tag:blogger.com,1999:blog-14874528.post1956891056002641779..comments2024-03-27T13:32:06.780-02:30Comments on The Other Side of Eighty: Money, Money, MoneyWisewebwomanhttp://www.blogger.com/profile/15281689872840844191noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-14874528.post-82476171048638999902009-01-13T13:07:00.000-03:302009-01-13T13:07:00.000-03:30Conor:Oh I think you are doing the right thing. If...Conor:<BR/>Oh I think you are doing the right thing. If not now, when? I hope your pension fund isn't invested in the stock market?<BR/>XO<BR/>WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-35409364843519548882009-01-13T09:25:00.000-03:302009-01-13T09:25:00.000-03:30I am planning to quit my job at the end of summer ...I am planning to quit my job at the end of summer and use my pension fund to travel the world for a year. I'm sure nobody would recommend this but I can't help thinking iot's the right thing to do :-)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14874528.post-88507817849796810162009-01-13T04:18:00.000-03:302009-01-13T04:18:00.000-03:30QR:Or converting to gold bars might be even better...QR:<BR/>Or converting to gold bars might be even better! I wish I knew how!!<BR/>XO<BR/>WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-62307244647729764522009-01-13T04:17:00.000-03:302009-01-13T04:17:00.000-03:30Tessa:I know what you mean, one of my cousins in D...Tessa:<BR/>I know what you mean, one of my cousins in Dublin is taking in boarders.<BR/>That taxi driver was very very wise.<BR/>XO<BR/>WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-28018293085187744562009-01-13T04:16:00.000-03:302009-01-13T04:16:00.000-03:30Nick:yes it is something to reflect on, isn't it? ...Nick:<BR/>yes it is something to reflect on, isn't it? Thanks<BR/>XO<BR/>WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-29867065333510068192009-01-13T04:15:00.000-03:302009-01-13T04:15:00.000-03:30GM:Like you, I was brought up in a house of very f...GM:<BR/>Like you, I was brought up in a house of very few luxuries and was taught how to make do with very little. Those skills will see us through, unlike the young of today (and some not so young).<BR/>XO<BR/>WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-18621746692192183432009-01-13T04:11:00.001-03:302009-01-13T04:11:00.001-03:30Hull:Me too, the best investment one can make!XOWW...Hull:<BR/>Me too, the best investment one can make!<BR/>XO<BR/>WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-39539564452782015652009-01-13T04:11:00.000-03:302009-01-13T04:11:00.000-03:30Nick:I think with the jobless rate climbing by the...Nick:<BR/>I think with the jobless rate climbing by the week there will a corresponding slump in the RE market.<BR/>I can't see a "correction" happening any time soon!<BR/>XO<BR/>WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-44885273636722098412009-01-13T04:09:00.000-03:302009-01-13T04:09:00.000-03:30Welcome CB!I have clients that were treated shamef...Welcome CB!<BR/>I have clients that were treated shamefully by RBC and sympathize with you.Wisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-26423159441713255072009-01-12T23:08:00.000-03:302009-01-12T23:08:00.000-03:30I've never been too aggressive or much of a risk t...I've never been too aggressive or much of a risk taker so I haven't been overly burned. Seems like the old Irish habit of stuffing the money under the mattress was wise after allPaddy in BA (Quickroute)https://www.blogger.com/profile/12748161252400814925noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-20348812382728780772009-01-12T21:47:00.000-03:302009-01-12T21:47:00.000-03:30You are indeed a wise woman. Unfortunately, we did...You are indeed a wise woman. Unfortunately, we did get caught in the tsunami; but we're debt-free and own our house, so we'll survive. I fear terribly for so many of my friends, especially in Ireland, who kept re-mortgaging as their house values sky-rocketed. A few years ago, I remember a Dublin taxi driver telling me that it was only a matter of time before they all woke up to find that the wolf was not at the door, but in the kitchen having pups.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14874528.post-20379997601382477062009-01-12T19:24:00.000-03:302009-01-12T19:24:00.000-03:30Oh and I meant to say, loved the quotation. I've n...Oh and I meant to say, loved the quotation. I've never come across it before.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14874528.post-47300809629018356502009-01-12T18:06:00.000-03:302009-01-12T18:06:00.000-03:30I always loved that Arne Garborg quotation. Like ...I always loved that Arne Garborg quotation. Like you I think we are a long way from bottoming out.<BR/><BR/>At least we older folk remember lean years and will put the experience to good use.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14874528.post-37449595175229030572009-01-12T14:50:00.000-03:302009-01-12T14:50:00.000-03:30I enjoyed the quotation about money, it gave me ne...I enjoyed the quotation about money, it gave me new food for thought. Over the years, I have invested heavily in self awareness and spirituality. Now it is paying dividends, because I do have peace of mind.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14874528.post-2608746058586053652009-01-12T14:17:00.000-03:302009-01-12T14:17:00.000-03:30Oh, I didn't mean we're buying a house as an inves...Oh, I didn't mean we're buying a house as an investment. We're moving into it (hopefully) because as you say we can afford it and it's a lovely house. But I think house prices are bound to go up again because demand always greatly exceeds supply. I don't know about Newfoundland or Toronto but in the UK there's a big rise in new households because of divorce, couples living in two houses, people wanting to live alone etc.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14874528.post-27885739140980484922009-01-12T13:16:00.000-03:302009-01-12T13:16:00.000-03:30Yes T:I feel for all who were so hookwinked in the...Yes T:<BR/>I feel for all who were so hookwinked in the past few years and are now left destitute and homeless.<BR/>I feel very fortunate also.<BR/>XO<BR/>WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-47903405686033522012009-01-12T11:49:00.000-03:302009-01-12T11:49:00.000-03:30I feel very lucky to have had a good government jo...I feel very lucky to have had a good government job for long enough to get me a second pension to go with my UK state pension.<BR/>The value of these has dropped recently with the pound to dollar exchange sliding, but it was good while the boom of two for one lasted!<BR/><BR/>I feel for those in the USA with no such advantages. My income isn't huge, but it's at least reliable, and we won't starve.Twilighthttps://www.blogger.com/profile/14138621610593773784noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-58667096389643200472009-01-12T11:26:00.000-03:302009-01-12T11:26:00.000-03:30Some have it, Nick, that the days of buying a hous...Some have it, Nick, that the days of buying a house for investment are over.<BR/>I think buying a house because we love it and can afford it easily and it will enhance our lives should be the only reason to acquire it. Then no one is disappointed when equity doesn't budge or plummets.<BR/>Good for you and your banking. I wish such banks were here.<BR/>XO<BR/>WWWWisewebwomanhttps://www.blogger.com/profile/15281689872840844191noreply@blogger.comtag:blogger.com,1999:blog-14874528.post-54577265571309438862009-01-12T11:04:00.000-03:302009-01-12T11:04:00.000-03:30You were obviously very sensible to put your money...You were obviously very sensible to put your money into a smallholding and get out of dodgy investments. Interest rates on savings in the UK have plummeted, they're heading for zero.<BR/><BR/>Jenny and I are planning to put our cash into a bigger house, which may have crashed in price recently but will gain value again over the years.<BR/><BR/>We have some cash in the Co-operative Bank, which only invests in ethical businesses and avoids all the grubby ones.Anonymousnoreply@blogger.com