pauld
Aaron Aardvark
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Posts: 25436
Absolute Calamity!
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« Reply #18600 on: Monday, January 30, 2017, 11:41:23 » |
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£40k a year for 20 years or £400,000 lump sum now?
That's a nice dilemma to have! |
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Audrey
Offline
Posts: 20273
?Absolute Calamity!?
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« Reply #18601 on: Monday, January 30, 2017, 12:35:45 » |
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All to do with my house in Ireland and the EU and wind turbines.
I applied for planning permission for 3 turbines on my land as there was a wind farm of 17 right next to me. It was rejected because the 17 were the max. Now, the good old EU have supposedly increased the quota countries have to produce renewable energy and my application has been accepted.
The energy company running the 17 will buy and erect my 3. The going rate is €15,000 per turbine per year guaranteed for 20 years. As I'm knocking on a bit I was pondering the one off lump sum.
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Peter Venkman
Past glories motivate us when times are bleak.
Offline
Posts: 64646
Perfection is not attainable
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« Reply #18602 on: Monday, January 30, 2017, 12:38:09 » |
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All to do with my house in Ireland and the EU and wind turbines.
I applied for planning permission for 3 turbines on my land as there was a wind farm of 17 right next to me. It was rejected because the 17 were the max. Now, the good old EU have supposedly increased the quota countries have to produce renewable energy and my application has been accepted.
The energy company running the 17 will buy and erect my 3. The going rate is €15,000 per turbine per year guaranteed for 20 years. As I'm knocking on a bit I was pondering the one off lump sum.
No contest, whether you are knocking on or not anything can happen in an instant and change your life forever, take the money and run. |
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From the station at Colchester
To the cells of Warrington
From the services at Leicester
To the slums of Northampton
We travel over England
And one day Europe too
Cos we all follow the Swindon
We're the famous Town End crew.
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Panda Paws
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« Reply #18603 on: Monday, January 30, 2017, 12:50:57 » |
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Take the money. Buy another property.
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Audrey
Offline
Posts: 20273
?Absolute Calamity!?
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« Reply #18604 on: Monday, January 30, 2017, 12:55:55 » |
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It's not quite as brilliant as it sounds as my outlay on the house/kennels etc was around €200,000 cash.
When I left I couldn't sell it for half that which is why I kept it.
The wedge does sound tempting, though
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horlock07
Offline
Posts: 19145
Lives in Northern Bastard Outpost
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« Reply #18605 on: Monday, January 30, 2017, 13:06:18 » |
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It's not quite as brilliant as it sounds as my outlay on the house/kennels etc was around €200,000 cash.
When I left I couldn't sell it for half that which is why I kept it.
The wedge does sound tempting, though
Take the money, buy a football club with it. |
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Audrey
Offline
Posts: 20273
?Absolute Calamity!?
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« Reply #18606 on: Monday, January 30, 2017, 13:08:12 » |
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If only I could think of one with an unpopular owner who'd accept a cheeky bid.
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RobertT
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Posts: 12320
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« Reply #18607 on: Monday, January 30, 2017, 13:31:11 » |
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A roof on the Bank?
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Peter Venkman
Past glories motivate us when times are bleak.
Offline
Posts: 64646
Perfection is not attainable
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« Reply #18608 on: Monday, January 30, 2017, 13:36:15 » |
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If only I could think of one with an unpopular owner who'd accept a cheeky bid.
Blackpool? bit of a long way to travel from Swindon/Ireland though  |
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From the station at Colchester
To the cells of Warrington
From the services at Leicester
To the slums of Northampton
We travel over England
And one day Europe too
Cos we all follow the Swindon
We're the famous Town End crew.
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jayohaitchenn
Wielder of the BANHAMMER
Offline
Posts: 12832
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« Reply #18609 on: Monday, January 30, 2017, 13:41:56 » |
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Take the money, assuming your income is sorted for retirement. You never know what's round the corner.
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Samdy Gray
Dirty sneaky traitor weasel
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Posts: 27180
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« Reply #18610 on: Monday, January 30, 2017, 13:53:30 » |
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The income, non inflation-proofed, equates to around £650k over 20 years in "today" money.
The lump sum, if invested, could be worth £800k+ in 20 years. Plus there's the opportunity benefit of having the money available to spend today.
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Don Rogers Sock
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« Reply #18611 on: Monday, January 30, 2017, 15:06:41 » |
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The people of Swindon protesting against Trump. It makes me smile because it's funny.
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sonicyouth
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Posts: 22352
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« Reply #18612 on: Monday, January 30, 2017, 15:09:16 » |
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What's so funny about it?
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Reg Smeeton
Walking Encyclopaedia
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Posts: 34913
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« Reply #18613 on: Monday, January 30, 2017, 15:46:17 » |
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The people of Swindon protesting against Trump. It makes me smile because it's funny.
It's bizarre that people seem more concerned about someone democratically elected in a foreign country, than politicians doing worse in their own country, over which their vote gives them some say. |
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Peter Venkman
Past glories motivate us when times are bleak.
Offline
Posts: 64646
Perfection is not attainable
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« Reply #18614 on: Monday, January 30, 2017, 15:47:56 » |
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It's bizarre that people seem more concerned about someone democratically elected in a foreign country, than politicians doing worse in their own country, over which their vote gives them some say.
Sadly I agree. |
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From the station at Colchester
To the cells of Warrington
From the services at Leicester
To the slums of Northampton
We travel over England
And one day Europe too
Cos we all follow the Swindon
We're the famous Town End crew.
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