Some interesting financial and investing posts I ran across this week, plus a few decent articles from the newspapers.
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.
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…]
Every week I read a large number of personal finance and investing articles. Here’s my latest shortcut to the best.