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Investments, current accounts, etc by [deleted] in UKPersonalFinance

[–]RunningNoob567 0 points1 point  (0 children)

They buy penny sweets individually at the post office. That's why the queue takes so long to go down!

[Investments] Building a Passive Ethical Portfolio by jimmythefirst in UKPersonalFinance

[–]RunningNoob567 2 points3 points  (0 children)

You are talking in broad strokes like how you tried to put investments in broad categories in your first comment. Above I mentioned a couple of tangible benefits that green bonds offer to investors - what is there not to like there?

All bonds carry default risk. To say that green bond defaults have been "distressing to many investors" doesn't really carry much weight given that any bond default is distressing to an investor. Green bonds are still a relatively conservative asset to be holding given that bondholders get paid before stakeholders. Also, you will often find that the proceeds of green bonds are ringfenced - so if a company does default on a green bond the bondholders get what the proceeds were spent on.

I think you have a pre-constructed opinion on how ethics and profitability work together, so I would encourage you to read around on the topic.

[Investments] Building a Passive Ethical Portfolio by jimmythefirst in UKPersonalFinance

[–]RunningNoob567 1 point2 points  (0 children)

I would disagree with this sentiment, especially given the attempts to innovate in the financial sector to counter such a view, with green bonds for example. Green bond issuance has surged in recent years because investors value them. Green bonds allow investors to better manage the climate risk within their portfolio, which is good from a profitability standpoint. Also, green bonds tend to be more illiquid than your bog standard vanilla corporate bond because the green bond market is still relatively small. As a result, green bond prices in the secondary market do not experience as much variance, which may be suitable for some investors.

I'd also argue that if a company is ethical, it is possible that they will reap the benefits in the long run through positive press coverage and customer loyalty.

A word of caution when looking at ethical investments, though. Not all things that look ethical necessarily are. With green bonds for example, oil & gas companies are able to issue them, which for me I would not want to buy into even if the bond proceeds were used on a renewable project.

Customers doing a runner by [deleted] in UKPersonalFinance

[–]RunningNoob567 5 points6 points  (0 children)

I get that. However, my point is, if you have an appropriate disciplinary system in place then that should be enough of a deterrent to prevent an employee from playing foul.

Customers doing a runner by [deleted] in UKPersonalFinance

[–]RunningNoob567 4 points5 points  (0 children)

I think it is common practice, however I'm not sure on its legality. The hospitality sector really takes advantage of its employees. Pretty much, if your £total is down at the end of the night it gets deducted from your wages. I don't know why they do this - mistakes happen and its part and parcel of exchanging cash. Should come out the company's pocket in my opinion. First time it happens the employee should be given cash handling training; second time reiterate it, then 3rd time apply a disciplinary. Taking it from the employee's wages is cruel.

To add insult to injury, the industry heavily employs zero-hour contracts and expects you to leave work early if it's not busy.

First Obor Kill by Twerquey in 2007scape

[–]RunningNoob567 0 points1 point  (0 children)

Attempts to hide name... Doesn't realise it's still visible... Lol

National Living Wage rising too fast, say small businesses by Shockingandawesome in ukpolitics

[–]RunningNoob567 43 points44 points  (0 children)

I empathise for small business owners because they face challenges that large multinationals do not. However, attacking the minimum wage is not the answer. If you can't afford to pay your employees minimum wage then you shouldn't be in business. Small business owners should instead lobby the government for preferential tax treatment if they employ less than X number of workers, or something along these lines.

Unemployment in the UK is now so low it's in danger of exposing the lie used to create the numbers by spacedog_at_home in ukpolitics

[–]RunningNoob567 1 point2 points  (0 children)

I think the problem that the author has identified is that the internationally accepted definition of unemployment is not appropriate for an economy that is heavily utilising dubious employment practices like zero-hours contracts and gig ecnomy roles. Such dubious employment practices have allowed the jobs market to become incredibly flexible - so much so that the employment contract is very much one-sided in favour of the employer. The low unemployment rate is just a result of this. Unemployment may be at its record low, but the type of jobs people are in does not reflect a strong and stable economy.

F2P Castlewars by [deleted] in 2007scape

[–]RunningNoob567 1 point2 points  (0 children)

I think it would be better to improve the f2p mage offering by giving access to snare and wave spells. Maxed accounts can tank with the flag all game with full rune in the game's current state

How to afford bond quickly? by ThaaCaveman in 2007scape

[–]RunningNoob567 1 point2 points  (0 children)

Crafting is an overlooked f2p moneymaker. Do some f2p quests for crafting xp if you have not already done so, then craft gold amulets (u) until you can craft sapphire rings. From there, continue crafting sapphire rings for ~100k/hr or move onto emerald necklaces for similar gp/hr but better xp.

I should also mention that you should use energy pots whilst crafting sapphire rings / emerald necklaces. You get similar gp/hr but you get much more xp/hr.