why is loss of freedom of movement in eu seen as a big deal

[fillyboy]

A free trade agreement

Well done, we got there in the end.

 

[King Billy]

You’re just showing this isn’t something you understand. Go back to my post you will see I stated CAGR. Then look at the exam question you need to show income of X from a passive source.

If a stock has grown 80% in 5 years. You pass the exam question with about 200k. Ish

It's clearly something that you don't understand. You've quoted some TLAs and made up some figures to suggest that £200,000 is sufficient to generate the kind of additional income over and above the state pension to allow someone to meet the income criteria to migrate to France, Spain, Greece, etc.
The figures don't stack up.
Growth is about 10% and dividends are only about 1.5%.

VWRL (Vanguard FTSE All-World UCITS ETF) is designed for total return through capital growth and moderate dividend income. It provides a Compound Annual Growth Rate (CAGR) of roughly 9% to 11% over the long term, but offers a low dividend yield of just 1.5% to 2.0% per year.

I've already shown that about £500,000 capital would be needed to supplement a pensioner's income to required levels. To reach that sum over 10 years would require a monthly saving of about £3,000 per month over 10 years.
Something all pensioners could aspire to, you think?

To reach a target of £500,000 in 10 years using the Vanguard FTSE All-World UCITS ETF (VWRL), you would need to save approximately £2,600 to £3,000 per month, depending on the realized Compound Annual Growth Rate (CAGR).

Now that your nonsense has been exposed yet again, you're claiming others don't understand, because you're unable to substantiate your claims.

 

[King Billy]

They simply couldn’t afford to retire anywhere

More nonsense. They could retire to any other EU country with just their state pension.

 

[King Billy]

It's a tariff and quota free trade agreement. The requirement to fill out a form does not stop it being a free trade agreement.

They're called non-tariff barriers.
Non-tariff barriers (NTBs) are restrictive trade measures used by governments to limit imports or exports, excluding traditional taxes or duties. These function through regulations, standards, or bureaucratic red tape rather than financial penalties.

 

[fillyboy]

They're called non-tariff barriers.
Non-tariff barriers (NTBs) are restrictive trade measures used by governments to limit imports or exports, excluding traditional taxes or duties. These function through regulations, standards, or bureaucratic red tape rather than financial penalties.

I don't dispute that, never have.

It's still a free trade deal.

 

[King Billy]

I don't dispute that, never have.

It's still a free trade deal.

Yes, it's a FTA with loads of additional expense. And the ability to add further expense or restrictions via the non-tariff barriers.

 

[transam]

Three that have gone on to make their own businesses. One that came to me a labourer and left as a brickie. Loads of casual labourers. I have found work/jobs for other (decent) young lads that came to me as work experience too.

We have had 11 over the years

2 are now directors basically running the company

Recently took on a 17 year old ( 2 months ago )

He replaced a 19 year old who was in the army joined at 16 came out after 3 years left just before Christmas moved up north fir personal reasons

 

[warey4life]

I'm so ignorant.

I agree.

 

[ellal]

It’s a funny thing.. paying your own way.

All well and good...

Trouble is that the majority of younger people have no way of doing that!

Laden with debt in the UK before they've even started, and priced out of the housing market...

And I paid my way around Europe by working, and have worked for longer periods of time in various European countries...

All with no worry about visas or entry requirements...

Opportunities that selfish brexiteers have denied the younger people of the UK...

So your comment is quite frankly totally dismissive of the facts!

 

[fillyboy]

I agree.

Falsifying my quote says a lot more about you than it does about me.

 

[warey4life]

Falsifying my quote says a lot more about you than it does about me.

I did it because you falsified mine.

 

[fillyboy]

I did it because you falsified mine.

I took a relevant extract from yours, big difference. Why don't you just grow up and accept you were wrong.

 

[warey4life]

Falsifying my quote says a lot more about you than it does about me.

Um....

A free trade agreement with masses of red tape, mandatory customs declarations, rules of origin compliance, and Export Health Certificates.

 

[warey4life]

I took a relevant extract from yours, big difference. Why don't you just grow up and accept you were wrong.

You are a blatant hypocrite.

 

[fillyboy]

Um....




View attachment 415185

You've just proved me right. Cheers.