by The Investor
on September 7, 2009
I am a proud uncle again. Or rather, I’m more of an uncle than I was.
I’m uncle-ier!
What I mean to say is my sister has had a beautiful daughter, and my brother already has a splendid son.
Besides being a source of much needed happiness in our family, the arrival of Niece #1 raises an issue I never resolved with Nephew #1 – whether and what to give them to mark the occasion.
Being childless myself it’s news to me, but apparently there’s a tradition of buying newborn children presents they’ll look forward to getting when they’re older.
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by The Investor
on September 5, 2009
My weekly commentary followed by my weekend news and blog links round-up.
Back in July I explained I was buying an iPhone in a post about how denying things can actually damage your wealth (within reason!)
My millions of fans You obviously took it literally, because iPhones had become gold dust in the UK by the time I got around to buying one.
O2 hasn’t had any for weeks — I suspect because Vodafone and others are being stocked up ahead of their rumoured October iPhone launches, although some say they’ll only get old models.
Anyway, I eventually got mine from the Apple store; the last 32GB model left in London that day!
There were other hassles, and on activation my phone even turned German until I slapped it about a bit. Nobody wants to see that. It made me realise how easy I find it to save money because shopping is such a pain in the neck.
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by The Investor
on September 4, 2009
This is part of a series on why borrowing to invest is rarely worthwhile.
Let’s imagine you remortgage your home to release £100,000 that you can repay over 20 years.
- You borrow at a great rate of 6%
- The loan is fixed for 20 years
- You invest in the index for its average 10% a year long-term returns
… and then you pocket the 4% difference, right?
Not so fast.
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by The Investor
on September 3, 2009
It’s fair to say Mike Piper has made oblivious investing his own over on his Oblivious Investor blog.
Having coined the phrase, he had a head start, of course!
And with the publication of his new book Oblivious Investing: Building Wealth by Ignoring the Noise
– available in all good bookshops called Amazon.com today – Mike can rightfully boast he wrote the book on the subject, too.
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