The Johnson Government 2019-2022

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Oldun
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Re: The Johnson Government 2019-202?

Post by Oldun »

SammyLeeWasOffside wrote: Thu Jun 30, 2022 2:33 pm How much thought to older savers have young homebuyers given while interest rates were essentially 0? Both sides are hoping to get what suits them.

You know as fact all these old nazi reading types have lots of savings?
The Tory supporting ones do .
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Re: The Johnson Government 2019-202?

Post by EvilC »

SammyLeeWasOffside wrote: Thu Jun 30, 2022 2:33 pm How much thought to older savers have young homebuyers given while interest rates were essentially 0? Both sides are hoping to get what suits them.

You know as fact all these old nazi reading types have lots of savings?
Old savers are very likely to be old homeowners. There has been a massive transfer of wealth from young to old of late.
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Re: The Johnson Government 2019-202?

Post by SammyLeeWasOffside »

Oldun wrote: Thu Jun 30, 2022 2:39 pm The Tory supporting ones do .
Because it fits your preconception of them or do you have numbers?
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Re: The Johnson Government 2019-202?

Post by SammyLeeWasOffside »

EvilC wrote: Thu Jun 30, 2022 2:58 pm Old savers are very likely to be old homeowners. There has been a massive transfer of wealth from young to old of late.
Through housing?
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Re: The Johnson Government 2019-202?

Post by Danny's Dyer Acting »

The issue isn't really with the voters. It's with the politicians for not caring about a demographic that don't vote for them.
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Re: The Johnson Government 2019-202?

Post by EvilC »

SammyLeeWasOffside wrote: Thu Jun 30, 2022 3:02 pm Through housing?
Asset owners of any kind have generally done well.
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Re: The Johnson Government 2019-202?

Post by Johnny Byrne's Boots »

Oldun wrote: Thu Jun 30, 2022 2:21 pm Totally agree with that but don’t include me in that way of thinking.
They sit there reading their Daily Heil hoping the interest rates go up on their already large savings ,not giving a **** about the younger generation unable to afford their mortgage rises .
Apart from giving them a substantial gift to help buy their first house :winker:
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Re: The Johnson Government 2019-202?

Post by Oldun »

SammyLeeWasOffside wrote: Thu Jun 30, 2022 3:01 pm Because it fits your preconception of them or do you have numbers?
To follow the way this Tory government lie.

Yes this true and I do have the numbers.
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Re: The Johnson Government 2019-202?

Post by SammyLeeWasOffside »

EvilC wrote: Thu Jun 30, 2022 3:28 pm Asset owners of any kind have generally done well.
Assets are only really worth anything if you cash them in. Lots of have some assets too.

The problem I guess is the only real way for most people to make assets grow is time.
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Re: The Johnson Government 2019-202?

Post by SammyLeeWasOffside »

Oldun wrote: Thu Jun 30, 2022 4:26 pm To follow the way this Tory government lie.

Yes this true and I do have the numbers.
So it's just made up to fit your agenda?
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Re: The Johnson Government 2019-202?

Post by Oldun »

SammyLeeWasOffside wrote: Thu Jun 30, 2022 4:45 pm So it's just made up to fit your agenda?
As I said I am following the Tory party’s line of answering questions.
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Re: The Johnson Government 2019-202?

Post by MB »

That's the "red wall" lost by the Tories...

Last edited by MB on Thu Jun 30, 2022 8:20 pm, edited 1 time in total.
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Re: The Johnson Government 2019-202?

Post by mumbles87 »

SammyLeeWasOffside wrote: Thu Jun 30, 2022 2:33 pm How much thought to older savers have young homebuyers given while interest rates were essentially 0? Both sides are hoping to get what suits them.

You know as fact all these old nazi reading types have lots of savings?
Complete bugger all.

If people are well off enough to save regularly that's a reward in itself. I have never understood the whole oh you should save to earn money on your savings. Im lucky to save and im just grateful to have that behind me rather than oh I should get extra money for no reason

It's complete tosh

Economy performs better with spenders majority of the time anyways

A lot of these well off older savers have benefited from property rises and bought second houses so I struggle to feel sorry when their rent on that home comes in
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Re: The Johnson Government 2019-202?

Post by chelmsfordhammer91 »

mumbles87 wrote: Thu Jun 30, 2022 7:55 pm Complete bugger all.

If people are well off enough to save regularly that's a reward in itself. I have never understood the whole oh you should save to earn money on your savings. Im lucky to save and im just grateful to have that behind me rather than oh I should get extra money for no reason

It's complete tosh

Economy performs better with spenders majority of the time anyways

A lot of these well off older savers have benefited from property rises and bought second houses so I struggle to feel sorry when their rent on that home comes in
It largely depends on how much you are saving and for what purpose.

Pensions wouldn't perform well if held as cash and would effectively erode with inflation. It's the compound effect over decades that brings the value.

If you've only got a month or two worth of bills in savings then it wouldn't be prudent to bung it into a pension as you'd want the liquidity to access it in an emergency.

Also, depending on the fund a pension (or any other collective fund) is invested in, the monies used to invest in companies can be beneficial to the growth of the wider economy. Pensions in particular generally start in relatively higher risk funds for younger people as you would have time to keep saving if it didn't perform well. As you get older and need more protection, you then move it to a lower risk fund.
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Re: The Johnson Government 2019-202?

Post by MB »

Oh they are having a good day...

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Re: The Johnson Government 2019-202?

Post by EvilC »

SammyLeeWasOffside wrote: Thu Jun 30, 2022 4:45 pm Assets are only really worth anything if you cash them in. Lots of have some assets too.

The problem I guess is the only real way for most people to make assets grow is time.
No, assets are worth something, it is only when you cash them in that they become liquid.

The problem, well, a problem, is the massive disparity in wealth between young and old.
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Re: The Johnson Government 2019-202?

Post by Turns to Stone »

MB wrote: Thu Jun 30, 2022 7:35 pm That's the "red wall" lost by the Tories...

You can’t help but wonder sometimes if her own speech writers have it in for her!?
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Re: The Johnson Government 2019-202?

Post by MB »

Turns to Stone wrote: Thu Jun 30, 2022 9:09 pm You can’t help but wonder sometimes if her own speech writers have it in for her!?
Or some kind of cry for help ala hostage videos?
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Re: The Johnson Government 2019-202?

Post by Johnny Byrne's Boots »

Could be. Does she blink her eyes in Morse code?
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Re: The Johnson Government 2019-202?

Post by the pink palermo »

Sorry to return to the Boris's Blow Job, but how on earth is this not the lead story on every news outlet ?

He was a serving minister at the time and his girlfriend obliged him at his place of work.

Gavin Williamson, it would appear, is the MP who walked in on him /them.

That's Sir Gavin thee days.
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