Nathan Jones

@TheSecretAcct @bagshaw2112 Jetski and Tannoy also come to mind...

@bagshaw2112 Yes and I call a vacuum cleaner a Hoover.

I know I do ?? 😳😳

@NJM71 @dontdelay I always says this about myself. I wish I had someone to explain all of this to me when I was much younger and my son is lucky to have me 😉

@dontdelay @NJ_BlueWealth Anyway, my point is that there's not a lot of help out there for younger people just starting out, unless they know someone personally to guide them. Financial advice for people with small pots is non-existent.

People often look at pension contributions backwards Save young we’re told. What, when our earnings are lowest, money most stretched, and tax relief the lowest? How about we see it as 1,000 slots of £1,000 to be filled up and hit £1m before we retire. Some through contributions Some through growth Some through tax relief Why fill up slots with low rates of tax relief if you expect to be a higher rate tax payer later? Why fill up slots with low risk bond investments when you are young, when higher risk equity investments will fill more slots themselves And why contribute to children’s pensions and take away access to that money for 50+ years with no additional reward?

@NJM71 @dontdelay Agree 👍 another issue in itself

@dontdelay @NJ_BlueWealth I understand what you're both saying and think young people should at least contribute the minimum in a workplace DC to get the employer matching contribution, but more importantly - how many young people would even understand the points you've both raised ... ?

@dontdelay Totally agree. Balance is key. I suppose whilst he is at home he can smash out some contributions, save towards house deposit and enjoy a good social life. The this will allow him to reduce conts if required when he buys a house. Compounding over 40 yrs is huge whether ISA/SIPP

@NJ_BlueWealth I'm not saying nothing, I am saying don't over stretch yourself. I wish I hadn't contributed so much when I was young Was painful staring at a big pension pot when RDR meant my bank advice job would end and I had a young family and a wife working less

@dontdelay I take your mantra....dont delay 😉

@dontdelay But by contributing ''something' now it means not having to put as much in later due to compounding. Yeah ISA/LISA too, but by not matching match ER conts is chucking money away too. NEST is just one scheme there are options for higher equity everywhere. Child pension agree..

@dontdelay I will add he also saves into a LISA for house deposit and also had a good social life/holidays etc. I suppose it depends on personal circumstances but if affordable, I dont see an issue in using as much as possible.

@dontdelay More of it will need to be from contributions, rather than growth if you delay? Not sure meaning of low risk bond investments when young? My son has been working since 16, he lives at home with me and has more disposable income now so is taking advantage of employer match.

@SmartSacks @parmenionuk Ah Victor, we had a few there from Blue Wealth today I would have told them to say hi and call it a day early with you...🤣

Anyone getting away from their desks today and heading to @parmenionuk gathering at the Cutty Sark? Will I be Billie Nomates? 😬

@FanaticsCollect @Topps 🤞

🚨 GIVEAWAY 🚨 We're giving away a FREE box of 2025 Topps Chrome Disney! To Enter: • Like this post • Follow @FanaticsCollect & @Topps That's all...good luck 🔥

@dontdelay Remind me when pension simplification was again 🤣

Possible tax charges on defined contribution (DC) pensions if the member dies over the age of 75. From 2014 to 2027 2014 55% 2015 0% 20% 40% 45% 2027 0% 20% 40% 45% 52% 64% 67% All depends on the size of the deceased's estate, whether they were married or in a civil partnership, and the tax rates of their beneficiaries.

@mesut_aju @respawnedtarga1 @Teeits1 You obviously haven't included reinvested dividends?

@respawnedtarga1 @Teeits1 Inflation has gone up by 84% and the ftse 100 has done 31% in that time. I’m working on my master’s thesis rn and it’s showing that inflation is actually growing at a faster rate than most traditional inflation hedges.

The £ has lost 46% of its value since 2006 meaning £100k today has the same purchasing power as £54k in 2006 🤣🤣🤣 we have been absolutely screwed as a generation

@RpsAgainstTrump Yet we never hear when trillions are wiped 'on' the market....as you were

BREAKING: Over $1.1 trillion was wiped out from U.S. markets today, marking the worst week since April. Are we great yet?

Hey, @grok, who was the most famous person to visit my profile? It doesn't need to be a mutual, don't tag them, just say who it was.

@Tess_invests Coffee Creme (devastated they removed these), Caramel Keg, Plain Chocolate miniature.

Name your top 3

Rhodes old town today...

Trip to Symi Island from Rhodes old town, followed by a stop in St George's Bay...lovely spots

Feeling old....kids growing up way too fast!! First hols with the boy 18....could be interesting with the all inclusive 😂

@SmartSacks I'm gonna give him the benefit of the doubt that it was skill. Certainly looks like it

@NJ_BlueWealth Skills... Or luck 😂

I've watched this about 10 times and still can't get my head around it. Unreal....