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  2. The phrase that springs to mind on emigrating is "whether you think you can or you can't then you're right". If you're the kind of person who needs big networks of friends and family to feel happy then you're highly unlikely to be happy abroad as they take years to develop and much more difficult to do when you're older. I have plenty of good friends and family but I can take it or leave it, just as happy alone but never lonely. The difference now is that people aren't going to be emigrating because of the weather, they're going to be emigrating because Mohammad just took control of their local council for the "Green Party" and mandated that each household must pay a levy for Gaza and new Shari'a patrols and rubbish collections are abolished and replaced with a big fire in your street.
  3. The 1970's bit appeals. Bit like the village we live in currently. We still see a coal lorry making regular deliveries around here.
  4. tasmania has weather the same as the UK, with the added advantage everything is stuck in the 1970s.
  5. Today
  6. Anyone borrowing to fund a fhl needs their head felt. im off for my morning walk round town shortly. Given that it’s the day after the bank holiday, i should find it difficult to park. My guess is that I’ll have my pick.
  7. Couldn't cope with the heat. I was feeling hot yesterday when the thermometer breached 20 degrees!
  8. One percent

    St James Place

    It beggars belief the number of people i know that toss around, “oh, my financial advisor…”. Im sure there is a bunch of these people in scabby ‘advising’ people.
  9. FHL walk a very narrow tight rope. They need to charge much much more than a rental as they have much higher costs and only let for a small percentage of weeks. If they charge too much then they wont get the bookings and they'll lose the FHL benefits - these are gone anyway now. If they charge too little theyll fuck up the yield, which the bank does monitor to check theyve not let to a duffer. And is commercial loans - the bank can - and does- call the loan in if it finds its let too much to an area. To quote most (local) people I know whove jumped into FHL im the last 10y - and a eye brow raising number have with a mortgage - we dont make any money. They are luck theyll skim low thousands - 3/4k year. Which when you add up the mortgage debt and risk is laughable. Previously, locals only let grans old house i.e no debt.
  10. spygirl

    St James Place

    At the core of SJP is an entrepreneurial sales culture that dates back to its founders. The Gloucestershire-based company was set up in 1991 by South African entrepreneur Sir Mark Weinberg, the late businessman Mike Wilson and Lord Jacob Rothschild, who passed away earlier this year, as J Rothschild Assurance Group. Its modus operandi was based in part on Allied Dunbar, a previous Weinberg company that was known in the financial services industry as “Allied Crowbar” because of its aggressive sales tactics.
  11. spygirl

    St James Place

    How deep are the problems at St James’s Place? A regulatory clampdown has led to lower inflows, a falling share price and talk that the wealth manager could face a takeover bid https://www.ft.com/content/54a93482-2f26-4643-b4df-05ad00e862ed Every year, St James’s Place, which over the last three decades has become one of the UK’s most successful financial services companies, organises a glitzy show for its thousands of investment advisers. Guest speakers have included Bill Clinton, Bob Geldof and David Beckham, while top-performing advisers were paraded onstage to huge cheers from their colleagues at a company that was famed for its sales-driven culture. This year’s gathering at London’s O2 arena, however, was an altogether more subdued affair. Shares in the company, which provides financial advice and investment management services to 960,000 well-off clients, have fallen 60 per cent over the past year, primarily due to intense scrutiny of the fees it charges.
  12. Of course on an individuals perspective. What do the multi trillions in bank reserves or governments debt mean. I know how it got there, deferred consumption by individuals over their lifetimes. It then becomes something else, a means of power and control. Its too trite to say it is simply evidence of debt. For the love of money is the root of all evil https://www.kingjamesbibleonline.org/1-Timothy-6-10/
  13. come to australia. you'll be called a fucking pom for at least 15 years, but can sit in the sunshine 9 months of the year for free.
  14. Yesterday
  15. Yes, I was clumsily referring to the investor merely buying the PVP CTA fund and so not actually needing to do the TA themselves.
  16. Money is evidence of debt, simple as that. If you think about how it comes into being - someone gives it to someone else when they have nothing the other party actually wants at the time - then that's all it is. Some people say that it's an unusual form of debt because, unlike banknotes where the risk is, theoretically, reduced by swapping personal IOUs for those of large and well-known organisations, which can average out the risk among many debtors (which is why I refer to banks as 'credit insurers'), the risk is spread among all the users of the tokens. However, in any case, there's no way that 'money' of any kind, even gold, can 'extinguish debt'. Ultimately, only desirable goods and services can do that and most of the economic sophistry you hear that attempts to make money sound like something other than debt is really about obfuscating that fact, in order to justify debasement by issuing credit to cover for a lack of capital in the economy.
  17. I've lived in about 12 countries all over the word in my life as a kid, single, and married. I could write a book. I loved it and am pleased I did it but there are plenty of pitfalls and it has to be for the right type and for the right reasons. Regardless, it certainly is not easy for any decent length of time.
  18. Eh? That's not right. These are typically CTA funds which typically use TA in some form (given trend/momentum is based on price/volume). But yes, generally funds not available in wrappers (there are a few potential trend funds but we stopped looking once we saw the performance stats). AIUI, PVP outsource this part but do also have their own managed value funds which are not based on TA (other than maybe assisting in entries and exits). Yes, you can't fully diy these trend/momentum funds in a wrapper as they are usually derivative based. We use no derivatives, just trend/momentum investing with the instruments available within the various wrappers. We have an options accout if we want to broaden our reach.
  19. They have been bought and sold, by a con man , they have problems for sure but the IMF have never sorted out those sort of problems in any other way bar selling off the countries assets The Argies visited China the other day to talk about currency swaps and explain their plans ,they were wished "the best of luck with that " They withdrew their membership of BRICS ,which was something Miele campaigned on the opposite of along with sacking/dissolving their central bank but to be fair he might have done that and handed control of their currency to the dollar ,how can a country ever be sovereign if you rely on another country to create your currency ?
  20. I think we should give the shabbiest shabbos a chance
  21. Was that made and endorsed by the IMF by any chance ,you do know on the inflation side that the daily limit from a cash point will barley buy two cups of coffee now ,hence the "dollarization" It`s basically an advert saying Argentina is for sale come and get your bargains here
  22. Brazil obviously! Whilst earning in USD of course
  23. Good video on the potential rise of Argentina. 16m 18s "In this video, we will explore how Argentina's economic mismanagement has led to numerous crises, that pushed a once prosperous nation into a series of defaults, inflation, and political turmoil. We'll discuss Javier Milei’s bold plans to revitalize the economy through deregulation, privatization, and dollarization. Additionally, we'll examine Argentina's vast potential as an agricultural and energy powerhouse, and the geopolitical implications of its resurgence."
  24. In times past I would agree,but we are living in very strange times and having options to move elsewhere is probably a good idea. The question is where!
  25. Because i have children,grandchildren and a partner here.I would never leave my children here by choice given where we are heading.I have 3 very very good friends who were ex bar girls.One was a bar girl,then ran two of the biggest Agogo clubs in Pattaya.She trusts me and tells me everything ,so i know what drives it all.Most go there because their Thai boyfriends/husbands beat the crap out of them and so they leave,but have no income.Most/all send the money home,and although they would not choose the job of course,most prefer it to a beating from their exes.The 3 i know had similar lives to me and my hometown in many ways,doing what you need to to survive.They are amazing women,and i respect them probably more than any women i know.iv always found in life,if you show genuine interest in people,show them respect,learn who they are,then you grow yourself as a person.Yes some sickos go there,but its quite small,mostly its lonely sub 5 men.Not uber chads like us lot on here
  26. If you don't require friends or socialising it's fine though. Indeed, arguably an improvement.
  27. Moving to another country is mostly for dreamers. It never happens. But it's nice to chat about it, and it produces a warm, fuzzy feeling over a beer.
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