IFISAcava
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Post by IFISAcava on May 4, 2024 14:57:07 GMT
But it's simply a solution to a non-problem. There is NO voter fraud.The electoral commission publish stats on it... www.electoralcommission.org.uk/research-reports-and-data/electoral-fraud-dataMeanwhile, at last year's local elections, 4% of voters were put off by the requirement for ID - that'd be a million votes in a general election. And the Tories are betting that it's not *their* voters... Gerrymandering. Well there is some, obviously, the question is how big and whether its significant. To which the answer is almost certainly "not at all significant". I have no quibble with the view that this is at worst part of a deliberate Tory gerrymandering process, and at best a pandering to some core that is up in arms about 'voter fraud' - a pot carefully stirred by both certain populist politicians and papers. Nonetheless, your point about voters being scared off because of ID requirements is a function of the current setup: Passport ? Don't have one. Drivers license ? Don't drive. ID ? Forgot to bring it. It would be an irrelevance if the UK had national identity card scheme. Every (legitimate) national would have one, and it would be second nature to carry it when doing the most mundane of things. So I think you rather missed my point: which is that presenting ID is not of itself inherently 'wrong'. The problem is requiring it when we simply don't have an appropriate framework which would make it seamless and minimise unintended (or intended) consequences. As I've said before on these boards: traditionally there has been a big (but not exclusive) overlap between those who are up in arms about illegal immigrants, voter fraud etc, and those that are most adamant that a national ID scheme is an abhorrent instrusion into our lives. If you have a compulsory national ID scheme, then you will have to enforce it (otherwise what's the point?), which then becomes "show me your papers" and then you are guilty (no ID!) until you prove your innocence (ID!). The situation turns from the government/police being there for you to you having to justify yourself to the government/police. There are extremely strong reasons NOT to go down the compulsory national ID one-way route, and there is virtually no problem that can't be solved by means other than a compulsory national ID.
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IFISAcava
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Post by IFISAcava on Apr 14, 2024 11:03:07 GMT
what would a win be for the borrower hypothetically no costs to pay no interest to pay assets worth less than unbolted costs already had the money for assets walk away smug He has already paid a chunk of UB's costs on previous hearings (although did have some of his costs paid on last hearing). The cost of this going to trial was huge, and the risks to both sides significant. There will have been some sort of economic view taken by both sides that eventually aligned, and we will likely never know the full details of the settlement. A drop hands (where both parties shoulder their own costs) is a possibility I would think - UB's costs were in large 6 figure territory, so that could have massively impacted the Claimant if he had lost at trial (which was a significant likelihood). From recollection the loans are protected so we should get the capital back as a minimum. Confirmation from UB would be good though. Sometimes it needs the judge to approve the settlement.
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IFISAcava
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Post by IFISAcava on Apr 13, 2024 14:58:59 GMT
On a side note, can one use any Capital Loss from an ISA or SIPP to offset Capital Gains in a standard Account (GIA) ?
no
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IFISAcava
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Post by IFISAcava on Apr 13, 2024 10:39:23 GMT
No new IFISAs for me for some time now. Down to about 5% in total capital of my all time high in P2P and drawing done the last accounts and/or waiting for administrations to be completed. My final XIRR for the 2017 onwards foray into IFISAs is currently around 5.5% after losses, and would drop to just under 5% if all remaining capital is written off. Much of it likely will be, so let's say I got 5%. When I started, I'd hoped for about 7%, so it has done less well than that. It has certainly done less well than if I'd kept it in equity, or an equity/bond mixture. It has done better than cash. Looking back, I over allocated to P2P, attracted by the tax advantages (as a higher rate payer); perhaps now I am under allocating, but I don't think the risk reward at current interest rates is attractive. I'm getting 5% risk-free at the moment.
My highest real world returns (for IFISAs, so excluding non-ISA P2P) were for Moneything (I got out in time), Landlord Invest and Proplend, all of whom exceeded 7% XIRR after losses. ABLrate will also creep in to that list if more than about 20% of the outstanding capital is repaid in the two loans I have left there (again, I got out in time with massive discounting in the SM, a great decision in retrospect, even though I gave up 2%+ of my XIRR to do so). Honorable mentions for HNWLending and Crowd2Fund, who achieved a tad under 7% after losses. In terms of absolute monetary returns, HNWLending, Proplend, ABLrate and Landlord Invest win (in that order), as I had the largest allocations there and they lasted the longest. Moneything had a high XIRR, but I didn't have much there and it folded fairly quickly.
Anyway, all has been going into S&S ISAs for the last few years, but I am trying to diversify as much as possible away from pure equity. So increasing exposure to Managed Futures, Trend, Commodities, Gold, etc. A little bit of leverage via capital efficient funds (eg Wisdom Tree WTEF/NTSX). And a tiny dabble in crypto via etfs. Just in case.
The CGT reduction is quite a big deal longer term. I'd always assumed I could get by on harvesting £12,000 per year CGT relief, but £3,000 pa is effectively going to tax all significant gains (with no indexation for inflation). So the next few years will also be focussing on a lot of Bed'n'ISA work I think.
Good luck everyone!
EDIT: and to answer the question directly, my ISA went into Interactive Brokers, and the family ISAs went into Interactive Investor (via the Friends and Family scheme), Trading 212, and (for LISAs) Dodl (via AJ Bell). Remember you can split your ISAs across providers this year too!
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IFISAcava
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Post by IFISAcava on Mar 14, 2024 16:44:11 GMT
Depending on where it is in Greece (e.g. big difference if you go to Mykonos/Santorini type places and you will just get fleeced everywhere unless you are v careful/lucky) - if you eat in a traditional taverna, and drink house carafe wine, you should be ok with 25 Euros a head, even after recent price rises. - if you go to a fancier/modern place, and drink bottled wine, that can be doubled, as it gets closer to mainstream European prices. The house wine is usually absolutely fine (ask to taste it first).
And there is a huge variation in room/hotel prices (50-500 Euros a night), though generally prices are going rapidly up because Northern Europeans are willing/able to pay more. Greeks are being priced out of their own islands. By way of example, in 2020 we could rent a 2 bedroom apartment for 65 Euros a night (albeit that was reduced due to pandemic, and same apartment was 100 Euros in 2021), but last year a smaller two room studio (sleeps family of 4 comfortably, has a lovely sea view) was 130 Euros in July, 140 Euros in August. Many others were paying 200-300 a night, but you could also get single rooms without a sea view for 60-70 Euros.
Gone are the days of easily finding a comfortable room for 20 Euros in Greece!
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IFISAcava
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General Equities Discussion
Brickowner
Mar 6, 2024 16:46:01 GMT
Post by IFISAcava on Mar 6, 2024 16:46:01 GMT
And yet another project seemingly heading into total write off territory (Gr**t H******am).
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IFISAcava
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General Equities Discussion
Brickowner
Feb 28, 2024 18:41:46 GMT
Ace likes this
Post by IFISAcava on Feb 28, 2024 18:41:46 GMT
Yet another 100% write off at Brickowner (R****t H***e) That's my third total write off in a row! And most of the others are showing major write downs of capital. Me too. I'm going to struggle to break even on this platform, even if my other loans come good, which looks unlikely. no chance of breaking even for me just hoping to limit the losses at this stage fortunately can utilise the capital losses against capital gains elsewhere that take a small 20% edge off the losses.
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IFISAcava
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General Equities Discussion
Brickowner
Feb 28, 2024 18:22:03 GMT
Post by IFISAcava on Feb 28, 2024 18:22:03 GMT
Yet another 100% write off at Brickowner (R****t H***e)
That's my third total write off in a row! And most of the others are showing major write downs of capital.
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IFISAcava
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Post by IFISAcava on Feb 25, 2024 13:09:34 GMT
If the cash was not used then surely it should be in company's bank account, which means no different to the uninvested cash in our accounts "should" But remember a lot of cash went "missing" These loans are listed in the details the administrators sent (and have so far had no repayment) rather than the cash being included in the client account (where there was a ca 93% recovery). Maybe duck has more info?
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IFISAcava
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Post by IFISAcava on Feb 25, 2024 12:46:56 GMT
Anyone know what happened to the "HMP Ltd" COLBL00079 loan? Well, it was not drawn down at time of administration (therefore no security) and we have had no indication of what happened to the cash. Sadly I am expecting nothing or virtually nothing back on the not inconsiderable sum I had in it (and the other similarly no drawn down loans, eg . COLBL00087/COLBL00088). Very happy to be corrected by others on this.
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IFISAcava
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Post by IFISAcava on Feb 17, 2024 17:24:35 GMT
except it doesn't - it also counts towards which party will form the government. Only indirectly - the party with most MPs forms the government. which IMHO is a poor form of democracy, when there are very good systems that allow you to both choose your MP AND choose your government directly.
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IFISAcava
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Post by IFISAcava on Feb 17, 2024 17:22:20 GMT
The result wasn't accepted. Had it been accepted like any other election, its likely the exit wouldn't have been so "hard" Woah up... The exit was ALWAYS going to be "hard", as soon as Theresa May put her red line about ECJ into her October 2016 conference speech. That made anything but "hard" quite simply impossible. www.ft.com/content/32cd1e87-c7d1-3026-86fc-bce5229711d1Absolutely this. Theresa May had the opportunity to reflect a knife edge 51.8/48.2% split by getting a consensus around a soft Brexit with membership of SM and/or CU (acknowledging that these options were explicitly discussed during the campaign by Brexiteers). Instead she went all in on a hard Brexit immediately, and here we are.
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IFISAcava
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Post by IFISAcava on Feb 17, 2024 17:13:49 GMT
Honestly right now as someone who has voted in every election since 1978, I really can't see who to vote for Your vote counts for one thing only - YOUR MP. Which of those named individuals do you think is best placed to represent your area? except it doesn't - it also counts towards which party will form the government. which is why The Additional Member System, where you can vote for your local MP AND vote for a party (which then tops up MPs proportionally so that the government represents what people actually voted for) is preferable. See Scotland and Wales. You can then choose the best MP AND contribute to your choice of government. They are often NOT the same thing.
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IFISAcava
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Post by IFISAcava on Feb 15, 2024 12:24:26 GMT
It is understood that the judgment will be handed down on Friday Feb 23rd in a remote hearing. Hopefully it'll all be finished before the 5th anniversary, or am I dreaming ? no chance
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IFISAcava
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Post by IFISAcava on Feb 13, 2024 22:53:08 GMT
And another one bites the dust - Labour has suspended a second parliamentary candidate after allegations that he made comments about Israel.
Labour party is doing anything possible to win power. There is no conviction at all. And I'm getting fed up of people conflating negative comments about the extreme right wing government in Israel with anti-Semitism. But by and large people don't complain about (what I agree is) Israel's recent extreme right wing government. They complain about "zionists" - i.e. they strike at Israel's very existence, whether led by right, centre, left or green.
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