My bet that HSBC (and Standard Chartered) were weathering the crisis better than other UK banks has taken another knock, with the FT revealing today HSBC’s plans to raise £12 billion to shore up its finances. The bad news has long been expected, and the is price down 45% since October 2008. (To think that [...]
February 2009
I was going to post this yesterday, but creator Jonathan Jarvis’ website was down, presumably under the load of thousands of Wall Street bankers (or their secretaries) desperately clicking to learn where they went so wrong: .
When deciding whether to buy a particular asset, we should also pay attention to the assets we already own. A collection of assets is called a portfolio. By buying and holding assets with different characteristics, we can try to create a portfolio that offers the greatest return for the risk we’re prepared to take. Holding [...]
Long-time Monevator readers might remember my series of posts from September 2007 on selecting a high yield share portfolio (HYP) to secure a growing dividend income. For those who missed it, the series so far comprises: Grow your income with dividends from high yield shares: HYP Part 1 How to choose a good high yield [...]