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Maunder Minimum
26 February 2020 09:40:15

This looks like a good move on a precautionary basis:


https://www.bbc.com/news/uk-51641243


 


New world order coming.
speckledjim
26 February 2020 09:41:11


 


Depending on your age it's more accurate to see the fall in the markets as a great opportunity to boost your pension pot, as your monthly contributions will buy more shares. It's only a problem if you're about to retire and haven't taken steps to de-risk.


 


Originally Posted by: Gandalf The White 


Absolutely, I’m rubbing my hands in glee waiting for the opportunity to top up and watch it rise 


Thorner, West Yorkshire


Journalism is organised gossip
warrenb
26 February 2020 09:41:54


 


Depending on your age it's more accurate to see the fall in the markets as a great opportunity to boost your pension pot, as your monthly contributions will buy more shares. It's only a problem if you're about to retire and haven't taken steps to de-risk.


 


Originally Posted by: Gandalf The White 


I completely agree, my post was more on the fact that the prices on the FTSE are far more realistic than the pumped up US markets, so the correction should be smaller, but the lemmings just follow the leader.


10 years for me, so plenty of time for a recovery in the pension (although the closer you are the bigger the hit).


westv
26 February 2020 09:44:13


 


Depending on your age it's more accurate to see the fall in the markets as a great opportunity to boost your pension pot, as your monthly contributions will buy more shares. It's only a problem if you're about to retire and haven't taken steps to de-risk.


 


Originally Posted by: Gandalf The White 


Derisking is, for many, a thing of the past considering a pension in drawdown will be affected by a number of drops over time.


At least it will be mild!
Gandalf The White
26 February 2020 09:44:46


 


I completely agree, my post was more on the fact that the prices on the FTSE are far more realistic than the pumped up US markets, so the correction should be smaller, but the lemmings just follow the leader.


10 years for me, so plenty of time for a recovery in the pension (although the closer you are the bigger the hit).


Originally Posted by: warrenb 


If you're in a defined contribution (money purchase) scheme I assume you've been advised to shift steadily out of shares in the last five years?


Location: South Cambridgeshire
130 metres ASL
52.0N 0.1E


Brian Gaze
26 February 2020 09:46:30
The lack of cases in India is interesting. Although IME workers there would be reluctant to tell their bosses they were dead.
Brian Gaze
Berkhamsted
TWO Buzz - get the latest news and views 
"I'm not socialist, I know that. I don't believe in sharing my money." - Gary Numan
Gandalf The White
26 February 2020 09:46:50


 


Derisking is, for many, a thing of the past considering a pension in drawdown will be affected by a number of drops over time.


Originally Posted by: westv 


Yes, if you're not buying an annuity then that's broadly right - but your attitude to risk might (should) be reassessed as you approach that point.  Hung-ho when you've got 30 years to go is one thing but with a few years before retiring maybe not, unless you're compelled to take risk to try to boost the size of the pot.


 


Location: South Cambridgeshire
130 metres ASL
52.0N 0.1E


Maunder Minimum
26 February 2020 09:58:09

The lack of cases in India is interesting. Although IME workers there would be reluctant to tell their bosses they were dead.

Originally Posted by: Brian Gaze 


I don't believe the statistics from India or Pakistan. At this juncture, we are supposed to entertain the idea that Pakistan is completely free of coronavirus,whilst there is a raging epidemic next door in Iran - that is for the birds.


 


New world order coming.
The Beast from the East
26 February 2020 10:04:19


 


 


Let's remember, its been said many times - its the additional pressures, impacts on supply chains etc that will cause the issues. 


This is why I was happy we got brexit done. The hysteria from the left was far far worse than the measured and balanced comments from those of us who believe this current outbreak should be taken seriously.


Originally Posted by: Heavy Weather 2013 



 


"We have some alternative facts for you"
Kelly-Ann Conway - special adviser to the President
The Beast from the East
26 February 2020 10:06:08


 


I don't believe the statistics from India or Pakistan. At this juncture, we are supposed to entertain the idea that Pakistan is completely free of coronavirus,whilst there is a raging epidemic next door in Iran - that is for the birds.


 


Originally Posted by: Maunder Minimum 


I thought hot weather kills it off. No cases in South America or South Africa or Australia


And if children are not affected, why the hysteria about closing schools?


 


"We have some alternative facts for you"
Kelly-Ann Conway - special adviser to the President
The Beast from the East
26 February 2020 10:07:44


On the plus side (for young folk who want to buy) property could become a lot cheaper if we have a mega corona-cull. Supply and demand would be radically altered. 


Originally Posted by: Brian Gaze 


And hopefully lots of Tory Brexit voters will come off the register, permanently


"We have some alternative facts for you"
Kelly-Ann Conway - special adviser to the President
speckledjim
26 February 2020 10:09:47


 


I thought hot weather kills it off. No cases in South America or South Africa or Australia


And if children are not affected, why the hysteria about closing schools?


 


Originally Posted by: The Beast from the East 


I believe it’s UV that kills it off, not necessarily hot weather. 


Thorner, West Yorkshire


Journalism is organised gossip
The Beast from the East
26 February 2020 10:10:49

The lack of cases in India is interesting. Although IME workers there would be reluctant to tell their bosses they were dead.

Originally Posted by: Brian Gaze 


When Handjob tells UK workers to self isolate, is he going to compensate them with sick leave?


Many UK workers are now in the Gig economy, self employed or zero hours - if they don't work, they don't eat


That's the deregulated sweatshop economy the Tories want to inflict on the entire country. 


 


"We have some alternative facts for you"
Kelly-Ann Conway - special adviser to the President
Maunder Minimum
26 February 2020 10:12:27


When Handjob tells UK workers to self isolate, is he going to compensate them with sick leave?


Many UK workers are now in the Gig economy, self employed or zero hours - if they don't work, they don't eat


That's the deregulated sweatshop economy the Tories want to inflict on the entire country. 


Originally Posted by: The Beast from the East 


Why do you have to bring domestic party politics into this? This is not a party political issue, it is a public health issue.


New world order coming.
Heavy Weather 2013
26 February 2020 10:12:33

Oh dear, Oh dear: From the BBC Live Page


Iran's President Rouhani says "We have no plan to quarantine any district or any city. We only quarantine individuals."


Mark
Beckton, E London
Less than 500m from the end of London City Airport runway.
speckledjim
26 February 2020 10:17:59
Over the past 3 days more people have recovered from the virus than have contracted it. This is according to the stats we currently have.
Thorner, West Yorkshire


Journalism is organised gossip
The Beast from the East
26 February 2020 10:19:26


 


Why do you have to bring domestic party politics into this? This is not a party political issue, it is a public health issue.


Originally Posted by: Maunder Minimum 


But if you are a low paid worker with no rights and no sick pay, and the Govt tells you to stay at home, what are you going to do? Get a loan to pay the bills?, send your daughter out to work the streets?


This is the reality of Tory rule, but yes, the morons voted for this, so feck em!


 


"We have some alternative facts for you"
Kelly-Ann Conway - special adviser to the President
Maunder Minimum
26 February 2020 10:25:21


 


But if you are a low paid worker with no rights and no sick pay, and the Govt tells you to stay at home, what are you going to do? Get a loan to pay the bills?, send your daughter out to work the streets?


This is the reality of Tory rule, but yes, the morons voted for this, so feck em!


 


Originally Posted by: The Beast from the East 


It is the reality of any rule, since the gig economy is here to stay, whatever party is in government - unless Labour would prefer to throw these people completely out of work. I would anticipate that "stay at home" would not be strictly enforced (unlike in China) and would be advisory - those whose jobs depended on getting out, would continue to do so - same applies if you work in manufacturing or a steel works or something like that.


If you were forced to remain at home and not work, I would surmise that you could claim benefits.


Taking those who can work from home off public transport, would be sensible however, since it would reduce the rate of new infections.


New world order coming.
Maunder Minimum
26 February 2020 10:26:24

Over the past 3 days more people have recovered from the virus than have contracted it. This is according to the stats we currently have.

Originally Posted by: speckledjim 


True stats from Iran would no doubt reverse that trend.


New world order coming.
four
  • four
  • Advanced Member
26 February 2020 10:29:37


 


I thought hot weather kills it off. No cases in South America or South Africa or Australia


And if children are not affected, why the hysteria about closing schools?


 


Originally Posted by: The Beast from the East 


Not affected isn't the same as not carrying it.


speckledjim
26 February 2020 10:48:48


 


True stats from Iran would no doubt reverse that trend.


Originally Posted by: Maunder Minimum 


600 new cases and 2400 recovered so far today. True figures from Iran may change that but we don’t know so can only go with what we have. What we can say with assurance is that the trend for new cases is clearly dropping.


Thorner, West Yorkshire


Journalism is organised gossip
Saint Snow
26 February 2020 10:49:37


 


It is the reality of any rule, since the gig economy is here to stay, whatever party is in government - unless Labour would prefer to throw these people completely out of work. I would anticipate that "stay at home" would not be strictly enforced (unlike in China) and would be advisory - those whose jobs depended on getting out, would continue to do so - same applies if you work in manufacturing or a steel works or something like that.


If you were forced to remain at home and not work, I would surmise that you could claim benefits.


Taking those who can work from home off public transport, would be sensible however, since it would reduce the rate of new infections.


Originally Posted by: Maunder Minimum 


 


Given your 'rainbows and unicorns' idiocy around Brexit, I should have guessed you live here:


 




Martin
Home: St Helens (26m asl) Work: Manchester (75m asl)
A TWO addict since 14/12/01
"How can wealth persuade poverty to use its political freedom to keep wealth in power? Here lies the whole art of Conservative politics."
Aneurin Bevan
xioni2
26 February 2020 10:50:17

Over the past 3 days more people have recovered from the virus than have contracted it. This is according to the stats we currently have.

Originally Posted by: speckledjim 


Go away, we don't need reassuring data.

speckledjim
26 February 2020 10:52:51


 


Go away, we don't need reassuring data.


Originally Posted by: xioni2 


laughing


Thorner, West Yorkshire


Journalism is organised gossip
Gandalf The White
26 February 2020 10:55:57


 


I thought hot weather kills it off. No cases in South America or South Africa or Australia


And if children are not affected, why the hysteria about closing schools?


 


Originally Posted by: The Beast from the East 


We don't know that hot weather kills it off, nor the effect of UV. Either way it's not going to eradicate every single bit of virus.


Children may be unaffected - although I don't know if that's completely accurate - but they can be carriers.  Just like all the other bugs children carry back from school to siblings and parents, do you really want that risk?


There's a first case in South America with someone returning from Italy. 


Location: South Cambridgeshire
130 metres ASL
52.0N 0.1E


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