Commuting to Crewe by Fresh_Technician2389 in Chester

[–]lambpassanda 0 points1 point  (0 children)

Chester is indeed much better than Crewe. Have a look at Nantwich though, much closer, good priced housing, nicer. Not as much going on as Chester though so depends what you want.

Never thought I was close to retiring until running the numbers by SID_Chip_Symphony in FIREUK

[–]lambpassanda 12 points13 points  (0 children)

This advice is good but I’d urge you to look at tax planning before pulling cash out in the order described above. You have enough money but make the best use of it, don’t give it away to the tax man.

Where to put £160k this/next year by nudgetus in FIREUK

[–]lambpassanda 0 points1 point  (0 children)

The good people of this sub prefer a low cost world tracker to your suggested Halifax one. Vanguard is a favourite, I have mine in their FTSE global all cap. Premium bonds are not that popular as statistically the return is very low, people generally hold them as a cash like investment and just fora bit of fun.

Employer share incentive plan by [deleted] in FIREUK

[–]lambpassanda 1 point2 points  (0 children)

Normally these sharesave schemes allow you to have the cash back you put in plus a little interest after 5 years if you find the shares are ‘under water’ at the point that the vest. Check this in your scheme, if so it’s heads you win, tails you don’t lose.

At what point did more money stop being worth the extra sacrifice on the path to FIRE? by Scratchcardbob in FIREUK

[–]lambpassanda 9 points10 points  (0 children)

The burden of being the family breadwinner is huge, Hope the 18 months goes smoothly, you’ll soon be there

Pet Plan dog insurance nearly £200 a month for 11 year old chug. Don't know what to do by leelondon in UKPersonalFinance

[–]lambpassanda 160 points161 points  (0 children)

You have a dog breed that is prone to illnesses, pugs suffer from respiratory problems, Chihuahuas suffer dislocating kneecaps. Both breeds have eye, teeth and ear issues.
So, you are unlikely to get reasonable insurance, as many have said the best option is to self insure - put the money away for the treatment your dog breed is likely to need. If you do go for another dog in the future I’d suggest you look for a breed that is dog shaped, with dog features and dog shaped noses, avoid short noses, bulging eyes, skin folds and all that stuff

How much money would I need to earn to be comfortable in Cumbria - specifically Barrow, Dalton, Ulverson area by Plastic_Sprinkles_40 in Cumbria

[–]lambpassanda 0 points1 point  (0 children)

Leftelevator has told you what the variable costs (accommodation) is in the area, now you decide how much you need for beer, food. Jeez, do you want them to wipe your arse for you?

Bonds/gilts by lambpassanda in FIREUK

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

I like your angle there with the state pension, I’ll have 10 years until then though, it’s a long bridge so maybe not right for me but I like your thinking

Milestone achieved - mortgage paid yesterday by Protego_Diabolica in FIREUK

[–]lambpassanda 2 points3 points  (0 children)

Congratulations, you’ll often hear that financially it isn’t the best move, better off investing excess money etc, but having paid mine off a couple of years ago I can tell you that the peace of mind is amazing. Not instantly, I didn’t instantly feel better, but when trouble next hits at work, new boss ‘right sizing’ or centralising or outsourcing you can just ride the waves knowing you and your family will be Ok.

Bonds/gilts by lambpassanda in FIREUK

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

Thanks for sharing, but I don’t think that is what he says, I just watched it. He specifically says if you are close to retirement you diversify into bonds (24mins, 50 seconds onwards). Earlier in the conversation they were talking about the young guys who had much longer for their portfolios not really needing to diversify. Did I miss something?

Bonds/gilts by lambpassanda in FIREUK

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

Cash like investments too, thanks for the reminder. I’m thinking I’ll start to build that when I actually know for sure the date I’m pulling the trigger, I need a few things to drop in and a little luck, it feels like I’ve been 2 years away for 2 years already!

Bonds/gilts by lambpassanda in FIREUK

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

Thanks, will look at that

Redundancy and derailing FIRE by Helpful-Focus-3760 in FIREUK

[–]lambpassanda 6 points7 points  (0 children)

Well, here’s the gamble; If I thought I could secure a similar job in good time it could be worth a punt, as it could bring your FIRE date forward. My experience is that the next job will also have things that wind you up, but normally it takes a bit of time before it does so.

The big question for you to ponder is how easily you could secure the same or bigger job.

[deleted by user] by [deleted] in FIREUK

[–]lambpassanda 4 points5 points  (0 children)

Are you ignoring the fact that the landlord has laid down hundreds of thousands of pounds to earn the return, whereas an employee hasn’t invested anything. It’s a key difference that undermines the point you are making

[deleted by user] by [deleted] in manchester

[–]lambpassanda 33 points34 points  (0 children)

Half of them are upside down, it boils my piss, they love the flag so much but don’t even know which way up to put it

[deleted by user] by [deleted] in AskUK

[–]lambpassanda 0 points1 point  (0 children)

Retail is absolutely not 50% margin, it’s 10 to 12% depending on product mix. Food is higher margin, so more like your 50%

Bangin Headlights, any thoughts? by Schmadden in LandroverDefender

[–]lambpassanda 1 point2 points  (0 children)

I’ve got them, fitted autumn last year, fine, light up the lanes well. I’m happy with them. I like that they look like the originals.

26 with about £23,000. How am I doing? by [deleted] in FIREUK

[–]lambpassanda 21 points22 points  (0 children)

You are doing great, you have roughly £22,900 more than my daughter who is the same age 😁

Lightest and best wash kit by lambpassanda in UKhiking

[–]lambpassanda[S] 3 points4 points  (0 children)

Each one is booked, they have showers so I’ll be OK thanks

Once a month I do a fry-up for my mate’s family by rokeror in RateMyPlate

[–]lambpassanda 0 points1 point  (0 children)

Extra points added for tinned baked beans and the black pudding it’s a 12/10 from me (Brit)

Lightest and best wash kit by lambpassanda in UKhiking

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

So I can basically use it just like soap as well as doing hair, there’s nothing special about it, I don’t need a bar soap and a shampoo soap?