Owning your own home

Stamps are where it's at man, haven't you heard?

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Having worked with Royal Mail I think only a fool would invest. Their list of problems are myriad, ranging from complete hostility between the management and workforce, ageing technology, a lack of strategy and a huge pension fund black hole.

Poor trolling.

I know two people who work for Royal Mail. One is happyish. One is overly stressed.
One of them is a postman and an Arsenal fan.

Having worked with Royal Mail I think only a fool would invest. Their list of problems are myriad, ranging from complete hostility between the management and workforce, ageing technology, a lack of strategy and a huge pension fund black hole.

But on the upside, they're a profitable (I think I read somewhere) monopoly (or near to) and will be able to increase all their prices.

I don't really understand the reasons they're giving for selling it. I do, of course, understand the real reason they're selling it to their spiv mates.

Having worked with Royal Mail I think only a fool would invest. Their list of problems are myriad, ranging from complete hostility between the management and workforce, ageing technology, a lack of strategy and a huge pension fund black hole.

Where you see problems i see potential.
Lets see how hostile the workforce are when they become stakeholders -
98% uptake in share options so far.

Still managing to turn a profit despite all this.

Royal mails pension fund was nationalised last year I thought?
http://www.bbc.co.uk/news/business-17423461

Anyone looking at the Royal mail share offering for example? I see it giving a much greater return than the average for UK property currently over the long term.

Really?

I have to agree with Chalfie, please explain...

I have to agree with Chalfie, please explain...

Buying a home is an investment like any other.. look at the return it gives you and work out if its the best option for your money.

The fact I'm explaining the concept ROI on a thread for people about to make the biggest investment of their lives really shows everything I feel is wrong with the current system.

Please google return on investment

^ Patronising much?

I'm not sure Spenceey lacks understanding of what ROI is but he and Chalfie (along with myself) are wondering what your reasoning behind the statement you made is.

Mine wasn't an investment when I bought it - I bought it to live in.

The day I got the keys the doris is was going to live in it with dumped me.

So instead of going on solitary suicide watch, I rented it out and went and lived with my mates and got busy with the yentzin'.

In the twelve years that I've owned it, I've probably lived in it for a year maximum.

It has increased in value over the years but not enough for me to have made what an investor would consider to be a "decent return".

Next year I should be able to make a final payment and be rid of my mortgage millstone.

Letter volumes, which RM have a near monopoly on, are in long term decline. Parcel volumes are increasing but RM is competing against many others in this market and competition is not something it knows.

The business has value today, but how it maintains that value as one of it's two core revenue streams is eroded is unknown. Should you invest, you are essentially gambling on Parcelforce's ability to increase it's percentage of the UK parcel business.

invest in aged japanese track bikes.

I'm doing this slowly.

Parcelfarce are no better than myHermes.

Mine wasn't an investment when I bought it - I bought it to live in.

The day I got the keys the doris is was going to live in it with dumped me.

So instead of going on solitary suicide watch, I rented it out and went and lived with my mates and got busy with the yentzin'.

In the twelve years that I've owned it, I've probably lived in it for a year maximum.

It has increased in value over the years but not enough for me to have made what an investor would consider to be a "decent return".

Next year I should be able to make a final payment and be rid of my mortgage millstone.

I can accept being called a cunt.

Cunt.

Repped.

Letter volumes, which RM have a near monopoly on, are in long term decline. Parcel volumes are increasing but RM is competing against many others in this market and competition is not something it knows.

The business has value today, but how it maintains that value as one of it's two core revenue streams is eroded is unknown. Should you invest, you are essentially gambling on Parcelforce's ability to increase it's percentage of the UK parcel business.

But today, it's a monopoly that's expected to be tax free for years (http://www.thesundaytimes.co.uk/sto/business/Companies/article1323630.ece) with no pension scheme (that's been nationalised), and loads of properties dotted around the place. It seems like a no brainer that it will make money, even if it's just until the end of the income stream from letters.

I read all this somewhere, obviously I'm no expert on the Royal Mail, so it could be wrong.

I'm not saying it won't make money, but that's not what is being debated here is it? When it floats it will do so at a certain market value, which reflects the current financial situation and will include all assets. To maintain that market value it will need to, at worst, to continue that level of income, but more likely grow it. I don't think it will. Tommy seems to think differently, I'd be interested to understand how.

As for the pension scheme nationalisation, I believe the company will still have significant obligations to fund it, even though it's been nationalised (which was only done to allow the privatisation to go ahead).

You're all better off investing in Microcosm.

Seriously.

Microcosm has a future. Unlike the Royal Fail.

Anyone looking at the Royal mail share offering for example? I see it giving a much greater return than the average for UK property currently over the long term.
How can you be sure that you're going to be investing in the next British Gas, and not the next Railtrack? Or that this has not been priced in already, normalising expected returns.

House prices have consistently outpaced the stock market in the mid- to long-term, particularly in the South East, for decades.

lol at someone talking about others being thatcherites then discussing getting balls deep into a newly privatised company because he

see[s] potential

BTW, an investment suggests that your primary reason for putting money in is to extract a profit. My primary reason to have a house is to live in it and protect myself from the below standard rental laws in this country.

My primary reason is I don't want to pay someone else's investment.