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    financial advice/restructuring

    It doesn't - perhaps if people read a few more makeovers of people who act responsibly with money, they might learn a thing or two. There is probably a personal section of this site where people like Liamo77 can go to get over their envy issues.
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    is it time to cut my losses

    I don't see what buying high, selling low is going to achieve for you, other than lock in losses at this point. If you feel that world economies have no where to go but down over the next 7 years of your investment window, or have an alternate investment that offers in your mind a higher return...
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    Investing in Gold

    If I may - if you're going to try sell this stuff here, at least let people know what they could have made on similar metal plays. 2009 Precious Metals Performance Gold - 25.04% Silver - 57.46% Platinum - 62.69% Palladium - 114.75% If you are going to pick a metal, may as well pick a...
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    Investing in Gold

    A few more days like today, and you'll be able to fashion them out of all that gold you're holding, as foil may look expensive in comparison.
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    Investing in Gold

    And here was poor ikkle me thinking that returns were a major factor in any investment decesion. Buy gold folks, who cares what it's price does. Meanwhile I'll be over in my "intellectually unsure" corner, "ignoring facts", and weighing up investment decesions based on a ratio of...
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    Investing in Gold

    Georgie - since you only joined in 2009, and every post you have ever made is related to gold, I do wonder if you are locked in a basement with a tin foil hat on :) The question asked was: So advising someone to stay away from the equity markets in early 2008, and also advising someone not...
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    Investing in Gold

    You recall incorrect sir. When you were shouting about $2000 oz gold here, gold was at $900. I pulled you on persistant comments of $2000, ignoring any possible downside. I mentioned that there could be a bubble, as many people here know on too well, bubbles are easily idenitified after the...
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    Investing in Gold

    I'm still waiting.
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    Investing in Gold

    I see you're still hawking this stuff. Fair play.
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    Teacher with multiple properties living on the breadline

    You are waaaay overexposed to one asset class. This is a highly dangerous way to achieve the goals you have set yourself. You have very little room to work with if things start to go wrong, be it with one of the partners having financial issues, of unforseen issues that you have not...
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    Need assistance.

    Re: Need assiatance. I'd love to hire more teachers, but the ones I have are paid so well, that I can't afford to. I'm not too good with numbers, but if I paid each teacher 25% less, would that mean I could employ 25% more, improving teacher/child ratios and improving our youth's chances for...
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    Need assistance.

    Age: 93 Annual gross income from employment or profession: Not enough - massive recent drop in income impacting me a lot... income of spouse: Not married Type of employment: Country - Ireland In general are you: (a) spending more than you earn - spending about 400 million a week more than...
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    Pension versus Mortgage Capital Repayments

    It shouldn't be seen as a choice. Both a pension and a house are necessary in the modern world. But house won't feed you when you are 65. Start a pension, and make capital payments on the home also if your finances permit. Average market returns are much higher that pervailing interest rates...
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    Cancel my PRSA or not?

    I'd say in the long run, probably be best to stick with it.....Judging by the graph, although if you can do better... The 0 figure must be wrong. Historical S&P 500 Index Stock Market ReturnsYear Return...
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    27 in negative equity - what should I focus on?

    In 5-10 years you should have a good chunk of what you owe paid off, regardless of what house prices do, so you should be well out of NE by then.
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    clear a car loan or hold onto money

    Why not sell the car, buy a banger, and boost your savings. Having a 23k car while facing redundancy seems a little excessive. Use this to get your financial house in order now in case of the worst. If the worst does not happen, you'll at least having savings that you can use more effectively.
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    Is Now The Time To Get A Fixed Rate Mortgage

    Were rates at historic lows 18 months ago?
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    Is Now The Time To Get A Fixed Rate Mortgage

    I am just wondering how all those people on variable rates expect to pay their mortgages when rates begin to rise. Rates are at historic lows, yet people don't feel then need to lock in. Being on a variable rate on a principal residence is gambling on having a roof over your family's head in...
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    havent paid mortgage in 6 months

    Another aam classic
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    Low income, cash lump sum soon, how do we manage our finances

    I'd imagine the 135,000 will probably have capital gains tax on it of 20% + costs, which may need to be figured into the calculations. (Someone's got to pay for all those overpaid PS workers :) Regarding how to use that money, a lot of that will depend on what the bank demand of you, and what...
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