Are Pensions Just An Enormous Ponzi Scheme?
The title of this post was suggested by someone who I know well, who works in the City.
He has a point, as once people stop joining and contributing, it all goes belly up.
Think about it! And think too about all the rules brought in to protect the early joiners in the scheme and also to make sure that advisors get their part of your hard-earned pension pot!
Is This Good News?
I went to see a new doctor yeserday as I have a couple of issues after the stroke.
He prescribed two things; an MRI scan and an increased level of exercise. As the MRI scan is to be on my left arm, rather than my brain, I consider that good news. He also thought that I should up my level of fitness training and perhaps see a personal trainer.
Am I right to consider that to be good news?
I’ve certainly felt more upbeat today!
On Line Grocery Shopping
It was reported today on BBC Breakfast that on-line grocery shopping is not being the great success it should be.
As a widower, who lives alone and who is very computer literate, you’d think I would do a lot of on-line grocery shopping. When my wife was alive, we did quite a bit as we both worked full time and I actually worked at home to take in the deliveries.
Now, I’ve had a serious stroke, can’t drive and have moved to Dalston and although I buy lots of goods like books, furniture and electrical items on the web, I haven’t bought any groceries on-line.
Last week though, I saw the future. I went to my local Waitrose in Upper Street, did a large shop and then they delivered it an hour or so later. As I had a job to do at home, it only meant, I had to get the bus home to arrive before the delivery did.
The only problem was the driver had left his pen at the previous delivery. So I gave him one of my many spares.
But it was just so much less hassle than waiting in at home to collect some goods that might be quite not what you want. As after all, I had chosen them in the shop, so if they were wrong, it would have been my fault.
As shopping innovations like this get more common, on-line shopping will continue to lose out. And in some cases it will replace driving to the supermarket.
Why Businesses Have a Cash Flow Problem
When I moved in here, I had a small problem and a local builder came round and fixed it. They did a good job and got me out of a hole.
Yesterday, six months later, I got a bill for the work. The only surprise was that it was probably about twenty pounds less than I had expected.
As I usualy do with bills that aren’t worth disputing, I decided to pay it immediately. I have given up on cheques and always pay bills by direct transfer. But there were no bank account details on the bill or even an e-mail address. So I had to ring them up to get the information I needed. And the phone was engaged.
I do think this is typical of many small businesses and is it any wonder they have a cash-flow problem!
The Anonymous Widower 