Reply With QuoteIts rude to ask a lady her ageOriginally Posted by Ivan Drago
I think most have formed LLP's so that they have "limited liability" partnerships - private
Its rude to ask a lady her age
We set one up not that long ago in the UK. Originally as a 50:50 venture with another (law) firm, then Owned by our group holding company. Lots of restrictions on who the main nominated officers are.
I should add that it was set up as an ABS, and as a limited company, that allowed non-lawyers to own and manage the overall firm.
Last edited by Omegamanic; 20th March 2020 at 15:33.
hmmm ... Trump seeking revenge for the damage done to the USA economy by the “Chinese virus” doesn’t bear thinking about.
I think the USA will he hit hard if C 19 gets going there. Poor support for workers will see people who should be isolating not doing so and a weak healthcare system.
I’m still thinking we are still in the very early stages of the economic impact.
Nineteen.
Someone who lies about the little things will lie about the big things too.
Totally agree. I’m not really clued up enough to understand how macro-economics actually effect our everyday lives...maybe someone can explain it? As I understand it, governments are generally running out of tools to keep markets alive and we are now into QE territory to pay for things, which is Zimbabwe-style bad...ie print cash to give to people to pay for things. Ultimately who pays when a government says they are considering paying everyone their wage through reversal of income tax?
Rather than worst possible outcome which is all the papers seem to focus on, I’d like to know worst credible outcome or most likely outcome at this stage. Are we getting towards a comparable economic crisis to having a World War?
This is worth a half-hour of your time:
https://www.youtube.com/watch?v=PHe0bXAIuk0
“The average age of the combat soldier was 26... in Vietnam he was 19”
It's just a matter of time...
Thanks very much...will watch!
Ni-ni-ni nineteen.
All pubs, cafes etc force closure; how's that going to play out when the markets open Monday?
As was I.
I'd be tempted to think the wage support news will offset the commercial concerns, but it will be interesting to see.
What was the watch PC?
& watched up too :)As was I.
It's just a matter of time...
Invest in lawyers for divorce haha!
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Joke, I hope in all of this we invest in appreciating the small things in life.. stay safe people
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Thats alright, I see the funny side, and my divorce came through the other dayJoke, I hope in all of this we invest in appreciating the small things in life.. stay safe people
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It's just a matter of time...
It was this Caravelle that I bought new in December 1966. Lost the bracelet 50 years ago! The pic of me was taken around February 1967.
Thanks and nice one, the true definition of ‘a keeper’.
Very interesting thoughts and plausible theory
IG weekend quote for the FTSE 100: 4,855 points, which is down another 6.5% since Friday's 5,190 points closing.
Suddenly the 6% returns achievable on P2P lending does not look attractive.
I expect this type of investing to go into meltdown.
Not unexpected. We have seen a demand shock like never before, and production.IG weekend quote for the FTSE 100: 4,855 points, which is down another 6.5% since Friday's 5,190 points closing.
Sub 4000 is the next floor to be broken and 15000 Dow.
US Equity index futures halted limit up for a change (even if the market seems a touch lower since the halting if the ETFs are to be believed).
Market is expecting the relief package from Capitol hill apparently. Meantime, the WHO warns that the US could become the next epicenter of global coronavirus crisis, citing ‘very large acceleration’ in infections.
Probably another chance to sell. Didn't the relief package get voted down twice already?
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My view exactly, others may disagree.
Someone who lies about the little things will lie about the big things too.
I think the USA still have not quite realised how hard this will hit them. Out of all the developed nations I think they are least equipped to deal with C-19.
Totally agree, just read how arrogant and erratic Trump is about all this, apparently he is being hit in his own pocket for millions so I think he is confusing the welfare of the nation with his own interests..
Aye bad time to own hotels and golf courses, and tbf he even lost money on a casino in Vegas in better days Lolz.
The negative sentiment on this thread would be a perfect indicator by Mr Buffett that now is the time to get greedy :)
I'm going back into the market tonight with my pension fund. By my own research I reckon we are within 5 days or so of positive news that changes sentiment and outlook. Sure the market may well decline before then but I don't want to miss the bounce.
Caveat I am not a financial analyst, virologist or anybody you should be paying the slightest bit of attention to other than someone with an obsessive personality with its downsides but also its upsides which allow me to study and analyse things quickly and this is the call I am making based on what I believe is a massive overreaction to the real world per capita danger of this virus (and that this reality will become known by financial institutions relatively soon).
Good luck. It is my intention to re enter the market slowly over months.
I don’t have the nuts to wade back in wholesale.
I needed to restructure my investments and so this has been a useful exercise.
I have left some profits on the table but I’m relaxed.
Two property deals in progress which is really bugging me.
I personally don't think we are anywhere near the bottom yet, but good luck and godspeed
Not a recommendation as I don’t do or understand shares but have a look at Wincanton. Even though the world has stopped we need transport and lots of it.
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I have never understood people who are nervous about missing the lowest point to invest. If and when we see a recovery, it has such a long way to go that it's no problem if you miss the first couple of days of it. What is important is to preserve capital so that you got money left in the pot which you can get to work if and when the worst is over. Hence I sit quietly and wait until the buying alarm goes off. Could be next week, could be in six months.
But each to their own and good luck to everybody.
Up 23% today!
Jup we fall lower much faster than we go up. Personally I'm waiting for when the WHO say we're out of the worst. That will take some time.
Since way before the 2016 election!
I wish you well, Ryan. Buying when the market is down 37% from its high the month earlier doesn't look like a high-risk proposition to me. I don't know what your future time horizon is, but if it's more than a few years you should be good.
Agreed, having bailed to preserve capital I have made a investment in gold and will drip feed the capital back into the market over the next 2 years. I will also retain more cash than previously.
I have perhaps been a bit over aggressive over the last 20 years which has done well but as I near retirement this period has reminded me my investment horizon is shorter now and so I need to perhaps be more balanced/conservative.
Some good news in Italy today but I fear this will explode in the USA in coming weeks.
Today’s positive markets look over optimistic to me. This demand shock will wipe out companies and dividends for some time.
Trump wants to re-open the economy within two weeks!
Everything must be ok then ...
good luck with this Ryan
I have some funds sat in cash in my SIPP, and have seen some horrendous falls on Greggs and Vanguard - but I have kept thinking this week, when will I have the balls or insanity to go back in.
So I have just put an order in for £10k of Polar Capital - the new world will need Tech more than ever and the mass switch of office workers to home working this week suggests that this may be a decent punt.
This chap, Lieutenant Governer of Texas no less has suggested older Americans are happy to sacrifice themselves for the good of the economy
https://www.theguardian.com/world/20...al-dan-patrick
'As Donald Trump pushed to re-open the US economy in weeks, rather than months, the lieutenant governor of Texas went on Fox News to argue that he would rather die than see public health measures damage the US economy, and that he believed “lots of grandparents” across the country would agree with him.'
What do you say PC would you chance taking one for the benefit of Walmart, Apple, McDonalds, Ford...
You couldn’t make this stuff up ...
Funny you should ask. When I saw video last night of that Texas lieutenant governor (who stated his age is 70), I gave the matter some real thought.
Under certain circumstances, the answer is YES...but not in the way you're asking the question.
If this world-wide self-isolation continues indefinitely and businesses are shut down for many months, there could be a Global Depression, not unlike the one in the 1930s. Hundreds of thousands of small and medium-sized businesses would go broke (including their owners and families); some large corporations and even industries would fail. Our entire ways of life could be forever impacted for the worse: communications, internet, utilities, education, transportation, etc., etc. Nurses here in the U.S. are already complaining that conditions and equipment are worse than they experienced in Third World countries!
If extended self-isolation to protect "me" (at 72) from possibly contracting COVID-19, from which I might survive anyway, while my adult children and their young families will likely suffer brutally for years, if not decades, then I definitely don't want it. It's not a sacrifice for "the economy" or for "Apple," but for my family and your families, who may suffer the way my grandparents and parents suffered through the Great Depression.
Perhaps there is a fear that there is very real and present danger to the US, a heavily damaged economy stagnating under lockdown while the Chinese grow stronger - Trump ain't gonna be happy!
Totally agree - same about finding the top of the market too, the smart money comes out early, knowing that the risk / return ratio is unfavourable to stay in.
But in all probability it won’t be indefinite will it, 12 to 18 months for a vaccine, early sign s are very positive. But good on you nonetheless.Funny you should ask. When I saw video last night of that Texas lieutenant governor (who stated his age is 70), I gave the matter some real thought.
Under certain circumstances, the answer is YES...but not in the way you're asking the question.
If this world-wide self-isolation continues indefinitely and businesses are shut down for many months, there could be a Global Depression, not unlike the one in the 1930s. Hundreds of thousands of small and medium-sized businesses would go broke (including their owners and families); some large corporations and even industries would fail. Our entire ways of life could be forever impacted for the worse: communications, internet, utilities, education, transportation, etc., etc. Nurses here in the U.S. are already complaining that conditions and equipment are worse than they experienced in Third World countries!
If extended self-isolation to protect "me" (at 72) from possibly contracting COVID-19, from which I might survive anyway, while my adult children and their young families will likely suffer brutally for years, if not decades, then I definitely don't want it. It's not a sacrifice for "the economy" or for "Apple," but for my family and your families, who may suffer the way my grandparents and parents suffered through the Great Depression.
Boy they dressed well back then.
Last edited by Passenger; 24th March 2020 at 21:48.
I don’t think C-19 cares what Trump thinks, if the USA ignore the threat it could have devastating effects. Sticking their head in the sand thinking they can rescue the economic situation will ultimately damage the things they are trying to protect more.
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