Dairy Chitchat 4, an udder new thread.

No Harm in asking

The joys of a man one operation, pulled a muscle in me leg last night. Barely able to walk out the move wire and feet up now for a few hours. Was going to go for fert this morning but I can't climb into the tractor!

Abuse is all im getting! Sure I never had to do any warm up or stretching years ago!

a friend of mine for the craic rented 60acres 2 yrs ago on a long term lease to grow barley.. told me he received 25,000 in payments from the dept last year… do tillage lads want Jam and jam on it…?

That's the plan, I only pay what I need into the pension,here to keep myself and my wife on or near the low rate. We are joint assessment.

Yourself and your wife probably won't be running 150+ milking cows on your own at 66, unless things go very right

Dodged a bullet for another while with a clear 6 month test, two neighbours one bonding us and another one farm over gone down with reactors/legions, neighbour is after been put on continous 4 month testing as he bounds both of the neighbours farms

Even if i was drystock farming me being such a gd farmer id still be making money with subsidies its not hard to get in the high tax bracket if your over 65.

Rang twice, was promised a call back from department vet but they never did, agent wasnt able to get them in anyway in the wind up, should be going next week he promised

Have you no successor or will you bring the farm to the grave? If you intend on farming till you die you obviously won’t need a pension.

Your are right that pensions are a tax postponement but where you win with pensions is tax free roll up. Ie no capital gains.

Your fear that you will lose your “pension” investment is a load of rubbish. In order for an investment to be sold as a pension product it needs to jump through a million hoops. The odds of losing 10% of the money you invest. Probably 1 or 2%. The odds of losing any more than that are absolutely miniscule - impossible really. You’re investing in the same bond portfolios that every pension scheme in the world is invested in so there’s a ready made market for them. A lot of the assets are over priced but it’s in no one’s interest for it all to go bang so I can almost guarantee it won’t.

In Bass’ defence he tell why it’s working out for him and if you haven’t the ability to google then you’re the fool not him.

In this day and age the legislation in place regarding pension products is unbelievable. People tell horror stories of cowboys selling get rich quick schemes but that is no longer the case, like saying Angus cattle were small runts in the 80s and they must still be awful cattle.

He a mouth that lad done a whole video on why a diet feeder was a waste of time then six months later he buys one cusvhe doesnt want to admit he needs to buy silage cus he made another video how hes able to grow so much grass by multi cut cows arent giving much more than your avg grazing farmer in the south.

My accountant advised me years ago to take out a pension and I asked him 'had he taken out one himself'and his answer was 'NO'

Would not property investment equal or surpass any pension fund .And at the end of your days you have something to leave after you .I aint gont bother with pensions and any surplus after 48% tax I plan to buy some small bits of property and let out .The return on investment for property will match any pension and property is appreciating rapidly .Probably the biggest snag will be cgt and cat but that wont be worrying me!!

In the last YT video? On the ploughing I think it was clear that field was never going to get done. He seems to be a bit green when taking on some tasks. Also interesting to listen to his political views, a few years ago he would have been derided but now that thinking has wide spread support, but not so much in the ROI. Very interesting.

I always thought that you had to draw it down from the year that you hit 61 . @ 4 per cent per year .