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>> No. 9516 Anonymous
14th July 2022
Thursday 2:39 pm
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My flatmate is moving out at the end of next month and upon him giving notice my landlord is asking that there be a renewal agreement that increases the rent by £65. The thing is, I signed a variation agreement when I moved in last November to replace the previous joint-tenant that specifically states:

>TERM : One year less one day from and including 03/11/2021 until and including 04/11/2022
>RENT : [total-rent-on-property] per calendar month clear of all deductions for the duration of the term

Am I right that there is piss-taking going on? It doesn't name the tenant now moving out in the variation agreement but it seems odd that I'm bound by contract terms of a year on my side but are now changing on what the landlord receives. Unless they're instead going to demand the new variation agreement by the new tenant builds in the rent increase and extends my term as well.
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>> No. 9517 Anonymous
14th July 2022
Thursday 5:16 pm
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>>9516
https://www.gov.uk/private-renting/rent-increases

>For a fixed-term tenancy (running for a set period) your landlord can only increase the rent if you agree. If you do not agree, the rent can only be increased when the fixed term ends.

>Your landlord must give you a minimum of one month’s notice (if you pay rent weekly or monthly). If you have a yearly tenancy, they must give you 6 months’ notice.

You have a fixed term expiring in November. That term runs for a year. Cordially invite them to do one.
>> No. 9518 Anonymous
14th July 2022
Thursday 5:39 pm
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>>9517
See it ordinarily makes sense only we're looking to make a new variation to replace the other existing tenant. As they set out the rent and term in my variation agreement I'm presuming they will be in rights to do it again because we're asking for a change in the contract via signatory on the joint-tenancy.

So I can either say no and they will too in which case I can't replace the tenant and end up paying for everything until November being unable to replace. Unless there's some regulation on tenancy replacement that protects substantive changes to the agreement.
>> No. 9519 Anonymous
14th July 2022
Thursday 6:22 pm
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>>9518
They shouldn't send you a variation with an increased rent. If they do, and it's on paper, strike out the rent and replace it with the previous rent, initial the amendment, sign it with "(as amended)" underneath it.

Otherwise, if it's one of those DocuSign things, return it to the letting agency and tell them that if the landlord wants to increase the rent they need to send a Section 13 notice separately, and that they need to send you a variation with only the name of the tenants changed.

Basically, at this stage, call their bluff.

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>> No. 9502 Anonymous
10th July 2022
Sunday 5:58 pm
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>Freshii’s ‘virtual cashiers’ make $3.75 an hour and have been called ‘outrageous’ — now the chain’s founder wants to go global

>It started as an experiment, designed to solve staffing shortages at Freshii. Last year, amidst harsh COVID-19 business restrictions, senior members of Freshii’s management team — including founder and then-CEO Matthew Corrin — quietly began testing a software called “Percy,” a video-calling device attached to cash registers at select franchise locations.

>The software was built to connect Freshii patrons with cheap, outsourced workers based in countries thousands of kilometres away. The idea, the creators said, was to help franchise owners cut down on labour costs while keeping their doors open in case local staff called in sick. The pilot project went relatively unnoticed until April, when Percy’s business model sparked intense criticism from labour organizers and senior politicians after the Star revealed that some of those “virtual cashiers,” based in countries such as Nicaragua, are paid $3.75 (U.S.) an hour to perform the same tasks as Ontario workers who earn a minimum wage of $15 (CAD) an hour.

>But now, despite the backlash, Percy’s founders say they hope to grow their start-up into a multinational company with offices around the world — totally independent from Freshii.
https://www.thestar.com/business/2022/07/08/percy-the-virtual-cashier-founders-shrug-off-critics-and-plan-to-grow-start-up-into-a-multinational-company.html
It's not even the only one: https://www.dallasnews.com/food/restaurant-news/2022/04/27/dallas-based-which-wich-tackling-restaurant-labor-issue-with-new-virtual-cashier-platform/

Looks like a whole lot of people are about to have their jobs outsourced. How can governments best support people who become unemployed as a result of exploiting the third-world? It seems to cause some problems down the line.
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>> No. 9511 Anonymous
11th July 2022
Monday 5:46 pm
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>>9510

> but the way they seem to be deployed is horribly inefficient

What's an efficient way to employ a septuagenarian though. A lot of them struggle with mental tasks and asking them to get an item from five aisles down is like a whole day's workout for them.

To be clear, the reason more of them are still employed nowadays usually isn't that they have a useful contribution to make to the workforce. It's just the dire need for money to cover their monthly costs, which their pensions will increasingly no longer provide.
>> No. 9512 Anonymous
11th July 2022
Monday 6:45 pm
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>>9510
>They might like the idea of only working part-time at Tesco express but if we combine them with machines we can work them to the bone.
...Augmented... Eldelrly?! Robo-Grandpas?!
>> No. 9513 Anonymous
11th July 2022
Monday 8:18 pm
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>>9511
This has given me an awful idea for the supermarket of the future: Get one of those automated stock-collecting robots they have in warehouses, stick an old retiree in a basket on top of it. The robot will wheel around getting the items you want without being tired or forgetting where things are, and then for that all important human touch the old bloke can hand it to you.

Don't bother going to the patent office, I'm already on the bus.
>> No. 9514 Anonymous
11th July 2022
Monday 11:45 pm
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>>9511
>To be clear, the reason more of them are still employed nowadays usually isn't that they have a useful contribution to make to the workforce. It's just the dire need for money to cover their monthly costs, which their pensions will increasingly no longer provide.

Nah, it's more like they take early retirement from a full-time job but continue to do part-time as they close out their working life. It's not like you can't work at all in your 60s but it's already getting a bit much to work full-time at that age, hence why it's common sense to plan to take early retirement these days after you pay off the house.

If they're proper old then you need to take it case-by-case but we can give them exoskeletons like in Aliens or however else we handle disabilities these days. They've already done a lot of research into this as you'd expect and old people still have a tendency to make less catastrophic errors than the young.


>> No. 9515 Anonymous
12th July 2022
Tuesday 12:46 am
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>>9514

>They've already done a lot of research into this as you'd expect and old people still have a tendency to make less catastrophic errors than the young.

I'm not sure. I seem to remember numerous studies which all tended to conclude that people age 65 and up have far poorer judgement than younger adults. In fact, even the average sixteen year old can often make better decisions.

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>> No. 9125 Anonymous
19th January 2022
Wednesday 10:38 am
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What sources of income do you have other than your job?

I get invited to do market research surveys through work and that's yielded £70 in Amazon vouchers since the start of November, although usually it's about a tenner a month. My girlfriend does the occasional Prolific survey in her spare time and gets about £40 a month for it. She also keeps an eye out for universities needing participants for their research; from one study she got a free phone, Fitbit and a payment of about £150.
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>> No. 9448 Anonymous
10th June 2022
Friday 11:11 am
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>>9156

>As one of the quotes used multiple times in that video goes, they'll say "if this looks like a Ponzi then surely everything looks like a Ponzi". That line is true, but not in the way the originator meant.

Ponzi schemes are usually still quite easy to spot. The key sign that that's what an investment scheme is tends to be unrealistic yet consistent investment returns. You need to sucker investors into investing with you somehow. Why should they give you their money if they get the same kind of returns with more conservative asset classes. Also, to actually deliver those returns to at least a few people who have been your client for some time and thus not arouse suspicion, you have to keep bringing in new investors, and again, you'll only be able to do that consistently with promises of massive returns, which you can then back up by pointing at the sums you've already paid out to longer-standing clients.

If you look at Bernard Madoff, for some inexplicable reason, he seemed to be able to pay out consistent high returns that appeared to be almost completely unaffected by market crashes and other fluctuations. The reasons why he got away with it for so long were that he was very well connected in the finance industry as well as the Securities Exchange Commission, and just that people love a good lie, and that he and his employees worked quite hard to cover their tracks. His company had an entire department which did nothing all day besides pulling entirely bogus income statements out of their arses for their hundreds of clients. They were paid out an amount that seemed reasonable, at least given the fund's past performance, with some minor and equally bogus fluctuations over time, and then they concocted a list of securities that they then said they had invested their clients' money in, which seemed to corroborate the returns that were paid out.

Madoff got away with it because he was very skillful at keeping up his Ponzi scheme. It really only collapsed in 2008 during the Financial Crisis because there was a market-wide bank run. Without that, he probably could have continued it for a lot longer. Not all Ponzi schemes are that elaborate, but they don't have to be in order for you to spot them, because, again, the key telltale sign is always unrealistic consistent returns.

Worth noting that a return isn't unrealistic because it beats the market and you achieve it one time. Any retail investor can get lucky and make an absolute killing one time on a stock that goes through the roof. But it's a trick that you simply cannot pull off every time in the long run, and whoever promises you otherwise simply isn't worth your money.
>> No. 9449 Anonymous
10th June 2022
Friday 11:48 am
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>>9447
Apparently it's really important to get a 9 litre big bastard with two trays. She's gone for this one:

https://www.amazon.co.uk/gp/aw/d/B09BMBFTBT

She's also used redeemed vouchers from TopCashBack or whatever else she gets up to in order to blow £159 on one of those carpet shampoo cleaners. Most of the house has hard floors, it's just the bedroom, stairs and upstairs hallways that are carpeted.

I just... just... women. I gave up trying to make sense of them a long time ago.
>> No. 9458 Anonymous
11th June 2022
Saturday 9:19 am
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>>9449

Carpet shampoo cleaners are also pretty shite. They do make a difference but not £159 worth.
>> No. 9459 Anonymous
11th June 2022
Saturday 12:07 pm
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>>9458
Her mum has one, so she could have borrowed that on the rare occasion we need one. I don't know.
>> No. 9460 Anonymous
11th June 2022
Saturday 12:35 pm
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>>9459
Weren't you going to buy socks with the voucher anyway? Just cook some chicken and chips and enjoy it.

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>> No. 9304 Anonymous
6th May 2022
Friday 3:21 am
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Evening chaps. Would you be able to recommend me a bank where the fraud blocks are optional, i.e. you can turn off your bank's tendency to block everything? I am with Barclays and fuck me sideways - I can book a £200 hotel ok, and a £30 train ticket, but if I book another £10 ticket (lol split ticketting) it has a shit fit and blocks your card. It didn't do that when a grand was taken out my account, though.
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>> No. 9380 Anonymous
13th May 2022
Friday 3:02 am
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>>9305
>Monzo have by far the most sophisticated and unobtrusive fraud detection
Sophisticated, yes. Unobtrusive, not necessarily. There are plenty of reports of people getting their accounts frozen for seemingly no reason. Fraud detection is ultimately a trade-off. When fraud occurs, the bank needs to return the customer's money, and if they can't stop, reverse or recover somewhere down the line, they're on the hook for it. That means that how sensitive and specific their systems are hinge on how much risk they want to accept in terms of transactions slipping past them and having to cough up out of pocket. For upstarts like Monzo, a lack of a large capital investment base means they necessarily have a lower tolerance, which means calibrating their systems for higher sensitivity and lower specificity.

It's also worth remembering that customers can themselves underestimate the risk of transactions they enter into. In my younger days, I made the mistake of buying hard drives on the same day as I'd paid for a file-sharing service. As far as my bank was concerned, they'd seen a small payment to a company in Eastern Europe followed shortly by an order for several hundred pounds worth of electronic equipment and understandably their system got twitchy.
>> No. 9397 Anonymous
13th May 2022
Friday 2:15 pm
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>>9305
What this guy says. You don't get any banks who won't do KYC checks, they're legally obliged to and the onus is on them, not you.
>> No. 9425 Anonymous
16th May 2022
Monday 4:24 am
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Natwest has never done anything like this for me, either I'm lucky or they don't give a shit but in any case you could give them a shot.
>> No. 9426 Anonymous
16th May 2022
Monday 9:19 am
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>>9425
Natwest interviewed me for the best part of half an hour before they allowed me to send £3000 to myself at another bank. Among other things I had to justify why my computer had remote desktop enabled, why my phone appeared to be using a VPN (it was an adblocker) and why I had chosen a savings account with an APR lower than their ISA (it was an LISA - an account type he didn't know existed).
>> No. 9427 Anonymous
16th May 2022
Monday 8:05 pm
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>>9425
Natwest have spotted every fraudulent act ever committed on my bank account. They're very good. To this day, I have no idea how they could tell it wasn't me sending money from Yeovil to someone in Reading, but that it was me sending money to buy things from China, Japan, and Eastern Europe.

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>> No. 3223 Anonymous
18th February 2013
Monday 7:58 pm
3223 Bitcoins
Have any of you bought Bitcoins or spoken to anybody that has?

The underlying principle of removing the role of the banking industry from transactions (or at least limiting its influence) seems noble but it stinks of a giant scam IMO.
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>> No. 9419 Anonymous
15th May 2022
Sunday 1:07 pm
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>>9411
As far as I can tell, there are enough people in the market always that there's always someone willing to take a punt. I have never cashed out shares or cryptocurrency and been told absolutely nobody anywhere is willing to pay. But then, I have used Coinbase or Vanguard who are presumably an extra level of intermediary who make such trades easier and more reliable. If you had the actual Bitcoins on a hard drive in your house, it might be harder, just like how I don't want to invest in gold because I don't want to have several grand's worth of gold sitting in my house, and I have no idea how I would sell it from there.
>> No. 9421 Anonymous
15th May 2022
Sunday 1:09 pm
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>>9419
Sending your Bitcoin from your hard drive to Coinbase takes 10-30 minutes.
>> No. 9422 Anonymous
15th May 2022
Sunday 1:47 pm
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>>9417

>Nice try, but Bitcoin yields are an order of magnitude higher than Apple's dividends.

That all depends. In a world of uncertainty, where stochastic expected value is a thing, nothing comes for free. Very high yields tend to be highly improbable, which in turn means that low yields and even substantial losses are much more likely. Sure, if you'd bought 1000 quid of Bitcoin in 2009 or 2010, you'd be a multi millionnaire, possibly a billionaire by now, but what were really the odds back then. Cryptocurrencies were a novel idea but which nobody could predict would take off the way it did. It was in the best sense of the word highly unlikely. Especially as basic volatility was near enough already what it was today. And look at the way valuations jigsaw, sometimes from one day to the next. If you got in at the ATH of $67K in November 2021, as I'm sure many people did because retail investors very often buy at the top in droves, then you're sitting on a 55% percent loss at the moment. Sure, it could just as well go up way past $67K again in the next bull run, but it's still a very volatile asset. If you're not prepared to take profound losses, temporary or not, then you shouldn't invest a single penny in cryptocurrencies.

Another thing is that it's IMO no coincidence that cryptos came to such widespread popularity in an environment of historically low interest rates that we had for over a decade. But as interest rates are now set to rise again in most leading economies, there will be other more risk-averse investment opportunities again. Which also means there is no guarantee that cryptocurrencies will replicate the kind of price action we've seen in the last 10 years.
>> No. 9423 Anonymous
15th May 2022
Sunday 2:00 pm
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>>9422
You're not understanding the conversation. We're not talking about price (though that is surely a far more salient variable in both instances). He's talking about dividends and I'm talking about yields or interest.
>> No. 9424 Anonymous
15th May 2022
Sunday 6:44 pm
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>>9421
Assuming no congestion and reasonable fees.

Also transacting on Coinbase takes 10-30 minutes, assuming they aren't having "technical difficulties" which are totally genuine and beyond their control and in no way just them preventing customers from benefiting from favourable market conditions.

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>> No. 9261 Anonymous
1st May 2022
Sunday 2:08 pm
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How do we fix the housing problem? The whole market is a joke and weighs on the neck of anyone whose parents aren't rich like an anchor.

Talk of raising interest rates by a single percent could knock 20% off house prices (https://www.economic-policy.org/72nd-economic-policy-panel/rising-uk-house-prices/) but the factors driving low interest rates in the need to artificially pump growth seems unlikely to abate anytime soon and it seems like we just can't build possibly enough houses to possibly dent demand. It's like as a society we're just tired and out of ideas at this point.
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>> No. 9406 Anonymous
14th May 2022
Saturday 6:57 pm
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>>9405
You see the green bits? That's where you can build more KFCs, Subways, primary schools and houses.
>> No. 9407 Anonymous
14th May 2022
Saturday 7:03 pm
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>>9406
River Humber looks filthy.
>> No. 9408 Anonymous
14th May 2022
Saturday 7:25 pm
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>>9406

If Britain had the same population density as Hong Kong, we'd have a population of 1.6 billion. This country feels crowded, but it's mostly empty. It would feel much less crowded if we built a few new towns with decent public transport.

>>9405

Nobody actually chooses between a house directly opposite KFC or homelessness. They make trade-offs based on cost, location, size, quality and a variety of idiosyncratic factors. A handful of uninhabitable houses in very poor locations do have a market value of zero, but that's an edge case. The vast majority of houses are worth more than they would cost to build even if they're inconveniently located, poorly built, unattractive or cramped, because there simply aren't enough houses for people to have a real choice.

Increasing the supply of housing gives buyers and renters more choice, while reducing the bargaining power of sellers and landlords. You might not get your dream pair of Yeezys, but you'd probably prefer something from Off-White or Balenciaga over the tatty pair of Dunlop Green Flash you're currently spending half your income to rent.
>> No. 9409 Anonymous
15th May 2022
Sunday 10:35 am
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>>9405
>the primary school that doesn't serve breakfast at all

Fake News: KFC doesn't do breakfast at all but many schools offer a breakfast programme for their students.

>>9408
I reckon I'm stuck in London until hybrid working sticks and they sort out the transport network. It's all well and good getting a house out in the sticks but it becomes unaffordable if I'm having to commute on a season ticket.
>> No. 9410 Anonymous
15th May 2022
Sunday 11:29 am
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>>9409
>until they sort out of the transport network
Better delay thinking about your move until retirement then.

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>> No. 9334 Anonymous
10th May 2022
Tuesday 10:03 pm
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I have the option to open a savings and investment account. I've been offered three different options:

Investment and Savings Account
- Yearly, low standard taxation
- No need to declare every sale / no hassle with income tax return

Fund Account
- Can trade funds
- Can compensate profits against losses in income-tax return
- Usually 30% tax on profits and dividends

Equity Trader
- Trade equities and other securities
- Can compensate profits against losses in income-tax return
- Usually 30% tax on profits and dividends
Message too long. Click here to view the full text.
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>> No. 9335 Anonymous
10th May 2022
Tuesday 10:22 pm
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Who "offered" you these options? It sounds like you just have money and can put it somewhere. In that case, the common advice is that you can't beat the market so you should just spread it out (diversify) as much as possible. For example, a stocks and shares ISA will offer you various stock markets that you can buy one of every share from. If you want to buy one of every share in the FTSE 100, for example, you can put your money there using one of the companies that do it.

When I wanted to do this, finding the companies that do it was actually the hardest part. Vanguard is one, Hargreaves Lansdowne is another, and Legal & General is a third. You can also buy individual shares if you want to from companies like AJ Bell.

I just gave all my money to Vanguard, and none of the bullet points you mentioned ever came up. I invested about £10,000 with them, so if you are much richer than this, you're welcome to ignore my advice. But if you plan to use one of the companies I've mentioned, they will give you lots of reading material to explain what will happen in more detail. It depends on what you want to do, but if you're happy to just passively pile your money into "stock markets in general", then get an ISA and ignore most of what you mention in the OP.
>> No. 9336 Anonymous
10th May 2022
Tuesday 10:32 pm
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1. Equity and fund accounts are the same thing. Platforms can differ on which they're geared towards but I can't think of anywhere you can buy shares in funds but not directly into equities.

2. You mean capital gains tax which is a different beast and I don't see it hitting 30%, in all likelihood you will never have to pay this due to the tax-free allowance and ISA but record keeping isn't hard as platforms keep records. Unless you fuck about with crypto and pictures of monkeys.

3. You're liable to lose money with investing early on as the market is on a downturn, and you can lose it all by panicking or gambling which is what gets people. That said if you can plop your money in a low-cost tracker fund and forget about it then you will beat almost any other form of saving I can think of aside from houses and maybe investing in skills.

I don't know lad, put a little in a credit union, a little in a standard bank savings account and the rest on low-risk investing until you learn the ropes. No need to be all tally-ho.
>> No. 9337 Anonymous
10th May 2022
Tuesday 10:38 pm
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This sounds shady as fuck m8.

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>> No. 9226 Anonymous
6th April 2022
Wednesday 4:21 pm
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I've just finished my first tax year being self employed. How much can I possibly rinse through expenses?

So far I have:-

- Mileage.
- The £26 per month working from home flat rate.
- Work mobile.
- Professional membership and bills associated with that.
- Equipment (computer, webcam, office chair, etc.).
- Meals when I'm on the road.

Is there anything obvious I'm missing?
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>> No. 9231 Anonymous
8th April 2022
Friday 1:40 pm
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>>9230
That sounds wrong to me, but I'm not qualified yet.

https://www.kingstonburrowes.com/news/blog/working-from-home-tax-implications/

See CGT section. You might lose CGT relief but I'm not sure of the actual impact on your tax. The bit they mention about retaining dual use seems fairly generous though so I'd imagine you'd be fine.

Curious, how many accountants do we have on here?
>> No. 9232 Anonymous
8th April 2022
Friday 5:00 pm
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>>9229

You can only claim clothes if they are work-specific and couldn't reasonably be worn in other contexts. Uniforms, costumes and PPE are deductible expenses, but suits aren't even if you only wear them for work.

The joke is on HMRC, because I buy all my clothes at Screwfix.
>> No. 9233 Anonymous
8th April 2022
Friday 7:38 pm
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>>9232

What about a fursuit?

I'm a programmer you see.
>> No. 9234 Anonymous
8th April 2022
Friday 7:47 pm
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>>9233

No, but you can claim for your programming socks.
>> No. 9235 Anonymous
13th April 2022
Wednesday 11:04 am
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OP here with a follow up question. At the minute my student loan balance has c. £4,370 outstanding and I will have somewhere around £3,400 to pay for 2021/22 when it comes to doing my self assessment.

Should I take some of the money I currently have in premium bonds and just pay it off now? The plan 1 interest rate is 1.5%, so higher than I'm likely to get through my savings but we're probably only talking about being ~£30 better off overall if I clear it now.

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>> No. 9224 Anonymous
4th April 2022
Monday 8:19 pm
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>The Treasury has asked the Royal Mint to create a non-fungible token, or NFT, as it attempts to show Britain is at the cutting edge for new technologies by launching its own cryptoasset.

>It said the chancellor, Rishi Sunak, had asked the 1,136-year-old institution to create the NFT – a type of unique digital asset stored on a blockchain, the same decentralised ledger of transactions used to buy and sell cryptocurrencies such as bitcoin – so it could be issued by the summer. The Treasury’s announcement did not specify what image or object the Royal Mint’s NFT would confer ownership of, whether more would be created, nor whether NFTs would be used to generate funds for the exchequer. A Treasury spokesman said more details would be announced “soon”.

>The decision to launch an NFT is likely to raise eyebrows at a time when more than a million people in Britain are expected to fall into poverty this year after Sunak did not do more in his spring statement to cushion the poorest in society from soaring living costs as inflation hits the highest level in three decades. The rise of NFTs has also led to a spate of scams and have become a target for hackers, losing consumers vast sums.

>Sunak said it was his ambition to make the UK a global hub for cryptoasset technology through close oversight of the emerging sector. “We want to see the businesses of tomorrow – and the jobs they create – here in the UK, and by regulating effectively we can give them the confidence they need to think and invest long term.” The government said it intends to legislate to bring stablecoins – digital assets usually pegged to a fiat currency such as the pound or the dollar – into its regulatory regime, meaning issuers and services providers offering such products in the UK would need to follow rules set by UK authorities.

https://www.theguardian.com/technology/2022/apr/04/rishi-sunak-asks-royal-mint-to-create-nft

Are we about to get rugged?

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>> No. 8925 Anonymous
24th July 2021
Saturday 9:22 pm
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What's the best hedge against a global recession or a decade of stagflation following covid, outside of the property that we can't afford or REITs?

I'm hatching an idea that it might be investments in transportation infrastructure to address supply bottlenecks - China being capable of mass producing the low-end consumer goods that will keep people spending even as prices rise (aside from cars that are fucked). My other idea might be the space sector as an area of new economic growth using something like SSIT to balance out declines elsewhere.
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>> No. 8926 Anonymous
24th July 2021
Saturday 9:52 pm
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Hard drugs.
>> No. 9186 Anonymous
21st February 2022
Monday 7:06 pm
9186 This seems like the inflation thread.
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I thought I was on the upper limit of what the company would pay me but I just got a 15% raise and barely had to ask for it.

The only downside is that the senior management suddenly want everyone back in the office 2 days a week so they can feel important again. The office is noisy and unproductive so I'll get less work done.

Wages up, productivity down.
>> No. 9187 Anonymous
22nd February 2022
Tuesday 7:59 am
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>>8925

I am genuinely interested in both ideas, investorlad. How would you go about investing in the space sector, in particular?

>>9186

Without meaning to shit up a thread about interesting investments and inflation, I feel compelled to point out that the big "return to the office" is not about productivity, it's about control. People who spend enough time away from the office might get the idea into their head that spending more time with family is important, or that they can make more friends outside of work, or that they can afford to be more ambitious with their time.

As always, it's a power struggle, and I will also add that if working from home were permanent, then we should expect to see companies making ever increasing use of surveillance technology to make sure people aren't doing any of the above, i.e. blockers on certain websites, activity monitors, obligatory sign-on times and "stand-up" meetings.

Microsoft Teams already has a feature that records your mouse movements and any periods of inactivity, supposedly so that it can mark you as "away" when necessary, but it's not hard to imagine how this data could be used for monitoring.
>> No. 9188 Anonymous
22nd February 2022
Tuesday 10:30 am
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>>9187
> it's not hard to imagine how this data could be used for monitoring

It actively is used for monitoring. Microsoft are quite open about that fact when they speak to enterprise/corporate IT environments. There are much worse tools out there already, though, that actively spy on workers; start with googling "desk occupancy sensor" for a start and go down the rabbit hole.

Protip: The moving images, animations on continuously running videos on a website such as ArsTechnica fool it and a) continually activate Teams and b) disable the screensaver. Use this information as you will (and saves buying one of those devices that jiggle the mouse for you).
>> No. 9223 Anonymous
3rd April 2022
Sunday 3:26 pm
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>The 2-year and 10-year Treasury yields inverted for the first time since 2019 on Thursday, sending a possible warning signal that a recession could be on the horizon. The bond market phenomenon means the rate of the 2-year note is now higher than the 10-year note yield.

>This part of the yield curve is the most closely watched and typically given the most credence by investors that the economy could be heading for a downturn when it inverts. The 2-year to 10-year spread was last in negative territory in 2019, before pandemic lockdowns sent the global economy into a steep recession in early 2020. When the curve inverts, “there has been a better than two-thirds chance of a recession at some point in the next year and a greater than 98% chance of a recession at some point in the next two years,” according to Bespoke.

>In general, a simple way to look at the importance of the yield curve is to think about what it means for a bank. The yield curve measures the spread between a bank’s cost of money versus what it will make by lending it out or investing it over a longer period of time. If banks can’t make money, lending slows and so does economic activity. While the yield curve has sent somewhat reliable signals about pending recessions, there is often a long time lag and analysts say there needs to be corroborating evidence before investors need to fear a recession is around the corner.

https://www.cnbc.com/2022/03/31/2-year-treasury-yield-tops-10-year-rate-a-yield-curve-inversion-that-could-signal-a-recession.html

It's not a sure-thing but you might want to hope for a good rice harvest this year. My guess is the market will still bump following the end of the Russo-Ukrainian War but that things will start coming undone as we get into winter.

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>> No. 9171 Anonymous
19th February 2022
Saturday 5:08 pm
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I want to try cutting out Amazon from my purchases as the first step in avoiding online behemoths in general There's a host of reasons to do so from having one centralised monopoly for online storefronts, the open collection of my data across multiple service, to it just being a Chinese flea market these days.

The thing is though that I've noticed that sometimes even brands themselves will sell for cheaper on Amazon and the organisations logistics make postage pretty unbeatable. Have you lads found a way to crack online shopping or really the commercial side of the online world in general?
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>> No. 9181 Anonymous
20th February 2022
Sunday 9:57 am
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>>9180

Are you James May?
>> No. 9182 Anonymous
20th February 2022
Sunday 1:23 pm
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What do you normally buy from Amazon? There are alternatives (granted, not with "free" delivery) for most things.
>> No. 9183 Anonymous
20th February 2022
Sunday 5:54 pm
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>>9173
Not only that, but I happen to know that the database back-end of IMDb is a single flat text-file. This usually horrifies and impresses people who understand what that means.
>> No. 9184 Anonymous
20th February 2022
Sunday 5:57 pm
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>>9181

No, but the ladies do love a bit of him, and I am very much on his trajectory. I'm not in the slightest bit ashamed.
>> No. 9185 Anonymous
21st February 2022
Monday 3:14 am
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>>9183
> is a single flat text-file
This needs more detail. There must be structure to it, some kind of index. OR the text file is a SoT and there's a layer above it.

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>> No. 9086 Anonymous
8th January 2022
Saturday 10:48 am
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The /r/UKPersonalFinance flowchart seems extremely conservative, and doesn't provide much reasoning behind each step.

Are there alternative charts for people who are willing to take on more risk?

Alternatively, can anyone weigh in with their thoughts on why the steps occur in the order they do here?
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>> No. 9100 Anonymous
9th January 2022
Sunday 4:12 pm
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I used to have a LISA. Then I bought my first home in London and realised the house has to be less than £500k to get the bonus, which pissed me right off.
>> No. 9101 Anonymous
9th January 2022
Sunday 4:15 pm
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>>9100
Stop it, I'm tearing up.
>> No. 9102 Anonymous
9th January 2022
Sunday 7:00 pm
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>>9100

>I used to have a LISA.

So did I. She had the most alluring kind of petit figure, barely scraping five feet and flat chested, but deeply feminine with an arse that could crack walnuts. She had this mischievous grin and a filthy sense of humour that just melted me at a glance. I took her virginity, she took mine. We had the most disgustingly cute nicknames for each other. But it was not to be. She changed. I changed. We grew apart. It couldn't last.

Different kind of Lisa, I know, but sigh
>> No. 9103 Anonymous
9th January 2022
Sunday 8:36 pm
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>>9102
I think I read about this online. Is your name Bart?
>> No. 9104 Anonymous
9th January 2022
Sunday 8:39 pm
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>>9103

Not quite.

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>> No. 9017 Anonymous
6th December 2021
Monday 6:33 pm
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So I've got burned buying Tesla stock for $1,180. It was briefly down to $950 today.

When I bought the shares in early November, there was a lot of euphoria, with predicted near-term price targets of up to $1,500, but now suddenly, everybody says it's way overpriced, even at $1,000. And not only is Elongated Muskrat dumping ten percent of his shares, but institutional investors seem to be shunning Tesla as well.

Will my investment still appreciate, or am I screwed for good? Some analysts have now set price targets at less than half the stock's current value.
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>> No. 9035 Anonymous
9th December 2021
Thursday 8:49 pm
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Why did we stop trying to do hydrogen cars? Aren't they much, much better than fossil or EV?
>> No. 9036 Anonymous
9th December 2021
Thursday 9:11 pm
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>>9035
No, because most hydrogen production isn't particularly green.
>> No. 9037 Anonymous
9th December 2021
Thursday 9:22 pm
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>>9035

Hydrogen was never all that promising, but the oil companies got behind it because it'd give them something to sell. In theory you can produce zero-carbon hydrogen through splitting water, but it's far easier to extract it from natural gas.

Toyota will sell you a hydrogen-powered car right now, but it's not a particularly attractive option. The base model costs £50k, most of the boot is taken up by the hydrogen tank, hydrogen is more expensive than petrol and there are a lot more fast-chargers than hydrogen fuel stations. Unless there's a massive breakthrough in hydrogen production, it's basically the worst of all worlds.

https://www.toyota.co.uk/new-cars/mirai/
>> No. 9038 Anonymous
9th December 2021
Thursday 9:23 pm
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>>9036
And hydrogen is a shit fuel, it's not dense, so you need a lot of tank volume at pressures that are high enough to be really tricky engineering - heavy and expensive, even compared to batteries. It also embrittles metals it touches, which is inconvenient -even heavier and more expensive. You can store it in liquid form, which is even heavier and more expensive and your tank boils dry in a week or so.
It may, some day, be possible to sore it adsorbed onto a matrix of something and pull it off when you need it, but not (usefully) yet.
Sensible people glom the hydrogen onto some carbon, when it becomes manageable, dense, easy to store, easy to burn, an interchangeable with other hydrocarbons.
Hydrogen marginally makes sense if you're NASA launching cost-no-object shuttles or the most performant deep space missions, but it's so annoying that, despite the lesser performance, far more rockets use methane or almost-diesel as fuels.
Anyone evangelising hydrogen is either shilling for big oil or just ill informed.
>> No. 9039 Anonymous
10th December 2021
Friday 7:14 pm
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>>9038

I always admired BMW's attempts to develop a mass compatible hydrogen combustion engine. The project has since been discontinued, but for a while, it looked like hydrogen combustion was a feasible alternative to petrol or diesel.

They did run into many problems, e.g. they had to redesign the air intake and injection system, and another problem was that hydrogen is much more flammable than petrol, but at the same time, igniting hydrogen displaces less volume, i.e. like-for-like in terms of thermal units, your bang from hydrogen is smaller than that from standard petrol. They were able to solve that problem with variable valve timing, but also, the piston rings had to be designed to fit more tightly, because H2 molecules are much smaller than the constituents of petrol, so the hydrogen tended to escape past the pistons into the crankcase, where it would accumulate and could then blow up the entire engine.

Also, there were environmental concerns, because in order to produce enough molecular hydrogen, you have to expend many times more energy than the energy content of your hydrogen. Switching to H2 as a main energy carrier for future cars would therefore not have solved our energy crisis, especially considering that in many parts of the world, the electricity that is needed to separate hydrogen from water through electrolysis is often still derived from burning fossil fuels.

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>> No. 8958 Anonymous
15th September 2021
Wednesday 7:25 pm
8958 Small loan
I just switched to a new job, I am working from home at the moment but that would change soon. I am in dire need of moving, I have found a good house but I will have to pay 1.700 pounds for the deposit and everything else by the end of this week. At the moment I have 100 pounds in my account.
I will be paid my wage (2100 net pounds) on day 23th. What's the best way to cover for the short term need of cash? I will get the deposit back for my current house, but not before mid November.

Should I apply for a big overdraft with HSBC? Will they accept? I had an account with them since 2011 and I never had any problem, but I never asked for loans or overdrafts. In case they say "no", what options do I have? My credit score is about 975.

Thanks guys.
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>> No. 8959 Anonymous
15th September 2021
Wednesday 7:28 pm
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Ask for an advance on your salary.
>> No. 8960 Anonymous
15th September 2021
Wednesday 7:37 pm
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>>8958
>My credit score is about 975.

You'll easily get an overdraft.
>> No. 8961 Anonymous
15th September 2021
Wednesday 7:53 pm
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You will get an overdraft. If you don't, you'll still almost certainly score a 0% interest (for a limited time only!) credit card to get you by.
>> No. 8962 Anonymous
15th September 2021
Wednesday 8:28 pm
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>>8959
>>8961

Thanks for the good suggestions

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