oldie
Crazy Mango Extraordinaire
Posts: 5,749
Likes: 4,569
|
Post by oldie on May 4, 2023 5:32:33 GMT 7
Does anyone have any suggestions for retirement. I'm thinking I can get 4 cups of tea from a single teabag if I hang out in the clothesline between drinks to dry out. Has anyone heard of this mob, or something similar... www.maxironwealth.com.au
|
|
oldie
Crazy Mango Extraordinaire
Posts: 5,749
Likes: 4,569
|
Post by oldie on May 4, 2023 5:36:28 GMT 7
They look alright, but this but has me a bit worried, especially in this day and age of uncertainty.
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,232
Likes: 5,242
|
Post by chiangmai on May 4, 2023 7:09:57 GMT 7
They look alright, but this but has me a bit worried, especially in this day and age of uncertainty. I hope you are joking. That doesn't look like something a retiree should get involved in.
|
|
oldie
Crazy Mango Extraordinaire
Posts: 5,749
Likes: 4,569
|
Post by oldie on May 4, 2023 7:21:47 GMT 7
They look alright, but this but has me a bit worried, especially in this day and age of uncertainty. I hope you are joking. That doesn't look like something a retiree should get involved in. I was actually serious. They are externally audited twice a year. The fine print was turned me off. Thanks for your advice. I'll give them the miss.
|
|
oldie
Crazy Mango Extraordinaire
Posts: 5,749
Likes: 4,569
|
Post by oldie on May 4, 2023 8:12:08 GMT 7
They look alright, but this but has me a bit worried, especially in this day and age of uncertainty. I hope you are joking. That doesn't look like something a retiree should get involved in. If it isn't a stupid question. What's the difference between someone in their sixties and someone in their thirties losing a million quid? If my misses has some spare cash lying around, should she risk it with this mob?
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,232
Likes: 5,242
|
Post by chiangmai on May 4, 2023 10:52:53 GMT 7
I hope you are joking. That doesn't look like something a retiree should get involved in. If it isn't a stupid question. What's the difference between someone in their sixties and someone in their thirties losing a million quid? If my misses has some spare cash lying around, should she risk it with this mob? Not stupid at all. A 30 year old can lose a million and still have 30 years of working/investment life to get that million back again, statistically, a 60 year old may not have that luxury. The old school of thought is that once a person reaches retirement age and they have built up their pension pot, they should reduce risk and put the money into safer investments such as mutual funds. I say old school of thought because poor returns over recent years have left many people with fewer alternatives than to assume more risk. The decision to remain with high risk investments is a personal choice but it needs to be taken in full light of all the options, facts and risks.
|
|
oldie
Crazy Mango Extraordinaire
Posts: 5,749
Likes: 4,569
|
Post by oldie on May 4, 2023 11:54:48 GMT 7
If it isn't a stupid question. What's the difference between someone in their sixties and someone in their thirties losing a million quid? If my misses has some spare cash lying around, should she risk it with this mob? Not stupid at all. A 30 year old can lose a million and still have 30 years of working/investment life to get that million back again, statistically, a 60 year old may not have that luxury. The old school of thought is that once a person reaches retirement age and they have built up their pension pot, they should reduce risk and put the money into safer investments such as mutual funds. I say old school of thought because poor returns over recent years have left many people with fewer alternatives than to assume more risk. The decision to remain with high risk investments is a personal choice but it needs to be taken in full light of all the options, facts and risks. Thanks. I figured it was something like that. So that counts me and the misses out. We're looking at another "recession we have to have" this year.
|
|
siampolee
Detective
Alive alive O
Posts: 14,071
Likes: 8,903
|
Post by siampolee on May 4, 2023 14:08:35 GMT 7
When one reads that advertising blurb it is plain to see they are playing with other people's money with no risks to them, Wouldn't touch it with yours let alone mine
|
|
rubl
Crazy Mango Extraordinaire
The wondering type
Posts: 23,549
Likes: 8,911
|
Post by rubl on May 4, 2023 14:41:23 GMT 7
On my LinkedIn account I regularly get "people who looked at your profile". More and more it's by people who work in the "investment area". "medical area" or just plain retirement funds. Some even PM "please add me to your network"
|
|
oldie
Crazy Mango Extraordinaire
Posts: 5,749
Likes: 4,569
|
Post by oldie on May 4, 2023 15:29:10 GMT 7
When one reads that advertising blurb it is plain to see they are playing with other people's money with no risks to them, Wouldn't touch it with yours let alone mine Thanks for that clarification Siam. I've heard the saying "when doing financial things, pretend your money is someone else's" The same as sexual things. Pretend your thing is someone elses.
|
|
oldie
Crazy Mango Extraordinaire
Posts: 5,749
Likes: 4,569
|
Post by oldie on May 4, 2023 15:33:31 GMT 7
If it isn't a stupid question. What's the difference between someone in their sixties and someone in their thirties losing a million quid? If my misses has some spare cash lying around, should she risk it with this mob? Not stupid at all. A 30 year old can lose a million and still have 30 years of working/investment life to get that million back again, statistically, a 60 year old may not have that luxury. The old school of thought is that once a person reaches retirement age and they have built up their pension pot, they should reduce risk and put the money into safer investments such as mutual funds. I say old school of thought because poor returns over recent years have left many people with fewer alternatives than to assume more risk. The decision to remain with high risk investments is a personal choice but it needs to be taken in full light of all the options, facts and risks. So now I have to Google "mutual funds". Thanks CM. Regards a fat, financially dumb kant on the verge of retirement.
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,232
Likes: 5,242
|
Post by chiangmai on May 4, 2023 15:59:07 GMT 7
|
|
oldie
Crazy Mango Extraordinaire
Posts: 5,749
Likes: 4,569
|
Post by oldie on May 4, 2023 16:03:49 GMT 7
5% is fine with us. Thanks CM.
|
|
siampolee
Detective
Alive alive O
Posts: 14,071
Likes: 8,903
|
Post by siampolee on May 5, 2023 10:36:10 GMT 7
Tread carefully oldie, remember when retired you are no longer the boss...
ADVICE FROM A RETIRED HUSBAND...
It is important for men to remember that, as women grow older, it becomes harder for them to maintain the same quality of housekeeping as when they were younger. When you notice this, try not to yell at them. Some are oversensitive, and there's nothing worse than an oversensitive woman.
My name is Ron...
Let me relate how I handled the situation with my wife, Carol. When I retired a few years ago, it became necessary for Carol to get a full-time job, along with her part-time job, both for extra income and for the health benefits that we needed. Shortly after she started working, I noticed she was beginning to show her age. I usually get home from the golf club about the same time she gets home from work
Although she knows how hungry I am, she almost always says she has to rest for half an hour or so before she starts dinner. I don't yell at her. Instead, I tell her to take her time and just wake me when she gets dinner on the table. I generally have lunch each day in the Men's Grill at the Golf Club, so eating out is not an option in the evening. I'm ready for some home-cooked grub when I hit that door.
She used to do the dishes as soon as we finished eating. But now it's not unusual for them to sit on the table for several hours after dinner. I do what I can by diplomatically reminding her several times each evening that they won't clean themselves. I know she really appreciates this, as it does seem to motivate her to get them done before she goes to bed.
Another symptom of aging is complaining, I think. For example, she will say that it is difficult for her to find time to pay the monthly bills during her lunch hour. But, boys, we take 'em for better or worse, so I just smile and offer encouragement. I tell her to stretch it out over two, or even three days. That way, she won't have to rush so much. I also remind her that missing lunch completely now and then wouldn't hurt her any (if you know what I mean). I like to think tact is one of my strong points.
When doing simple jobs, she seems to think she needs more rest periods... She had to take a break when she was only half-finished mowing the front lawn. I try not to make a scene. I'm a fair man. I tell her to fix herself a nice, big, cold glass of freshly squeezed lemonade and just sit for a while. And, as long as she is making one for herself, she may as well make one for me, too.
I know that I probably look like a saint in the way I support Carol. I'm not saying that showing this much patience & consideration is easy. Many men will find it difficult. Some will find it impossible! Nobody knows better than I do how frustrating women get as they get older. However, guys, even if you just use a little more tact and less criticism of your aging wife because of this article, I will consider that writing it was well worthwhile. After all, we are put on this earth to help each other.
EDITOR'S NOTE: Ron sadly died suddenly on January 31 of a perforated rectum. The police report says he was found with a Calloway extra-long 50-inch Big Bertha Driver II golf club jammed up his rear end, with barely 5 inches of grip showing, and a sledgehammer laying nearby.
His wife Carol Anne was arrested and charged with murder. The all-woman jury took only 10 minutes to find her Not Guilty, accepting her defense that Ron, somehow without looking, accidentally sat down on his golf club.
|
|
oldie
Crazy Mango Extraordinaire
Posts: 5,749
Likes: 4,569
|
Post by oldie on May 17, 2023 15:39:49 GMT 7
I think I've made it into the Guinness World book of records. Retired 4am Wednesday, reemployed 8am Thursday. Feeling loved and wanted.❤️💩
|
|