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our say on what’s happening today

This topic contains 30655 replies, has 235 voices, and was last updated by  Bryan 39 minutes ago.

Discussions News & Current Affairs (excluding Politics) our say on what’s happening today

Viewing 10 posts - 30,421 through 30,430 (of 30,656 total)
  • #1740854
    rob023
    Member
    Member since: October 7, 2011
    Topics: 7
    Replies: 1612
    rob023

    Many times I’ve stood in awe of the magnificent Beluga taking off, coming in to land or seemingly to almost hover in the air.
    It’s almost worth going to the UK or any other country they fly in and out of just to see a Beluga in motion.

    Perhaps sometime in the future Belugas will be made out of, and powered by, materials that weren’t dug out of the ground.
    The same goes for Teslas, trains, ships and other forms of transport plus all forms of electricity generation.
    Now that would be a sight to behold.


    Mining for the stuff required to manufacture aluminium.

    #1740858
    paulinem
    Member
    Member since: July 8, 2006
    Topics: 9
    Replies: 1136
    paulinem

    Jens this is a grown up site, a site for retired person,  that is the generation that are into their twilight years. In other words Jens we as grown ups know our time on this earth is limited You and I Jens could be dead next week, as  we are in our twilight years. Why should we  indulge in any savings scheme, at this stage of our life??  As most of us  grownups Jens rely on the Govt Super to live on!

    Re the discussion on debit cards vs credit cards,   that is spend what you have and not  give the bank an excuse to take what money from you by having a credit card.

    My husband and I saved before he finished  work and retired,  we then spent the money we saved on  work required doing to our home to ensure as retired  persons we wouldn’t have unexpected unfortunate costs to  our home in retirement . The savings was cancelled when I had my teeth pulled out and dentures needed to be brought.

    In short your suggestion we should look at opening a savings scheme such as Kiwi saver is ridiculous and stupid, Instead I say live and enjoy the each day of your life, as you might not be here tomorrow isnt that true Jens!!!

     

     

    #1740859
    jens
    Member
    Member since: May 3, 2006
    Topics: 16
    Replies: 7749
    jens

    Yes, yes, Hero42 –

    but  should  we not include with  all our efforts on education, welfare,  health,  and law and order also  the  effort of automatic  participation in “good money management” –

    also  by those  incapable of it,  or unwilling   ?

    #1740860
    rob023
    Member
    Member since: October 7, 2011
    Topics: 7
    Replies: 1612
    rob023

    The way I look at Jens’ suggestions, when he says “we should look at..” he’s talking about people of all ages and more than likely those just entering the workforce who need a financial plan to sustain them for many years to come.
    Unfortunately, some people see the word ‘we’ and automatically think it’s referring to them.

    #1740865
    jens
    Member
    Member since: May 3, 2006
    Topics: 16
    Replies: 7749
    jens

    But paulinem – exactly because  with our  NZ Super  our generation has   done pretty well for our  retirement welfare – (although  even  you  may not have minded  to have  had  some more left  over  after getting the  dentures ?) –  should we not be  concerned  for the  sake  of our  descendants, as   there  are still  so many people  complaining  about poverty, and if their proportion  increases, will  they not endanger  also  welfare of the prudent ?

    You  have not  paid enough  attention  to my  postings  on economics  to be  aware, that  the need  to save for more  wealth creation   does not apply  to our generation anymore, as  we have saved already  for the  purpose  of being  able to  spend  adequately  in retirement and  with  this  still contribute to the  economy rather  than drain it  from the  moment  our income  from work  ceases.

    Also  please  be  fair  to our  overseas  banks,  because our  native  savings  have not been massive  enough  to satisfy  our needs  for  credit on investments, and  without investments,  paulinem, we  (also you?) would be much less  prosperous  and secure than what  we  are at present.

    Are you for or against keeping our not means tested NZ Super  entitlement  age at 65   ?

     

    #1740866
    huiatahi
    Member
    Member since: March 22, 2017
    Topics: 2
    Replies: 1099
    huiatahi

    I think you’ll find if someone has to make the choice of eating or saving they’ll choose the eating.  There’s a lot of people in the situation of having to make that choice

    huiatahi

    #1740889
    arandar
    Member
    Member since: November 23, 2009
    Topics: 31
    Replies: 10855
    arandar

    There are many options for people to save for retirement, first home, tertiary education and the most obvious and easiest to commit to is KiwiSaver which can begin at birth – with support from parents or grandparents.

    The stock market still exists for those who fancy their chances.

    Banks and other financial institutions still offer savings accounts and investment accounts, albeit at all time low interest rates.

    I see no reason to discuss the pros, and there are no cons, of personal saving – almost if not all the survivors here at GrownUps have agreed Saving Is Good, whatever and whenever a person can afford to – and there is a dedicated thread where people can discuss to their hearts’ and heads’ content Jens’ own personal savings scheme.

    As for me, I’ve done that over several years and will not be doing so again.

    Arandar

    #1740892
    don021
    Member
    Member since: May 15, 2012
    Topics: 0
    Replies: 1853
    don021

    How you live depends on how much money you have, and the amounmyt you earn depends on your skills. Leave school early and you will live poorly. I left schbool at the first opportunity, age 14 and began a low paid job, then another, finally I took a job that did not pay a lot but taught me good skills that later put me into a good income group that enabled worthwhile saving. So now in retirement money is no problem. You do not need to go to university to earn good money, one of my sons took a job he loved, and was obviously good at, and ended up earning $72 an hour equivalent.The chances are there if you have the vision to take them. Poor people usually have brought the situation on themselves.

    #1740897
    jens
    Member
    Member since: May 3, 2006
    Topics: 16
    Replies: 7749
    jens

    Quite right,  huiatahi  –  we have to  eat to exist,  we have to  work  for the  food we have to eat –  but have you forgotten, that in order  to preserve our   human standard of  living, we also  have  to save some of  what we could eat today, for  known  but also unforeseen  demands  tomorrow and even  today ?

    Thrifty eating without  boozing and smoking is more  healthy  anyhow, so  don’t you   think there is a good  case  for the benefit of  all, that the  careless  should  actually save  or  have  some savings stashed  away  for them, before they would be able to  eat  the lot ? 

    And yes, arandar thanks  to all the  savings  facilities and encouragements we  have, we are among the  most  prosperous in the  world –

    but  what  to do about  those who under  our liberal  freedom refuse to  take  advantage  of any of them,  and  thus  creating  what looks  like  widening  poverty  amongst  plenty ?

    #1740900
    huiatahi
    Member
    Member since: March 22, 2017
    Topics: 2
    Replies: 1099
    huiatahi

    Jens, what do you do for pleasure besides sitting in your counting house counting all your money?

    huiatahi

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