Alistair invests in Vanguard, so this isn't HIS pension pot he is talking about, more the great British unsophisticated investor in total.
? Vanguard offers lots of equity free and equity light products, so that doesn't really follow. Also, aftertiming and hindsight are wonderful things, but there's times when being "100% in balanced global equities" can leave you looking pretty silly.
Several years back Mrs JackW was quite struck on the mini, until she sat in one !!
I did advise her the reality would spoil her gushing perceptions, especially after driving an Audi Q7 to view the dinky offering ....
We had a Mini back in 1962. Very happy memories. And no, we bought it not long after we got married.
Mrs C learned to drive in it.
My one car was a Morris Traveler in the early 70s. I ran it for ages with a dud battery, using the hand crank to start it. Once I mended its electrics by the side of the road halfway to Bristol from Nottingham. The plus side was that it was eminently easy to work on, but I spent far too much time in a losing battle to mend its rotting British Steel. It was only about six years old. I find walking and cycling far easier to manage.
I blame the Sarah Beeny type shows that dominated TV schedules for a decade and a half.
"Mr and Mrs Smith bought the house for £100k, put a bit of plaster on the walls and now it's worth £200k, aren't they clever!?"
House prices historically have been a lot more volatile than people think - it has not been the case in recent decades that they have automatically been a good investment.
So Trump thinks that Germany has a trade deal with the US and that the UK spied on him for Obama. I wonder if even among the swivel-eyed Atlanticist right there is a dawning realisation that we are not going to bestriding the world with the US once we have left the EU.
Trump invited May before Merkel for a reason but as the new Mori makes clear we voted Leave to gain control of immigration not to stride around the world as the US mini me
Yep - May's rush to Washington DC to prostrate herself and her country at Donald Trump's feet looks increasingly foolish; as do her remarks about the US and the UK leading the world.
Testing Brexitism to destruction is a dirty job, but she did volunteer for it.
Can you imagine the fury on here and among right-wing Atlanticists if that uppity African and his spokesman had accused the UK of spying on him? Fact is, Trump is the most anti-British US president for decades. And there are still people who think he'll give us a great trade deal :-D
I liked Obama but he did remove the Churchill bust which Trump restored and Obama himself said his closest international ally was Merkel not May. The fact is that other than Netanyahu and maybe Abe, May is Trump's most reliable international ally, that is why he saw those leaders first at the White House
Wasn't the story about the bust more complex than that (something like there were two; one permanent and one on loan) ?
Maybe but Trump still managed to find one to put in his office unlike his predecessor
Several years back Mrs JackW was quite struck on the mini, until she sat in one !!
I did advise her the reality would spoil her gushing perceptions, especially after driving an Audi Q7 to view the dinky offering ....
We had a Mini back in 1962. Very happy memories. And no, we bought it not long after we got married.
Mrs C learned to drive in it.
My one car was a Morris Traveler in the early 70s. I ran it for ages with a dud battery, using the hand crank to start it. Once I mended its electrics by the side of the road halfway to Bristol from Nottingham. The plus side was that it was eminently easy to work on, but I spent far too much time in a losing battle to mend its rotting British Steel. It was only about six years old. I find walking and cycling far easier to manage.
Funny you should say that, I find driving much easier to manage than walking or cycling! My enduring memory of the early mini with its then revolutionary front wheel drive was the way my friend would throw his into a corner at around 45 - 50 mph and emerge unscathed, whereas with anything else one would have finished upside down in a ditch.
Pension pots have been doing quite well, actually, so that doesn't work. Furthermore the triple lock benefits only very poor pensioners to any significant degree - those who are wholly or mainly dependent on state pensions.
Having said that, it's served its purpose now, and should not be renewed in the next parliament, IMO. Currently I believe only the Labour Party is committed to keeping it.
Pension near maturity that are principally invested in government bonds? Really?
Alistair invests in Vanguard, so this isn't HIS pension pot he is talking about, more the great British unsophisticated investor in total.
? Vanguard offers lots of equity free and equity light products, so that doesn't really follow. Also, aftertiming and hindsight are wonderful things, but there's times when being "100% in balanced global equities" can leave you looking pretty silly.
I'm 80% in stocks, 20% in government bonds.
But people in their 60s will have their funds mostly in bonds. Which are stagnant as all fuck and have been for years.
Several years back Mrs JackW was quite struck on the mini, until she sat in one !!
I did advise her the reality would spoil her gushing perceptions, especially after driving an Audi Q7 to view the dinky offering ....
We had a Mini back in 1962. Very happy memories. And no, we bought it not long after we got married.
Mrs C learned to drive in it.
My one car was a Morris Traveler in the early 70s. I ran it for ages with a dud battery, using the hand crank to start it. Once I mended its electrics by the side of the road halfway to Bristol from Nottingham. The plus side was that it was eminently easy to work on, but I spent far too much time in a losing battle to mend its rotting British Steel. It was only about six years old. I find walking and cycling far easier to manage.
Funny you should say that, I find driving much easier to manage than walking or cycling! My enduring memory of the early mini with its then revolutionary front wheel drive was the way my friend would throw his into a corner at around 45 - 50 mph and emerge unscathed, whereas with anything else one would have finished upside down in a ditch.
Heh. I found that walking & cycling got easier and more relaxing the more I did them. A flashback: Being driven wildly up and down hills around Bristol by my dear Jewish friend in a rattly Moskvich with him leaning intently forward over the steering wheel like a fierce Cossack. I feared, among other things brake failure. But it did have a toolkit.
Alistair invests in Vanguard, so this isn't HIS pension pot he is talking about, more the great British unsophisticated investor in total.
? Vanguard offers lots of equity free and equity light products, so that doesn't really follow. Also, aftertiming and hindsight are wonderful things, but there's times when being "100% in balanced global equities" can leave you looking pretty silly.
I'm 80% in stocks, 20% in government bonds.
But people in their 60s will have their funds mostly in bonds. Which are stagnant as all fuck and have been for years.
My point is that it is unfair, arrogant and frankly silly to dismiss average investors as "unsophisticated" for not wanting to be all in equities. I appreciate it wasn't you saying that.
Crickey...sounds like they are really hitting it off.
I have to say I am surprised there wasn't more reporting on the fact the German's spied on people like BBC journos.
Of course one possible reaction to a spying service indignantly denying that it spied on X Y or Z is "well why the feck not, what do you think you are paid to do?" Trump is not reporting things which come as a shock and a surprise to him, merely disregarding the convention on talking about this stuff.
So Trump thinks that Germany has a trade deal with the US and that the UK spied on him for Obama. I wonder if even among the swivel-eyed Atlanticist right there is a dawning realisation that we are not going to bestriding the world with the US once we have left the EU.
Trump invited May before Merkel for a reason but as the new Mori makes clear we voted Leave to gain control of immigration not to stride around the world as the US mini me
Yep - May's rush to Washington DC to prostrate herself and her country at Donald Trump's feet looks increasingly foolish; as do her remarks about the US and the UK leading the world.
Her tougher stance on immigration though is what the public really want, her relationship with Trump is a side issue for most voters
For now.
Over 60% wanting immigration controls is pretty conclusive
For now.
If you think any government will get away with leaving free movement unchecked after the Brexit vote you have got your head in the sand
Why? There was no manifesto explaining what Brexit meant. It could as easily mean membership of the single market and free movement of people.
So Trump thinks that Germany has a trade deal with the US and that the UK spied on him for Obama. I wonder if even among the swivel-eyed Atlanticist right there is a dawning realisation that we are not going to bestriding the world with the US once we have left the EU.
Trump invited May before Merkel for a reason but as the new Mori makes clear we voted Leave to gain control of immigration not to stride around the world as the US mini me
Yep - May's rush to Washington DC to prostrate herself and her country at Donald Trump's feet looks increasingly foolish; as do her remarks about the US and the UK leading the world.
Her tougher stance on immigration though is what the public really want, her relationship with Trump is a side issue for most voters
For now.
Over 60% wanting immigration controls is pretty conclusive
For now.
If you think any government will get away with leaving free movement unchecked after the Brexit vote you have got your head in the sand
Why? There was no manifesto explaining what Brexit meant. It could as easily mean membership of the single market and free movement of people.
I blame the Sarah Beeny type shows that dominated TV schedules for a decade and a half.
"Mr and Mrs Smith bought the house for £100k, put a bit of plaster on the walls and now it's worth £200k, aren't they clever!?"
House prices historically have been a lot more volatile than people think - it has not been the case in recent decades that they have automatically been a good investment.
I always found it strange that a committed Marxist writes for the Investors Chronicle!
But aside from not straying into political point-making, his output there is actually very similar in tone and philosophy to his personal blog, http://stumblingandmumbling.typepad.com/
There are economics folk whose writing differs markedly between mediums - Paul Krugman's NYT polemical columns are not only miles apart in tone from his more measured textbooks, but often flatly contradict each other, with "finely balanced arguments" on both sides of an issue being reduced to "as any fule can see" when blogger-mode is engaged.
Dillow isn't one of them.
Somewhere or another (possibly TIm Worstall's blog) I've seen him give a spirited defence of Marx's Labour Theory of Value as a serious, practical tool for economic analysis, while explaining why his political philosophy was compatible (indeed, he thought useful) with his apparently capitalist day-job.
So Trump thinks that Germany has a trade deal with the US and that the UK spied on him for Obama. I wonder if even among the swivel-eyed Atlanticist right there is a dawning realisation that we are not going to bestriding the world with the US once we have left the EU.
Trump invited May before Merkel for a reason but as the new Mori makes clear we voted Leave to gain control of immigration not to stride around the world as the US mini me
Yep - May's rush to Washington DC to prostrate herself and her country at Donald Trump's feet looks increasingly foolish; as do her remarks about the US and the UK leading the world.
Her tougher stance on immigration though is what the public really want, her relationship with Trump is a side issue for most voters
For now.
Over 60% wanting immigration controls is pretty conclusive
For now.
If you think any government will get away with leaving free movement unchecked after the Brexit vote you have got your head in the sand
Why? There was no manifesto explaining what Brexit meant. It could as easily mean membership of the single market and free movement of people.
So Trump thinks that Germany has a trade deal with the US and that the UK spied on him for Obama. I wonder if even among the swivel-eyed Atlanticist right there is a dawning realisation that we are not going to bestriding the world with the US once we have left the EU.
Trump invited May before Merkel for a reason but as the new Mori makes clear we voted Leave to gain control of immigration not to stride around the world as the US mini me
Yep - May's rush to Washington DC to prostrate herself and her country at Donald Trump's feet looks increasingly foolish; as do her remarks about the US and the UK leading the world.
Her tougher stance on immigration though is what the public really want, her relationship with Trump is a side issue for most voters
For now.
Over 60% wanting immigration controls is pretty conclusive
For now.
If you think any government will get away with leaving free movement unchecked after the Brexit vote you have got your head in the sand
Why? There was no manifesto explaining what Brexit meant. It could as easily mean membership of the single market and free movement of people.
Their toddler, a girl, is now reportedly looked after by her 28-year-old grandmother while the teenage mother attends school.
28 year old grand mother?!!!!!
Most people in my family are grandparents between 30 and 35, so I don't regard 28 as particularly remarkable - though it's obviously sad. My nan was a great-grandma by her 40s.
I haven't managed to sprog yet. I'm obviously a late-comer.
Their toddler, a girl, is now reportedly looked after by her 28-year-old grandmother while the teenage mother attends school.
28 year old grand mother?!!!!!
Most people in my family are grandparents between 30 and 35, so I don't regard 28 as particularly remarkable - though it's obviously sad. My nan was a great-grandma by her 40s.
I haven't managed to sprog yet. I'm obviously a late-comer.
So Trump thinks that Germany has a trade deal with the US and that the UK spied on him for Obama. I wonder if even among the swivel-eyed Atlanticist right there is a dawning realisation that we are not going to bestriding the world with the US once we have left the EU.
Trump invited May before Merkel for a reason but as the new Mori makes clear we voted Leave to gain control of immigration not to stride around the world as the US mini me
Yep - May's rush to Washington DC to prostrate herself and her country at Donald Trump's feet looks increasingly foolish; as do her remarks about the US and the UK leading the world.
Her tougher stance on immigration though is what the public really want, her relationship with Trump is a side issue for most voters
For now.
Over 60% wanting immigration controls is pretty conclusive
For now.
If you think any government will get away with leaving free movement unchecked after the Brexit vote you have got your head in the sand
Why? There was no manifesto explaining what Brexit meant. It could as easily mean membership of the single market and free movement of people.
So Trump thinks that Germany has a trade deal with the US and that the UK spied on him for Obama. I wonder if even among the swivel-eyed Atlanticist right there is a dawning realisation that we are not going to bestriding the world with the US once we have left the EU.
Trump invited May before Merkel for a reason but as the new Mori makes clear we voted Leave to gain control of immigration not to stride around the world as the US mini me
Yep - May's rush to Washington DC to prostrate herself and her country at Donald Trump's feet looks increasingly foolish; as do her remarks about the US and the UK leading the world.
Her tougher stance on immigration though is what the public really want, her relationship with Trump is a side issue for most voters
For now.
Over 60% wanting immigration controls is pretty conclusive
For now.
If you think any government will get away with leaving free movement unchecked after the Brexit vote you have got your head in the sand
Why? There was no manifesto explaining what Brexit meant. It could as easily mean membership of the single market and free movement of people.
So Trump thinks that Germany has a trade deal with the US and that the UK spied on him for Obama. I wonder if even among the swivel-eyed Atlanticist right there is a dawning realisation that we are not going to bestriding the world with the US once we have left the EU.
Trump invited May before Merkel for a reason but as the new Mori makes clear we voted Leave to gain control of immigration not to stride around the world as the US mini me
Yep - May's rush to Washington DC to prostrate herself and her country at Donald Trump's feet looks increasingly foolish; as do her remarks about the US and the UK leading the world.
Her tougher stance on immigration though is what the public really want, her relationship with Trump is a side issue for most voters
For now.
Over 60% wanting immigration controls is pretty conclusive
For now.
If you think any government will get away with leaving free movement unchecked after the Brexit vote you have got your head in the sand
Why? There was no manifesto explaining what Brexit meant. It could as easily mean membership of the single market and free movement of people.
So Trump thinks that Germany has a trade deal with the US and that the UK spied on him for Obama. I wonder if even among the swivel-eyed Atlanticist right there is a dawning realisation that we are not going to bestriding the world with the US once we have left the EU.
Trump invited May before Merkel for a reason but as the new Mori makes clear we voted Leave to gain control of immigration not to stride around the world as the US mini me
Yep - May's rush to Washington DC to prostrate herself and her country at Donald Trump's feet looks increasingly foolish; as do her remarks about the US and the UK leading the world.
Her tougher stance on immigration though is what the public really want, her relationship with Trump is a side issue for most voters
For now.
Over 60% wanting immigration controls is pretty conclusive
For now.
If you think any government will get away with leaving free movement unchecked after the Brexit vote you have got your head in the sand
Why? There was no manifesto explaining what Brexit meant. It could as easily mean membership of the single market and free movement of people.
Is your tongue going to be permanently blocked up GO's back entrance ?is there something that GO could do to flip you to at least critiquing him in a rational way?
Next 1922 committee meeting will be interesting. Will Osborne be invited ?
It would be very brave for the Tories to excommunicate Osborne in parliament. He would quickly become a figure around whom centrist opposition would coalesce.
A problem for the Standard is that it will be difficult to do their usual "we will ponder and weigh up" thing about any elections in London - the Mayoral issue is settled for a while, butg borough elections are coming. Ozzy's colleeagues will jump on him if the paper is anything less than slavishly supportive of the Tories. But being slavishly Tory in inner London (which is where most people pick it up) is not going to go down well with readers.
Oh how the Remoaners cheered Merkel for 'wisely biding her time' (truth, Trump didn't return her calls) while May 'blundered' in Washington:
The moment passed and its embarrassment washed over the chancellor’s face. This was a man who, after all, held hands with Theresa May – the messenger of Brexit. Merkel, the embodiment of European unity, could not even get a perfunctory shake.....
Trump smiled broadly; Merkel did not. She remained stony-faced to that and his jibes about trade and defence.
Well, I’m glad that’s over and we can all get on with our lives, undisturbed by the prospect of a two-year campaign leading to indyRef2.
Launched on Monday, sunk on Thursday – a mercifully short voyage.
Nicola Sturgeon’s unlikely success in allowing a Tory Prime Minister to speak for the great Scottish majority – who did not want to kick off another referendum, 30 months after the last one – is unlikely to be looked back on as her finest hour.
Well, I’m glad that’s over and we can all get on with our lives, undisturbed by the prospect of a two-year campaign leading to indyRef2.
Launched on Monday, sunk on Thursday – a mercifully short voyage.
Nicola Sturgeon’s unlikely success in allowing a Tory Prime Minister to speak for the great Scottish majority – who did not want to kick off another referendum, 30 months after the last one – is unlikely to be looked back on as her finest hour.
Next 1922 committee meeting will be interesting. Will Osborne be invited ?
It would be very brave for the Tories to excommunicate Osborne in parliament. He would quickly become a figure around whom centrist opposition would coalesce.
A problem for the Standard is that it will be difficult to do their usual "we will ponder and weigh up" thing about any elections in London - the Mayoral issue is settled for a while, butg borough elections are coming. Ozzy's colleeagues will jump on him if the paper is anything less than slavishly supportive of the Tories. But being slavishly Tory in inner London (which is where most people pick it up) is not going to go down well with readers.
What is it at the moment? A candid friend? I've always thought that it's on the right. It is strange in a way that the only London paper is on the right. If newspapers weren't in terminal decline there might be a gap in the market.
Comments
https://www.thesun.co.uk/sport/football/3107295/ngolo-kante-chelsea-car-mini/
Vanguard offers lots of equity free and equity light products, so that doesn't really follow. Also, aftertiming and hindsight are wonderful things, but there's times when being "100% in balanced global equities" can leave you looking pretty silly.
Politicians want to be elected = bribe key voting demographic
I find walking and cycling far easier to manage.
My friend and I could lift it up to put it on a support so we could change a wheel.
My enduring memory of the early mini with its then revolutionary front wheel drive was the way my friend would throw his into a corner at around 45 - 50 mph and emerge unscathed, whereas with anything else one would have finished upside down in a ditch.
Feeling silly, and about as far off topic as I can imagine being, here's a rerun of the Troll pix:
http://tinyurl.com/k7plwqc
https://order-order.com/2017/03/17/labour-report-osborne-to-cabinet-office/
https://www.theguardian.com/commentisfree/2017/mar/17/george-osborne-editor-substance-london-evening-standard
HANDSHAKE...HANDSHAKE....COME HANDSHAKE FOR THE CAMERA....
But people in their 60s will have their funds mostly in bonds. Which are stagnant as all fuck and have been for years.
A flashback:
Being driven wildly up and down hills around Bristol by my dear Jewish friend in a rattly Moskvich with him leaning intently forward over the steering wheel like a fierce Cossack. I feared, among other things brake failure. But it did have a toolkit.
http://www.bbc.co.uk/news/world-us-canada-39310801
Crickey...sounds like they are really hitting it off.
I have to say I am surprised there wasn't more reporting on the fact the German's spied on people like BBC journos.
http://auctions.lyonandturnbull.com/auction-lot-detail/JAMES-ALICK-RIDDEL-(SCOTTISH-1857-1928)-THE-TURNIP-HARVEST-3/487++++++153+/++215571
28 year old grand mother?!!!!!
I always found it strange that a committed Marxist writes for the Investors Chronicle!
But aside from not straying into political point-making, his output there is actually very similar in tone and philosophy to his personal blog, http://stumblingandmumbling.typepad.com/
There are economics folk whose writing differs markedly between mediums - Paul Krugman's NYT polemical columns are not only miles apart in tone from his more measured textbooks, but often flatly contradict each other, with "finely balanced arguments" on both sides of an issue being reduced to "as any fule can see" when blogger-mode is engaged.
Dillow isn't one of them.
Somewhere or another (possibly TIm Worstall's blog) I've seen him give a spirited defence of Marx's Labour Theory of Value as a serious, practical tool for economic analysis, while explaining why his political philosophy was compatible (indeed, he thought useful) with his apparently capitalist day-job.
I haven't managed to sprog yet. I'm obviously a late-comer.
The moment passed and its embarrassment washed over the chancellor’s face. This was a man who, after all, held hands with Theresa May – the messenger of Brexit. Merkel, the embodiment of European unity, could not even get a perfunctory shake.....
Trump smiled broadly; Merkel did not. She remained stony-faced to that and his jibes about trade and defence.
https://www.theguardian.com/world/2017/mar/17/angela-merkel-donald-trump-sketch
Well, I’m glad that’s over and we can all get on with our lives, undisturbed by the prospect of a two-year campaign leading to indyRef2.
Launched on Monday, sunk on Thursday – a mercifully short voyage.
Nicola Sturgeon’s unlikely success in allowing a Tory Prime Minister to speak for the great Scottish majority – who did not want to kick off another referendum, 30 months after the last one – is unlikely to be looked back on as her finest hour.
http://www.scotsman.com/news/opinion/brian-wilson-thank-goodness-the-four-day-war-is-over-1-4394217/amp