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Deprivation of assets vs just spending as you go along

Kirkmain · 2024-03-24 15:33:02

If I sell all my assets, turning it into liquid cash, and then spend it and gift to my friends and family to spend. And I mean SPEND, not invest into tangible assets. Like use it to live, see the World, savour Michelin star restaurants, experience VIP Taylor Swift concerts, enjoy relaxing massages and Spa holidays, play on…

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Albermarle Posts: 27,796 Forumite

26 March 2024 at 10:22AM

lr1277 said:

I object to your labelling people that are in care homes being funded by the LA as workshy, shiftless layabouts.
Some of them will have been in jobs that didn't pay much for example nurses, emergency service workers, retail employees and a whole host of other professions where the person has not had the excess cash to save and invest. Unlike you of course.
With that I am out.

@lr2277

Well said !

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