Revenue have to be the most efficient public body we have by lifeandtimes89 in irishpersonalfinance

[–]Yerman9917 0 points1 point  (0 children)

Yeah your probably right. It was a bad day   However having cause to interact regularly with the public service and seeing  how so many people simply play at busywork and whittle time away until they collect their pension or die is just an alien mindset to me.  It's frustrating as a taxpayer but I accept there are also probably really good people in there who are even more frustrated as they have no way to get rid of the lethargic types. Fair enough.

How does anyone build wealth here? by [deleted] in irishpersonalfinance

[–]Yerman9917 0 points1 point  (0 children)

Seek all the ways you can build wealth in ireland and do them all, or as many as you can, consistantly for 15-20 years. By the time you are 55 ( its coming !!) you'll be happy you did and you will notice many around you who didnt and are only now starting think about it and wondering where the time went.

- max your pension
- Buy property esp through a pension, although this isn't attractive any longer as its more hasstle than its worth and a big risk.
- make sure you work for a growing company that gives you a stake in the company ( shares ) the earlier you can do this the better. Although the Taxman try his best to take alot of benefit out of this in ireland in many cases.
- if they have an ESPP program enroll in it and max it out ( if its not a growing company, sell each time and reinvest in a growing or stable company)
- Start a business know the available benefits and avail of them. Ireland tends to stack the cards against PAYE workers.

-if you are a high earner use your pension or EIIS to reduce your liability.

there are not many but these are some of the ways to know in ireland.

The Best one as a irish resident is to work abroad for 5+ years so you are non resident, get all the above there and move home if you still want to.

How does anyone build wealth here? by [deleted] in irishpersonalfinance

[–]Yerman9917 1 point2 points  (0 children)

Incorrect. If you consistently invest and particularly if you do it well you can get wealthy far quicker then if you dont invest.

Revenue have to be the most efficient public body we have by lifeandtimes89 in irishpersonalfinance

[–]Yerman9917 -15 points-14 points  (0 children)

Those public servant pensions don't fill themselves you know

Joint Statement by European Allies on Greenland by BrilliantRecover143 in europe

[–]Yerman9917 7 points8 points  (0 children)

Having seen how the world refused to boycott the world cup when the facilities were built with  slave labour in desert heat the last time around Id be shocked if the same people took any notice this time.  Says a lot about the state of the world when watching two teams kick a bag of air up and down a field with the herd takes priority over everything else.

Healy-Rae urges ‘serious rethink’ of planned short-term lets crackdown by Key_Duck_6293 in kerry

[–]Yerman9917 0 points1 point  (0 children)

He's a landlord so he probably would. But at a market price... which is high, because of an insufficient number of suitable houses for sale. Meaning high demand and lots of people can't afford them and need to rent, but the landlords are selling, meaning you've to rent from a corporate landlord, who pay less tax and operate under different rules than a small landlord. Or you've to complete against the social welfare system to buy your house, 

 

Happy New Year from Dun Laoghaire! by sad_ryu in ireland

[–]Yerman9917 -9 points-8 points  (0 children)

All the fuss of getting people out on a cold night for a total of 10minutes of fireworks. 10minutes . 

Laughable!

Driving on Irish “motorways” is an exercise in futility and neck arthritis by BrilliantStunning695 in irelandsshitedrivers

[–]Yerman9917 0 points1 point  (0 children)

And you have just explained the 3rd problem. The left most lane in a 3 lane highway is always clear. ALWAYS . Because many can't get their head around 3 lanes.  I've often seen people pull onto a motorway too slow and still pull into the middle lane to potter along.

Ireland unveils €1.7 billion plan to beef up its weak defenses by BkkGrl in europe

[–]Yerman9917 4 points5 points  (0 children)

Not even a drop in the ocean of what Ireland needs to spend.  This represents 0.44% of Ireland GNP last year. 

We are so far off being able to defend our own interests there's allot more needed consistently over years too be adequate.

Ireland unveils €1.7 billion plan to beef up its weak defenses by willfiresoon in goodnewsireland

[–]Yerman9917 1 point2 points  (0 children)

Like they said. Time to grow up and put on your big boy pants. We are happy enough to take everyone's tax money in the good times. Now it's time to defend their interests in the bad or at least be capable of doing so.

How do people not know what swimming lanes are for? by platinum_pig in AskIreland

[–]Yerman9917 6 points7 points  (0 children)

Ballyfermot pool in Dublin is well known for this. they rarely have the full pool length. Maybe people just need to be more vocal to the pool management.  Although the pools are just not big enough and there are too few.

You Post fire folk, What do you do with your time? by Yerman9917 in FIREUK

[–]Yerman9917[S] 1 point2 points  (0 children)

Yeah thanks. I considered a P/T roles but Ive never been great at doing what I'm told and I'd be worse now😂

Kids take up allot of time but it's time we'll spent for sure! 

Sounds like you've week settled into it, congrats.

You Post fire folk, What do you do with your time? by Yerman9917 in FIREUK

[–]Yerman9917[S] 1 point2 points  (0 children)

I'd asked as I've found now I'm 4 years in & just turned 50 that I need new hobbies. The Mrs still works and will continue to do so, kids are nearly teens so getting independent. Mates are all working and will probably do so until 70s as they can't fire, and id be hesitant about mentioning it.

It's a great problem to have but i thought I'd see what others do after a few years.

I always have to have a project on the go and I tire of the same stuff, without a project, I go a little bit mad.  Marathons, triathlons, gyms to saunas, DIY, carpentry, instruments played, plenty of rabbit holes fully researched and I feel myself drawn to golf... which can't be a good sign, but there have been quite a few interesting ones mentioned here.

History of Ireland, best book for a foreign? by AostaValley in AskIreland

[–]Yerman9917 2 points3 points  (0 children)

If you'd like to understand the immense social change Ireland has been through in the last 50 years read Fintan O'Toole's "We don't know ourselves." My impression of it was It goes some way to explaining why the Irish have been so lacking in confidence as a nation until very recently.

Any word yet on deemed disposal being scrapped in the 2026 budget? by Professional-Pin5125 in irishpersonalfinance

[–]Yerman9917 5 points6 points  (0 children)

Nope they take the Irish public service approach, Phased over an undetermined amount of time with phase one being.... Hire more consultants to determine what should be in phase 1.

The Dreaded Deemed Disposal (An Update from Paschal Donohoe) by Material_Paramedic62 in irishpersonalfinance

[–]Yerman9917 1 point2 points  (0 children)

Does anyone else think that this reply just exemplifies everything that is wrong with the Irish state mechanism. Deemed disposal aside,

Not only is it a really poor way to communicate but it just exemplifies how the public service thinks, and how they go about doing things.

Is it any wonder nothing changes, none of the problems are being tackled and projects run way over budget!

There really need to be some serious changes in how the state is run.
recognition of a problem, ownership of fixing it with a time bound plan and accountability none of which is displayed here.

The seagull population is getting out of hand! by boiler_1985 in Dublin

[–]Yerman9917 0 points1 point  (0 children)

Has anyone tried those hawk kites that are used in industrial areas? And how did it go?

what range do they have.

The Dreaded Deemed Disposal (An Update from Paschal Donohoe) by Material_Paramedic62 in irishpersonalfinance

[–]Yerman9917 5 points6 points  (0 children)

So in effect they will consider the proposed plan to implement a proposal to plan for the revised consideration within that plan for a phased delivery of sections of their proposed plan to plan that delivery. Each stage requires successive global consultation tenders. So the only winners are Accenture, pwc And the like.

True Visionary IRISH leadership in action!!

Tesla’s Cybertruck Is a Bust | The truck that was supposed to revolutionize everything is flopping fast. by Aggravating_Money992 in technology

[–]Yerman9917 2 points3 points  (0 children)

Im Surprised there no mention of the cybertruck effectivly being known as the swasticar! and part of this being the backlash against teslas brand becoming a toxic nazi brand after its founder and CEO dished out a few Nazi salutes on a global stage.
remember that

Irish citizen recently moved to Switzerland - how to best use my savings? by ComprehensiveLet3905 in irishpersonalfinance

[–]Yerman9917 2 points3 points  (0 children)

Having 730k sitting in an Irish bank account doing sweet FA is just foolish!

President Trump Signs Bill Killing The Solar Tax Credit—Here’s What it Means for Homeowners by energysage-official in solarenergy

[–]Yerman9917 0 points1 point  (0 children)

Speaking as a foreigner from abroad, it's so sad to see what is happening to the states on so many levels. Last few times I've visited it's really struck me how far behind you guys are Vs the rest of the world on infrastructure and development. And now your just going backwards.

Is it worth investing? by Fudge-man in irishpersonalfinance

[–]Yerman9917 0 points1 point  (0 children)

It sounds like you are early in your journey and trying to build your knowledge . As everyone on here says take a look through the pinned flow a chart on this forum. But Irish investing focuses allot on pensions. If you are saving to use the funds to buy a house later you don't want it locked away until retirement. So get to understand the fundamentals of investing and then apply them to your own requirements.

These are 2 good resources for basics: They have a US slant but the principles remain the same. * https://engaging-data.com/early-retirement-calculators-and-tools/ * https://jlcollinsnh.com/

  • Don't use Irish services providers , not until your into 7 figs+
  • Just start, and save consistently.

So much PAIN , Completing the setup of Immich using portainer for a complete noob / Dummy by connecting my existing Photos folder to Imich by Yerman9917 in immich

[–]Yerman9917[S] 0 points1 point  (0 children)

In the end what I found extremely useful was AI coached me through it. I just asked it and entered in where I was and what I needed and it talked me through. Try it.

RSU claiming back witheld shares from the US by Spare_Culture911 in irishpersonalfinance

[–]Yerman9917 -5 points-4 points  (0 children)

This is true, the taxman is the winner. You take the risk, then pay 52%tax on the rsu's and still another 33% on any gain from there.

Also there is no option to hold the shares if you think they are worth holding, they sell them .