by The Investor
on May 24, 2009
The MPs' expense scandal is a symptom of a bodged and dated political system
A couple of readers have asked me what I think about the MPs’ expenses scandal that’s turned the British Isles into a Banana Republic.
My first thought is Banana Republic politics is rather fitting for the UK today, given our dire national finances, unelected leader and last week’s threat to our debt’s AAA status.
Beyond that, the expenses row is not a matter of personal finance, or even business and economics.
It’s politics of the most venal kind.
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by The Investor
on May 23, 2009
Some interesting financial and investing posts I ran across this week, plus a few decent articles from the newspapers.
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by The Investor
on May 19, 2009
When deciding how often to rebalance your portfolio, you’ll need to consider several factors, including:
- The kinds of assets you hold
- The cost of trading such assets
- Tax issues
- The free time you have available
- Your personal judgement
- How often you can be bothered to do it
I’m serious about that last point, incidentally.
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by The Investor
on May 18, 2009
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 people into the housing market, which amounts to supporting homeowners who over-stretched themselves (although happily to no great affect so far).
Here are the key details: [continue reading…]
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