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Newbury Train Station, GWR, Network Rail, Shame Shame Shame |
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May 29 2017, 07:06 PM
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QUOTE (On the edge @ May 29 2017, 08:02 PM) Now that invites several questions; first how high the bar? Do you have children still at school; what chance do they have?
For me, I had a similar background and some 40 plus years ago as a secondary school leaver managed to get a basic clerking job with a big firm. Earning around the basic wage for the time, we just about managed to buy a small town terraced house. The firm gave me the opportunity to pursue further education successfully to degree level and riding the then IT centric wave, managed a pretty good wage. My own children managed to secure Russell Group degrees, but to exploit them have moved to London and other SE towns where they'd jump at the chance of buying even a small one bed flat for 3 times salary. Most of the firms I had anything to do with are now in foreign hands headquartered overseas. Similarly, the strategic IT part is either outsourced to American consultants and increasingly delivered on by business in the Indian sub continent. Semi retired, I'm fortunate enough to meet business people of all disciplines and with very few exceptions, are just as disillusioned about the future as I am. Whilst I own several houses, drive a large Audi and spend a month a year in the south of France.
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Gammon. And proud!
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May 29 2017, 07:20 PM
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From: Newbury
Member No.: 60
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QUOTE (On the edge @ May 29 2017, 08:02 PM) Now that invites several questions; first how high the bar? Do you have children still at school; what chance do they have?
For me, I had a similar background and some 40 plus years ago as a secondary school leaver managed to get a basic clerking job with a big firm. Earning around the basic wage for the time, we just about managed to buy a small town terraced house. The firm gave me the opportunity to pursue further education successfully to degree level and riding the then IT centric wave, managed a pretty good wage. My own children managed to secure Russell Group degrees, but to exploit them have moved to London and other SE towns where they'd jump at the chance of buying even a small one bed flat for 3 times salary. Most of the firms I had anything to do with are now in foreign hands headquartered overseas. Similarly, the strategic IT part is either outsourced to American consultants and increasingly delivered on by business in the Indian sub continent. Semi retired, I'm fortunate enough to meet business people of all disciplines and with very few exceptions, are just as disillusioned about the future as I am. I do get a lot of invites from overseas due to my x++, LCS, VSTS skills etc so I do acknowledge that thw UK has a skills shortage. i am lucky enough (or unlucky sometimes!!) to work for a Company that is not afraid to beta test for MS. A lot is to do with the CEO. A good one like mine has a 96% approval rating on glassdoor. A bad one can destroy a Company.
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May 29 2017, 07:28 PM
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QUOTE (Turin Machine @ May 29 2017, 08:06 PM) Whilst I own several houses, drive a large Audi and spend a month a year in the south of France. Owning an Audi isn't all that great unless it's an R8. Is it?
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May 29 2017, 07:28 PM
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From: Newbury
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QUOTE (je suis Charlie @ May 29 2017, 07:53 PM) And me! We must be a very exclusive club! We must get together and roast a peasant one night. 🤣 Actually, I don't think you are members of an exclusive club; more an aging failed one! It might be worth pondering why the Labour Party have put so much effort into canvassing the youngsters to get them registered and encouraged to vote. Nonetheless, they are tomorrow's problem; so enjoy things whilst you can. At least Mrs M is putting a cap on the 'final spend up' at least for now.... Of course, I also fully appreciate, given our apparent success, criticism of past British management competence, necessarily includes me thus us!
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Know your place!
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May 29 2017, 07:28 PM
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QUOTE (newres @ May 29 2017, 08:28 PM) Owning an Audi isn't all that great unless it's an R8. Is it? Better than a ford though.
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Gammon. And proud!
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May 29 2017, 07:32 PM
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QUOTE (Turin Machine @ May 29 2017, 08:06 PM) Whilst I own several houses, drive a large Audi and spend a month a year in the south of France. Good for you and thanks for confirming that the returns in the domestic property market are far better than Investment British industry; just as I thought.
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Know your place!
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May 29 2017, 07:34 PM
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QUOTE (On the edge @ May 29 2017, 08:32 PM) Good for you and thanks for confirming that the returns in the domestic property market are far better than Investment British industry; just as I thought. Yup, it's called intelligent investment.
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Gammon. And proud!
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May 29 2017, 07:37 PM
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From: Newbury
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QUOTE (TallDarkAndHandsome @ May 29 2017, 08:20 PM) I do get a lot of invites from overseas due to my x++, LCS, VSTS skills etc so I do acknowledge that thw UK has a skills shortage. i am lucky enough (or unlucky sometimes!!) to work for a Company that is not afraid to beta test for MS. A lot is to do with the CEO. A good one like mine has a 96% approval rating on glassdoor. A bad one can destroy a Company. That's great, and certainly underlines the issues with UK education. And as for company executives, as you rightly say, a bad one can destroy a company, which given the reducing number of British firms, supports the contention that UK management has been seriously deficient for years.
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Know your place!
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May 29 2017, 07:37 PM
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QUOTE (Turin Machine @ May 29 2017, 08:34 PM) Yup, it's called intelligent investment. Any dumb **** could do it. Hardly intelligent.
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May 29 2017, 07:42 PM
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QUOTE (newres @ May 29 2017, 08:37 PM) Any dumb **** could do it. Hardly intelligent. Have you? Hmm?
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Gammon. And proud!
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May 29 2017, 07:46 PM
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QUOTE (Turin Machine @ May 29 2017, 08:34 PM) Yup, it's called intelligent investment. For you. yes it's a good return. Logical yes, and if you think about it, the decision was common sense so relatively little intelligence was needed. I wonder just how good it stays as your tenants real earnings start to dip and indeed the building industry catch up and provide many more new homes. It's a risk worth taking I'm sure, but it's there nonetheless. Still, make hay whilst the Sun shines, because as we are seeing from recent Budgets, the treasury wonks don't see this situation as intelligent economics for the Country.
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Know your place!
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May 29 2017, 07:47 PM
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From: Newbury
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QUOTE (je suis Charlie @ May 29 2017, 08:44 PM) My range rover sport trump's your merc 😊 I get the train.😂
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May 29 2017, 08:02 PM
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QUOTE (On the edge @ May 29 2017, 08:46 PM) For you. yes it's a good return. Logical yes, and if you think about it, the decision was common sense so relatively little intelligence was needed.
I wonder just how good it stays as your tenants real earnings start to dip and indeed the building industry catch up and provide many more new homes. It's a risk worth taking I'm sure, but it's there nonetheless.
Still, make hay whilst the Sun shines, because as we are seeing from recent Budgets, the treasury wonks don't see this situation as intelligent economics for the Country. And I suspect nay, expect most people's earnings to fit under labour. And I can't see land getting cheaper or builders want to make less profit for the shareholders.
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May 29 2017, 08:04 PM
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QUOTE (TallDarkAndHandsome @ May 29 2017, 08:47 PM) I get the train.😂 We looked at a train, but we don't have room in the driveway. 😎
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May 29 2017, 08:20 PM
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QUOTE (Turin Machine @ May 29 2017, 08:42 PM) Have you? Hmm? In the past.
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