A financial story gathering steam is the alleged miss-selling of structured investment products that ‘guaranteed’ your capital was safe. The issue concerns products ultimately backed by Lehman Brothers, the failed U.S. investment bank. Since what is left of Lehamn Brothers may be unable to honor its commitments as the underwriter of certain elements of the [...]
The Investor
Deciding how to react to a crisis like a potential flu pandemic, a natural disaster or war is one of the most controversial aspects of stock market investing. Many panics, whether they affect the whole market or individual companies, turn out to be false alarms. Even those scares that have substance often turn out to [...]
Every week I read a large number of personal finance and investing articles. Here’s my latest weekly shortcut to the best. Just a quick one today: I’m off out to help a friend move his boat around the waterways of London! Good reads from the financial blogosphere The Psy-Fi blog says Buffett and Munger’s contrasting [...]
I guestimated in my rant about the new 50% tax rate introduced in the UK Budget yesterday that I wouldn’t be much better or worse off because of the various changes. A quick skim this morning through the various online calculators that have popped up proves the point: I will be just a couple of [...]