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    Maths Champion of Askaboutmoney?

    Interesting occurence: Is it really a 48 million to 1 shot? If so, how can it have happened more than once in the history of lotto? Title of Maths Champion of Askaboutmoney will go to the first person who can explain how to calculate the true odds of six or more people sharing a single...
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    Despite good news are people still wary?

    I was just thinking through all the progress we've made of late that has been reported. Positive stories include: 1) We've got our money back on BOI and Irish Life (€5bn+) 2) unemployment rate is down to 12.5%, driven by an actual increase in jobs rather than emigration (it has steadily...
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    Loyaltybuild - Customer Information Compromised

    Just noticed one other thread about this - that was specifically in relation to the response from the bank / credit card company. http://www.irishtimes.com/news/consumer/over-1-5-million-affected-by-ennis-data-breach-1.1592128 This story concerns me. I think people have taken credit card...
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    Local Property Tax: Curious why people haven't chosen the direct debit option.?

    Definitely a 'Shooting the breeze' question here, don't want anyone getting hot and bothered. I'm curious to find out the reasons why people haven't chosen the direct debit option.
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    Visa debit cards failing repeatedly

    Just wondering if anyone else has suffered repeated failure of their visa debit card? I've had three fail in just under a year. The girl on banking 365 today said that the number of failures has been high since the switch from laser. This lack of reliability is very annoying. My card never...
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    LPT: Cranky old guy writes letter to Revenue LPT as reported by the journal.ie

    Interesting article, particularly the comments: http://www.thejournal.ie/pensioner-property-tax-letter-angry-864273-Apr2013/?com_ord=thumbs#comments Any thoughts? The most striking observation for me is that one comment points out "The guy is threatening violence. Disgraceful." This comment...
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    Is Ireland Inc. out of the woods?

    I think the answer to this question depends on many factors that have been extensively investigated on these forums - mainly thanks to Brendan for provoking debate and providing objective and accurate data. I have thought through a number of questions to help us answer the title question. Is...
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    Is now a good time to invest in residential property?

    I've split out a case study I developed on another thread. In this specific thread I want to set out a framework for evaluating the financial decision of whether to purchase an investment property. In this analysis the key factor, in terms of personal situation, is whether you need to borrow...
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    Key Post Is now a good time to buy a home?

    I've split out a case study I developed on another thread. In this specific thread I want to set out a framework for evaluating the financial decision of whether to purchase a home. In this analysis the key factor, in terms of personal situation, is whether you need to borrow to purchase or...
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    Traveller in Phil Hogan row was convicted of stealing cash

    Hi All. This could be a sticky one but nevertheless..... A number of constituents of big Phil asked him to make representations to Kilkenny County Council on their behalf not to house a family in their neighbourhood because they fear there could be anti-social behaviour. I have a number of...
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    Michelle Smith Medals

    I'll start out by saying this has nothing to do with Michelle Smith. She won 3 gold medals and one bronze at the Olympics in 1996. Regardless of whether you think she cheated or not they are there in the record books and are a matter of fact. My problem is with the reporting of our current...
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    John Waters on the Quinns

    [broken link removed] A truly sickening article and an insult to everyone footing the bill for Quinn's farcical efforts at running an insurance company in the UK which will cost us all €1bn in increased insurance premiums and for those who will bear the brunt of the Quinns dealings in the...
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    RTE's Olympic Coverage

    Bill O' Herlihy. Really? Are they serious?? I'm tired and bored with this already.
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    Government raises over €5bn in return to bond markets

    This is fairly monumental, particularly considering what Spain and Italy are going through.
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    I think that PTSB SVR is about right

    I'll be controversial here. Given that PTSB 1) have an outrageously low deposits to loans ratio 2) need to offer interest rates of 4%+ to attract depositors 3) are likely to face arrears in up to 15% of its existing book of mortgages are they the only ones with any sense in terms of setting...
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    Anglo claims Quinn family sold €19m Russian property for about €2,500

    [broken link removed] Mr Quinn also said, because of the way Anglo had acted towards the Quinn family, they had tried to provide as little information as possible to it about matters related to their international property group (IPG). This really makes my blood boil. The whole family are...
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    Dan O'Brien - Claims that bank debt is source of all woes untrue

    [broken link removed] This is a point that has been made on these forums before. I think the above article strikes a correct balance in terms of putting banking debt in the context of our more immediate problem - Non-banking debt! It is unlikely, but debatable, that we could have avoided a...
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    Garlic Scam

    http://www.independent.ie/national-news/courts/man-jailed-for-six-years-over-garlic-tax-scam-3045619.html Anyone find the severity of this sentence utterly shocking? There needs to be punishment obviously, but this seems way OTT.
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    PTSB close to offloading its €22bn tracker burden

    http://www.independent.ie/business/irish/ptsb-close-to-offloading-its-22bn-tracker-burden-3023125.html Can anyone explain what is to be gained by this? Let's just say the average tracker is 2.25% and the average cost of funding is 4% at the moment on the €22bn loan book. Option 1 Accept...
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    John Waters:Alcohol is a highly effective instrument of artificial social compliance.

    [broken link removed] This is really why politicians don’t want to move on the national drink problem. When foreigners ask me to explain why the Irish people have not revolted against the incomprehensible and unjust burdens being placed on them, I tell them to look at the drinking statistics...
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