i think it was just a post for other to open their eyes a bit wider.
i thought it was a great post and worth knowing if i was heading out here

All responses are welcome.

My post wasn't really a "feel sorry for me" post - although it may have come across like that. I'm sure that there are people who look at the situation and think that we are well off.

It just struck me the other night about badly we seemed to have timed everything - and I wanted to post more for the interest of other readers than anything else.

I have just read an interesting book "The Drunkards Walk" by Leonard Mlodinow. It's basically a book about how random events are manifest in all that we do and dispels some myths about sound financial decision making by top CEOs or fund managers when in reality thety just hit on a string of good luck (similar to tossing a coin 5 or 6 times and fluking all heads). Theory 'proved' by calamitous events in their next job when everything went bad.

Anyhow it made me feel better that we probably just hit a losing streak and things will improve without any definitive plan being necessary.

Think of this way... When you feel your at the bottom the only way is up.

It's true I reckon. Of course, after the event the CEO's go on to write books where they impart these high spun snippets of advice. I read a Jack Welch compilation once and it was - 'tell me something new!'.

I honestly wouldn't worry. Irrespective of where you live, I'm sure that politicians will conspire to ensure that you haven't got two brass ha'pennies to rub together when you slip this mortal coil . . .

I'm a huge believer in 'luck'. People trot out the old "the harder I work, the luckier I get" line, but that only plays a small part in my view. People bust their guts the world over and never see any return for it... others just seem to get it all handed on a plate.

So the streets aren't lined with gold?

Only on the Gold Coast.

Nope just fag ends and dog poo... liked everywhere else!

The experience of UK migrants from 2000-07, where the pound was strong and house prices in the UK more elevated than Australia, is quite unusual compared to most migrants.

The majority, such as those from South Africa, have always had to take a significant step-down in living standards on arrival. And many refugee migrants have had to leave their whole lives behind and start again with nothing.

If you lived in the UK you may not have a job

http://www.abs.gov.au/ausstats/[email protected]/mf/6202.0/

http://www.statistics.gov.uk/cci/nugget.asp?id=12


Total employed in Australia is 11,140,000
Total employed in UK is 29,980,000

I now feel just like ABCD must feel all the time.

Works out about the same then. About 60 million in the UK, about 20 million here, so roughly 50% work in both countries.

Yep.. not much in it really. Funny that as Oz is 'booming' and UK is 'going down the pan'.

Exactly. People will see what they want to see. If they're unhappy in *Australia, the *UK is Utopia.



(*interchangable )