What caught my eye this week.
The knowledge gap about money and investing between you guys and the average person in the street is staggering.
A reader let me know me recently that their “genius level” friend was left baffled by our website. I was pointed to the story in the comments on the Financially Free By 40 blog :
I love Monevator, and the authors, and the content. The site has helped me so much and I’m wildly indebted to the cheapest broker table.
I suggested Monevator to my (bright, mathsy, actual genius-level-IQ) relative because I wanted her to consider dumping her expensive IFA and go it alone.
I sent a couple of Monevator links, including the one to Lars Kroijer’s excellent video series.
Instead of following the links, she searched for Monevator and started reading the first page, which was a wildly complex post (I think about tax efficiency of bonds and bond funds).
She dutifully ploughed through the first two-thirds of it, before being utterly convinced that investing was too hard for her to do alone, and that she needed her comfort-blanket IFA more than she realised, and that her IFA was doing all this in their sleep […]
It’s great that Monevator has the detailed bond-focused page, it is a useful resource; but without a flashing warning for newbies to go avoid reading it as a first article I’d struggle to recommend it to a beginner.
Does that make sense?
I’ve swapped a few emails with this thoughtful reader and we’ve agreed there’s no easy solution, particularly for an established site like ours.
I think we’re pretty much set up for fanatics now. Or at least the pretty clever
If you think I exaggerate, then go test yourself via the short financial quiz that CNBC  published this week.
Don’t worry – it’s a US site but the questions  are relevant wherever your are in the world.
And double don’t fret that you’ll get something wrong and be left virtually blushing in front of your fellow Monevator readers.
While fewer than one-third of Americans could answer all three questions correctly, most of you will ace it 100%.
Income inequality and wealth inequality are hard enough to do something about. But I have no idea how to tackle this gap.
Find out when you’ll make your million – Monevator 
From the archive-ator: How much interest do you earn on a million pounds? – Monevator 
Note: Some links are Google search results – in PC/desktop view these enable you to click through to read the piece without being a paid subscriber.1 
The biggest investment winners and losers in ten years after the crisis – ThisIsMoney 
Political uncertainty blamed for slowdown in UK property market – Guardian 
Americans are dying younger, saving corporations billions – Bloomberg 
She retired at 28 with $2.25m – CNN Money 
Hedge funds gaining influence due to passive boom [Salt – take a pinch!] – Bloomberg 
Divorce case pension sharing orders on the rise [Search result] – FT 
Pensioner households tripled income over 30 years, workers’ only doubled – Guardian 
Products and services
Bank of Cyprus UK cuts top savings rate to 1.2% after three days – ThisIsMoney 
Do I really need a titanium credit card? [No. Search result] – FT 
Pension charges saver hundreds in fees on pot that didn’t budge – ThisIsMoney 
Should you sign up for EDF Energy’s 20-year solar panel trial? – Guardian 
Calls to bring back 100% mortgages to combat wealth inequality – Telegraph 
Do you have a stamp collection? Get a free valuation – ThisIsMoney 
Comment and opinion
Goodbye BTL: A landlady of 13 years says it’s all got too costly… – Guardian 
…and she is hunted down and vilified online for her candor – Guardian 
Bond bubbles tend to slowly deflate, not burst – Bloomberg 
3 reasons index fund investors deserve perdition… or not – Morningstar 
What would happen next if this was 1929? – The Irrelevant Investor 
10 topical questions – A Wealth of Common Sense 
Why you feel richer or poorer than you really are – Science of Us 
There are no constants in investing – Pension Partners 
A decade on from the ‘quant quake’ that roiled factor funds – Cliff Asness 
Tesla: A disruptive force and a debt puzzle – Musings on Market s
The case for becoming a ‘10% entrepreneur’ – Patrick McGinnis 
“The solutions he proposes generated a reaction within in me that I was surprised about – my response to them was mostly, ‘Okay, that makes sense – but you first.’ Who wouldn’t want their own children to have every possible advantage under the sun? Who doesn’t see the wealth they accumulated as earned and deserved? I’m all for leveling the playing field, as long as I don’t have to drop whatever opportunities I’m able to secure for my own kids. “ – The Reformed Broker 
Off our beat
For some reason, Dan Carlin is giving away his nuclear war history lesson for free [Podcast] – Hardcore History 
DIY genetic testing firm 23andMe faces new challenges – Fast Company 
The cost of a free lunch – Raptitude 
That Google Memo: Four scientists respond – Quillette 
Brian Cox has anecdotal data on climate change’s Barry Blimps – Twitter 
Thieves return bike with ‘awesome’ apology note – Telegraph 
“As Fama put it, ‘Life always has a fat tail.'”
– Roger Lowenstein, When Genius Failed: The Rise and Fall of Long-Term Capital Management 
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- Note some articles can only be accessed through the search results if you’re using PC/desktop view (from mobile/tablet view they bring up the firewall/subscription page). To circumvent, switch your mobile browser to use the desktop view. On Chrome for Android: press the menu button followed by “Request Desktop Site”. [↩ ]
- $1 billion start-ups. [↩ ]