Perfect example of how not handle the onset of new technology.
Burry your head in the sand and then prey that the government will come to your rescue. Sounds a bit like the banks the other year. Let 1 big bank go to the wall and then save the others.

dorsetfreelander wrote:

Remember, as the accountants say, it's the bottom line that counts.

I have been investing for over 40 years and have been through the '87 crash, early 90's problems, the 2000 dot.com boom and bust, 2007 financial crisis and even the recent spring 2018 "correction" etc and found that if you buy good companies and funds and hold your nerve and buy in the bad times when the Joe Public is selling then you can do well. If you regard the stock market as a gambling Casino then that's a totally different issue. I never advise anyone on what to invest in and I don't use or trust a financial advisor. Do your own research and always be in a position where you can afford to lose money. I am currently fully invested and my wife and I don't have anything in cash apart from a few £k in a current account. 3 x FL1 2 manual + 1 auto
5 x FL2 4 manual + 1 auto
Now Discovery Sport P250 MHEV SE

I bought my first property in 1989 at the absolute top end of the interest rates, my mortgage was 17%. It was a 15 year loan, tried to do 10 years but just could not do it. Interest rates did not come down quickly either, & when they eventually came down to what was considered a reasonable level at the time, at around 10% level for the remainder of the loan. We lived off bread & water for years. At the end of the day we learned how to save money & it is was the best thing we did. I have not "needed" to work for years. Mind you I work harder these days doing non work things!

It is easier to save a dollar than earn a dollar! Procrastination, mankind's greatest labour saving device!

Acoustic insulation ARB TPMS 3xARB air compressors After cooler Air tank On-board OCD pressure air/water cleaning Additional 50L fuel Carpet in doors ABE 2x1kg Waeco 28L modified fridge Battery 4x26ah Solar 120w Victron MPPT 100/20 DC-DC 18amps 175amp jumper plug Awning 6x255/60R18

Last edited by Lightwater on 19th Apr 2018 9:31 pm. Edited 1 time in total

I have found that the best job is being a pensioner - guaranteed income for life, no boss to hassle you, work when you like etc. Only problem is that you don't get time off or paid holidays  3 x FL1 2 manual + 1 auto
5 x FL2 4 manual + 1 auto
Now Discovery Sport P250 MHEV SE

Unfortunately we now have too many assets will not be able to get the pension under the new scheme in Australia. But you can't live off the pension here anyway! Procrastination, mankind's greatest labour saving device!

Acoustic insulation ARB TPMS 3xARB air compressors After cooler Air tank On-board OCD pressure air/water cleaning Additional 50L fuel Carpet in doors ABE 2x1kg Waeco 28L modified fridge Battery 4x26ah Solar 120w Victron MPPT 100/20 DC-DC 18amps 175amp jumper plug Awning 6x255/60R18

No pockets in shrouds guys, who are amassing the money for ? Don’t say family as my son spends money he does not have now.  FL2 MY10 TD4 GS traded in at 2 years
FL2 MY13 TD4 GS Current

Well there was the story of the guy that specified in his will that he wanted to take all his money with him when he died so the family put a cheque in his coffin with him.  3 x FL1 2 manual + 1 auto
5 x FL2 4 manual + 1 auto
Now Discovery Sport P250 MHEV SE

I always remember a model train club meeting a long time ago. One night we were all sitting around talking like a bunch of girls! (probably more often than not) There were 14 of us, every single person had ignored their accountant's advice & got rid of all their debt as soon as they could. Some like me were still working off their mortgages.

The overall outcome off this discussion is that we were all very happy getting rid of borrowed money or were on a path to get rid of it at the soonest possible opportunity.

Live like a pauper when young & get rid of debt, then live like a prince, or king if you are fortunate & have early retirement! Procrastination, mankind's greatest labour saving device!

Acoustic insulation ARB TPMS 3xARB air compressors After cooler Air tank On-board OCD pressure air/water cleaning Additional 50L fuel Carpet in doors ABE 2x1kg Waeco 28L modified fridge Battery 4x26ah Solar 120w Victron MPPT 100/20 DC-DC 18amps 175amp jumper plug Awning 6x255/60R18

And always travel first class otherwise your children will do so with your inheritance. 3 x FL1 2 manual + 1 auto
5 x FL2 4 manual + 1 auto
Now Discovery Sport P250 MHEV SE

Better still, different planes. I was in England with my sister, niece & nephew. I flew business class with Emirates & they went economy with Qantas, flights were at the same time! My niece was pretty impressed with the business class lounge & she was a bit sad that she had to go cattle class! Procrastination, mankind's greatest labour saving device!

Acoustic insulation ARB TPMS 3xARB air compressors After cooler Air tank On-board OCD pressure air/water cleaning Additional 50L fuel Carpet in doors ABE 2x1kg Waeco 28L modified fridge Battery 4x26ah Solar 120w Victron MPPT 100/20 DC-DC 18amps 175amp jumper plug Awning 6x255/60R18

for business reasons and at these interest rates debt is good, if your business doesnt turn enough profit to pay interest on debts then its probably not viable. At work
At home

"I can't always believe facts I read on the web" - Charles Dickens

winner by default of the tractor vs caravan race

dorsetfreelander wrote:

And always travel first class otherwise your children will do so with your inheritance.

Exactly, but the time I travelled first class flying back long haul from New Zealand the food was just one more course than in BC otherwise the same meal.

A lot of dosh for an extra plate of food  FL2 MY10 TD4 GS traded in at 2 years
FL2 MY13 TD4 GS Current

http://www.bbc.co.uk/news/business-43841922

Looks as if Nissan is the latest car maker to feel the lack of diesel sales. FL2 XS SD4 Auto 2010 2012-2017 (21k - 91k miles) (MY2011)
FL2 Metropolis SD4 Auto 2014 2017- (16k - 77k+ miles) (MY2015)
Metro in its 11th Year of (Extended) LR Warranty / Full LR Service History
(Expensive, but Trouble/Worry free - hopefully?)

shilen wrote:

I always lease my vehicles, it may seem expensive to some but I have always found the cost over 3 years to be comparable with the depreciation over the same period. I leased 2 FL2's but when it was time to change I got a quote for a Dynamic and fell off my chair - LR had seriously upped the prices and for a lot less I managed to get my first X3 full loaded and have never looked back.