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KDave

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About KDave

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  1. A report every 30 minutes today can be upgraded to a report every second tomorrow why can it not? The power company owns the infrastructure, government controls legislation it wouldn't take much to get to where sixgun is pointing. Imagine saying "it's OK the rounds are still in the magazine, stick to the facts" about a weapon that a moment later kills you.
  2. Well it's a bit chicken and egg because I can correctly say rights are also only in the minds/belief/actions of others. You can claim a right, but it takes another to honour it for it to become real. Otherwise the result will be the same as it having never existed. It is reciprocal - we must all agree or it doesn't work. Societies 'values' in the UK change quite drastically depending which group you ask. Think of examples where human rights were violated in the UK because a belief system justified the treatment for that specific group. This is the problem, fractured groups with very different belief structures do not honour each others rights because they are not responsible for one another. The relationship is predatory. For rights to exist everyone must trust that others will honour them, and trust requires shared values and reciprocal relationships, fair trades - not predatory or exploitative activity that develops from multiple competing groups with vastly different belief structures.
  3. Yes good points, my perspective is a house to live in isn't an investment it's servicing the need for shelter primarily, any capital gain is offset by the continued need for shelter. Comparably someone paying down a mortgage is reducing the cost of shelter significantly once the mortgage is paid off and then has something of value to sell worst case, where as the renter is not reducing shelter costs or gaining anything from the expenditure. For me buying makes sense because renting costs more and buying is primarily about reducing the cost of shelter to the point I can retire. I see for you it makes sense because it's more expensive to buy/maintain than rent and the difference in saving by renting can be put to work and compound. For my end of the market it's the other way around, I think because of job insecurity, moving for work and perhaps because for lower income folk, saving even a small deposit is difficult so people are forced to rent at the higher price, they have no choice, rental demand for family homes is high.
  4. Rent for 25 years at 3K a month after 25 years you don't have 380K, you have nowt. The man paying off a house in 25 years has a house, renter then has to arrange cash flow for the rest of their life or cough up 760k by your doubling calculations, while the house owner has significantly reduced shelter costs and a house worth 760K. Our situations are so different perhaps not comparable? In my world 800 rent vs 650 mortgage it doesn't add up to rent even if I have to spend 150 a month on maintaining the place, which I don't. I assume on 1.5 million house the maintenance is a lot higher?
  5. OK let's compound throwing 3K a month away for life against 3K a month for 25 years without overpayment, see what the math says. Like I say it's different this end of the scale, house ownership is a necessary part of retirement planning, if you are renting at 60 you are going to be needing multiples higher cash flow to an owner. I can't think of what is capable of generating cash flow to the same risk as a paid off house.
  6. At the other end of the scale it's different, rent can be 800 a month for a house that would cost 650 a month capital repayment mortgage 20% down. It doesn't really make sense to rent when the math is that way around. Factor in the longer term, why rent for your entire life when you can reduce shelter cost to negligible over a couple of decades. What are you missing, 10 years of compounding in exchange for much higher cash flow in later part of working life.
  7. People forget that their rights are someone else's responsibility to uphold, and vice versa, a product of a high trust society. This has been eroded as a result of the social and cultural changes over past few decades and I don't think it's coming back, the direction of the trend is pretty clear to anyone with their eyes open.
  8. No unfortunately they both work for a living to keep the kids housed and fed. I am in the same position though my wife is part time and we do a bit of 'unschooling' every now and again. We also pay taxes by the way, that should be going into paying for the kids education instead of brainwashing but there you go.
  9. Good work. We only had ours for just over a year, the govt. handout/bonus paid the solicitors fees and a little bit of the stamp duty. You won't need to worry about stamp duty now though unless buying a big un.
  10. Cost in time and money and it's not easy to provide the otherwise high quality education.
  11. Agreed I think he means open one and stay in cash for the 3 years as the safe option. I did this with help to buy isa's, opened two one for me one for the wife and maxed out the cash savings using that. Then put other savings into other assets outside of the htb isa (now the Lisa) in gold and stocks. At least I don't know if you can open help to buy isa anymore, I assume the lisa has replaced it?
  12. The means to produce credit arguably has value, but still the currency generated as credit does not have any value. The relative stability of the number of currency units has value, but only for its use as a measuring stick against actual goods, services, time. The need to pay taxes in currency also does not make currency valuable - currency is only the means to exchange the value of a portion of your time/effort/sales/goods/ to the government as efficiently as possible. Your time is the value. Your goods sold are the value. Your effort and innovation is the value - a portion exchanged into government spending on services or goods (welfare usually) - other value - via currency. Currency is extremely efficient at the transfer of value, but it is not valuable in itself. As HH keeps saying there is nothing inherently valuable about currency. The problem is people who use currency. They measure items of exchange in terms of currency, they value their time in terms of currency, most people can recite the price of many many items in their currency. It is not the fault of currency that the end result is people incorrectly associating currency with value. The means that government takes its taxes is the same measure that they steal from people who save in currency - why are they saving in currency is the question to ask. Don't they know its worthless?
  13. I agree with the muslims on this one. Imagine if I as a white christian tried to stand up to the lunacy like the muslims have, I would be all over the media painted as a Nazi, out of a job and my kids taken off me no doubt.
  14. Its disgusting. My friend has two girls in all girls grammar school, the 12 year old was 'educated' about same sex relationships, bi-sexual relationships, all that jazz - she came home and asked my friend (her mother) what do you call it when a man and woman like each other? They had taught them everything except heterosexual relationships. Within a week 3 of the girls in her class were saying they were lesbians, one said she was bi-sexual. THEY ARE 12 YEARS OLD THEY SHOULDN'T BE ANYTHING SEXUAL FFS. This is not education it is ideological brainwashing of children, abuse, utterly wrong. It needs to be stopped. As for war we are already at war with France, the scallop wars;