Lloyds Banking Share Discussion Threads

[mikemichael2] 29/9/2020 19:29

Min, i'm already retired and receiving my pension and private pension.

[grahamite2] 29/9/2020 19:17

how much higher would deaths be if we used the same protocols as for Influenza?

A fair question, Gecko. I don't know the answer but it is quite possible deaths would not have been higher at all. Our restrictions have been so haphazard, so arbitrary, so inconsistent, so mutable, it has been like building a cage with only three sides and expecting that to stop the lions escaping.

Mass economic, constitutional and cultural destruction - all for nothing.

[geckotheglorious] 29/9/2020 18:57

Graham,

Influenza kills half a million or more annually so I’d say the current virus is bad by any standard.

"Bad by any standard, yes, but how bad? With deaths only twice the number we get from a disease that comes round every year, surely not bad enough to dismantle our whole civilization for it?"


Influenza 375,000 - 500,000 deaths per year:

No lockdown,
No social distance-
Peak season in Jan/Feb
Vaccines.


Sars Cov2 1,000,0000 deaths by 29th Sept
Biggest lockdown ever,
Most social distancing,
No vaccine

Given transient populace in UK, and US, and parts of Europe(Not Sweden which doesnt have a global city) how much higher would deaths be if we used the same protocols as for Influenza?

[utrickytrees] 29/9/2020 18:52

Large field handicaps.

[jl5006] 29/9/2020 18:43

Nobody considered a VCT - with 30% tax back and income of 5..6%?
Tighter rules - bitof a gamble - better than Prem bonds or nat Lot.

[high value chips] 29/9/2020 18:24

Good afternoon Chaps.

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diku29 Sep '20 - 18:10 - 12418 of 12418
0 0 0
As long as the car takes you from A to B the badge is immaterial...

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Very good point diku; When the stock market pops and you are not prepared for it, getting fuel for your car will be on the bottom list of worries! ( Hope it doesnt happen).

Be lucky.

Cheers

[careful] 29/9/2020 18:20

Reliability of all electric older cars/batteries will be a nightmare.
So many will been the hard shoulder, out of charge.

[diku] 29/9/2020 18:10

As long as the car takes you from A to B the badge is immaterial...

[dope007] 29/9/2020 18:04

Leon is a good car. I had the 184BHP diesel. But for a 3 year old car do not discount the Hyundai/Kia offerings. Very good motors at lower price points

[minerve 2] 29/9/2020 17:42

mm2

Why don't you set-up and contribute some of that savings to a pension scheme?

I mean < 1% is getting you nowhere and is actually losing you money vs inflation.

I'm assuming those savings are for a 'rainy day' or 'for the future', or at least some of it is. So why not set-up something like a stakeholder pension for you and your wife? I don't mean SIPPs because the annual management fees are only worthwhile on large funds. Stakeholder pensions have yearly fees less than 1%.

Your contributions will earn an immediate 25% return if you are a low rate tax payer and you can still contribute £2,880 each if you are not working which gets grossed-up regardless of your tax rate.

With the UK market extremely low ATM a general investment/pension fund would make full use of the current situation and it would need to fall a further c25% for you to be back to 'square one' had you invested in the market directly.

With the new pension freedoms you could still access the funds if desperately needed - you would just lose the tax benefit - but if it is only part of your savings you could workout some investment draw-down/income that keeps your 25% initial return intact.

I'm a bit rusty on pensions but I think everything I've said is correct.

:)

[mikemichael2] 29/9/2020 17:41

Yes, and the 1.5 has ACT, so very good mpg. I'm torn between a Leon tsi evo 1.5, or the Golf 1.5 tsi evo. Used of course 2017 onward. Golf is about 3 grand more.

[chavitravi2] 29/9/2020 17:11

I drive a BMW that's coming up 2 yrs old and I've done 11k miles. Said to Mrs I cant justify another next years on mileage we do. Been looking at the NEW Seat Attica that's out now. The 1.5 petrol looks very good, updated inside and out. I may go for that seeing as it's really VW.

[mikemichael2] 29/9/2020 17:03

Might be under the floorboards next year at this rate !!!

[mikemichael2] 29/9/2020 16:53

eSaver at Skipton, fixed at .85%, not quite 1%, however that is no longer available, now it's .55%.

Ill be getting it for 12 months.

Had a 12 month fixed at 1.45% at post office before, then they cut it to .2%!!!!!

[grahamite2] 29/9/2020 16:31

mikemichael, where are you getting 1% interest? Do you think you'll be getting it much longer?

[minerve 2] 29/9/2020 16:29

Well, we could just keep to 'on-topic' and watch the paint dry. 😏

[dope007] 29/9/2020 16:28

And that's before you get to the paint quality!!!

[chavitravi2] 29/9/2020 16:25

Funny you should mention Tesla. Reading a report only last week. It's the most unreliable car on the market. Untill they get all the faults fixed they ain't going to keep selling many and make a profit.

[jl5006] 29/9/2020 15:53

K38
Gecko posts n there the same way he does here.
little on topic stuff - bcos nobody knows.

[alphorn] 29/9/2020 15:40

G2 - I don't think so. ;)

[k38] 29/9/2020 15:38

Lloyds has two boards.. this one is about everything from shares, election, brexit virus and so on the other is about Lloyds. You need to move to the other board.

[mikemichael2] 29/9/2020 15:34

OK Lloyds, i'm down about 50% on my buy price, i could double up and hope for a substantial rise over next six months or so, or leave my cash on 1% interest.

What do you reckon?

[xxxxxy] 29/9/2020 15:26

Because it is the background tapestry that life and investment operates on. Cannot ignore Covid, just one example.C'est la vieAnd No Deal.WTO