Leonmarsh

1 minute ago, Leonmarsh said:

How did you work that out your arguement contradicts itself when she spends all her money on a care home lol 

Cmon now read before posting I will leave you to quaff and pick which care home you fancy 

I would do with a Vic young head with your winter fuel payment always a good choice 

11 minutes ago, Aldebaran said:

Oh dear the poor old Baby Boomer again.

I would be pleased for my mum in that position, firstly because she is obviously financially secure now and also if she needs to go into a nursing home it is likely that she will have the funds to pay for a decent place. 

It is said that the main beneficiaries of the Baby Boomer generation will be the late Generation X and the Millennials🌞

How did you work that out your arguement contradicts itself when she spends all her money on a care home lol 

Cmon now read before posting I will leave you to quaff and pick which care home you fancy 

Just now, Petra said:

🤔😂well done enjoy your expensive home. Probably by then those figures may not seem as strange as they do now. I’m off now, things to do. Will call back later when I find another ‘stick’ to poke you with😮😁😂

Petra the politician 

1 minute ago, Aldebaran said:

To get back to old sovereigns - in the last quarter of 2005 Gillick sovereigns were just over £65 each.

A studio flat in my home town was approximately £65k, or 1000 sovs.

The sovs are now £400 each (approx) and the studio flat approx 150k or 375 sovs.

Quite a good increase on the sovs 🌞

Interesting , genuine question So you think sovs will increase at the same rate ? Or has increased in the time of the golden generation ? Unprecedented ! 

So Petra again I will answer your question 

House bought - 1995 for £30,000

Today's price - £300,000 

X 10 over 28 years 

By your methodology your house will be worth in 2052 - £3 million (X10 over 28 years) 

So to buy a house you need to have an income of say £8-10 million a year in 28 years time looking forward to that 

There is no denying a generation were made rich by unprecedented asset growth and unsustainable pension offerings which has resulted in todays generation paying it all back and working til there 75 

5 minutes ago, Petra said:

🤔🤔😂refer you back to previous answers. As I won’t be here in 30 years or so, really not interested in ifs and maybes about something I haven’t owned in years. You should concentrate more on the here and now🤔

Again avoidance as expected 

This is the issue with modern society 

A debate with no substance you are the politician of the forum without doubt 

#canihavemorepicswithnointentionofbuying

Just now, Petra said:

Get a grip, you’re one of these people who look back 60 years ago and think everything was dirt cheap… ooh petrol 10 bob  a gallon, without thinking how much most ordinary people were paid. Oh we were obviously so better off years ago! Try getting annoyed about something actually worth getting annoyed about!🤔😮😂😂

Answer the question then 

When did you buy your house ? 

How much did you pay? 

Value now ? 

Then tell me it will go up at the same ratio over the same time period 

Not getting annoyed just don't like time wasters and your the biggest one of them all 

37 minutes ago, Petra said:

🤔🤔😂😂

You need to give up commenting without providing evidence @Petra it simply annoys people I am not alone 

One comment and then vanish 

8 minutes ago, Petra said:

And I know/want to know for what reason?

To prove my point as above that you are disputing 

7 minutes ago, Petra said:

Unfortunately for all the experts on here, my house was bought in the 90s and even though the kids are still there I haven’t lived there in 25 years. 🤔🎉

So how much is the house worth ? Would you expect the house to rise at the same rate over the next time period 

Genuine question 

1 minute ago, SovereignBull said:

Hmmm I disagree a bit with the gambling and have to be in earl as in years ago when BTC was new.

I’ll give a brief rundown of my experience and how I made money.

1. Bought a token called Avax

2. Bought & sold NFTs on the Avax ecosystem. Learnt how to buy using code instead of relying on the mint button, made good, good money and in some cases would turn £50 to £1500 in less than a day! I still suffered the odd loss but mostly made money.

3. Became a social media information monster & over a period of 2 years connected with everyone within the Avax ecosystem. To the point where my tweets on X or posts on discord would actually create FOMO and influence buys and sells of certain NFTs

4. Learnt who were the good people & who were true to their word.

5. One of The Blue chip NFT projects stood out a mile and the founders of these projects (who I had grown to know well over my 2 year period on socials) decided to launch a meme token.

6. I was there at the right time for the token launch, knew how to buy using the correct methods to ensure my buys would go through in the frenzy of buying and then watched the price sky rocket! This was December last year!

All of the above involved hours glued to my phone, keeping up with the socials, chart watching, buying/selling etc

If you’re prepared to put the time in, stay glued to your phone, sacrifice family time and endure stress at the highest level you can make big money even now. 

I am no longer prepared to do that! I may do so again if the wife keeps insisting on 2/3 holidays a year but for me my time in crypto is over.

Never felt like a gamble just lots & lots of hard work.

im a lot happier buying shiny coins! 😊

 

Genuine question if you had some much success as a social media fomo monster and key to a blue chip nft what you doing here ? 

Not taking the Mick just curious why your not sat on a beach somewhere I would be with that track record and success 

https://youtube.com/shorts/jP8wCKbGuaY?si=LyoavhpFZylsR02T

No idea buts or maybes, just absolutes 

3 minutes ago, SovereignBull said:

Not sure what the answer is here but Crypto if done right (I’m talking investing months worth of hours and research), if lucky and if there at the right time can turn £20 into £60,000.00 in under a week! I’ve been there and experienced it! I can’t think of any other investment where these sorts of profit. But take this with a big warning, it’s extremely bad for your mental health and will leave you drained!

Couldnt agree more it's the best gamble of a decade literally make you a millionaire within a decade of you got in early wish I had 

But realistically it is a gamble, online gambling nothing more or less 

In terms of wages 

Average wage 2000 -£18,000

Average wage today - £35,000

So wages would be £70,000 average in 2047 and house £3 million if history repeats itself 

Thats no accounting for the arse falling out of pensions, company stocks and shares, British steel and so on 

1 minute ago, Coverte said:

I think it best to leave you here to argue with yourself.

You couldn't answer the bitcoin question which is ok I don't know what it is either no one does really do they 😭

42 minutes ago, Leonmarsh said:

How much is your house worth now and when did you buy it before I do a mic drop 

So seeing as Petras gone AWOL 

Say Petra bought the house in 2000 at £30,000 and is now worth 300,000 

23 years later in 2047 at the same growth rate the house would be worth £3 million 

Meaning in 20 years all of us would have to be multi multi millionaires to afford a 3 bed semi 

Not happening 

6 minutes ago, Coverte said:

Or just look back 12 years when Bitcoin was $5 and a few cents................

You can't have bitcoin in any serious conversation really, again another mic drop without googling please answer 

What is a bitcoin? 

Not surprised very good price 

5 minutes ago, Leonmarsh said:

How much is your house worth now and when did you buy it before I do a mic drop 

It's not another ones of those one comments and leave is it @Petra interesting, unusual can I have more pics, if only it didn't have a scratch, type thing 

1 minute ago, Petra said:

There’s people on here who have bought sovereigns if not as cheep, then close to! Don’t start on here again how things were cheap and easy to get years ago. The three bedroom house I bought at £30,000 was at the maximum we could afford and there wasn’t a lot of spare cash knocking around. Stocks and shares etc. ….. well everything was well financed with interest rates well in double figures🤔😮 
 

Bit like knocking my dad for say he could have an amazing night out for ‘10 bob’ …. wages were c**p🤔

Obviously you come from a wealthy family… not all in that position 

How much is your house worth now and when did you buy it before I do a mic drop 

As my 70 year old mum sits there and quaffs on a prosecco having come back from her third cruise And £4,000 a month pension with her house paid for she then gets a letter, here is your winter fuel payment lol 🤣 to keep you warm. 

Keep her warm? She could fuel her house on the million pairs of bon marche high waisted trousers she has 

https://www.charteredbanker.com/resource_listing//the-legacy-and-responsibility-of-our-golden-generation.html

21 minutes ago, Organics said:

In 20 years time will we be looking back and saying the exact same thing 🤔

Personally I don't think so the golden generation have had their time that will never be repeated 

Houses bought at buttons, council houses people bought making them home owners, company stocks, shares and pensions have all lead to a very wealthy above 60 generation 

The new generation 35 plus have been blighted with many things financially and will never see the wealth of their parents unfortunately 

Why is this relevant because if a sov went up x 5 in 20 years like houses, like pensions, it would £2k a sov 

Who the hell is gonna buy it and therefore price will be subdued 

Probay needs more bloody detail in the terms of sale 

Not too sure why people worry about cgt so much so you realise how much gold you would need to have to be liable for cgt? 

Seen people wetting their knickers over three or 4 sovs 

Plus who will actually declare that you have gold cgt and not just flog it here or to one eyed Barry of fat Dave at the pawno

22 minutes ago, James32 said:

Hes posting first to combat this. 

Fair enough 

You lot are mad first post ever since 2018 I would proceed with caution before the tales of woe come in