Now, if 'stop the boats' actually meant that, I could get behind the slogan, hahah!
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Now, if 'stop the boats' actually meant that, I could get behind the slogan, hahah!
Just like us to rush to a deal because of our “special” relationship while the rest of the world sits and waits it out.
For some reason I feel like the bargain hunter who queued in line for hours to get a good deal, hopefully it won’t come back to bite us in the butt, when the rest of the world refuses to deal with him and we have a bum deal.
There's two ways of looking at it... Trump has a fragile ego, so blowing a bit of smoke up his bum to let him feel important is a shrewd diplomatic move.
You have to remember we are not in the EU any more, so Starmer has to walk on a tightrope between the EU and the US, and his electorate...
The average worker has a better life in the UK. Its not just money it's all those other things @mattyfez mentioned and much more.
Houses are bigger, work is based on merit cheaper living costs. But less holidays no health service.
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Soldato
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lots of tax's even if you dont live in the US you still have to pay US taxs (local Taxs + US taxs on a sallery thats not in the US), no healthcare, 2 weeks holiday a year longer working hours, 2weeks notice on termination.
the US isnt all roses as best i can tell, and the high sallaries disappear quickly when you bring medical in to it.
so far, so good, looks like markets been pretty good stability wise. im just missing sparce capital for investments
the US isnt all roses as best i can tell, and the high sallaries disappear quickly when you bring medical in to it.
so far, so good, looks like markets been pretty good stability wise. im just missing sparce capital for investments
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lots of tax's even if you dont live in the US you still have to pay US taxs (local Taxs + US taxs on a sallery thats not in the US), no healthcare, 2 weeks holiday a year longer working hours, 2weeks notice on termination.
the US isnt all roses as best i can tell, and the high sallaries disappear quickly when you bring medical in to it.
so far, so good, looks like markets been pretty good stability wise. im just missing sparce capital for investments
Maternity and paternity leave is also considered a contractual perk rather than an employment right... you can also be fired for pretty much no reason, if your boss decides they don't like you.
Oh, and, housing associations... want to live in a nice neighbourhood? on top of paying for the house, prepare to pay the HOA a huge yearly fee, too, and they can fine you if you leave your bins out too long, or if your grass is the wrong shade of green.
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You need to take into account state and local taxes which can be as high or higher than federal taxes. Plus property taxes
The US number seems to be a full time salary and the UK one is not. £37,430 is the Uk median full time salary as of April 2024 and with wage inflation it should be very close to £40k at the moment.
McNair is great, he's kind of new on the scene but he's got some good longer form articles out on medium as well, well worth a follow. He's on the ball with how the monetary order is changing
medium.com
Michael McNair – Medium
Read writing from Michael McNair on Medium. I'm a fund manager at a large U.S.-based institutional asset manager, writing about markets and macroeconomics x.com/michaeljmcnair
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Healthcare shouldn’t be underestimated. A colleague that recently quit to do a startup told me she needs to pay $2k a month for insurance. She was only paying $200 towards it when employed.lots of tax's even if you dont live in the US you still have to pay US taxs (local Taxs + US taxs on a sallery thats not in the US), no healthcare, 2 weeks holiday a year longer working hours, 2weeks notice on termination.
the US isnt all roses as best i can tell, and the high sallaries disappear quickly when you bring medical in to it.
so far, so good, looks like markets been pretty good stability wise. im just missing sparce capital for investments
Question not sure but the £3025 is that the total price you sold for or The pure profit (Ie shares sold price -share purchased price). Also as I said you can deduct ( buy and sell trading costs, stamp duty foreign exchange costs both ways ) this should reduce the total profit.
Remember everything has to be done in proportion (if sold in parts, the buy costs and stamp duty and currency buy costs has to be in proportion of the number of shares sold) the sell trading costs and fx costs don't.
Extra information: With the fx costs the conversion to UK currency to foreign currency. If you sold 50% of the shares then you need to work out 50% of the cost of converting £ to foreign currency.
If you brought 10000 shares and sold 50% leaving
you with 5000 you then need to work out the price of 5000 that you purchased them.
Let's say you converted £4000 to foreign currency that cost you £10 then you purchased 10000 shares in one go . . Now you sold 5000 shares ie 50%. You then convert foreign currency to £ at a cost of £7. You now can deduct 50% fx £10 is £5 and all of £7 so total fx deduction is £12. Then your buy cost (if transaction.was the once )is 20 and your sell cost is 20. You then deduct 50% of your buy =£10 and all you sell £20 = £30.. now you do the same for your stamp duty , stamp duty 60 so 50% of 80 is 40. So your total deduction is 12 + 30 + 40= £82.
The idea is to work out based on proportion.
So if you were £25 over the threshold I think based on transaction price deductions you would be under the threshold so no tax liability..
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I think Germany or Holland did something like that a few hundred years ago. It didnt end well for them. Can remember but they ran out of trading partners. I think it was gold accumulation or something.McNair is great, he's kind of new on the scene but he's got some good longer form articles out on medium as well, well worth a follow. He's on the ball with how the monetary order is changing
Michael McNair – Medium
Read writing from Michael McNair on Medium. I'm a fund manager at a large U.S.-based institutional asset manager, writing about markets and macroeconomics x.com/michaeljmcnair
Soldato
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"Trump threatens company specific 100% tariffs against US toy manufacturer Mattel" reported
www.reuters.com
Edit : Loose lips sink share prices.
we'll see if the words have an effect.
Trump son Don Jr joining venture capital firm 1789 Capital, sources say
President-elect Donald Trump's eldest son, Donald Trump Jr., is joining venture capital firm 1789 Capital, which focuses on investing in conservative companies, according to three sources familiar with his plans.
www.reuters.com
we'll see if the words have an effect.
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Something like what? The devil is in the details. I doubt it was anything like leveraging the ESF like Bessent has purportedly done.
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I can't remember it was long time ago when I did the theory of economics sorry, but it was similar.to what I read in the link of Michael x post.about "capital flow policies".
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