First-time buyers under 35 who are saving a cash deposit for a house might want to haul over to Abbey’s website, pronto. The bank has a new product called the Abbey 5% ‘Home Saver’ Account that at a glance looks ideal for any saver who qualifies. It certainly beats the UK government’s approach to helping [...]
The Investor
Every week I read a large number of personal finance and investing articles. Here’s my latest shortcut to the best. The market fell a little this week. Hurrah! I’m currently selling down some bits and pieces to fund this year’s tax-free ISA , and a nice drop would make my long-term money go even further. [...]
Once you’ve committed to rebalancing your portfolio to maintain your chosen asset allocation, you need to decide when you’ll do the deed. As usual, I’m definitely not going to give you a precise plan on how often you should rebalance. I think there’s no perfect answer, and you need to decide for yourself. That said, [...]
I have previously discussed why rebalancing your portfolio is a good idea. In short, by reducing or adding to your holdings in different asset classes, you can smooth your returns and keep risk within a level you can tolerate. How do you actually do it? Well, rebalancing is definitely an art more than a science. [...]