Long-time Monevator readers might remember my series of posts from September 2007 on selecting a high yield share portfolio (HYP) to secure a growing dividend income. For those who missed it, the series so far comprises: Grow your income with dividends from high yield shares: HYP Part 1 How to choose a good high yield [...]
The Investor
A quick thought on this week’s money news Another action-packed week, with fears about banks continuing, manufacturers slashing jobs as if cutting grass, and house repossessions in the UK soaring. No wonder stock markets fell. The UK FTSE 100 dropped 3.32% to close at 3,889, flirting again with the last year’s lows. The thorn is [...]
Image by: Mangpages It’s been so long since we’ve had an economic downturn that people have forgotten recessions are about being fired, losing your home, and companies going under. The mainstream press is instead treating the recession more like a seasonal change in fashion. In a strange echo of the frivolous attitude that stoked up [...]
A quick update on Zopa, the UK-based peer-to-peer lender that has been proving its worth for both lenders and borrowers during the credit crunch. As I wrote last month, interest rates had been rising for Zopa lenders, but the spike up in bad debt that I feared might have occurred due to the credit crunch [...]