The Poll!

[seaside]

In my late 40's and workload is taking its toll on my body (bad back,feet etc). Address workload and B&H first. I would rather have a long and healthy retirement than money. Fast forward 30 years to my pension age. I'm really gonna enjoy the pension that may or may not materialize dependent on government and "risks". Previous post referring to what the nurses are getting. Stop looking at those worse off than you. Nurses have their own union to fight their battles. Don't justify this joke of an agreement by saying its better than what was offered at the beginning. RM were obviously not gonna get what they proposed. Simples.

Unfortunately not many will see past pay rise instead of RM smashing our pension with our unions backing and getting us working to 67 seriously considering saving my weekly £3.56 towards my pension.

Was thinking the same thing, if they are not addressing workload issues, why waste my money.

[fishtank]

well as I said before. they back traced the performance into this type of scheme and it out performed all their expectations for over 21 years, which would suggest its a pretty sound scheme.

You won't be earning returns on the last 21 years davey.
If we could do that we'd stick everything on Apple, Facebook and Amazon and we'd all be sitting on a beach sipping Champagne.

We haven't seen the parameters they used, the investment strategy or how the targets were achieved or smoothed. Just a pretty graph with a line drawn on it. During the last 21 years we've seen constant growth, markets consistently trending upwards and even during difficult times like 2008 a huge amount of QE propping up share prices. All predominantly high risk schemes have prospered it would be difficult not to but will/can that continue for the next 21 years?

[daveyeff]

how many voted for the biggest pile of shite in history that was the 2010 deal of the century?. this one is better that's why I voted yes.

I did not and will not for this one. It needs a better agreement on the overrunning procedure and better industrial relations in terms of grievance procedures IE weed out the tossers!

that's totally fair enough. its a vote that's why there's 2 boxes on the ballot paper, yes and no, and its your choice, you vote which way YOU think is right. that's democracy.

[RedRich]

Voted no as its all ifs and buts and by the time it hits our DO it will be the buts.

[RobertT]

During the last 21 years we've seen constant growth, markets consistently trending upwards and even during difficult times like 2008 a huge amount of QE propping up share prices. All predominantly high risk schemes have prospered it would be difficult not to but will/can that continue for the next 21 years?

21 years of constant growth?

Markets dropped by 30-40% in 2008, QE affected the returns from bonds and interest rates, rather than equities.

How about the dot com bubble? The Nasdaq, which is the US technology index, dropped by 70-80%. Only a small amount of those high risk internet start-ups still exist and that sector is now dominated by the likes of giants eBay and Amazon, etc.

Things haven't exactly been plain sailing!

[NWpostie]

Generally as a rule shares tends to perform better than bonds over the long term.

Of course nothing is guaranteed.

[datasaint]

Voted no, part-timers interests overlooked, nothing concrete on what's required for the SWW. I feel like the union have wasted the massive advantage they had with the ballot.

[fishtank]

QE affected the returns from bonds and interest rates, rather than equities.

Where do you think the big money started going when it no longer made sense to put it into bonds?
Where do you think the private money went when interest rates hit rock bottom?
Does anyone still have a bog.standard savings account?
QE limits investment choices and directs you straight to the casino door.


The markets are flooded with cash that would ordinarily have been elsewhere. Every glitch you've mentioned has had one thing in common. The affect on the markets has been short term and afterwards rather than find a plateau they leap forward again.

[LouBarlow]

If it this close on here it will be a definite yes vote come vote-count day.

[Sugar]

In my late 40's and workload is taking its toll on my body (bad back,feet etc). Address workload and B&H first. I would rather have a long and healthy retirement than money. Fast forward 30 years to my pension age. I'm really gonna enjoy the pension that may or may not materialize dependent on government and "risks". Previous post referring to what the nurses are getting. Stop looking at those worse off than you. Nurses have their own union to fight their battles. Don't justify this joke of an agreement by saying its better than what was offered at the beginning. RM were obviously not gonna get what they proposed. Simples.

EXATLY

Union have completely missed the mark on the ever increasing outdoor workload. So what if our indoor hours are going down that part of the day is relatively easy compared to outdoor. Both RM & the union seem to be blinkered/blind to the long term effects bigger delivery spans are having on peoples long term health and how it'll force people into early retirement because their bodies are broken. Criminal.

As for B&H its turning into the pink elephant in the room by both parties.

[RobertT]

QE affected the returns from bonds and interest rates, rather than equities.

Where do you think the big money started going when it no longer made sense to put it into bonds?
Where do you think the private money went when interest rates hit rock bottom?
Does anyone still have a bog.standard savings account?
QE limits investment choices and directs you straight to the casino door.


The markets are flooded with cash that would ordinarily have been elsewhere. Every glitch you've mentioned has had one thing in common. The affect on the markets has been short term and afterwards rather than find a plateau they leap forward again.

I know all about that thanks, I was just pointing out there have actually been two major crashes in the last 21 years!

I have a significant amount of money in equities and have experienced first hand both falls I mentioned and there may well be another one in due course! But equities generally do better over the longer term than most other investments – they certainly have for me.

[Celgar]

Poll vote on here is still a significant majority NO vote. Here's hoping we get a NO vote in the actual ballot. To be honest though I still expect a cop-out YES vote in the end. Postie's aren't willing to take a stand.

[dougfunny892]

I know its just a straw poll on here that favours a no vote. But speaking to fellow workers they also seem to favour a no vote. Also the share price is going down considerably. Wonder if it is on a knife edge? Surely Terry and Dave must have to connsider their position if it is a no.

[BELIAL]

no

[tommyrep]

Voted no, part-timers interests overlooked, nothing concrete on what's required for the SWW. I feel like the union have wasted the massive advantage they had with the ballot.

Agree