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Jedisco's Posts

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TravelRe: Living In Canada/Life As A Canadian Immigrant Part 2 by jedisco(m): 9:36am On Mar 06, 2025
ferfer:
....

I am not sure how we can push for this society to be meritorious. I look forward to reading what you mean.
I am careful about merit especially in a multicultural environment like Canada. The concept of merit assumes that success is based on ability and effort whilst ignoring the human proclivity for bias which perpetuates inequality and other factors. Sorry, I am not a fan of Ayn Rand and her dog whistles for something more sinister.
I do not believe that any human society can truly be merit based, we can try but it is an utopia - personal opinion this. With that said, some societies do try to ensure merit plays a role whilst others are just getting high on cronyism and mutual back-rubbing.
True.. There is no fixed recipe for success but we know its drivers. No human society is perfect but there is a long way to go between one fully run by nepotism and one where an average hardworking kid from a poor home can on their merit, work hard, get good grades, get into good uni/trade and rise to middle income status through a well-defined pathway and not happenstance.

In Nigeria for instance, our DEI is one that forces mediocrity and backwardness e.g. unity schools entrance with little or no baseline expectation- outside this, it is corruption all the way.

Finding the right balance between representation and merit is key. progressive societies should always tilt towards merit and where enforced representation is upheld, there should be a minimum acceptable threshold.
TravelRe: Living In Canada/Life As A Canadian Immigrant Part 2 by jedisco(m): 9:11am On Mar 06, 2025
Gerrard59:
I can imagine Ayomide's mentions. Make I go read the replies sef. grin



Well, such is life - women being hypergamous as they've always been. Young men should just focus on their craft and health. Nothing else. As I told Tensazangetsu20, a significant proportion of Nigerians who japa'd in recent years will be single for eternity aka no husbands or wives.
Hehe... walking on egg shells here.

Most migrants initially focus on work with little or no social life. It doesn't help that the way we socialise back home is very different to how it is here. To many who have moved under 2yrs- life is work, home, grocery store and church on repeat. Some have been here for years and do not drive even though they live in semi-urban areas.

Things are changing as numbers increase and the effect is felt. Ultimately, we tend to get married within ourselves as does any other culture. We no dey also reason 'partnership' (i.e longterm unmarried cohabitation) as many oyibos do.

I know a few nurses who now return home to 'import' able and humble husbands.
For medics, its worse. The more advanced they get in their career, the more difficult. They aren't just protecting their 'PR' but also wealth they've began to build. The few single male colleagues would be seeking someone younger and many equally aged migrants outside the profession would earn comparatively much less. A lady in her early 30's earning good money who owns her own home wouldn't be keen on settling with a new student who is hustling 20hr minimum wage jobs. Blokes too are also on the receiving end. But typically, once things settle, it becomes easier.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 8:55pm On Mar 02, 2025
Kenn55:
I think they intended to ambush Z to sign the deal without questions. That is why they brought the cameras hoping Z would just say yes without questions. Otherwise there is no reason on earth why those discussions shouldn't be done in close door. Leaders at that level agree on paper things like that and now invite cameras for just signing ceremony.
...

If the idea is to end the war on Putin's terms only then Ukraine can end it on their own, they don't need the US for it. Z can just call Putin and agree to his demand to pull out of the 4 regions Russia wants to gain and the war will end now. Putin also wants to end the war cos he is bleeding too but Ukraine is bleeding far more.
..
Any deal Z was going to sign must have been read through multiple times before he even stepped on the plane to the U.S. Reason why I don't get the public brouhaha. Get done with what you're there for and leave

Seriously, what were you expecting? That Russia would willfully retreat to the pre-war borders and give up Crimea? After so many dead, they would have to be beaten flat out to accept that and it would be the end of Putin.
To give up 'only' 4 regions, Z needs U.S backing him. Without them, he may be giving up much more.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 8:44pm On Mar 02, 2025
Zahra29:
UK's foreign policy since Churchill has been to prioritise a special relationship with the US. However there's a stark difference between how PMs like Thatcher conducted that relationship with her American counterpart Reagan, where they interacted as equals with mutual respect, and more recent PMs from Blair onwards where we have been become more and more obsequious to the US with ever grander acts of fealty and appeasement such as two state visits extended to the same president in a few years (which has never been done before).This is not what our tradition was.
....
Starmer tends to virtue-signal a lot but if you look past the one liners and actually focus on the substance of what he's doing, you'll see that there's not much daylight between Starmer and Kemi in their key policies, both domestic and foreign. Starmer is just more careful to say the "right things" which some people are happy to lap up as long as he's putting down their enemy lol.
Hehehe. Lets hope Nigel doesn't become PM - he would go with Prince Andrew to wash plates in Musks kitchen.

I see some difference between KS and Kemi. At least one is not calling our carers 'bottom wipers'. Kemi needs to start addressing issues. I'm genuinely curious as to how she'd have handled Trump et.al
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 8:33pm On Mar 02, 2025
deept:
My sentiments exactly. £Billion pounds more, more people dead, more territories lost, country is in greater debt, keep digging into a bottomless hole. The only way Ukraine gets anything out of this is if Russia loses.
True.. and what does a Russian loss look like? The worry is that both parties are to far gone that they wouldn't want to stop here. It also remains to be seen how long and far-reaching the European support for Ukraine would be. Already, we see where Nigel is headed.

The odd thing is that whats happening today is not surprising. At the start of the war/invasion, similar concerns were raised and I remember folks asking why as an immigrant, you chose the UK but now arguing against 'western interests'. Now, the president of America - the nation who is the unrivalled leader of the West has blamed the war of Ukraine, do we all forgo independent thought and start sprouting whatever Trump says because we migrated here? Interesting times.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 8:24pm On Mar 02, 2025
Goke7:
Dude was there to sign the agreement all Trump needed to do was to allay fears of Z that they will start work on the security guaranty part (even if he will not just say something to make it a quick meeting). Trump as usual is too rigid to bend backwards and think everything must be a TV show. He’s definitely going back on the negotiating table after all his huff and puff season is over cos how will he explain to his boss musk that he won’t get those rare minerals (I bet you the Europe will be willing to spend more to get those minerals for themselves) for his Tesla empire. And like our dear Aunty Z has said here next time Trump should tell his VP to sit down at home when duly elected presidents are having a chat whether they are dressed in suits or not.
Hehe.. Lets take emotions out of this. Ukraine needs the U.S.

It was already clear Z wasn't in Trumps good books. He knew that.
No world leader today comes close to Trumps media mastery. Z whose first language isn't English was meeting the American president at the height of his powers surrounded by his lap dogs in the White House. The last thing he needed was getting into a senseless public debate. It was callous. It's like a foreign leader debating the British PM in parliament- what do you expect?

Already, Macron and Starmer had gone before him to smoothen the way. Negotiations had already been made and it was reported all that was left was a signature. The security guarantee or not would have been part of the agreement. If it wasn't there already, a public spat with Trump would not put it in.

Z can disagree with Trump without being antagonistic. Look at when Starmer visited and Vance went on a rant about 'free speech' concerns and how it was hurting American interests. Starmer went diagonal and countered him without any fuss. Lastly, if the first encounter was difficult to watch, I wouldn't be so keen on another- it might just be a victory parade of an emasculated Z.
Foreign AffairsRe: Elon Musk Publicly Supports Call For US To Exit NATO, UN by jedisco(m): 3:31pm On Mar 02, 2025
givedemwotowoto:
I think the world is being led by weak men today! It's interesting that Hamas attacked Israel, but Israeli PM gets an arrest warrant for strongly defending his country in a war where nobody is checkmating the aggressor. The world no longer teaches people not to attack those who can beat them, the weak now take advantage of the strong.
Should we go back to when 'strong men' ruled the world and nations were colonised at will and people taken as slaves?
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 8:39am On Mar 02, 2025
Zahra29:
Yes Canadians are almost as stubborn and bullish as Americans.

Zelensky is also being brave in standing up to Trump. Did you see the exchange shouting match between Trump and Vance at Zelensky today? I felt so sorry for Z but proud of how he handled himself.

Can't imagine how Starmer would have reacted, he's only used to shouting back at Kemi. He would have probably dragged Charlie along with him to the Oval office to beg Trump lol

The new German chancellor is another one who doesn't seem eager to bend the knee to Trump.
Hehe. I also wonder how Kemi would manage this issue or a Trump presidency if she was the PM. Enlighten Trump on how she intends to save the west?

Starmer is only following tradition. UK foreign policy for a longtime has been to go in tandem with the U.S. If the Americans say jump, we ask how high. So far, this has worked for us.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 8:31am On Mar 02, 2025
Goke7:
It was even more irritating when the vp was reminding Zelensky that he campaigned for the opposition, are they not over the elections they won? Honestly I think Zelensky was even more tolerant, there’s no human in the middle of a war that won’t be pissed
Hehe.. what would he done? Walk out and face Putin?

For all Trump said- he reminded Z he doesn’t have the main cards here. Z is the one seeking help and he should be playing his cards well.

Just like at the onset of this war, I still continue to wonder how Ukraine would gain.

Before the war, when UK and U.S warned Z that Russia were amassing troops on his border, he laughed them off as being war mongers. Appears he had no idea which is shocking for 2 nations so closely intertwined.

Many nations have gained-
China and India get cheap energy
North Korea got a nuclear power behind them with security guarantees
Some European countries used the distraction to quickly join NATO
U.S used this to appraise and deplete Russian capabilities/demography, test new and deplete old weapons plus fund their military industry.

Ukraine is not more likely to join NATO now than they were at the beginning of the war. Russia has also suffered and any 'victory' now would be phyrric and looking to prove a point which is not what Ukraine wants.

We all agree Russia is the bad bear and America the dominant lion. Could Ukraine not extricate itself from being cannon fodder between the two? What effort did Ukraine make to avoid this? This was largely foreseeable. The reality of the world today is that if a nation decided to make the Soviets (or now China) their best friend, they probably don't want to share a border with America.

For all the huffing, how long can the EU unilaterally support Ukraine without the U.S? How long before the 1 million young NEETs in the UK question why we are sending billions to Ukraine when their benefits are being cut?
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 8:09am On Mar 02, 2025
wallg123:
lol ..
Does America need Ukraine or Ukraine needs America? . Do you also know America is also negotiating with Russia on those same so called "Rare-earth minerals"...
Zelensky is not a diplomat, he allowed his emotions get the best of him on national TV. what has been seen cannot be unseen and whatever deal he ends up making would be worse than what was initially offered..

Trump should not get the peace price because he might still send bombs to Gaza
Truth be said, the gruelling was painful to watch. Z lacked diplomacy- There was no point engaging in a public show. He should have leaned into unviersal American/ anti-Russian principles and focused on the need to find 'lasting' peace. At a point even Vance said there was no need putting up a spectacle in front of the media- the arguments are better done behind doors.

Many of the statements he made which provoked a Trump response were not necessary. E.g reminding Trump that they are only safe from Russia 'for now' cos of an ocean and things may change. Understandably, English is not his first language

It's in situations like this one may need some British diplomacy. We've seen Keir in his meeting fawn over Trump using certain words repeatedly e.g 'special relationship', 'unprecedented invite'

Wouldn't be surprised there'd be another meeting but this time featuring a forlorn Z with Trump parading him like a trophy.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 7:57am On Mar 02, 2025
Lolli2pop:
Thank you Jedisco … extremely clearrrrr, very very clear . Makes perfect sense.

I intend using trading 212 as a platform, is that wat u use as well?
I tend to go for the cheapest platform which has a cheap truly global fvnd as small fees can compound over time to huge sums.
Used T212 for an ISA in one tax year cos they offered a good bonus year. Asides that, I use Investengine (ISA, GIA, BIA), Vanguard (pensions) and Dodl (LISA). Among the three, Investengine is my most prefered- app/site is sleek, offerings are decent

Monevator has a good comparison page: https://monevator.com/compare-uk-cheapest-online-brokers/
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 7:55am On Mar 02, 2025
Goke7:
https://www.ein.org.uk/news/home-office-extends-evisa-grace-period-until-new-deadline-1-june-2025

Please keep your current expired brps for use if leaving and returning to the UK
Interesting. 4.6 million eligible for the evisa scheme is a huge number considering visitors and naturalised citizens are not included. Thats over 7% of the population. Granted, it also includes EU folks who settled here post-Brexit. Looking at sums many would have paid, that's a good income generator.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 7:21am On Mar 02, 2025
deept:
I'm sure in a couple of years he'll thank his parents for saving his life, that's if he gets with the program. Desperate times calls for desperate measures. Kudos to the parents and the judge.
Hehe... with this ruling, the parents should just register him in a good military school (where some trekking is involved) or their version of BORSTAL
Heard of a teenager who struggled with certain mental health issues... self-harm e.t.c. He was convinced to go on a trip to kilimanjaro. As it needed some climbing- he spent sometime there. On return, he was a different person. He witnessed an alternate reality he never knew existed and seeing how people lived there made him appreciate life better. Of course, this would not apply to everyone.
CrimeRe: Lagos Lecturer Gets Life Jail For Raping Student by jedisco(m): 7:00am On Mar 02, 2025
FuckTheMod:
Why the emphasy on PART TIME lecturer?
Generally, it's a crime for University staff or any school staff to have sexual relationship with students, when they're still students, but I doubt this is a case of rape.
All these TEENAGE WHØRĒS we have these days can do and undo.
Many of them at 17-21 have BODYCOUNT more than many 50 years old men with 4 wives.


I think all NON-VIRGIN & UNMARRIED GIRLS that accuse men of rape should thoroughly be investigated, many times it's a setup...

Ask any oloshó about her sexual past, she'll tell you her first experience was with her first boyfriend or just friend or a distant relation blablabla, who forced, tricked or ràpéd her when she was young and since then, she has only had 1 or 2 other people who also tricked her....
In reality, this could be a girl into serious and serial hookups and with UNCOUNTABLE BODYCOUNT.
An average "woke or exposed" girl of 17-21 these days have at least 5 BODYCOUNT. By the time they are 25-28 they'll have at least 30 or may have lost count.
The kind of RUBBISH many mumù, innocent and ignorant men marry these days is Heartbreaking.
ESPECIALLY +25 GIRLS.
You are a disgrace. What people do with their body is none of your business. However, if a crime is committed, then they should face the law
CareerRe: Sterling Bank Increases Salaries (New Salary Structure) by jedisco(m): 6:17am On Feb 28, 2025
Elizkid:
A sector that's dying, commerical banks will soon become a thing of the past, necessitating a downsize in workforce.

A branch will only need 2-5 employees on average, and I look forward to it.
On the contrary, as the Nigerian economy grows, banks will only get bigger.
Growth in every large modern economy has been driven by or in tandem with growth in financial institutions especially in a capitalist one which Nigeria largely is.
Science/TechnologyRe: OpenAI Releases GPT-4.5 by jedisco(m): 6:10am On Feb 28, 2025
Competition breeds innovation
RomanceRe: Young Nigerian Man Presents His Old Oyinbo Wife To His Parents by jedisco(m): 6:06am On Feb 28, 2025
OKOATA:
I don't know what you guys gain from this rubbish you always do. You are there in abject poverty and he's out there in Europe or the USA enjoying his life and having a good time. The woman will soon pass on and likely will all he has to the guy. The guy remarries and it's a win for him but your hate and badbelle won't let you pass one place.
That woman may still have 20yrs to go. You think there is no suffering in Europe too or that some people in Nigeria are not better off than their counterparts abroad?

Likely he gets his papers and divorces her
RomanceRe: Young Nigerian Man Presents His Old Oyinbo Wife To His Parents by jedisco(m): 6:02am On Feb 28, 2025
Sonnobax15:
lipsrsealed
Guyman wey don successfully escape from the grip of Nigerian bannies no know wetin God do for am....
What nonsense. You think this is escape?

I can assure you that once he's settled, he'd be back to Nigeria looking for a wife
TravelRe: Living In Canada/Life As A Canadian Immigrant Part 2 by jedisco(m): 6:00am On Feb 28, 2025
ferfer:
A 'ridonkulous' amount of money.

Interesting that this is not the only thing being bequeathed to the next generation and the least concerning - personally I think there is something else.

For sure, these type of people will not complain about high property prices, after all the Bank of Mummy and Daddy is the home gift that keeps on giving.

Anyway you look at this, African immigrants need to band together and form strong communities that help each other whilst eschewing immediate gratification. The panacea for levelling this field and having an advantage is working smart and doubly hard.
True- fact is he who has is more likely to have more. Daddy and mummy made their wealth from property/stocks/business decades back. They have 2 kids who are well educated. They'd gift them thousands to get on the housing ladder in the 20's. Pikin wey get sense would build from there. Ultimately, parents would pass on and leave another chunk.

Many migrants on the other hand, come in and start paying rent. Hehe. We can only work hard+smart and push for the society to remain meritorious (and affirm certain adversities) while at it plus effective taxation to help redistribute wealth. Also, not to shy away from wealth generating opportunities which manytimes could be in business, property or both.
TravelRe: Living In Canada/Life As A Canadian Immigrant Part 2 by jedisco(m):
ednut1:
some immigrants are looking for other countries to go. Some have accepted their fate to go back home and retire. We can now see that the whole immigration drive wasn’t solely done to solve labour shortages. It was to drive up demand/prices of real estate, services, education tuition and other consumption grin
Hehe. I remember a leader of one of the nations in the anglosphere (Australia I think) stating how they can't let house prices fall because alot of people's retirement depends on it. People keep asking for cheaper houses but I can assure you that any PM that lets house prices fall by say 20% in a widespread fashion will see an end to their reign due to wider reverberations. When you're a landlord, a bank, grocery outlet, have a land bank e.t.c. more people is good news to your ear. Especially if gdp per capita i.e average wealth per head rises or remains stable (which so far it has done).
Canada gives out circa 400k PR invites per year. Add dependents and growth from other sources, thats well over 1% growth in population per year- majority of which are working age adults. Imagine the consumption and wealth created yearly. Financial independence could be finding where that wealth is generated and get plugged. Not only that, many of those people come with money from their host nations. I know a few who moved to Can in the last year and subsequently sold their houses in the UK - taking the money with them to invest in Canada
Reason why I don't get it when migrants are denigrated. They are seeking the best for themselves. It's those who let them in or drive policy that should be questioned

All said, the hustle continues- If Canada no work well or other places work better, people will activate japa 2.0. Also, going back home to retire can be a good thing. At a point in life, we begin to ask ourselves what the essence of life is. 150yrs from now, we'd all be gone and forgotten. We should cherish the moment and live life to it's fullest. IKnow many Brits who pack up and retire to Spain or have second houses there. This life no be by suffer.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 5:10am On Feb 28, 2025
In other news, my prayers for this 14yo British lad who now is receiving court-sanctioned straightening and cultural enlightenment in Ghana currently.

Not a fan of such moves... but sometimes.. it's necessary. I wonder if the parents would have been forced to bring thier kid back should the Judge had ruled against them.

https://www.bbc.co.uk/news/articles/cdryre7y4n0o

TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m):
OgbeniOptional:
How is that racist boss? What do we call what Kemi said?
In typical British speak, manytimes it's not what is said that matters, but what is not said.

What he was saying was that we who were born westerners are not chorusing about western salvation, it's you who came as a visitor that's more interested in saving us. I.e being more Catholic than the Pope. Going ahead to insinuate she was being hypocritical and only doing it to remain relevant. That jab wouldn't have hit if it was Nigel in question- folks might even acuse Keir of not taking the concerns of average British people seriously.

I wouldn't say he was racist but I can see the angle - some might insinuate that he meant she wasn't western enough to drive such narrative.

I've seen Nigel do similar with James Cleverly on a Reform campaign speech - he was basically asking where he got that name from i.e the name was too English sounding for someone of Mr Cleverlys look. Even the audience were taken aback only for Nigel to then say he was joking.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 3:33am On Feb 28, 2025
mizGene:
Wowza! I'm one of those "most". I've never seen any option for this in Moneybox.
When searching I believe I came across a S&S LISA option from Moneybox only that you can't switch if you already have a cash ISA with them. I also did not think the options in their S&S LISA were quite robust as I wanted a global low cost fvnd. Their fees were relatively high too. Money-saving-expert has a page on LISAs

Another thing to note especially if you're saving more than 4k per year i.e above LISA treshold is that regular cash or S&S ISAs have flexible offerings meaning you can withdraw money and pay it back in same year without it affecting your allowance. Foe example, say you have 30k contributed across tax years in a Cash ISA, you can withdraw that money for a home purchase (or any reason), afterwards could still put back 30k in that same tax year (and retain its tax free status) if your provider is flexible. This is not possible with LISAs - you'd have to wait for the next tax year to start afresh
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 8:28pm On Feb 27, 2025
Goodenoch:
Indeed.

I'm particularly interested in what she herself contributed to the UK during the years she was languishing(/s) in highbrow Lagos before she discovered that she was entitled to British citizenship, since she believes people ought to do a lot more to earn citizenship.

Was she working and paying taxes remotely, perhaps? cheesy
Hehe... In her words, 'we don't want these people coming into our country'. She does appear like someone who loves being argumentative for the sake of being argumentative. We sabi them.

It was an under the belt blow from Keir though. Classic British insult -saying what you mean in an obvious but non commital way.

I continue to wish her well
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 7:38pm On Feb 27, 2025
@justwise, always wondered why the NL spambot is set to be so hyperactive.
It picks up on most post containing the work st*cks (or similar) and automatically hides the post + bans the poster.
Got caught despite trying to evade its net
TravelRe: Living In Canada/Life As A Canadian Immigrant Part 2 by jedisco(m): 6:36pm On Feb 27, 2025
ferfer:
https://www.msn.com/en-ca/news/canada/a-trillion-dollar-tsunami-canadians-grapple-with-unprecedented-wealth-transfer/ar-AA1znZnq?ocid=winp2fptaskbarhover&cvid=705ecb66a31940c9b687aea49c8573cb&ei=11

Hmmm
Interesting... lots of money would be passed down - most tied up in property. Call it first mover advantage but I don't see recipients complaining about high property prices when they have a large house bequeathed to them.

This almost locks out current migrants and means they have to work doubly hard to attain same standing. Also, if adequate taxation isnt in place, it can entrench inequality.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 6:25pm On Feb 27, 2025
Goodenoch:
https://uk.news.yahoo.com/starmer-accuses-badenoch-desperate-search-123457910.html

The brave, straight-talking Kemi Badenoch had another catastrophe at PMQs today, and ended up complaining to daddy the Speaker about Starmer being patronizing when he dismissed her flimsy questions (even the Spectator said they were ineffective) as 'a desperate search for relevance' from someone who had 'cast herself as the saviour of western civilisation.'

You'd almost feel sorry for her...until you remember how she reffered to care workers as butt wipers.

It looks like her real value lies in her ability to provide entertainment, and she's doing well at that, to be fair.
Hehe. In her struggle for relevance, she has struggled to latch on to real issues and sounds hypocritical or rather pathetic when she speaks on certain issues.
She should start by telling what contribution she or her parents made to the UK before she was granted British citizenship. Nigel has hardly given her much thought- if she's still there at the next election, she'd make good punchlines for him.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 6:17pm On Feb 27, 2025
mizGene:
Are there options for choosing what your LISA is invested in? I thought it was just cash by default.
Yes there are. Most go cash as they are unaware or feel the 25% rebate is all there is to LISAs
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by jedisco(m): 4:19am On Feb 26, 2025
Lolli2pop:
Thank you so much jedisco and everyone else that commented l… i am sorry for a late response i have been quite busy.

From my understanding of what you said jedisco, your most prefered is life time ISA (stock and shares not the cash one). Please why would u prefer the lisa stock and shares to the cash one that the government gives 25% on in each tax year.

Also is the lisa st0ck and shares not more risky as isnt st0ck nd shared like f0rex where you can loose money?? Also i dont think the govt gives 25% on the st0ck and shares lisa right??

Please forgive me if i have used any wrong terminology, i am completely new to this world of investing and i will be glad if yu can clarify my confusions.

Also @lexusgs i am hoping to do a ling term investment, from my research i have seen long term investment pays better.
A good starting point is understanding what ISAs are. ISAs is the umbrella term for your tax free saving allowance of 20k. Its like a tree which then has different subdivisions such as LISA, S&S ISA, Cash ISA e.t.c. I've found this site useful in explaining the whole concept : https://www.moneysavingexpert.com/savings/isa-guide-savings-without-tax/

Now to LISAs - Its a seperate bucket under your ISA where the government tops up your contribution by 25% but this can only be used penalty-free for 2 purposes: buying your first home or at retirement. There is also an exemption if one is terminally ill. Also worth noting that you can't currently use it to buy a house that costs more than 450k - something to consider as you're in London.


First is to decide if you want to save for your home in a LISA or normal ISA or both. To many, filling a LISA first is preferable as you get the 25% rebate. With the money (your deposit + govt rebate) now in a LISA, you then decide what you want to do with it. Do you leave it in cash and get 1- 4% per annum without the risk of loosing money or do you invest it in S&S with potential for much higher returns but risk of losing some capital. If investing, the next question is do you buy individual companies (st0cks) or do you buy a basket comparising a large amount of companies (i.e fvnds). Fvnds which are my preference, if well chosen are cheaper, little hassle and historically return 7-10% pa. There's the risk you may lose some money when investing but if you your time frame is long enough (3-5 yrs and above), you would likely come out much better when invested properly. The risk is actually holding cash. Remember guaranteed interest on cash would struggle to match inflation and is unlikely to keep up with house prices.
When deciding on whether to go with solo st0cks or buy a collection, I've found this short video series quite good in explaining the concept.

https://www.youtube.com/watch?v=gM4KEJQ_Z5U

I'd give an example (pictured)- after buying my place, I decided to continue investing in my LISA for retirement purposes. This time I went with S&S against cash. Its maxed out for the financial year and invested for under 8 months in the named fvnd. Returns so far (aside government rebate) is over 9%. Granted the last 2 years have been exceptionally good for markets but it'd take 3 years for same amount in cash to bring same return if the interest rate was 3%. I say 3% cos though you might get higher now, rates are likely to fall as BOE drops rates. Interest rates on cash were 1% is not too long ago. While saving for my place, I used a cash ISA+ LISA but with what I know now, I'd save in S&S if I'm doing it again.
Thesame concept largely also applies to how pension investments are made. Just like ISAs, they are all called tax-free wrappers. It's what you do with money inside the wrapper that matters.

TravelRe: Living In Canada/Life As A Canadian Immigrant Part 2 by jedisco(m): 3:29am On Feb 22, 2025
Voltron007:
I say let me use google map and search for Nigerian restaurant near me since I’m in a new town. The first suggestion I got was “Suya spot”, 3km from me. Na so I rush go there. From the reception I should have known it’s a scam. The attendant was Ghanaian while her assistant - a Cameroonian.

Na so I ordered egusi soup and pounded yam. Cut long story short, I had to trash the food. Na so $37 take waste.

Ghanaians will be using Nigerian names to attract customers only to end up selling crap.
Hehe... business idea for you?

The Nigerian diaspora would only grow
TravelRe: Living In Canada/Life As A Canadian Immigrant Part 2 by jedisco(m): 6:59am On Feb 21, 2025
Afolavid:
Thank you to everyone that contributed to the discussion. I reached out to a friend regarding the issue and during the convo, a thought came into my head, to send her a document that shows I'm being asked to leave Canada and I need the money to book flight etc... This is supposed to be the last line of action before I involve the parents tomorrow and so on. I sent in a WP application which was refused and told her I've been asked to leave, after backs and forth, it worked. She sent the money!!! Thank you
Lol... out of curiosity.. how much u give am?
PoliticsRe: Tinubu Unveils Road Dualisation Linking Edo And Kogi States by jedisco(m): 7:46pm On Feb 20, 2025
A president commissioning a rehabilitated section of a road that has claimed many lives?

We need to grow past this and start demanding elected officials do what they were elected to.

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