Blanco Capital

@Hydes04 @DeltaSierra4 @jordw21 @GordonGekko @N97xoxo Is it harder now than older generations? If you look at the data, yes, it is. That being said the amount of information and resource we have that can help us is ridiculous. Be high skilled, work smart, invest. All anyone needs to do.

@BlancoCapital @DeltaSierra4 @jordw21 @GordonGekko @N97xoxo I agree, problem is we have to work 2/3x as hard to get ahead compared to previous generations - who might I add own a larger share of homes.

544 quid going into my pension from my salary is CRAZY I need that

@Hydes04 @jordw21 @DeltaSierra4 @GordonGekko @N97xoxo If you’re young enough you can still make decent wealth through a pension, you just need time invested to build wealth. I’m 26, I’m not gonna have a DB or final salary scheme pension. But I will have 30+ years of my own money invested and compounded.

@jordw21 @DeltaSierra4 @BlancoCapital @GordonGekko @N97xoxo Own all the houses, had ZIRP, kushty pensions, don’t have to compete against mass migration and unprecedented income and NI taxes. A pension is a privilege that we cannot rely on in anymore.

@Hydes04 @DeltaSierra4 @jordw21 @GordonGekko @N97xoxo I’m guessing I’m a similar generation to you. Best you can do is work hard and invest for your future. We can’t control the rest.

@DeltaSierra4 @jordw21 @BlancoCapital @GordonGekko @N97xoxo My generation will be too busy paying off the debt of previous generations to retire at 50.

@Hydes04 @ChrisNeeeiigghh @GordonGekko @N97xoxo Yeah an ISA isn’t more tax efficient. They’re great don’t get me wrong but you don’t get the tax relief that a pension offers. Particularly if you pay higher rate or additional rate tax, pensions are 👌🏻

@BlancoCapital @ChrisNeeeiigghh @GordonGekko @N97xoxo Stocks & Shares ISA? £20k tax free every year

@DeltaSierra4 @9characterslong @jordw21 @GordonGekko @N97xoxo Absolutely right, apologies I only skim read your previous reply and didn’t see spouse.

@BlancoCapital @9characterslong @jordw21 @GordonGekko @N97xoxo Even after 2027 it still passes to your spouse tax free if they are the defined beneficiary. It is captured in the estate for IHT purposes but that's where the surviving spouse can act to mitigate IHT

@ChrisNeeeiigghh @GordonGekko @N97xoxo What’s more tax efficient then? Because there isn’t anything more tax efficient than a pension.

@BlancoCapital @GordonGekko @N97xoxo "Most tax efficient" Only if salary sacrifice. Otherwise not the most tax efficient.

@DeltaSierra4 @9characterslong @jordw21 @GordonGekko @N97xoxo Yep until 2027, then it gets lumped into your estate for IHT purposes. Even still, pensions are a great tool.

@9characterslong @jordw21 @BlancoCapital @GordonGekko @N97xoxo That's not the case. When you die your personal pension passes to your spouse tax free

@ChrisNeeeiigghh @GordonGekko @N97xoxo Not really. You don’t need salary sacrifice to build wealth in a pension. You just need time.

@BlancoCapital @GordonGekko @N97xoxo Only if they are salary sacrifice of course.

@jordw21 @GordonGekko @N97xoxo Firstly, you get basic rate tax relief - that’s effectively free money. Secondly, you get further relief if you’re HR or AR tax payer. Thirdly having an arbitrary age for access is not always a bad thing, means more years for untouched compounding.

@BlancoCapital @GordonGekko @N97xoxo You're ploughing in money into a scheme where the government tells YOU when you YOUR money is unlocked at an arbitrary age they get to decide and you're not even beating the money supply. It's a scam.

@GordonGekko @N97xoxo It’s pretty dangerous saying pensions are scams. They are the most tax efficient investment vehicle in the UK. Pensions are good to have.

@N97xoxo Pensions are a scam. Opt out ASAP.

@MKDonsFC Big Marv is one clutch player. Late push for golden boot?

Full-Time! ⏹️ #MKDons see off Swindon to stay second in League Two 👊 #SWIMKD 1-2 | #COYD

@pjwilliamsmk To me this isn’t our most impressive stat. It’s the other side, goals conceded. The last 3-4 seasons we’ve conceded a stupid amount of goals and finally we’ve sorted that out.

MK Dons record for most league goals in a season is 101 in 2014–15. 2.20 goals per game. This season MK Dons are currently at 2 goals per game, on course for the 2nd highest number of league goals in a season. This is already MK Dons 5th highest scoring league season.

@_jaylawrence @londonHenryGB @FinanceTiger It’s an interesting point but, I know a lot of people where their degree hasn’t helped at all and the earn a decent chunk. Or they have a degree and don’t earn a lot. Either way the system is broken from that perspective

@londonHenryGB @FinanceTiger How much did your degree contribute to you getting your job?

Just don’t sell them mortgages!!

@CromRedoubt @PositivFuturist Fair play. I too wouldn’t say that a banking licence is routine admin. If it were, everyone would have one. But you’d imagine within 18 months a proper institution should be able to acquire one.

@BlancoCapital @PositivFuturist I agree regs are glacial but a badly argued argument is just a bad argument

An age where a routine administrative procedure is so difficult it merits celebration and a pumping of your share price.

@CromRedoubt @PositivFuturist You’re absolutely right, but 4 years does seem a bit mad. Typical UK environment, takes months and years to do anything.

@PositivFuturist But a facetious argument. Getting a banking license has never been something you can do in an afternoon

@Heccles94 What about all the people that work at Asda or Primark? Normal everyday people. Those companies are owned by billionaires. Billionaires obviously create jobs, how on earth do you think they made their billions???

Billionaires do not create jobs. Stop saying it. Without billionaires, we would still build things, design things, teach things, sell things, buy things. Billionaires capitalise profits. That's it.

@MKDonsFC Peaking at the right time. What a performance from the lads!

Full-Time! ⏹️ #MKDons put on a five-star performance to beat Gillingham at Priestfield! ⭐ #GILMKD 1-5 | #COYD

@MKDonsFC We are just going to win the league aren’t we

Half-Time ⏸️ What an opening 45 minutes in Kent! 🙌 #GILMKD 0-3 | #COYD

@BMSInvests Fair play, what was the catalyst that gave you the conviction?

Going all in on $ONDS changed my life. The next leg up will be legendary.

@TeachesPrimary @MartyFullardUAE @TheDeckEFL Can’t be an English teacher then. ‘All available tickets’ implies that not all 30k were for sale. ‘Available’ being the key word.

@BlancoCapital @MartyFullardUAE @TheDeckEFL Yep. How are 16000 free tickets given away in a 23k crowd a 'sell out' in a 30000 seater?

Sensational 😂😂 #MKDons