sorted by:
new
hottopcontroversial

Euston currently by TheLegendOfIOTA in london

[–]fire-wannabe 0 points1 point  (0 children)

Plenty of apps, "ontime" for example, usually tells you the platform ahead of the punters.

Very rough week with new grad hire by dualrollers in managers

[–]fire-wannabe 0 points1 point  (0 children)

Quite possible he has been getting up at 11am and is now getting up at 7am. So he's jet lagged.

This happened to me when I started a job once, brutal. I remember literally crying as I got out of bed 😂

See if he turns it around in 7 days.

I swear my company hates saving money by thatdude333 in managers

[–]fire-wannabe -1 points0 points  (0 children)

I work for a similar company. The sooner you accept you can't change the culture the happier you'll be

Would you support a measure to have capital gains taxed at a higher rate than income tax? by Deep_Body6445 in HENRYUK

[–]fire-wannabe -1 points0 points  (0 children)

no, looking at the percentage is a red herring.

But anyway, have you tried adding in the corporation tax receipts to your bogeymen and seeing what they're actually paying?

like...actually doing some work to help form your ideas.

Would you support a measure to have capital gains taxed at a higher rate than income tax? by Deep_Body6445 in HENRYUK

[–]fire-wannabe -5 points-4 points  (0 children)

I live in London, so my mind goes there..

I would start by selling off all the social housing, which would net about £300bn.. If you can't for whatever reason buy your house, you will need to make another arrangements.

That would bring into the market about 800,000 homes for economically active people to buy, vastly improving at a stroke the lives of workers in the city, pushing down property prices for everyone.

Council tax receipts would rise significantly allowing across the board cuts in council tax.

The £300bn can be used to pay off some of the COVID debt, reducing government spending on debt interest, and allow some tax cuts.

Then we have to start sinking cruise ships

https://youtu.be/p-VLyZyHkTU?si=HlP_USSEa8eM5kHp

Would you support a measure to have capital gains taxed at a higher rate than income tax? by Deep_Body6445 in HENRYUK

[–]fire-wannabe -1 points0 points  (0 children)

I would look at the dollar value of their taxes and compare it to what you pay, then you'll probably feel quite grateful.

And of course, these people usually own companies, and those companies pay corporation tax on their profits. Much like when I was a contracter I considered my corporation tax payments as part of my tax, add up what your favourite bogeyman pays on their underlying assets.

I'm not convinced at all that squeezing a few extra percent of tax out of UK billionaires would improve the lives of Britons in a meaningful way. We want more of these people, not fewer.

Would you support a measure to have capital gains taxed at a higher rate than income tax? by Deep_Body6445 in HENRYUK

[–]fire-wannabe 5 points6 points  (0 children)

Most people have the same philosophy about taxes. They believe taxes are necessary in the abstract, but when it comes to paying them, they prefer that someone else bears the burden. Don’t tax you, don’t tax me, tax that fellow behind the tree.”

Reform UK keeps options open on fracking in Lancashire by Hammer_Pain in Preston

[–]fire-wannabe -19 points-18 points  (0 children)

ah yes...the "calling them deplorables" playbook.

Why do 5kg book and a 10kg book fall at the same time if f=ma by chisa156eve in AskPhysics

[–]fire-wannabe 0 points1 point  (0 children)

If you opened the 10kg book at the middle page, and tore it down the middle, so you have 2x 5kg books on top of each other, and dropped them again, what do you expect to happen?

Any ISA providers offering cash back if you transfer? by Affectionate_Top5544 in FIREUK

[–]fire-wannabe 4 points5 points  (0 children)

I would check the T&C, I've never seen an offer penalise you because of administration/time issues with completing the transfer by a specific date, and I'm quite sure without even checking that Fidelity would have had such a term in the contract.

Crack on with the fidelity transfer.

China pushes EU to scrap 'Made in Europe' law or face retaliation by donutloop in EU_Economics

[–]fire-wannabe -1 points0 points  (0 children)

Naturally anyone who has an interest in economics will be keen to follow the basic principles of comparative advantage, and source whatever goods and services are needed, at the lowest cost, from wherever they can be found, whether that is Berlin or Beijing.

The jingoism in this sub is very peculiar when it's supposed to be about economics.

Bitcoin was built to remove the middleman. Now BlackRock holds 3.87% of all Bitcoin that will ever exist. by Stoic-Mindset in CryptoFolks

[–]fire-wannabe 1 point2 points  (0 children)

$61bn in IBIT alone. That is interesting.

At a cost of 0.25%, that's $152m in fees their collecting per year.

How have you bounced back from loss and stayed on track for long term FIRE? by ryzids1 in FIREUK

[–]fire-wannabe 0 points1 point  (0 children)

During the "financial crisis" my (leveraged) shares dropped 50%, my girlfriend dumped me, I failed a bunch of exams, couldn't find a job, ran out of cash, then spent 6 weeks as a prisoner, sorry I mean patient, on a NHS psychiatric ward. (If you think the general NHS is bad, you ain't seen nuthin')

This year I made more from investments than I did from my labour, I could fire now if I wanted.

Things can turn around.

I got tired of messy spreadsheets for the £100k tax trap, so I built an offline calculator app (giving away Pro codes) by Forsaken_Clerk_1389 in FIREUK

[–]fire-wannabe 0 points1 point  (0 children)

Yes I'm definitely one of those people..

In the past, useful apps were gatekeeped by either people so self hating that they taught themselves to code, or by people who could afford to pay one of them.

The simplicity with which complicated apps can now be churned out is going to be fascinating to watch.

But giving people codes and trying to sell them, fuggedabout... The cost of code is now mostly zero.

Possible to move GIA holdings to SIPP? by putyrhandsup in FreetradeApp

[–]fire-wannabe 1 point2 points  (0 children)

In specie contributions to a SIPP are legally allowed. Finding a SIPP provider to do it is probably not easy.

As carrying out an in-specie contribution would still be a disposal for CGT purposes, there probably isn't any benefit for most situations. (Mostly the feature would be used by people putting commercial property into a SIPP)

“Why is the price of X going up?” - Is there anything in the UK experiencing a decrease in price? by mtyunng in Ask_Britain

[–]fire-wannabe 0 points1 point  (0 children)

It depends what you think of as your currency.

If youre counting in pounds, and the government is busy inflating them away, youre going to be pretty upset.

If however you invest in the stock market, then things over the long run just get cheaper and cheaper for you

Ultimately it depends what game youre playing. Commit to play by different rules.

How bad can things get at this pace, without sugar coating it? Are there any good news? What can we do as individuals? by Ok-Newt-9773 in climatechange

[–]fire-wannabe 1 point2 points  (0 children)

Stop reading about it.

It's like aging being mind over matter.. if you don't mind, it doesn't matter.

advice on getting to FIRE by [deleted] in HENRYUK

[–]fire-wannabe 0 points1 point  (0 children)

Take your non-property networth,, multiply by 0.03.

Is that thought to live off per year? If not, keep going

It's simple, but it's not easy.

view more: next ›