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Who wants to be the lucky ones and stay home and get 80% wages

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Replies: 106
By:
1st time poster
When: 20 Mar 20 22:28
as I said earlier you can see why in my statement gives you the 10 or so biggest companies you've got stocks in and thers about 6/7 that been getting tanked  in the crash likes of bp,shell,oil price crash,no demand, hsbc,prudentail although they had a little bounce early oin today, rio tinto clobbered by slowdown, all these will be in millions of funds ,imo the falls are that big 70% of ftse market could rise and yours could mostly fall ,only surprise was I had no airlines/holiday companies in there,but others will have,vodaphone BATOBBACCO ANOTHER 2 in there not sure how there doing
By:
jollyswagman
When: 20 Mar 20 22:29
cider aftertiming moves in assets is still aftertiming, if bearcub was here he wouldnt be impressed Laugh

i will price it for you, dow topped at 29,551, it is now 19,174. give it a year and it will be below 10,000 maybe even as low as 5-6000, but there will be rallies on the way down.
By:
casemoney
When: 20 Mar 20 22:32
How are they they going to Get back crooked Claims ???
By:
jollyswagman
When: 20 Mar 20 22:33
case is on the money, my brother is the managing director of two small companies and today he told me he has two of his clients asking for deferral of payment  (and they are already on about 100 days credit). they asked to speak to someone more senior, that means ceo of the european group. he told me the names of these two companies, they are household, i was shocked.

as i have said before, it wont be long before the only use for many share certificates is to wipe your @rse.
By:
moisok
When: 20 Mar 20 22:36
can I assure any of you that I would not keep anyone on at all if I was not taking in money.

I don't suppose any of you own a business and have no understanding of the situation
By:
Cider
When: 20 Mar 20 22:38
I bought rdsb around 1250 lol jolly.

I can't access my pot until at least 12 years from now, I'm happy to 'gamble' and get some oil giants in my book. I won't be crystalising anything for more than a decade. This virus thing should push back the green agenda anyway Grin

On my personal picks I generally have an appetite for yield. Though have Ocado and one or two others in my portfolio.
By:
Latalomne
When: 20 Mar 20 22:39

Mar 20, 2020 -- 7:12PM, jucel69 wrote:


"He's shifted but I think he needs to go a lot further and a lot faster."McdonnellWhat the fùck is this guy on about


My thoughts exactly!  Nearly wet myself when he said that JSA should have been given a boost too.  On what basis?!?

By:
Angoose
When: 20 Mar 20 22:40
In a low margin world, it doesn’t take much of a curtailment in revenue to male a business non viable.
By:
1st time poster
When: 20 Mar 20 22:42
I thought long and hard today to bail out over next few weeks using whats left of 20p tax this year and 40 odd in april, plus a bout 20 grand tax free,still about 14 grand in tax, markets were up 5% early today but my pot was still 2 grand down from last night,from around 150 grand I reckon I could get about 100 grand out either side of new tax year,but could lose another 10 grand plus before then depending on markets,my old man advised me to stay put but might act next week
its a gambling forum so to get your 30.40 grand back never mind any increase its a 2 to 7 shot risking 150 ish to get 30/40 back,because of my age circumstances I,ll have to start emptyimng it anyway in 3, 4 max years time,
scary times
By:
Cider
When: 20 Mar 20 22:46
Like I said before, if you decide to pull stumps you can move to cash within the wrapper, you don't need to withdraw it all and pay marginal 40% that would be foolish.
By:
casemoney
When: 20 Mar 20 22:48
N=Be plenty of newly employed staff at Many Restaurants Laugh
By:
casemoney
When: 20 Mar 20 22:49
Off the Social Cracked with a New position  600 quid a week cleaning the Shyteholes Laugh
By:
casemoney
When: 20 Mar 20 22:50
Country is sadly be Run by Mugs  ,who will be turned over for Billions ...
By:
Cider
When: 20 Mar 20 22:51
Assuming you're aware of flexi drawdown. Say your pot is £100K and you're still entitled to the tax free element. You can take the full £100K, £25K tax free and the £75K goes into a separate 'crystalised' pot which all withdrawals are taxed at your marginal rate.
By:
casemoney
When: 20 Mar 20 22:53
The True working man will be Lucky to get 90 quid if they are half dead Laugh You cannot make it up , Can you imagine the Schemers foooking hell they will get the foooking Lot ... Grin Fair play to them Foooking Mug hole country we live in ...
By:
1st time poster
When: 20 Mar 20 22:58
ive already got a crystalised pot cider that's why the tax free bit is slightly less than a quarter of whole pot
By:
Cider
When: 20 Mar 20 23:09
Cool, so if you do want to pull stumps just sell the fund into cash held within the sipp. Then you can realise it at the most sensible marginal rate as and when.
By:
casemoney
When: 20 Mar 20 23:15
Employment will be at 99 % Next week Whole families off the Social  NEW JOBS ,Monkey a week Cleaning the Bogs 40 employees in a 20 seater restaurant

LaughLaughLaughLaughLaughGrin Beyond Belief
By:
jollyswagman
When: 20 Mar 20 23:21
dont be silly it will be 104% Laugh
By:
moisok
When: 20 Mar 20 23:27
I am putting my christmas light back up all over the house and drive  - FK THE LOT OF YOU miserable fkrs
By:
moisok
When: 20 Mar 20 23:28
panasian panicdemic
By:
politicspunter
When: 20 Mar 20 23:35

Mar 20, 2020 -- 11:15PM, casemoney wrote:


Employment will be at 99 % Next week Whole families off the Social  NEW JOBS ,Monkey a week Cleaning the Bogs 40 employees in a 20 seater restaurant  Beyond Belief


Why do you keep putting silly wee faces on all your posts?

By:
casemoney
When: 20 Mar 20 23:49
For SCs that read them Grin
By:
jollyswagman
When: 20 Mar 20 23:51
LaughSadScared

does that make me a sc?

oh well
By:
duffy
When: 21 Mar 20 01:19
What about business that ask workers to come to work but on reduced hours, they then suffer because they end up with less money than the worker's sent home, which creates bad feeling for the guys who have to attend work. The 80% should count for "reduced" work as well as no work but it appears that it doesn't. If you have lost money through reduced hours but can still go to work it stands to reason that you should get the 80% make up to your wages too.

Also if you are self isolating through being in an at risk group you only get the £97 quid sick pay, this then leaves the individual potentially risking going to work to get paid.
By:
peckerdunne
When: 21 Mar 20 01:24
97 quid, so that's 3 toilet rolls,some milk and one deliveroo......
By:
Deplasterer
When: 21 Mar 20 01:28
Can you do the double still, or is it called the treble nowWink
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