Tax is not payable on capital gains with spread bets. While it’s certainly a risky form of pseudo-investing, it might be useful in some circumstances.
2012
Facebook is set to be the largest internet IPO in history. How will the entry of this behemoth affect your index trackers?
A free lecture course from a top university to help you catch up with Charlie Munger. Plus other good reads from around the Web.
I think going to university is now too expensive, time consuming, restrictive and potentially soul-destroying for people with talent to bother with anymore. University has become a terrible deal, and most ambitious people shouldn’t go. There, I said it. I don’t know why it’s taken me so long to admit to myself that tuition fees, [...]