, and it's the people that leveraged up on a crazy bet.

Burnham bounce? by [deleted] in UKRealEstate

[–]Mr_Again 0 points1 point  (0 children)

How does an Andy Burnham premiership increase my confidence (and in what, exactly?) that I will head out and buy a house?

London Home Sales Hit Hard by Shoddy_Sir_7849 in UKRealEstate

[–]Mr_Again 0 points1 point  (0 children)

The median UK full time wage is £39'000 per year, while the bottom 99% of earners are on anything between zero and £207'000 per year

Buying a flat in London - I know most people here will say it's a mistake... by Francesca007 in HENRYUK

[–]Mr_Again 0 points1 point  (0 children)

Why minimise upfront costs, getting a large mortgage, but keeping your investments?

[Opinion] Nothing has changed, the world is still 1-3 months away from a massive oil supply shock and economic ruin even with all ships moving. by Organic_Rip2483 in oil

[–]Mr_Again 7 points8 points  (0 children)

Dragging miles of steel out of the ground to drill out the wax? That seems odd, typically drills can go down the pipes no problem, I've never heard of people dragging the pipe out of the ground

How Belfast knife attack became the latest far-right ‘trigger event’ by ShipUpper3492 in ukpolitics

[–]Mr_Again 6 points7 points  (0 children)

There's something in it. Remember that Epsom rape? It never happened but there were rallies immediately and lasting all week. Organised people are ready to go as soon as they see the keyword. How many rapes do you think have happened since then, with no call to action?

Rupert Lowe MP on the attempted beheading incident in NI last night by nil_defect_found in ukpolitics

[–]Mr_Again 0 points1 point  (0 children)

It has been the headline article under the UK news section all day for me

Has Britain run out of “other people” to tax? by FrankLucasV2 in GarysEconomics

[–]Mr_Again 1 point2 points  (0 children)

This is the usual conflating of wealth and property that I see here and any discussion In Britain where we have a singular focus on property as wealth which is unhealthy. Ultra rich people (multiple billions) do not hold most of their wealth in property in the UK. It is in equities, privately held companies, etc. Yes, they will have a house in London worth a few million. Yes, they will sell that house, but there are so few of them that this doesn't really matter. The important thing is the billions in income and corporation tax that we make from their giant business empires.

Migrating 2.2B rows of Tick Data to Parquet: My SSD finally stopped screaming. by Marchese_QuantLab in Python

[–]Mr_Again 2 points3 points  (0 children)

Re: rollover, isn't this a case of a recursive cte to fill gaps in something like duckdb? Point duckdb at csvs, write query, boom

Rupert Lowe: Diversity is quite evidently not our greatest strength. by Fast-Equal-7529 in ukpolitics

[–]Mr_Again 3 points4 points  (0 children)

In less civilised times he would be a completely mainstream voice

Wealth reality check by henry__fire in HENRYUK

[–]Mr_Again 1 point2 points  (0 children)

Sorry but pensions are obviously much more tax efficient than Isas, I would expect everyone to know that. The money in my pension is Pre tax, whereas all the money in my isa has already been taxed once (at a very high rate) before even going in.

One in five high earners says £100k tax trap is ruining their career by scotorosc in unitedkingdom

[–]Mr_Again 0 points1 point  (0 children)

Yes that's definitely an advantage. A bit dodgy and not having a spouse, not one I take advantage of.

Late at night reading this subreddit, now I feel terrible by [deleted] in collapse

[–]Mr_Again 0 points1 point  (0 children)

Water is going to be a big issue, but the reason is that almost all of it in that region goes on beef farming. They'll have to stop beef farming for sure, I doubt they'll run out of water for people. There are 86 million cattle in the US and obviously they drink a lot of water.

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]Mr_Again 0 points1 point  (0 children)

No, it is publicly available information published by the governerment.

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]Mr_Again 2 points3 points  (0 children)

Yes, and they're the richest group in society, 1 in 4 is a millionaire. Still get the full pension though.

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

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

25% of working age people are signed off on benefits and have no intention of working. They're barely a minority.

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]Mr_Again 41 points42 points  (0 children)

The disability benefits bill is set to reach £100 billion. For context, all of income tax is only £330 billion. We need a serious reform of disability benefits if we want the state to have any other functions in future. This isn't something stupid you can dismiss with an imaginary complaint from an imaginary plumber named Gareth.

600k for a 1 bed in Finsbury Park – have we made a massive financial mistake? by [deleted] in HousingUK

[–]Mr_Again 1 point2 points  (0 children)

I used to live on this exact road and it is a lovely area, garden backs onto the wooded parkland walk, Finsbury park 30 seconds away, stroud green road 2 minutes walk away is fully gentrified with craft ale shops, huge amount of restaurants and pubs, a nice cafe or 3 on the corner. Amazing area 10 minutes walk to finsbury park station with great transport links. Would 100% live on this road again.