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>> No. 6556 Anonymous
17th September 2016
Saturday 7:02 pm
6556 spacer
Are there any anonymous ways of basically shopping online? Something not too long-winded, simple, and not suspicious. I just want to buy dildos from ebay anonymously. Why is it so hard?
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>> No. 6622 Anonymous
19th September 2016
Monday 8:26 pm
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>>6621
If you think that's disgusting, wait until you see their tax policies and treatment of workers.
>> No. 6623 Anonymous
19th September 2016
Monday 8:59 pm
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>>6612
I'm the lad who suggested it. I've had mine for maybe four years now.
>> No. 6625 Anonymous
19th September 2016
Monday 10:40 pm
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>>6556
>why is it so hard?

Heheheheh.
>> No. 6626 Anonymous
19th September 2016
Monday 10:46 pm
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Personally, I sympathise with OP and don't think he's necessarily a paranoid schizophrenic. Just start new eBay and Paypal accounts using false names but your real address since you said you wasn't bothered about them knowing your address. If you change your mind about the address you can always get a P.O. Box.

>>6572
>After a mandatory sniff
This one made me chuckle. Never change .gs. Dildo Thief or Dildo Sniffer should be one of the default names in /iq/, we haven't had a new one in ages, since Auntie Fucker I believe.
>> No. 6627 Anonymous
20th September 2016
Tuesday 12:09 am
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>>6625
Took you long enough.

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>> No. 6536 Anonymous
21st August 2016
Sunday 12:52 am
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What happens if I take out a giant loan, give the money to someone else and then die? Assume I have no assets.
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>> No. 6544 Anonymous
21st August 2016
Sunday 1:53 pm
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>>6541
Is this mistake of identity thing the same line of thinking as for an insurance front?
>> No. 6545 Anonymous
21st August 2016
Sunday 7:24 pm
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>>6544
Nah its a different kettle of fish. Like >>6543 highlights the insurer will have included all sorts of clauses to ensure they don't have to later hand over the money whereas taking a mistake of identity angle money has already been handed over. Essentially if they haven't handed over the money they will tell your beneficiary to go fuck himself.

For example (and to branch out into another area which is why I'm terrible at contract law) those of you looking to front car insurance for your kids should be cautious as companies usually include a clause to say that any attempt to commit fraud to lower costs invalidates the policy if its not already illegal.
http://www.moneysupermarket.com/c/news/why-fronting-for-your-child-could-cost-you-dear/0036917/

In terms of life insurance you also have to consider that a payout would go to your estate (its illegal to take out insurance on another persons life) so it would be possible as the money has not been handed over to claim it back.

If you would like to know more google Lewis v. Averay.
>> No. 6546 Anonymous
21st August 2016
Sunday 7:58 pm
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>>6545
>its illegal to take out insurance on another persons life

Nope. Life of another policies. Also, life policies can be sold and traded on.
>> No. 6547 Anonymous
21st August 2016
Sunday 11:03 pm
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>>6546
Looks like I was wrong. Still I think the point stands that it is immensely difficult.
>> No. 6616 Anonymous
19th September 2016
Monday 4:45 pm
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Right, OP, I am fairly (very) certain I know the girl in your picture and it's bothering me. Even down to the fact that she's hugging a Miliband, it's all too coincidentamental. And I know that I have people on facebook who use this site - but rules 1&2, IDST.

Did you? Did you do it? We know you did it. Put it back. It's creepy when it's someone you know.

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>> No. 6520 Anonymous
12th August 2016
Friday 3:08 pm
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The Treasury’s Debt Management Office this morning sold debt at a new record low interest rate, underlining the massive appetite from investors for British Government bonds in the wake of the Brexit vote and sparking fresh calls for the Chancellor to take advantage by ramping up its infrastructure investment.

The DMO sold £850m of an index-linked Gilt (or bond) that matures in 2036 at a yield of minus 1.72 per cent.

When the price of a bond rises its yield (or effective interest rate) falls, meaning that investors paid so much for this particular Gilt that the yield turned negative.

The negative yield means the buyers are effectively paying the Government for the privilege of lending to it.


http://www.independent.co.uk/news/business/news/government-sells-debt-at-all-time-record-low-interest-rate-a7184956.html

If people are paying to lend the country money is there any reason we shouldn't borrow shitloads and go on a massive spending spree
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>> No. 6524 Anonymous
12th August 2016
Friday 7:11 pm
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>>6520
This is definitely a case of investors finding the UK irresistible and nothing to do with the Bank of England's new round of quantitative easing, right?
>> No. 6525 Anonymous
12th August 2016
Friday 7:49 pm
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My understanding is that people are buying bonds at a negative yield with the expectation that the Bank of England will buy them in future at an even higher price (and even more negative yield) as part of its quantitative easing strategy.

Somehow this is supposed to stimulate the economy...
>> No. 6526 Anonymous
12th August 2016
Friday 9:18 pm
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>>6525
Some are. Many are put off by bond prices being low so they put their money elsewhere though.

The Bank just bought tonnes of government debt, freeing investors to put money in the rest of the economy.
>> No. 6527 Anonymous
13th August 2016
Saturday 8:16 am
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>>6524>>6525>>6526

These gilt are mainly bought by very large investment funds such as pension funds as part of a hedge fund.

They can put so many millions into this knowing that they'll lose a couple of percent on it, but it will keep the total value of the fund higher if the stock market goes tits up in the future.
>> No. 6528 Anonymous
13th August 2016
Saturday 9:05 am
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>>6527
I'm not entirely sure that's right. I've been in contact with a fair few fund managers post-Referendum and they've said they're not changing their stance on gilts because the market isn't big enough for them to take a significant holding in it, so the effects on their performance would be negligible, even when we're talking multi-asset funds in the old defensive managed sector.

The main holders are annuity providers and life offices, for solvency reasons, and final salary pension schemes to offset their liabilities. Oh, and fixed interest funds which specifically invest in gilts.

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>> No. 6477 Anonymous
30th July 2016
Saturday 7:54 am
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I've read a few personal finance books now, people like Robert Kiyosaki and Alvin Hall. They're quite informative on topics like investment and retirement. I grant that the earlier you think about these things the better, but I wanted something directed toward younger people in their twenties and thirties, and came across Beth Kobliner.

http://www.bethkobliner.com/wp-content/uploads/2012/09/GetAFinancialLifeChapter11.pdf

It's US-centric, but most of the advice translates over well, and I very much like the direct, point-by-point style in order of priorities that she's given here.

Does /£$€¥/ have anything further I could read? Ideally with young British people in mind.
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>> No. 6478 Anonymous
30th July 2016
Saturday 6:13 pm
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This thread depresses me.
>> No. 6479 Anonymous
30th July 2016
Saturday 6:32 pm
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>>6478

Why?

I'm the OP and I find the topic depressing sometimes, but maybe for different reasons.
>> No. 6480 Anonymous
30th July 2016
Saturday 9:01 pm
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Is there anything in particular you're after and have you tried websites like Monevator?
>> No. 6482 Anonymous
31st July 2016
Sunday 6:35 pm
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>>6480

Monevator has some good articles, thank you for that. I don't have anything more specific than 'financial advice for young British people' in mind.
>> No. 6483 Anonymous
31st July 2016
Sunday 10:28 pm
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I know .gs doesn't really think much of Reddit as a whole, but I have been finding /r/UKPersonalFinance quite informative so far.

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>> No. 6468 Anonymous
27th July 2016
Wednesday 9:27 pm
6468 contractor or employee
Apologies in advance for the stupid question. So I have an internship these days where I'm getting a fixed amount of money in the end.

The boss initially had said 'the simplest way to do it would be make you contractors' but later changed his mind and said he wanted us to be employees for the duration on some 0-hr contract or whatever for NDA reasons - but he himself doesn't seem too sure either.

Provided the fixed sum I'm getting is guaranteed by another, already-signed contract, would it matter whether I'm a contractor or not in terms of the taxation on my wage? It's £2000 and I have no other income so I'm hoping it's under some sort of threshold.

Being a foreignlad I am terribly unversed in these things and couldn't find anything comparing status between the two so if anyone has been through something similar it would be greatly appreciated.
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>> No. 6469 Anonymous
27th July 2016
Wednesday 9:59 pm
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> It's £2000 and I have no other income so I'm hoping it's under some sort of threshold.

There is a personal allowance of £11,000 per year. If you earn less than that amount, you pay no income tax.

When you receive your pay slips, check to see if income tax has been deducted. Your employer may have applied the wrong tax code and deducted tax that is not owed. If it has, you will need to notify HMRC (the tax collecting agency) to reclaim the overpaid tax.

https://www.gov.uk/tax-codes/if-you-think-youve-paid-too-much-tax

If you earn more than £155 per week, you will have to pay National Insurance. This will be automatically deducted from your pay. You pay 12% of anything you earn over the £155 threshold.

The benefits and disadvantages of self employment are quite complex. Unless you are earning more than about £20,000, the amount of tax you will pay is roughly the same. If you are self employed you will need to complete a Self Assessment tax return at the end of the year, or pay an accountant to do it for you. Most employed people do not need to complete a tax return, because their taxes are automatically deducted by their employer.
>> No. 6470 Anonymous
27th July 2016
Wednesday 10:14 pm
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>>6468
Foreign? If you need a visa to keep working here, then maybe it would be best to be employed by your employer, rather than being a self-employed "contractor" offering services (work).

Being a contractor is shitty unless you are earning silly money.
>> No. 6471 Anonymous
27th July 2016
Wednesday 11:28 pm
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>>6469
>If you earn more than £155 per week, you will have to pay National Insurance. This will be automatically deducted from your pay. You pay 12% of anything you earn over the £155 threshold.

Ah, and this is regardless of whether I'm a contractor or employee, right?

>>6470
It's a short summer stint and it won't turn into a real job after it's done since they can't sponsor me even if they wanted to keep me. So it won't matter I guess.
>> No. 6472 Anonymous
28th July 2016
Thursday 1:07 am
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>>6471

>Ah, and this is regardless of whether I'm a contractor or employee, right?

If you're an employee, it's automatically deducted. If you're a self-employed contractor, you have to pay it yourself.

The national insurance rules for self-employed people are a bit more complicated and have some useful loopholes, but they're not worth worrying about unless you earn enough to hire an accountant.

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>> No. 6287 Anonymous
16th May 2016
Monday 11:12 pm
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That thread about the Scottish guy who trained his girlfriend's dog to be a Nazi got me thinking. He was working in a call centre, a minimum wage (or close to minimum wage) job, but he seemed like he was living an independent lifestyle.

As a fairly sheltered Londoner this makes me wonder: are there actually places in this country where one can live independently and reasonably well on the minimum wage, or a smidgeon above it?
141 posts and 3 images omitted. Expand all images.
>> No. 6463 Anonymous
21st July 2016
Thursday 8:52 pm
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>>6462
Gozo ain't Malta lad.
>> No. 6464 Anonymous
21st July 2016
Thursday 9:50 pm
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>>6463

Malta refers to both the island of Malta and the nation of Malta, of which Gozo is a part.
>> No. 6465 Anonymous
22nd July 2016
Friday 6:23 am
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>>6463
>>6464

"Gozo" in Portuguese means spunk. I've always found that funny.
>> No. 6466 Anonymous
22nd July 2016
Friday 7:20 pm
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>>6462
> Are you already in Malta? How are you finding it?

I am not there yet. I will arrive in the middle of August.

> I've been looking into rental prices in Malta and it seems that you can rent a 1-2 bedroom flat in Gozo for around 200-250 euros a month...

Gozo seems much cheaper than the mainland. I am looking at 1-2 bedroom flats near the centre of Malta proper (i.e. close to the jobs) and there doesn't seem much available for less than 600 euros a month. Also, food seems a bit cheaper than the UK, but not much - it is mostly imported and Malta does not have the large population that the UK has to bring the cost down. Cars are also very expensive (due to import taxes), yet everyone has one because the public transport is unreliable and it is not safe to cycle.

Luckily I am not moving to Malta for the money, and I should be earning enough to be comfortable anyway.
>> No. 6467 Anonymous
22nd July 2016
Friday 8:03 pm
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>>6466
Go and convince them to have another referendum on becoming part of the UK.

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>> No. 6447 Anonymous
28th June 2016
Tuesday 12:05 am
6447 spacer
Can I still make loadsamoney out of the Brexit brouhaha or did I miss the boat?
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>> No. 6448 Anonymous
28th June 2016
Tuesday 12:26 am
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Yes, let me share with you my information on how to make money from it.
>> No. 6449 Anonymous
28th June 2016
Tuesday 12:30 am
6449 spacer
It depends, do you have a glove thick enough to protect your hand from a sharp knife? Do you have steel-toe boots?
>> No. 6450 Anonymous
28th June 2016
Tuesday 12:39 am
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Get some Brexit t-shirts and sell them from a van.

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>> No. 6442 Anonymous
27th June 2016
Monday 12:31 am
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Should I buy USD/Euros lads? I've seen forecasts for it to go as low as $1.20.
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>> No. 6443 Anonymous
27th June 2016
Monday 12:37 am
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>>6442

Never catch the falling knife.
>> No. 6444 Anonymous
27th June 2016
Monday 1:07 am
6444 spacer
>>6443

What if you've got big workman's style gloves on and it's like a properly expensive knife?
>> No. 6445 Anonymous
27th June 2016
Monday 4:44 am
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>>6444

Well if your job is to basically look after proper expensive knives and you have all the right kit to allow you to carry out your job safely then I suggest you catch that damn knife.

If on the other hand you're trying to make a few quid doing amateur FOREX trading then I'd wait until the uptick before moving a single penny.
>> No. 6446 Anonymous
27th June 2016
Monday 6:20 am
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Whenever I drop stuff, my instinct is to put my foot out and cushion its fall. Not looking forward to the day that I do that with a knife.

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>> No. 6440 Anonymous
10th June 2016
Friday 3:03 pm
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My tenancy is up for renewal in September. I'm in a not-London city with a handful of universities, and consequently fuckloads of students. I had some trouble getting my current flat - it was one of four viewings I had on the day and the other three were cancelled, and in the run-up to it agents were telling me that with all the wealthy foreign students (especially from China) turning up 6-8 weeks before the prospective move was far too early to do anything useful.

I don't plan on moving out any time soon, but I know it's going to come sooner or later and when it happens I don't want to be competing with thousands of students. I figure that demand will be a bit lower around March, but that also supply will be lower.

In short, if I ask for a 6 or 18 month let to end in March instead of another 12 month ending in September, am I likely to end up in a cooler market?

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>> No. 6421 Anonymous
23rd May 2016
Monday 6:33 pm
6421 History of Capitalism(s)
I'm looking for suggested reading on the history of Capitalism, although I suspect that there may have been several manifestations of it throughout history hence allusion to plurality in the title.
8 posts omitted. Expand all images.
>> No. 6430 Anonymous
24th May 2016
Tuesday 3:59 am
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>>6429
Around the same time as mixing up sentence structures.
>> No. 6431 Anonymous
24th May 2016
Tuesday 6:03 am
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>>6429

I don't think you understand what racism means.
>> No. 6432 Anonymous
24th May 2016
Tuesday 6:59 am
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Why can't you all just have one thread without banging on about racism ?

The level of immaturity surrounding it is horrific, especially considering how up their own arse a lot of people on here are. Grow up.
>> No. 6433 Anonymous
24th May 2016
Tuesday 12:05 pm
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>>6432

Agreed, let's start to behave how we would in real life.
>> No. 6434 Anonymous
24th May 2016
Tuesday 1:45 pm
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>>6433

How should I express my persistent weeping though?

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>> No. 6142 Anonymous
13th February 2016
Saturday 3:23 pm
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Any of you lads got any frugal tips?

I want to give it a shot considering I'm in my first real job and don't actually make much over the 20k mark.

I don't want to be recycling teabags or anything but some little ways to cut back on money would be nice and I reckon there must be one or two lads that get a kick out of saving a few quid.


So far I've made relatively minor changes like cutting down my phone bill on giffgaff and buying a water bottle, which incidentally is saving me loads as instead of spending at least a quid a day on drinks at work I spend absolutely nothing. I've cut down takeaways and I don't really go out that much anyway and even if I do I'm not one of these people that wakes up and cries about having spent £200 because I'm not a muppet.

So yeah, any obvious money pits?
13 posts omitted. Expand all images.
>> No. 6156 Anonymous
14th February 2016
Sunday 4:13 am
6156 spacer
Those notes are horrible.
>> No. 6301 Anonymous
17th May 2016
Tuesday 4:49 pm
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It's my modernist and republican tendencies showing, but I really like these. Gill Sans on the numbers, Helvetica Neue for the text.
>> No. 6312 Anonymous
17th May 2016
Tuesday 11:05 pm
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>>6301

Even as a republican I somehow feel the need for the monarch's bonce on the notes. It just seems right.
>> No. 6322 Anonymous
18th May 2016
Wednesday 1:14 am
6322 spacer
Save on going out with friends - don't shower.
>> No. 6461 Anonymous
8th July 2016
Friday 1:09 am
6461 spacer
>>6322
You ate your funny pills again.

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>> No. 6225 Anonymous
8th May 2016
Sunday 8:42 pm
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Any homeowners here ?

I'm 22 but I've scared myself reading all the doom and gloom of house buying so I've started saving for one by putting a few hundred a month away.

What age did you lads start saving ? I like to think I'm ahead of the curve but there can't be that many homeowners who managed to whip up a deposit by starting late.
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>> No. 6247 Anonymous
9th May 2016
Monday 10:11 pm
6247 spacer
>>6245
What? They don't have direct debit and standing orders?
>> No. 6248 Anonymous
9th May 2016
Monday 10:22 pm
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>>6247
My rent people refused to accept direct debit. Luckily, my bank has a service called Bill Pay, whereby they pay your bills for you to save you the hassle. They brag about it all over their branches and it's pretty popular for being an alternative to writing a paper cheque once a month, but I've since found out that what it actually does is send a physical paper cheque on your behalf to a payee whenever you tell it to. I'm having to kick up a fuss to get the uni to pay my through direct debit. They have it, sure, but they don't use it.

I'm gonna use my contactless Co-Op card somewhere and blow somebody's mind.
>> No. 6249 Anonymous
9th May 2016
Monday 10:35 pm
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>>6246

They won't even give you the keys to a car here until you've proved it's taxed and insured.
>> No. 6250 Anonymous
10th May 2016
Tuesday 6:26 am
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>>6232
So far, so good. As I mentioned in that thread, there's a house down the street which is a fair bit smaller than mine and is being rented out for around £100 pcm more than my mortgage payments.

Even if you don't want to move anywhere at the moment there's no harm in saving and you can always change houses later on.
>> No. 6300 Anonymous
17th May 2016
Tuesday 4:45 pm
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>>6249
Maybe at official dealerships, but the local one I bought my car off suggested driving it 50 miles without tax (it was insured) and just show the V5C New Owners and receipt in the unlikely event I got pulled over.

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>> No. 6251 Anonymous
10th May 2016
Tuesday 10:25 pm
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Lads. Since it's a new tax year and the personal allowance is 11 grand. It won't raise any eyebrows, would it, if I were to walk into my bank and open an ISA with 11 grand?
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>> No. 6282 Anonymous
13th May 2016
Friday 8:29 pm
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>>6281
>You're going on a list.
He's right, you know. Your name is going on the list. What is it?
>> No. 6283 Anonymous
13th May 2016
Friday 10:40 pm
6283 spacer
>>6282
DON'T TELL HIM PIKE
>> No. 6284 Anonymous
13th May 2016
Friday 11:19 pm
6284 spacer
>>6281

They're certainly taking their sweet, sweet time over it.
>> No. 6285 Anonymous
13th May 2016
Friday 11:28 pm
6285 spacer
>>6284
Probably because of ineffectual government bureaucracy, one hand doesn't know what the other is doing and that.
>> No. 6286 Anonymous
15th May 2016
Sunday 9:06 pm
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>>6280
This

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>> No. 6218 Anonymous
28th April 2016
Thursday 1:14 pm
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This is partly /job/, but as the issue is pertains to is financial I thought it right to post here.

I'm doing a year in industry next year, and have just got my contract through. It says I'll be eligible for the pension scheme. As I may only be working there for a year, the contribution won't be massive, but is it worth joining? Having only ever had zero-hour student jobs, I'm not particuarly versed in actually dealing with tax and pensions, etc; I'm wondering if I'm right in thinking if I put some money in now, it'll just sit there over the next 4-5 decades and build up a healthy chunk of interest. Am I right in thinking this? Is it worth it?

It's a huge company (one of the biggest in the world), but it's also an automotive company that may have received a healthy chunk of US government money to stop it going under, so I don't know if that should factor in my decision.

I've already taken the optional loan from SFinance (what's another 2k on top of 50?) and am going to be putting that into one of those time-locked savings accounts with a good interest rate.

tl;dr Is it worth taking part in a pension scheme if I may only be working there for a year?
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>> No. 6220 Anonymous
28th April 2016
Thursday 9:25 pm
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>>6219
Contract hasn't arrived, but a bit of googling takes me to a website called "The Pensions Department" which looks a little bit dodgy. If the documents on the website are correct, this is what the rates are. I don't actually understand this table, mind.
>> No. 6221 Anonymous
28th April 2016
Thursday 10:12 pm
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>>6220
Accrual rate means it should be a defined benefit scheme, e.g. if you are in it for one year then you'll get 1/60th of your salary as the pension, if you're in it for 20 years then you'd get 20/60th's of your final/average salary as the pension. If your salary during the placement year was, say, £20k then 1/60th would mean you get an annual pension of £333.33 and this would be revalued, probably in line with CPI, to your retirement.

The contributions are how much of your salary you'd have to pay for this, but that's usually a gross figure. For the 10% gross figure the net amount coming out of your salary would be 8%.

The tiers at the end looks like something to do with National Insurance but I don't know what it's on about.
>> No. 6222 Anonymous
28th April 2016
Thursday 11:22 pm
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>>6221
So it doesn't gain compound interest, then? Basically I'm wondering if it's worth putting it in the pension or putting it in a (relatively) high interest bank account.
>> No. 6223 Anonymous
28th April 2016
Thursday 11:26 pm
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>>6222
I'm being stupid here. Revaluing it is essentially gaining interest. The CPI right now, however, is 0.5%, and I could probably get better interest for the moment in a locked bank account. I can't predict the future, though.
>> No. 6224 Anonymous
29th April 2016
Friday 6:45 am
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>>6222>>6223
If it's a final/average salary scheme then the benefits you can accrue in that year are likely to be far higher than what you'd get in a money purchase scheme - using the £333.33 example again, if you bought a level annuity at a 5% annuity rate, you'd need a pension pot of £6,666.66 in today's terms to provide you with the same level of starting income - as the income from the scheme would be inflation proofed you'd probably need to double that pension pot to purchase the equivalent inflation linked annuity income.

If you get the opportunity to join a defined benefits scheme then take it. They're generally the best private pension provision out there.

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