By buying commodities you can diversify your portfolio over the long-term so it’s less dependent on the returns from shares. You might also hope to trade commodities, if you think you can buy when they’re priced low and sell when they’re high. (Far easier said then done, and plenty of boys in braces will hire you if you manage it regularly).
February 2008
The Simple Dollar has sparked a great debate about what to do with unused credit cards. One key thing to watch is your credit rating.
I’m a bank manager, don’t you know. Okay, I’ve been experimenting with Zopa, a peer-to-peer site for lenders and borrowers. Zopa is like an Ebay for money, in that you deal directly with Joe Public rather than institutions. If you fancy trying it, follow this link to Zopa and we’ll both get an introductory bonus. [...]
The FT columnist and renowned investor John Lee reckons UK small caps have been battered down so much by the recent mayhem that it’s time to buy. He’s been buying building stocks and hotel micro-chains.