euan2020

I was going to recommend Echt - like that area - used to go there to visit Aunt every summer as kid - have heaps of cousins, and 2nd cousins that side

guys laying down was a thing around 5-10 years back - seen it afew times

Now @ 92% growth since 2016 with no contributions - SMT up 150% since Feb 19, although think it was 180% @ 1 stage Tipping point of being tired of work, and retiring at 53/55 so can enjoy leisure while young enough - americans at work want to work until 67

not really in Covid times when no crowds to supplement income Forrester 200K + wages Ojo 150K McRorie 350K Ferguson 200K Craig Bryson wages Stephen Gleeson wages off top of head cash spent

Don't think that is true - South Africa have double the registered players England has 650,000 versus 138,000 Don't see any non South Africans (Apart from Beast from Zim), but plenty South Africans playing for other nations https://en.wikipedia.org/wiki/List_of_rugby_union_playing_countries

I had some idiot hit me on roundabout, by them turning right on the outside lane (big 30-50 metre diameter roundabout ) - dangerous driving, and their insurance company said their defence was, they were in roundabout 1st (which they weren't ) - Driving 101 - Inside lane to turn right - so their insurance would not pay out - still thinking to take to civil court on principle

what is strange is if you go into the fund doc - the risk rating is 3 - says GBP 4.5B under management but none of the L&G Future Funds i looked at were greater than 280M - size of the fund surprised me compared to other ones i am familiar with. https://www.pensionbee.com/resources/future-world.pdf I think their platform fees look high unless the Fund OCF/AMC is included - Typically L&G seem to be 0.5-0.66%, and nothing about volume discounts, so think PB are pocketting the 0.95%

what i read is that Pension Bee bakes in the AMC inside their fee of 0.5%-1.0% so that might explain why you see a refund coming through from Aegon -so on a nett basis should not be above 1% - Pension Bee say they charge a fee and share this with the fund which i thought meant cover the AMC - then again those might be weasly words, and you are paying the fund AMC + an additional fee to them - look up the GB reference, and you will find typical fees ie http://tools.morningstar.co.uk/uk/cefreport/default.aspx?SecurityToken=E0GBR00R1S]2]0]FCGBR$$ALL https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F00000LK2L https://www.pensionbee.com/fees PensionBee only makes money once your pension is invested and you begin paying our annual management fee of between 0.50% and 0.95%, depending on the plan you choose. We'll automatically deduct your annual fee from your pension and split it with your money manager which could be Legal & General, BlackRock, State Street Global Advisors or HSBC. Platform fees can be 0.35%-0.85% from likes of Hargreaves Lansdown which i think is high - Interactive Investor seems more interesting with fee only https://www.ii.co.uk/acq/see-the-light Some of the funds may charge less when through certain platform providers, than what they sell direct to retail - so guess you need to be sure on that - although i have seen pay more through platform providers who told me they received "best rates"

does Pension Bee bundle in the Management Fee's from the individual fund inside their fee ? never seen that before - i was going to say their fee's of 0.5%-1% looked high until seen that - either/or - options on funds look low - interactive investor have very low SIP fee's

You will need an Adviser as i understand to sign off, that it is the correct action to exit from a a Final Salary Pension (which they might not do ) and i don't think is possible if from a state employed final salary scheme , think it is around GBP 1,000 but i did not pay this cos Financial Consultants paid it out of their commission I think they are few and far between - Gerard Associates in Bristol was who my financial consultants used I'm not sure if you have to have further advice on investment platform/investment choices etc - coming out of a defined benefit, you could lose a lot of value quickly if you make wrong choices - my Final Salary pension was only 20% of my Pensions so was happy to take the gamble, and now grew it 80% versus the 8% RPI growth it would have had - that could be another 1%, but I really pay no attention - busy trying to fight investment platform introducing new charges on me

Only observation is take a look at what funds those pensions are invested in - possible they are all skewed in favour of UK, because our bias is to invest in something we know - FTSE has not done much in last 5 years if compared to US Market - I believe this is because there are very few Biotechs in FTSE100 compared to other markets & problem with some private pensions is limitation of choice of funds versus as example if someone has a SIPP likely has choice of 8,000 + Once you leave an employer some funds charge larger management fees, than those agreed for employees

not necessarily - ok and it maybe a bit dramatic - but in some overseas jurisdictions - pensions on money earned abroad are not taxable or not taxable for 1st 5-10 years of residence - which is then kind of giving an extra 20% boos to Pension Portugal/Spain/South Africa type thing - I have apartment in South Africa having lived there 8 years

Pension now up 15% since June & 80% (no contributions ) since switch in 2016 Scottish Mortgage Trust is up 120% since Feb 19 - Mainly driven by Tesla where they have/ad GBP 1 Billion invested Seem to spend more time reviewing as i get more tired of work - turned 50 few months back

Simples - Financial Doping

Joe Miller Aberdeen/Celtic - had expectations of him being superstar at 17

Big Clubs can - But what about Rangers ? https://www.statista.com/statistics/271581/revenue-of-soccer-clubs-worldwide/#:~:text=During the 2018%2F2019 season,generating approximately 840.8 million euros.

modern businesses run on cash flow many a profitable business with paper profits, have went into liquidation due to lack of cashflow generally share prices are based on cashflow turnover means nothing without profit, because you are tying up capital that could be invested elsewhere, and there is a cost of capital associated with that investment currently football teams get away with the cashflow thing, by having loans from directors which are converted to equity, but from a business point of view they are not well run - that and that banks really have to roll over current facilities or else what else are they going to do

was double lucky - 96-97 was 1st away campaign started going to - so got tickets for all 3 + voucher for next round for France 98

OK this is out of date https://www.scottishfa.co.uk/scotland/supporters-tickets/scotland-supporters-club-membership/ssc-loyalty-points/ But was 19K at that date + seen something about 5K added to membership in late 2019 (ok it is up to date as of Feb 20) 19K it is

point for each year of seniority would be good of membership 😉 preference should be given to folk who travel (not thousands upon thousands anyway ) I reckon its in the 25-30K mark - think highwater mark was 40K - i just keep paying my subs as some form of contribution

what is membership level nowadays ? i was lucky joined 95, no prior points, and got tickets for all 3 games in Euro 96 - guess i should celebrate 25 Year Centenary

fecking beaut - slush fund for tickets to be used now

feck - the whole street here is full of them with their posters up - even the Nigerian lad from work is a Trumper

ish - i sometimes get out of bed for conference calls 1 min before call - or even take the call on Teams on cell phone + have slept in Or quite the opposite - people have started to book you for 6am conference calls - I get 6am, and 6/7 pm conference calls on same day - This week i had couple of 6 and 6.30 so made purpose not to start work on Friday until 9

thinking about Peru - Can do flights from Houston/Dallas t LIma for $350/$180