2008 could well be the year when we investors are reminded about the benefits of asset allocation. This rather academic sounding discipline is generally forgotten in times of roaring stock markets, but when the weather gets rougher, people are glad they’ve packed umbrellas as well as beach towels. I plan to learn a lot more [...]
2007
You know Duncan Bannatyne. Okay, not the name perhaps, but you know the man. The accent. Come on, you remember – the scary one on BBC2’s Dragon’s Den? The bloke who sounds moments away from thumping the next entrant who wants £100,000 for a 10% stake in their snake charming business? The great triumph of [...]
Debt isn’t just painful because of the interest bill you pay. There’s also the long-term value of that money if you’d saved and invested it instead.
Buy something on a credit card, pay off the minimum amount per month, and you’ll actually pay for it twice. Here’s the maths.