by The Investor
on January 11, 2010
A case study: A few weeks ago, my friend D. decided he should start putting aside some money for the future.
A bohemian sort in his late 20s and without any savings, D. has no fixed career, let alone a pension. But things are going okay for him right now, and he thinks he can save £100 a month.
Not much, but a start.
D. also has the usual British aversion to money, which means he knows absolutely nothing about saving or investing and wrinkles his nose at the thought of learning more.
Now, I’d be the first to say he should take responsibility for his own financial future and start reading up on this stuff for himself.
In fact I’ve said so in the past – which is probably why instead of talking to me he instead went to a family friend, a financial adviser who’d advised his uncles.
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by The Investor
on January 9, 2010
A good start to the year here on Monevator, from my point of view at least. Lots of readers kindly chimed in on my 2010 blog goals, and I stuck to the first of them, posting four more times this week on a wider range of money-related matters: technology investing, Shopify, snow and pay, and hedge funds.
I’ve still to nail those shorter posts, though!
Continuing the good vibe theme, my post of the week is from the Psy-Fi blog, where Timmar considers happiness and its relationship to wealth (via his customary detour into behavioural finance…)
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by The Investor
on January 8, 2010
When you’ve got ridiculous amounts of money, the usual rules of wealth go out of the Georgian windows.
If hedge fund manager Michael Platt wants to buy himself a waxwork gorilla nailed to a wooden cross, who am I to argue? I suspect the Micawber principle still applies.
Platt, 41, is the co-founder of BlueCrest Capital Management, a London-based hedge fund group with over $16 billion under management. Its main fund rose 41% and earned over $400 million in fees in the year to October 2009.
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by The Investor
on January 7, 2010
This week saw the launch of a big money competition from Shopify, a leading online store vendor.
The American entrant who sets up the new Shopify store that achieves the greatest turnover within any two-month period over the next six months will win $100,000.
Full details here.
Sadly, the rest of us around the world (even Canadians!) aren’t eligible for the cash prize.
But we can still claim the moral high ground by beating our Colonial cousins. We can also access the tutorials and forums that Shopify is running.
And, of course, we can make money!
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