Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
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Post by Godanubis on Mar 18, 2020 0:50:30 GMT
10000 people die every year on the toilet. Does that mean we steer clear of the loo. 300000000 are infected with malaria and 1000000 die every year yet we holiday in malaria areas without a second thought.
Looking at things in in perspective 5 people a day die on the roads in 🇬🇧 . We still travel without fear.
Do your best to avoid it but don’t let it rule your life it will be here for years to come and like flu only a proportion of the population will be offered any vaccine when it comes..
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Mar 18, 2020 0:35:16 GMT
I've never asked for advice, but figured out myself that this is the way to go. It was a great feeling when I paid my mortgage off in 8 years instead of 25. At least I know if worse come to the worst I have a roof over my head. You advice is much more sound than the one of your colleagues! Ditto here BUT it turns out that isn't the end of the matter. Council tax for example needs paying pretty much regardless of who lives in the now unmortgaged house. That's the lion's share of costs but there are others such as insurance and maybe fees to pay to the church or other third parties if you're unlucky or purchased leasehold. I still have £108K loan interest only I have had 16 years rate will drop to 1% . So were I to pay it back I would be <£90 a month better off. The £100K no matter where will make considerably more than £90 a month. When this ends I will take a RIO lifetime no repayment till death mortgage. As long as I live I will enjoy as much as I can I don’t care what is left after my £25K plus funeral ( Bronze casket and Crypt) is Paid I won’t be around to see it.
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Mar 17, 2020 8:38:58 GMT
16.3.2020 (at close): Its going to be a hard landing! This will make it to a penny stock before I get my funds out! FUNDING CIRCLE PLC (FCH) ORD GBP0.001 Sell:37.70p Buy:39.45p (-13.35%) Could have been worse pub group down 45% You won’t even be able to drown your sorrows
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Mar 17, 2020 2:32:43 GMT
Wait till thousands of families try to get 14 days worth of nappies
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Mar 17, 2020 2:28:34 GMT
I’m sure there are a good few here remember the best in toilet paper was “Izal medicated” not the softest. lots had torn up newspapers on a string.
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Mar 16, 2020 23:11:51 GMT
That’s where lots on here miss the point individual loans are not important if overall there is a profit. Underperforming loans if you held them only reduced the overall profit . Banks have losses but overall they make profit that suits me fine. This is the problem you see Godanubis , whilst you keep preaching to others based on your own long term gains, you clearly forget that many of the people you preach to may only be in the early stages of their P2P adventure and stand to lose a lot by their standards. There are people reading these forums who stand to lose life changing amounts of money (I'm not one of them) and the last thing they need is you on your soap box ranting on about your "overall gains" because if you were to look at things from a different angle, and start to consider the individual loans you are still "stuck" with, you stand to see some considerable hair cuts in the next 12-24 months as loans unravel. Playing the SM game is all good fun until the music stops.... I only have a few k tied up in FS loans, and it equates to less than I made from FS in the previous year, I consider the loans I have to be some of the better ones but still expect to take at least a 25% haircut on them when they eventually repay, that for me is a 25% loss, something I can afford to stand, but a loss nonetheless. I can see you are a "glass half full" type of person, and with so much gloom about it isn't a bad approach, but not everyone views life through the same rose tinted spectacles as you do. I can appereciate your point but at the moment there are few actual losses. I dropped another £12K today on Stock market I will probably have to wait months if not years to get back to where things were 2 weeks ago.
This however was at the high point and actual primary investment is still a long way down unless needed it is just a paper exercise as with P2P. I will not lose that in total from P2P even with the predictions.
I alwas said P2P was a 2 year investmet when things were working I'm prepared to double that time due to current situation. S&S are 5-10 year for those that hold and wait.
When loans are actually finalised and all recovery processes are finished I will have a better picture. I may however have equavalent of full capital returned before then.
P2P was never ment to be a liquid investment so people should be prepared for delays. It was never realistic to have 6 month loans that was the fundamental error.
Lots of those with investments here will have far greater things to worry about as I expect thousands to lose their jobs etc. in the next few months and I feel sorry for any in that position that require access to their savings wherever they are.
I am not sure if you had ÂŁ16K + in P2P if DWP count that as savings and therfore barr you from any means tested benefits. That would be a triple whammy without even being Covid 19 positive.
Most have a long hard road ahead through no fault of their own with very little chance of any high points.
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Mar 16, 2020 0:12:23 GMT
Just bought an nice 1-7litre/min 30-98% oxygen generator . They seem to be selling fast as over 200 sold in a day where that would be a years normal sales. A nice oxygen boost keeps faculties sharp and helps the lungs. Why have money just sitting any returns from investments should be used to enhance your life especially if you had already written it off as loss
Just in case anyone thinks this is good advice, it's not. If you have normal oxygen levels then breathing high oxygen concentrations is detrimental to your health. If a doctor assess and prescribes oxygen because you have low oxygen saturation due to a medical condition by all means use it, otherwise hold off on taking medical advice from a god of the afterlife...
God of the afterlife also has a medical background and nobody was advocating unnecessary high oxygen input but have it available if lung function is impaired as with Covid 19 . Personally I have OSA and APAP therapy where O2 sat can often dip below 90%. You can buy O2 in cans in vending machines for a quick fix in Japan. Theses machines can give a small increase in O2 no different than a native of the Himalayas visiting the Netherlands. Better to have the machine and not need it than need it and not have it. As this whole thread is in relation to Covid 19 the post was aimed as that at its base not at non compromised individuals who would be unlikely to spend several hundred pounds for a hangover cure Here is NHS advice for O2 link
Also Covid 19 treatment. link
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Mar 15, 2020 23:55:50 GMT
It nearly has I now have had back more over the past few years in capital and interest that I only require 20% of current capital to have made no loss overall. Just the case of your lost capital and your missed opportunity to make a few more million from investing in gold because your money was tied up in loans which you will make an individual loss on then as you will not get back all you have invested in specific loans That’s where lots on here miss the point individual loans are not important if overall there is a profit. Underperforming loans if you held them only reduced the overall profit . Banks have losses but overall they make profit that suits me fine.
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
|
Post by Godanubis on Mar 15, 2020 22:05:41 GMT
Bus companies will go bust if those with bus pass are at home and business in lock down.
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
|
Post by Godanubis on Mar 15, 2020 22:02:22 GMT
Just bought an nice 1-7litre/min 30-98% oxygen generator . They seem to be selling fast as over 200 sold in a day where that would be a years normal sales. A nice oxygen boost keeps faculties sharp and helps the lungs. Why have money just sitting any returns from investments should be used to enhance your life especially if you had already written it off as loss
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
|
Post by Godanubis on Mar 15, 2020 21:56:58 GMT
Just dug the last of the potatoes, lucky it wasn't a very frosty year, purple sprouting, leeks, carrots, sprouts, sprout tops still in the ground (not a lot but nice to have) + over wintered cabbages and cauliflowers a few weeks away to harvest, some leaves spinach and chard leaves left in the ground over winter which may crop a bit before going to seed. Starting to plant seeds and potting on for this year. Made Grape Jam for the first time last year pretty good! I envy you. To be self sufficient rather than rely on supermarkets. Growing your own fruit and veg is the way to go! If they are mugging people for a loo roll you will need 24/7 security on the allotment that you won’t be allowed to get out to visit
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Mar 15, 2020 21:43:31 GMT
Yes you could have had it back and invested in stock market and lost a hell of a lot Still more payments with interest than not. Got 15% capital + interest = >18% of invested capital in last few weeks so no chance of your predicted massive capital losses. You're making a tit of yourself Godanubis . Truth often hurts. Insults are the only response for lack of actual facts. Oh some more money just paid in interest
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
|
Post by Godanubis on Mar 15, 2020 21:40:33 GMT
Yes you could have had it back and invested in stock market and lost a hell of a lot Still more payments with interest than not. Got 15% capital + interest = >18% of invested capital in last few weeks so no chance of your predicted massive capital losses. Lost a lot? Even with the recent stock market pullback, major indexes are trading at a higher price than they did 3 years ago, not to mention forgone dividends. For someone making statospheric returns on FS, I woud expect you'd do hell of a lot better in the stock market than losing money, espeically since a simple buy and hold strategy produced great returns in the past 10 years. I have not lost any money on S&S etc I just said it was down 45K this week. I just removed ÂŁ30+K last month to lock in some profit. The rest will happily wait for a recovery. There are some bargains to be bought. As most know I prefer small reliable profit that far outweighs hold strategy that works in P2P and stocks and does not require all single investments to make even a moderate profit a small but often profit wins every time.
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
|
Post by Godanubis on Mar 15, 2020 21:36:51 GMT
Yes you could have had it back and invested in stock market and lost a hell of a lot Still more payments with interest than not. Got 15% capital + interest = >18% of invested capital in last few weeks so no chance of your predicted massive capital losses. And he could have invested it in gold and made a lot. Give it 2 or 3 years and we'll see how your prediction of no capital losses is playing out. It nearly has I now have had back more over the past few years in capital and interest that I only require 20% of current capital to have made no loss overall.
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Mar 14, 2020 22:13:08 GMT
I have spoken to Nadeem from FO today. It was constructive and I am hopeful of a resolution by the end of next week. I will update at that time We’ll it is now the end of the week and true to his word the money was paid to my account. If the rest of the Changes he has mentioned are made then there would be cause for celebration. I still have funds invested and have good hopes for the future. Certainly better than my shares are doing I also got an apologetic email from their resolutions officer.
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