Technology That Works
The postman came about five minutes ago.
He delivered two pieces of post that mattered amongst all the old junk; a new card for Sky and a Voter Registration Form from St. Edmundsbury.
The card had been flagged up on my Sky system for about a week now. A simple message just told me that the card had been posted and could I check the post. I took out the old card and entered the new one. It worked first time. As it should.
The Voter Registration Card had only one problem. The URL was rather complicated, especially as it included St. Edmundsbury, which is not the easiest word to type. But after a couple of pages and a few clicks, I’d updated everything. Or in my case, just told them that a very lonely man, who spends a lot of his time blogging is still alive!
Seriously though, life isn’t that bad all the time.
But both systems worked without a hitch and with the exception of the URL couldn’t be faulted.
An aside here, is that if you’re developing an on-line system, make sure that the URL is short. There are lots of six and seven character ones available. I even recently acquired mx73.com. Short and memorable.
I just wonder how less stressful our lives would be if so many of the other things that we have to do in our lives were just as simple. We’re getting there, but not as fast I would like.
One thing that works round here, is that when my wife died, the Registrar informed the council, so that I got an automatic Council Tax discount, after I signed and dated the form they sent me. A very civilised piece of joined up thinking.
Do all councils work this way?
And then we have the excellent system for Vehicle Excise Duty, that has cost the Post Offices so much money, as who in their right mind queues for an hour to buy it.
Berlusconi Sues
So Silvio Berlusconi is going to sue the media all over the Europe for the reporting of his life in the last few years.
I did have rather a laugh at this story, as although I might like to be seen in the company of large numbers of gorgeous bimbos, or in Berlusconi’s case is it bimboni, but I really am not the man to do that. I’m just too short at just 1.71 metres or five foot seven and a bit in Imperial units, which everybody still keeps using, to attract them in more than odd numbers. And anyway, I’m too busy writing software to try to organise my life around bevys of young ladies.
But it got me thinking. Am I really too short?
And then I found this web page. When I looked at it, it had an advert for elevator shoes!
But I’m taller than Berlusconi (1.62 m.), Sarkozy (1.65 m.) and Putin (1.67 m.). I was surprised about the last one, so perhaps that’s why all those action man pictures show him by himself. Or on a pony!
So perhaps, I’m in the wrong job. I think though most British Prime Ministers are fairly tall. I remember being in a lift with John Major in Athens and he towered above me. So I’m out! And who’d want the job anyway.
My late wife did her first barrister’s pupilage in libel chambers. Her advice to Silvio would have been don’t sue. You’ll only give lawyers a lot of money and make matters worse. Even if you win!
I’ll end with a quote from Mrs. Merton to Debbie Magee – “So Debbie, what first attracted you to multi millionaire Paul Daniels?”
Zopa Returns – August 2009
I posted a graph and explanation of this a few weeks ago.
So have things changed?
Zopa Returns - August 2009
There are various lines shown on the graph.
- Red shows the A* lending rate
- Blue (Earn1) shows the returns discounting for any bad debt, but including accounts in arrears.
- Orange (Earn2) shows the returns discounting for any bad debt and arrears.
- Dark Blue at the bottom, is the OBR or Official Bank Rate
Notes.
- Earn2 is creeping back up towards Earn1. I think this is because after initial hiccups accounts tend to settle down. I also think that Zopa have tightened their lending conditions, which may mean they get less hiccups.
- Earn1 seems to have a sawtooth pattern. This is because, most contracts are from the 25th or one month to the 3rd of the next. At least the monthly peak rate seems to be rising.
- At present the Inland Revenue does not think that bad debts are allowable against tax. Many disagree and my accountant has said that he believes they will be allowed. After all do they want a big fight over £200?
I’m still happy.
Clouds on the Zopa Horizon?
I’ve now got over £30,000 invested in Zopa.
Nothing really untoward has been happening with my money and according to the latest figures, I’m earning a genuine five percent on my money. By a genuine five percent, I mean one that includes all the charges and bad debts. It also takes into account money that is in Zopa, but is not been lent out yet.
Of the 650 or so people I have lent to, only three are in trouble, with one a genuine bad debt and the other two limping along still making payments. That level is below the level forecast by the company and well below the levels experienced by the average finance company.
The graph below shows the rates at which money has been lent out on Zopa.
Zopa Rates to August 2009
Note that since mid-April rates have been rising, but over the last month or so, they have flattened off a bit and they may even have been falling slightly.
The graph below shows the amount of money requested.
Money Requested on Zopa - August 2009
Note how over the last six weeks, the amount of money requested by borrowers has dropped significantly.
Is this and the drop in interest rates linked to the banks being easier places to borrow money or does it reflect a typical lack of business because of the summer holidays? You could argue that the peak in June/July was caused by people borrowing money for holidays or new transport to take them there!
So there could be some fluffy cumulus on the Zopa horizon. We’ll see if business takes off in the autumn.
But a bigger thundery cloud has been seen courtesy of the Office of Fair Trading.
When I first got the letter saying that I must register because of Anti-Money Laundering Regulations, I thought it was a joke or at worst a try-on. Basically, reading the letter it just seems to be a catch-all to raise more money for this beleaguered government.
Why should I pay £115 a year, when my lending is controlled by Zopa and I only transfer money into them, by a straight transfer from my bank account? It is a yearly charge and would cut my rate from five to 4.7 percent.
If every lender on Zopa had to pay this tax, then it would not be the place for lesser mortals to get a decent rate on their money. But then Prudence and his ilk, have never liked private enterprise. Unless of course it benefits themselves!
It could be argued that Zopa is also a competitor to the various State Banks, that Prudence has saddled us with.
But despite all these clouds I will still be putting a percentage of my spare money into Zopa in the future.
Coggeshall
Essex has a bad reputation as a place inhabited by loose women in pelmets and white stilettos and men with large beer-fed guts in shell suits. This may be the image, which is also fuelled by lots of Essex girl jokes. But are the people of Essex feeding this image to keep us foreigners out and save the best bits for themselves?
Last night I went for dinner at Baumanns Brasserie in Coggeshall. Note that it doesn’t have an apostrophe!
Coggeshall
This view shows one of the streets that used to be the main road from Braintree to Colchester until it was by-passed in the 1980s. How the town managed before that I dread to think?
Opposite the restaurant is a sweet shop. Not your normal one, but one with real jars in the window.
Normans Sweet Shop, Coggeshall
What surprised me was that the jars in the window were for Fox’s Glacier Mints, Murray Mints and other common sweets. They looked to be new jars too, so they must be still available.
Now to return to Baumanns.
My late wife and I used to go a couple of times a year, when we lived over the other side of Suffolk at Debach. It was just too far to go and come back after a meal. But last night, I had other reasons, so it was very convenient to visit an old favourite place. In fact, I think it was the first time, I’d been there since I was diagnosed with coeliac disease.
I was not disappointed.
And the place had hardly changed in all those years.
Is that good or bad? It depends if what was there all those years ago was worth keeping. In Baumanns case it certainly was.
I had sardines followed by ostrich. These were two dishes I’d probably never cook for myself. They were both delicious.
I shall visit Baumanns next time, that I’m in the area.
The Anonymous Widower 