Some interesting financial and investing posts I ran across this week, plus a few decent articles from the newspapers.
The weather is lovely here in the UK this weekend – time for a BBQ! If you’re going to get some smoke going, try these inexpensive marinade ideas from Trent over at The Simple Dollar.
Good reads from the money blogs
- The Psy-Fy Blog offers a fortifying perspective on stock market history.
- My Money Blog recalls how Charlie Munger decided to work for himself for an hour each day.
- Oblivious Investor compares the costs of ETFs and index funds via a formidable equation. I noticed how much cheaper both options are in the US compared to the UK; his example broad ETF has expenses of 0.09% per year, but the iShares equivalent in the UK costs 0.4%.
- Pinyo at Moolanomy explains why he’ll never tell his son “we can’t afford it“.
Generally UK-related articles from other websites and papers
- The Independent bangs the drum for investing in small-caps, arguing they’re comparatively cheap.
- The Economist thinks it’s too soon to get excited about a recovery.
- The Motley Fool says India is the safest BRIC to invest in.
- Savers are being drawn in by two-year fixed-rate bonds offering 4%, says the FT. Two years is the furthest out I’d lock in this environment, that’s for sure.
- Questor in The Telegraph likes Northern Foods for the yield. It’s a company I flogged off two years ago because it seemed to be at the beck and call of M&S.
- I missed this Times interview with UK equity income superstar Neil Woodford a couple of weeks ago. Interesting to read he holds small caps in his giant fund.
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Hello there, I read the article on Harry Browns Permanent Portfolio. Can anyone offer some data on how that would have faired since then up until now? Thanks, from Austin,TX.
@Malcolm – I don’t run a permanent portfolio and don’t have UK data to hand. I may set one up at the start of 2011, though, for demo purposes.
The US blog Crawling Road is good for permanent portfolio information, though it obviously uses US assets (where Harry Browne, the inventor, was based, anyway).
2010 at least was another good year for the PP:
Hope this helps!
Thanks guys, this will keep me busy for a while. Lots of good stuff, good luck, mb.