The Anonymous Widower

Money

Everybody likes to stick it to those who get big bonuses and earn high salaries.

In 1985 I sold a company and made a lot of money.  A lot of that I spent on ideas, some of which worked and some didn’t.  I was also advised by my accountant to invest £9million in an office block in Basingstoke.  He took the fees, I took the risk and lost the lot. But then one of the investments he thought was a waste of time, got a lot of it back!

I’ve also rebuilt a couple  class houses that were good (and efficient) to live in.  Jobs for builders and craftsmen.

Putting it crudely, I’ve spent some of the money much better than the government does.  I’ve probably created a few jobs too!  Yesterday, it was interesting to see that Victoria Beckham’s new range of clothing is made in London.  Good for her!

So don’t knock all those people with big bonuses and high salaries.  It would be far worse if we drove them out of the country and they spent their millions elsewhere. 

But my wife died in late 2007 from cancer and that has been a lot harder.  But it would have been a hell of a lot harder if I had to live on government hand-outs because the tax system meant that I hadn’t been able to save from the good times.

It may be fashionable to bash the rich, but they can afford to leave.  I could buy myself a lovely beach house somewhere and fritter my money away on birds and booze.  But my pain threshold is high and for me to do that would take a lot of persuasion. I’d miss live football for a start.

Remember as Isaac Newton said in a different context, “Every action has an equal and opposite reaction”.  Governments never learn, believing that dogma and prejudice is more important than scientific correctness

February 16, 2010 - Posted by | Finance | ,

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