Anon raised by 4chan

britboy4321 · 2022-09-29T10:05:17+00:00

Think of it like crack-cocaine.

If you offer it to everyone .. sure, a few people will just have a great time and party and no problemo - better life for them.

But society as a whole can't handle it and dickheads would keep fucking stuff up using it, so it would slowely but surely turn everything to shit including the lives of the 'good' crack cocaine users.

britboy4321 · 2022-09-29T10:01:41+00:00

The 'market' . as in .. professionals that phrely make their money off getting this stuff right, are BETTING THEIR OWN MONEY on it being above 6% in 12 months.

Adding in the money the bank has to make, this will take my rate to about 8.25%

britboy4321 · 2022-09-28T21:37:40+00:00

The removal of the 45% tax rate only costs the government £2 billion per year.

To put it in perspective, the FUEL CAP alone will cost them about £160 billion in just 2 years. The removal of the 45% economically is small-fry.

It was an ideological move - a move by Liz Truss to build up her credentials as ultra-right and to say to the ultra-rich 'we got your back - we're in this for you' - in a nutshell. Especially as she also made getting tax credits harder.

britboy4321 · 2022-09-28T21:34:24+00:00

The trouble is inflation also screws over an even larger proportion of the country (read: everyone).

britboy4321 · 2022-09-28T21:33:20+00:00

Mine is too.

Fill in this:

https://www.telegraph.co.uk/property/uk/how-high-will-interest-rates-go-what-does-mean-mortgage/

britboy4321 · 2022-09-28T12:56:59+00:00

Ach we managed a 25 mile, 11 hour queue to get out of England this summer because of Brexit

britboy4321 · 2022-09-28T12:46:52+00:00

The rocks are quite slidey and there are a gaxillion ways to break your leg or ankle. But it is beautiful.

britboy4321 · 2022-09-27T22:37:56+00:00

Yea during a war exercise in 2005 the Swedes managed to 'sink' a virtually brand new, state of the art 'USS Ronald Reagan' aircraft carrier, getting passed all it's defences totally undetected (and all those of it's battlegroup) - using an incredibly cheap diesel sub.

It did this multiple times in multiple engagements against the aircraft carrier and all the anti-sub equipment the US had - performing multiple attack runs considered within the wargame to be 'critical successful' (as in, sinking the carrier) and never being detected by anything the US had. This even ended up leading to a decline in the morale of the anti-submarine crews as the shitty cheap-ass sub sank the carrier time and time again in different scenarios so the wargames were called off.

The submarine used cost about the same as a single F-35 jet.

This lead to the US 'renting' 1 of the Swedish subs, fully crewed, for years at great expense, from the Swedish, as the entire US sub fleet had moved to Nuclear by this time - to try and find a method to defeat these simple, cheap subs. Results of the US trying to find an answer are confidential - as are the results of later wargames involving these cheap-ass diesel subs.

It is thought a direct result of all this was Russia choosing to build 2 more brand new cheap-ass diesel subs in 2013, as close to the Swedish spec as they could manage - when conventional military wisdom thought diesel was a relic of the past and no major power would ever build them again.

America has declared it won't go back to diesel.

britboy4321 · 2022-09-27T16:25:09+00:00

All sounds good.

Remember with a fixed, part of what your paying for is the ability to now put it out of your mind for YEARS and just concentrate on other parts of your life.

You've selected 'I want out of this financial rollercoaster of dreams/hell' so recommend you don't fret over interest rates at all for 24 or 36 months at least .. with all the other shit going down .. you've earnt and paid for that stress to be out of your life so you can focus on other stuff!

Probably a good call .. I wouldn't bother doing the maths as-you-go regarding whether it was financially better .. as I said .. you've PAID to be away from all that mortgage rollercoaster shit :) Let it lie now :)

britboy4321 · 2022-09-27T16:02:43+00:00

Yea .. my plan only works if the ERC limit is => 20% ...

Sounds like £40k is so damn safe for you anyway .. I'm warming to the 5 year idea in your specific circumstance. Keep it simple .. if you could find the £40K whenever you needed to anyway :)

britboy4321 · 2022-09-27T15:37:53+00:00

The money will be tax free unless the person who gave you the dosh dies within 7 years AND leaves you stuff in their will (money or house or anything) that is worth more than (£325,000-£150,000 = £175000). If this is (almost) definitely not going to happen - the dying thing, I won't bother explaining the finer detail :)

britboy4321 · 2022-09-27T15:29:44+00:00

This is difficult to answer as basically it's asking us which bet to place for your gamble.

But I'll try.

1) If losing my house would absolutely destroy me, possibly tear my family apart and be totally devastating, I'd go for fixed at something I could afford and put interest rates out of my mind altogether, live my life, and never even bother working out that I'm paying £310 per month (or whatever) more than I could have been if I'd 'gambled'..

2) If losing my house (but keeping the built up equity) is just the way the cookie crumbles - hey, you can rent for a while and pick yourself up you'll scrape through .. and your attitude to risk is 'some risk is ok' I'd stick with variable and take the money!

option 2) Will PROBABLY save you loads, but there's the small risk you'll lose your house altogether if everything goes to shit! So either take yer chances, or don't!

Analogy: If I offered you £20,000 to put your HOUSE on a roulette wheel - and only if it comes up on number '1' (so, a chance in 37), your house is mine - otherwise you keep the house and £20,000 .. would you make the bet? If so .. option (2) might be more your style!

britboy4321 · 2022-09-27T15:13:41+00:00

OK my guess is that the Nationwide person on the phone didn't quite understand what you were saying.

I'll cover my thoughts in seemingly random order:

1) I am assuming the money you got is TAX FREE and you won't get a tax bill for x% of it in a year. If you don't know this for fact, find out! I can't think of many ways of you getting £150,000 completely tax free (if someone died I think it's tax free .. lottery .. not much else) so just ensure it is.

2) I'm not sure why you think going for 5 years is a good idea EVEN IF YOU CAN PAY IT. There are massive drawbacks to hemming yourself in like this (all about 'liquidity') just because you can and 5 years 'feels cool' (unless you are approaching retirement age).

What you should be doing is looking for something like a 15 year mortgage, critically with no early redemption penalties .. then overpaying it to a 5 years schedule that you work out for yourself. This will give you the same interest rate (at your ratio), more likely to be accepted because of affordability, and most importantly if your life goes wrong (eg 'lose job, can't find another one') wiggle room that you'll suddenly be desperately happy for as your mortgage payment in 'emergency mode' will be really, really little, should you find yourself in desperado street - with the mortgage lender giving you absolutely no shit whatsoever you're finally just paying what was agreed (per month) for once!.

I can only think you'd choose 5 years because psychologically it feels good. But if you have a jot of self control .. 15 years .. then make the payments as if it was 5 years. This may save you should god turn his back on you!

3) Paying 1% to give them money 4 months earlier than january is only worth it if you're currently paying a mortgage rate higher than about 4% (not 3%, as the money could work if you don't give it to mortgage). I bet you're paying less than that % currently. So just hold on to it until Jan. The time will fly past.

britboy4321 · 2022-09-27T14:22:02+00:00

If I remember right the very first tanks were tractors with metal shields welded to them and gaps for the soldiers to literally point their machine guns out of and shoot at the enemy ... so ...

britboy4321 · 2022-09-26T09:08:09+00:00

I'd have actually thought this is a big risk to Russia because the test MAY LITERALLY FAIL and it turns out that nuke is broken like everything else in Russia.

Can you imagine the humiliation?

britboy4321 · 2022-09-25T00:35:26+00:00

The same happens everywhere.

If you read 'sniper one' by Dan Mills - he said that the new officers arriving at his base right on the front line in Afghanistan had this tradition of being expected to walk around picking up all the small unexploded ordnance and cartridges and shit and literally throwing it back over the base's wall (!)

This was done as a testament and proving ground to them being 'in it with the lads' .. and the officers that refused to found themselves bundled on the next helicopter out of there (with career pretty much in tatters).

britboy4321 · 2022-09-25T00:30:36+00:00

Someone said that they were most likely training rifles that are never supposed to fire again the brand new recruits just drag them around the assault-course and under the barbed wire and shit to get used to the weight, size etc.

Maybe ..?

britboy4321 · 2022-09-25T00:19:00+00:00

In fairness, when I got dysentery in India, I puked and shat so much, with such vigour, that I got a sexy 8-pack for the first time in my life!

10/10 wouldn't recommend ..

britboy4321 · 2022-09-25T00:15:36+00:00

The BBC said 'even if only 6 of them work out of the thousands they have, them, and the inevitable retaliatory strikes, would be damaging enough to adversely change the life of every person on the planet either directly or indirectly'.

britboy4321 · 2022-09-24T21:53:27+00:00

When I was serious about a house I used to drive to the front of them at 7am -- then do the commute to work from there, and back to there after work .. just so I knew exactly what I was getting myself into!

britboy4321 · 2022-09-24T20:55:14+00:00

At least his conscripts are getting top quality weapons to fight with .

https://twitter.com/christogrozev/status/1573650479799799809

britboy4321 · 2022-09-24T20:50:29+00:00

In WW1, British Officers were given permission to battlefield execute any soldier that tried to desert, refused an order or displayed 'cowardice'. Pretty rough.

britboy4321 · 2022-09-23T13:47:37+00:00

Driving a lorry around sounds a county-shit ton better than being on the front line, tbh !

britboy4321 · 2022-09-23T11:55:45+00:00

Literally the only point is that they have an election in 2 years and they need people to be happier with them, so they're trying to buy it.

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