mozza Posted November 1, 2015 Share Posted November 1, 2015 1 hour ago, TigerTedd said: I recently had some renovation work done on my offices. Plasterers, builders, joiners etc. We're getting a £200-£300 for half a days work! heres me renovating the office to make a new business where, if I'm lucky, I'll make £200-£300 a week. What the hell am I doing, I need to get me to a texhnical college quick. is that a team of contractors at that price , or each individual wage , i'm lucky to get £120 per day as a joiner , think i'll up my rate .. Link to comment Share on other sites More sharing options...
LesterRam Posted November 1, 2015 Author Share Posted November 1, 2015 Try polish builders, £50 a day,play the game 1 hour ago, TigerTedd said: I recently had some renovation work done on my offices. Plasterers, builders, joiners etc. We're getting a £200-£300 for half a days work! heres me renovating the office to make a new business where, if I'm lucky, I'll make £200-£300 a week. What the hell am I doing, I need to get me to a texhnical college quick. Link to comment Share on other sites More sharing options...
sage Posted November 1, 2015 Share Posted November 1, 2015 Our two main problems are... Our short term view of investment means our manufacturing base is virtually non-existent and... We haven't built enough houses to enable people to enter the housing market in over half the country Everything else is candyfloss Link to comment Share on other sites More sharing options...
TigerTedd Posted November 1, 2015 Share Posted November 1, 2015 4 hours ago, mozza said: is that a team of contractors at that price , or each individual wage , i'm lucky to get £120 per day as a joiner , think i'll up my rate .. I think I may have been ripped off slightly. A builder spending half a day fitting a lock, a door closer and building a wooden box charged me £300. Should've got a joiner to do it, but the one I knew wasn't available. i thought the joiner was quite reasonable, but even he got £140 for fitting a door, which took about 2 hours (about £70 after materials). That's a better rate than I've ever earned, and I don't think you have to be a joiner of a Jesus type quality to fit a door. Point is, become a tradesman, you'll probably do okay. I did an apprenticeship in IT 12 years ago. My 6 year old girl now knows as much about computers as I learned on that apprenticeship. IT apprenticeships are mainly a waste of time, because it's all literally child's play in 10 years time. Link to comment Share on other sites More sharing options...
LesterRam Posted November 1, 2015 Author Share Posted November 1, 2015 Why become a tradesman, i don't understand the logic, so i can get a polish builder to lay 1000 in a day and pay him £50, so when your kid has spent 3 years doing his city and guilds at the local tech his daily rate will be £30 per day when qualified, simple economics. 15 minutes ago, TigerTedd said: I think I may have been ripped off slightly. A builder spending half a day fitting a lock, a door closer and building a wooden box charged me £300. Should've got a joiner to do it, but the one I knew wasn't available. i thought the joiner was quite reasonable, but even he got £140 for fitting a door, which took about 2 hours (about £70 after materials). That's a better rate than I've ever earned, and I don't think you have to be a joiner of a Jesus type quality to fit a door. Point is, become a tradesman, you'll probably do okay. I did an apprenticeship in IT 12 years ago. My 6 year old girl now knows as much about computers as I learned on that apprenticeship. IT apprenticeships are mainly a waste of time, because it's all literally child's play in 10 years time. 4 hours ago, sage said: Our two main problems are... Our short term view of investment means our manufacturing base is virtually non-existent and... We haven't built enough houses to enable people to enter the housing market in over half the country Everything else is candyfloss What if i have just walked into the country ? 5 hours ago, ValeRam said: Its not double taxation. Your pension contributions are tax free (i.e. no tax is generated on the income used to pay into a pension) By contributing to a pension fund in effect all you are doing is deferring paying tax until you draw your pension after retirement Link to comment Share on other sites More sharing options...
Rev Posted November 1, 2015 Share Posted November 1, 2015 46 minutes ago, TigerTedd said: That's a better rate than I've ever earned, and I don't think you have to be a joiner of a Jesus type quality to fit a door. Can't agree with this, having attempted it several times over the last 20 yrs, I believe there's some kind of supernatural ability behind door hanging! Link to comment Share on other sites More sharing options...
TigerTedd Posted November 1, 2015 Share Posted November 1, 2015 1 hour ago, reveldevil said: Can't agree with this, having attempted it several times over the last 20 yrs, I believe there's some kind of supernatural ability behind door hanging! Maybe every joiner has a bit of Jesus in them! Link to comment Share on other sites More sharing options...
Animal is a Ram Posted November 2, 2015 Share Posted November 2, 2015 18 hours ago, TigerTedd said: I think I may have been ripped off slightly. A builder spending half a day fitting a lock, a door closer and building a wooden box charged me £300. Should've got a joiner to do it, but the one I knew wasn't available. i thought the joiner was quite reasonable, but even he got £140 for fitting a door, which took about 2 hours (about £70 after materials). That's a better rate than I've ever earned, and I don't think you have to be a joiner of a Jesus type quality to fit a door. Point is, become a tradesman, you'll probably do okay. I did an apprenticeship in IT 12 years ago. My 6 year old girl now knows as much about computers as I learned on that apprenticeship. IT apprenticeships are mainly a waste of time, because it's all literally child's play in 10 years time. My apprenticeship was a waste of time. I knew it all before I'd even started - but as I had no recognised qualification (my teachers suggested a now useless diploma instead of GCSE IT) - it has given me the comfortable job I have now, and my boss is now funding a degree course with the OU. That said, the work I do is specialised, we are the only UK support and reseller of the software in my job. Link to comment Share on other sites More sharing options...
mozza Posted November 2, 2015 Share Posted November 2, 2015 18 hours ago, reveldevil said: Can't agree with this, having attempted it several times over the last 20 yrs, I believe there's some kind of supernatural ability behind door hanging! i've had numerous phonecalls in the past 40 odd years asking me to hang doors , a few of these calls have stated ''There are 10 doors to hang , although 1 of those 10 has been attempted by my husband , it may be salvageable , but if not i will replace the 10th door'' Not as easy as it looks.. Link to comment Share on other sites More sharing options...
LesterRam Posted November 19, 2015 Author Share Posted November 19, 2015 http://www.bbc.co.uk/news/business-34858997 (don't worry Eddie is not the daily mail) Young people are on track to be poorer than their parents at every stage of their lives, according to a new report. The study, by the Institute for Fiscal Studies (IFS), added that households actually grew richer during the financial crisis. But it said that the reason for the growth between 2006-12 was the increase in pension values over the period. And the slow rate of growth in overall wealth suggested that young people would lag behind earlier generations. Dave Innes, a research economist at the IFS and an author of the report said: "Despite the financial crisis, household wealth on average increased in real terms over the late 2000s, driven by increases in private pension entitlements." Households aged between 45-54 saw the biggest increases in their pension wealth which rose on average by £38,000 over the period. Mr Innes added: "Even with these increases in average wealth, working-age households are at risk of being less wealthy at each age than those born a decade earlier." Vast range The report added that the range of experiences among the study group was vast - for example, a quarter of households aged 45-54 saw wealth fall by more than £69,000, while a quarter say their wealth increased by more than £138,000. The study also looked at people's attitude towards saving and pensions. 30% of individuals reported saving for an unexpected expense, 23% reported saving for holidays or leisure, 15% for planned expenses, 10% for other people and only 10% to provide a retirement income. Among households aged 25-34, nearly one-quarter (24%) did not expect to receive any income from the state pension in retirement. However, one third expected it would be their largest source of income after retirement. Despite new legislation that automatically enrols workers into workplace pension schemes, nearly half (44%) did not expect to receive any income from a private pension. Rowena Crawford, a Senior Research Economist at the IFS and another author of the report, said: "It is striking how many individuals do not expect private pensions to have a role in financing their retirement, let alone be their main source of income." "It will be interesting to see how these attitudes change as auto enrolment into workplace pensions is rolled out." Link to comment Share on other sites More sharing options...
Ovis aries Posted November 19, 2015 Share Posted November 19, 2015 On 28/10/2015 19:04:09, SillyBilly said: It is a lost generation. And there are some unpalatable facts that aren't being put to the electorate: The incredibly generous pensions a significant number of boomers are receiving - they weren't earned. They are all in deficit (almost £2 trillion in private pensions) and as such what is taking place now is a mind boggling cash transfer from the young to the retired. It all has to be paid for, who do they think are paying the pensions, their contributions? Political suicide to touch pensioners ("triple lock guarantee"), the young don't vote and consequently they have surrendered the right to protest about working longer for less to support those who retired sooner for more. Simple facts - society never has been able to afford to pay people to retire for 30-40 years when they've only worked for 30-40 years. The young will find that out. Governments have made social promises they can't keep - clever accounting to show the U.K's debt at £1.5 trillion doesn't negate the fact if you throw in unfunded liabilities then its at least £5.5 trillion. People seem to think this can go on forever, they'll be in for a nasty surprise when they find out that the rest of the world won't continue to accept our IOUs in worthless currency anymore. The West has had a free ride since 1980 increasing its living standards off the back of the developing world, flogging its debt and inflating away its liabilities...and in the last and critical phase of this cycle likely defaulting (next step). Who is gullible enough to believe this can go on for another 40 years when its bloody obvious China, India and Asia are the future. Europe is too busy passing legislation on curved bananas to notice that its a declining power. I'm sorry to say, if you aren't skilled and mobile and you are living in the West then the next half a century is going to be difficult - living standards will go down in this part of the world, not up. Change happens, the trends are set in motion and once set in, rarely reverse. As I've mentioned in the finance thread, as the West's finances continue to spiral out of control, interest rates have been forced down to buy time and convince themselves and the electorate the aforementioned isn't happening. So at a time when most people acquire assets (when they're young), they are taking on huge debts off the back of superficial monetary policy. At just the wrong time. They are buying pumped up assets with less secure employment at record low interest rates. Historically it has always ended badly! Interest rates will rise and when they do they will rise violently by a market shock. Not 0.25% increases by the BoE in some controlled phased lift off - yeah likely, who believes that! Nothing in the markets happens gradually, it could be a bond crisis when people dump their bonds and government in desperation has to start offering higher rates to get buyers. The young are as much victims of current circumstance but on the debt front its looking bad for them I'm afraid. All at a time when globalism, natural shifts in global economics and automation are going to shake up the jobs market like never seen above. I'm alright though Jack so all is good . Utter fu cking drivel Link to comment Share on other sites More sharing options...
Shang Posted November 19, 2015 Share Posted November 19, 2015 6 minutes ago, Ovis aries said: Utter fu cking drivel Pretty much every economist is saying the exact same thing as SillyBilly. http://www.theguardian.com/commentisfree/2015/oct/24/young-bear-burden-of-pensioner-prosperity http://www.theguardian.com/money/2015/oct/26/most-workers-worse-off-retirement-new-universal-state-pension http://www.theguardian.com/money/2015/oct/20/pensions-state-scrap-triple-lock-protect-paul-johnson-ifs http://www.bbc.co.uk/news/business-34735936 The young are paying for the protected, inflated state pensions of the boomer generation who could put money into their pension AND save AND buy houses for reasonable amounts, yet aren't given the wages/jobs to pay to top up their own state pensions OR save to buy a house. The triple lock NEEDS to end. For the sake of future generations. Link to comment Share on other sites More sharing options...
Ovis aries Posted November 19, 2015 Share Posted November 19, 2015 2 minutes ago, Shang said: Pretty much every economist is saying the exact same thing as SillyBilly. http://www.theguardian.com/commentisfree/2015/oct/24/young-bear-burden-of-pensioner-prosperity http://www.theguardian.com/money/2015/oct/26/most-workers-worse-off-retirement-new-universal-state-pension http://www.theguardian.com/money/2015/oct/20/pensions-state-scrap-triple-lock-protect-paul-johnson-ifs http://www.bbc.co.uk/news/business-34735936 The young are paying for the protected, inflated state pensions of the boomer generation who could put money into their pension AND save AND buy houses for reasonable amounts, yet aren't given the wages/jobs to pay to top up their own state pensions OR save to buy a house. The triple lock NEEDS to end. For the sake of future generations. Its a load of ******** , its not about the millions of ordinary working people that struggled to put a little into a private pension to have a bit of comfort in their retirement , what do you want peoples grand parents to do live in a ******* tent , and get their food fro food banks. I am 72, have a very moderate income from my private pension and I pay £30/35 a week income tax, I sponge off of no one, and never have done. Link to comment Share on other sites More sharing options...
Animal is a Ram Posted November 19, 2015 Share Posted November 19, 2015 I am soon to be auto-enrolled onto a workplace pension. I can't say I'm well informed on the subject, is it worth it? Or would it be better to simply go out and find a private pot? I don't particularly earn very much in order to contribute, but as my hand is being nudged, if not forced - what are the alternatives? Link to comment Share on other sites More sharing options...
Shang Posted November 19, 2015 Share Posted November 19, 2015 19 minutes ago, Ovis aries said: Its a load of ******** , its not about the millions of ordinary working people that struggled to put a little into a private pension to have a bit of comfort in their retirement , what do you want peoples grand parents to do live in a ******* tent , and get their food fro food banks. I am 72, have a very moderate income from my private pension and I pay £30/35 a week income tax, I sponge off of no one, and never have done. Millions of ordinary working people are struggling to put food on the table let alone put money into a pension. The older generation's lifestyle is protected from dropping, and can only rise, by people going to food banks who are seeing their circumstances worsen every year. The people who are paying for your pension are as a whole WORSE circumstances than you were growing up. That is the problem these articles are highlighting. Effective income is a LOT lower than what you had at your disposal. You might find that hard to believe, but countless articles from economists are there to read. The numbers are clear as day. You calling it rubbish does not mean it isn't true. Also it's not a personal attack, as everyone else you're taking advantage of your situation. Everyone else would do the same. But the triple lock policy is crippling society. ONE generations worth of pensions is going to have to be paid off by 2 or 3 generations well after you die yet they will not get the same privilege in their retirement. By the time I retire, they predict I'm going to have to work 10-15 years longer than you did before you retired, if at all to be able to support myself. Is that fair? Link to comment Share on other sites More sharing options...
Ovis aries Posted November 19, 2015 Share Posted November 19, 2015 5 minutes ago, Shang said: Millions of ordinary working people are struggling to put food on the table let alone put money into a pension. The older generation's lifestyle is protected from dropping, and can only rise, by people going to food banks who are seeing their circumstances worsen every year. The people who are paying for your pension are as a whole WORSE circumstances than you were growing up. That is the problem these articles are highlighting. Effective income is a LOT lower than what you had at your disposal. You might find that hard to believe, but countless articles from economists are there to read. The numbers are clear as day. You calling it rubbish does not mean it isn't true. Also it's not a personal attack, as everyone else you're taking advantage of your situation. Everyone else would do the same. But the triple lock policy is crippling society. ONE generations worth of pensions is going to have to be paid off by 2 or 3 generations well after you die yet they will not get the same privilege in their retirement. By the time I retire, they predict I'm going to have to work 10-15 years longer than you did before you retired, if at all to be able to support myself. Is that fair? You stupid t*** I paid for my pension , just as I paid for kids to go to school and for people to go into hospital I went to work and paid my national insurance and income tax , to hear you f***** talk we had a free f***** ride. Why should I pay for people to go to school and Uni till they are in their twenties bone idle f***** I was at work at 15. Link to comment Share on other sites More sharing options...
Ashz09 Posted November 19, 2015 Share Posted November 19, 2015 Talk about personal attack.. Shame he's giving you facts facts and saying it's not personal just what the facts say.. Then your giving him personal abuse.. I'd think a older person like you would of calmed down a bit then abuse people behind the screen? Link to comment Share on other sites More sharing options...
Shang Posted November 19, 2015 Share Posted November 19, 2015 1 hour ago, Ovis aries said: You stupid t*** I paid for my pension , just as I paid for kids to go to school and for people to go into hospital I went to work and paid my national insurance and income tax , to hear you f***** talk we had a free f***** ride. Why should I pay for people to go to school and Uni till they are in their twenties bone idle f***** I was at work at 15. And I am doing exactly the same, paying the exact same taxes (except the kids, but doubt I'd be able to afford them), paying for my own pension (even though I doubt I'll be ever able to retire), I've always been in a job since I was 16, but I'm not going to get anywhere near as much as your generation does for it. I did not even suggest you're getting a free ride. But you are being sheltered from the economic reality of millions and millions of families up and down the country. You're not paying for anyone to go to university. We are instantly over £9,000 in debt for something your generation got for FREE. What makes your generation more worthwhile than the 2-3 generations who are having to foot the bill? Link to comment Share on other sites More sharing options...
Ovis aries Posted November 19, 2015 Share Posted November 19, 2015 Nothing said about the millions of people that never lived to draw pension or very little of it . Now people are living a bit longer they are drawing what they are entitled to , my father died at 66 so did my mother.. This just goes back to people that have a few bob and can not stand the "common people" being able to have a comfortable last few years , they want people to die as soon as they finish work , you can have a pension but you must NOT live to enjoy it. Link to comment Share on other sites More sharing options...
Ovis aries Posted November 19, 2015 Share Posted November 19, 2015 9 minutes ago, Shang said: And I am doing exactly the same, paying the exact same taxes (except the kids, but doubt I'd be able to afford them), paying for my own pension (even though I doubt I'll be ever able to retire), I've always been in a job since I was 16, but I'm not going to get anywhere near as much as your generation does for it. I did not even suggest you're getting a free ride. But you are being sheltered from the economic reality of millions and millions of families up and down the country. You're not paying for anyone to go to university. We are instantly over £9,000 in debt for something your generation got for FREE. What makes your generation more worthwhile than the 2-3 generations who are having to foot the bill? So who do you think lends you that £9000 to start with ? Link to comment Share on other sites More sharing options...
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