₦airaland Forum

ToyosiR:
Hello all,

Is there any disadvantages to having locks to my room doors?

Asked same when I bought and was surprised the doors didn't have any. Fire hazard I think. Reason why main doors and upstair windows would include a keyless escape.
In the event of a fire or an emergency, people should be able to move unencumbered within the house

Goke7:
That's political suicide na! The reason his party members are questioning his stance on Labour values and that we now see a spin-off of another party from the Labour party. At the end, they are dividing their votes for the opposition to win easily, like Labour benefited from the division of votes from the Tories.

Asides from the free school meals, VAT on school fees and perhaps expanding inheritance tax on farmers, I struggle to see the core labour values he's championing. Public funds are stretched and reduced migration/student numbers would sure put more pressure on public finances.
The retreats haven't looked good and he'd be careful to hold on to what's left of recent changes.

Someone called it a managed decline.

Lexusgs430:
With stock market investments, you just don't keep buying and comot face....... You rebalance your portfolios, the same way we rebalance marital relationships........ 😂😁🤣

Hehe.. so I gather. I never master the skill of looking at end of year statements e.t.c and plotting the next move. Na why I do buy and forget with index. I wan dey sleep with 2 eyes closed. I have enough active in crypt0 etal.
By the way, our NSE has been going parabolic. You dey also look that way?
Good for local investors and hope it feeds into our economy.

Goke7:
This our Oga starmer don dey resemble kasongo! 😂

He's pissed off alot of groups in his efforts to chase votes that may not vote for him.

The winter fuel payments characterised what governments have to deal with. Pensioners are not ready to give up a penny. Imagine if the triple lock was touched.

Once he reversed on winter fuel, groups against wellfare reform became emboldened and for the right reason.

In all, it's only his immigration reform that may stick and migrants dont have folks fighting for them. And as with many rapidly put up plans, there'd like be unforseen and unpalatable consequences that'd become obvious with time

Lexusgs430:
You see when I said no risk, no rewards..... Check what #TSLA is doing...... 👆👆💚👆👆

Hehe. High risk, high reward.
Though it may seem a good entry, I just find the narrative around it too much. Index I bought in Dec are back in profit and I can sell and retain capital gains. If na TSLA, na everyday calculation

Lolli2pop:
Hi which trading platform do you use? And why

I dont trade.
I use a few platforms but Investengine seems decent for most bits

Story for the gods.
He's looking for a sympathetic story to his cause and many are buying it

RodgersAkpafu:
Trump is playing with fire 🔥
If Elon Musk throws in just 100m into this upcoming midterms
He will be so humiliated in the mid terms

and having no more terms to go, he will be a lame duck as early as late next year

Hehe.. Elon should be sensible enough to avoid locking horns with a president like Trump moreso with the current state of TSLA globally.

Successful businesssmen all over the world know the difference between political and financial power. Even the tech bosses bending the knee likely disdain Trump

I hear he is looking to start a new party - good for him and his followers cos it'd be too early to go back to the Dems

Lexusgs430:
What I see, is an opportunity to load up on #TSLA...... 😁😂

Hold, wait, jump ship...... 🚢🤣😁

Truth be said, I was looking at #TSLA the other day and wondered if to break ranks and take a bite with my 'risk portfolio' but mind no gree me- hands are tied too. Im curious .. what do u really think of TSLA?

Markets have been good though.
Kudos to the person who filled their ISA on April 6. Chap is over 20% up and counting.

Goodenoch:
The sweetest thing about this latest Muck v Rump catfighting is how Rump has now joined in emphasizing that Musk's "home" is actually in South Africa.

Before it was just fringe far right figures that talked about how Musk is actually an immigrant himself (and in some cases said he should be deported) but now Trump has joined in too.

There's a lesson here for those who care to take note.

https://www.ndtv.com/world-news/donald-trump-threatens-to-slash-tesla-subsidies-elon-musk-tell-him-to-cut-it-all-8806183/amp/1

Hehe... it's brewing and getting hot despite Musks earlier apology. Not got to the extent Musk is even threatening officials with their reelection. Classic case of bringing some termite infected wood home. In Trumps first tenure, virtually all his inner circle came out to denounce him. I don't think this would be different. Folks who hoped Trump would help fight their enemies might just become targets afterall.

gabiomoesu:
It’s actually the fact that the company is a separate legal entity from me that I want to leverage here, to both make the sponsorship route legitimate and ensure I fall outside the scope of IR35. To be frank, I hadn’t even considered the option of opting out of the pension scheme, so thank you for bringing that up. I’ll definitely look into it.

As someone added, there appears to be a pathway which although unknown to me (as of when I checked), doesn't surprise. The explanation is sensible.
You mentioned concerns about being able to get the required pay. If your pay as a contractor can cover the costs, then why not.

Hehe @ all your eggs in one basket. You're not alone and I wish you the best.
Good luck and keep us posted. If successful, others might explore that.

It seems Starmer would once again backtrack on many aspects of the benefits review.

So far 4 areas the government has looked to raise funds

1. Ammendment to inheritance tax for farmers - held

2. Winter fuel issue- failed

3. Immigration review- (longer and more expensive) - might likely scale thru as we dont have a strong enough lobby/voting block.

4. Benefit review- unlikely to pass.

With Reeves insistent on not borrowing more that 100% of gdp and state benefit costs (incl pensions) rising yearly, I wonder where all the money for investments would come from.

A good quote I came across recently- still trying to balance a tripod on 2 legs: 'The UK wants American levels of taxation, with Nordic public services and Japanese demographical hegemony.'

ehizario2012:
Hopefully we get it right someday. Our innate ability is never in doubt, but there's something missing somewhere.

As you think there is an issue, what do you think are the solutions?

There is a cycle to most things in life

gabiomoesu:
Hi guys. I’m hoping to get advice on starting a company in the UK this July, doing genuine business (i.e. trading), applying for a sponsor licence, and eventually sponsoring myself, ideally by November or December this year. I’m wondering if anyone here has experience with something like this, or even just running a small business in the UK.

Your ltd co can't be your primary sponsor.

Also, your company is a different legal entity from you. That your company makes 50k does not mean you make 50k. You company also needs to meet the IR35 criteria to be regarded as one. This is something the organisations you work for would sort.
You only 'make' what you take as benefits from the company- salary, dividends, loans, e.t.c
You'd only pay NI to the tune you pay yourself a salary.
If you pay yourself a salary, you can opt out of pensions if you wish.

If you don't think it's realistic to get the salary threshold in your sector, while still applying, you might consider pivoting to a different role or leveraging your experience here to seek opportunities in other nations. Not easy, but worth having a backup plan.

ehizario2012:
Hi friends. So what I'm currently having (from two paid mortgage advisors, £499 and £699 fees) is £6.4 for 2 years fixed term and 6% for 5 years fixed term. The lender is looking more like principality... Is this what's prevailing?? The rates look high. We discussing 5% deposit at this time. Cheers all.

Those fees are quite high for a mortgage advisor or are you looking at product fees or what the lender would pay your advisor? Haven't come across anyone who paid a broker a fee for a residential mortgage. I know some charge a fee but its not the norm

Also 6% is high, even at the peak of covid, I wouldn't have gone for that. Main driver is your deposit. How long do you think it'd take you to get your deposit to 15% (if prices stay thesame or rise slowly)?

lavida001:
Where have I said I feel inferior?

lavida001:
The earlier you know your place the better. If you are not happy right to your MP and I’d like to see what that will get you. They are the majority and they will always have their way. ....

lavida001:
...Better just take what they give you. Don’t forget you said you came here because of your kids future.

Your quoted responses to people raising concerns on an issue that'd disproportionately affect them shows quite clearly how you think and where you believe your place is. Your proclivities are not new- in Nigeria, it'd take the form of 'go back to your village', 'you are not an indigene' e.t.c.. Like I said, I'm not looking to convince you.

Also go easy with the ad-hominem. The world is for living and I sure know my place in it.

lavida001:
This is you in denial again.

When does Saying the truth becomes self hate?

I will continue to preach the gospel, you can spin it the way you choose.

Hehe. Again, I'm not trying to convince you. You know yourself more than anyone and if you believe yourself to be inferior, then it's possible you're seeing something others are not. Where I draw the line is when you seek to extend that thought process to others.

By the way, if your daughter returns from school with torn clothes, reporting she was beaten up, and told she was of lower value- what would you do?

Lexusgs430:
No be small tin o...... 🤣

What would this type of visa be labelled as.......

Loneliness buddy required, apply within COS available...... 🤣😂

Lol
Loneliness and emotional support visa.... another pathway to longterm stay.

Charts that tell a story.

If these young fellas are asked what happened, many would tell tales of how useless the NHS is and how its failed them. Yet this is one of the richest large nations in the world with so much opportunity.

lavida001:
They hate to hear this but this evidence is clear.

Africans choose to live in denial rather than confront the truth in front of us. Length and breadth of Africa not a single country to look up to in development/ real change.

In this world, things happen in phases with some stints lasting several hundred years.

Self hate is not the solution to development.

Goke7:
Migrants will soon be blamed again for the drop just watch and see.

I remember some time ago here where we discuss the drop in university enrolments, migrants too were blamed here for no longer having enough money to japa because of forex issues 😂 na we Dey cause everything both increase and decrease!

Lol. They should provide scholarship na.

On this, they would say na our many diseases wey we carry come from Africa no dey gree us do chuku-chuku.

We do - wahala. We no do -wahala.

Lexusgs430:
Out of 50 childless people(geriatrics) I have been privileged to speak to, when life changing health decisions are required....... I would say about 45 of them, regretted not having a child or children......

Each to their own...... 😊😂

Hehe... loneliness no be small thing - it tortures slowly. There is manytimes a marked difference between old couples living together and those living alone esp if no kids come around. Na healthcare workers go be their main source of human contact.

Imagine living all by ones self with limited mobility in a 3 bed house. The government should pay people to provide lonely old folks company - another visa sponsorship wahala be dat.

airsaylongcome:
By “rent”, I’m guessing you are referring to residential rental. Commercial buildings are also rented out. I’m being pedantic, I apologise but it’s an OCD you’d have to forgive.

And I’m totally with you about it not being flash. Heck let it be dull sef. But let it be durable and up to standard. It’s gotten so bad that for basic stuff like electrical outlets like switches and sockets, I have considered buying from the UK. That’s how terrible our standards have become. You’d see someone say, The socket is “touching”! What the gell does “touching” mean for chrissake. That’s partial contact which is a precursor to a possible electrical fire. And we are happy to say “e dey touch”. Let’s not even get started about plumbing. Or the terribly annoying widespread use of MDF and HDF for furnishing. Like what?! What happened to original plywood? And hardcore timber (and “caliber” lol). I dunno, maybe I’m from the old school, but standards are completely lost in the building industry (and many others in Nigeria). And it’s not like I’m “old” o. 50 years is still very very far from me (not like 50 sef is old)

Hehe...
Manytimes its the cost, lack of proper oversight and access to credit.

I'm involved in a building project and recently got quotes for doors. Even me wey dey find solid timber had to recalibrate. Cost of everything is just thru the roof

Interesting message I received of late.

It then occured to me how a few years ago, migrant pupils were blamed here for saturating the school system and preventing 'British kids' from getting choice slots. So soon after numbers dropped, effects are being felt. How long before this makes it way higher up the school system?

Gerrard59:
Yes, modern people are opting for fewer children, but so far, the statistics globally indicate that more women opt for this than men. It is women who are opting out of marriage, not necessarily men, and since it takes two to tango, then fewer marriages which lead to fewer children. Historically, the long standing phenomenon shows that when women are educated, they opt for fewer children. This cuts across all cultures, racial groups and religions. Educated women hold the ace for childbearing not just because of the biological aspect, but the empowerment, both economic and physical, that education comes with.

Yeah, there are different reasons for this but I'm going down with women-blaming or we vs them narrative.

Like I've said, having a child is a choice- no one owes the world more kids.

Lexusgs430:
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Nothing spoil nah, he should go under the knife again and have his condensed milk, syringed out of him....... 🤣😂🥛🥛

Let's assume his babe is either called TESA or PESA..... They would simply TESA the PESA, into her area........ 🤣😂😁

Hehe
In the past, I used to be quite cautious when relatively young men turn up for a vasectomy. These days, I no dey lose sleep. As far as you understand the risks and benefits, na your body. It has become quite clear how different cultures view certain things. A number of my colleagues have also had one.

Another is when people say they would not have kids because of what the world has become- that they wouldn't want to bring a child into this world in its current state. In the past, I'd gloss over it as play-talk but I now see quite a number of young folks actually mean this. I tell them that statistically speaking, the world has never been in a better place.

Love800:
In your first paragraph, are you saying a house does not have life-span?

It does but when well built and maintained, we're looking at well over hundred years. Houses built over 200yrs ago are still being lived-in and traded in many parts of the world

Love800:
What is capital appreciation pls?

You mean the age of the house?

The increase in value of the house and land it sits on.

Checkwell:
Learn what it means to pay it forward.

You once lived as a tenant because someone was kind enough to build extra shelter to house you. And I know you have all damaged people's houses at one time or the other while living as tenants. Some even have very bad characters here.

Now, e don reach your turn, you say you no want tenants, it's not profitable, etc.

Black man is just damn selfish.

You are not making sense and it stinks to bring your inferiority complex to the fore.

People are discussing investment decisions here not emotional ones. All investments are afterall in the local economy and a vibrant economy needs different moving parts.
We can follow your line of thought and say why invest in rentals, why not go build a farm? Then when it comes to a farm, we say why plant crops, why not focus on livestock.... and continue with that. You see why it doesn't make sense?

airsaylongcome:
If you are building, you should build to standard and to local building code. Simple. It does not mater what you will use the building for. Just build to standard and to code. Apart from terribly substandard foundation, my other biggest gripe is the woeful electrical and plumbing that most of these landlords use

Fair enough.

I specified rent as it's the theme of the thread. Also most people generally want to build their personal house to a standard but cheap out on the one they're going to rent out. I'm not even advocating expensive or flashy items but that the basics - structure, electricals, plumbing e.t.c should be to a good standard.

Smartcitizen:
The money used in building that house was an income I earned through savings as a business man and it was coming in bits.

From what you are saying, it will only take you to be a politician in Nigeria to keep that kind of money in dollars over the years and without spending it to get that kind of profit you are talking about.

An average person will likely spend that money because of one challenge or the other in Nigeria, so I don't it is really viable thinking in that line.

Good point. Just butresses the headwinds local investors have to deal with in a fast-paced world.

Gerrard59:
- modern women are not as interested in marriage and/or childbearing as much as men of today are. Why should we disregard facts simply because we don't like the messenger?

You're making this a man vs 2oman thing which it hardly isn't. No woman owes you, the world or even the human race a child.

I took the time out to watch the video and even looked at outcomes of studies done. They are neither here nor there with lots of overlap.

We are not talking about those on the fringe. Modern day man AND women are increasingly opting to have less kids. In my experience, it seems to be ladies that are more keen on having kids than men. There have a few societal advantages. I have increasingly seen men come in their 20s asking for a vasectomy which is largely considered a permanent form of contraception. Ask around and you'd be shocked the number of blokes who've had a snip. My favourite was someone who got a snip cos he didn't want to have kids with his current partner only for them to break up a few years after and he now hooked up with someone new and was frantically chasing a reversal.