Every week I read a large number of personal finance and investing articles. Here’s my latest weekly shortcut to the best.
So how is the market rally going for you? Being almost 100% invested after repeatedly buying through the bear market, like anyone invested I’ve seen a big bounce. Not so much that it wouldn’t have been better to cash out in late 2007, of course, but hindsight is a wonderful thing!
That said, I’m pretty pleased with the timing of my post saying that if you weren’t investing then into the March lows, when would you buy?
If that turns out to be the bottom, that post will be a small consolation. I’d genuinely prefer equities to stay low for years. Cheap prices are the best way to build up future wealth if you’re adding money to your portfolio.
So is this a “dash to trash” or a new bull market? I suspect the latter, but I’d prefer the former!
Good reads from the financial blogosphere
- The Simple Dollar discusses the stroop effect and money.
- Here’s a transcript of the 2009 Berkshire Hathaway annual meeting, featuring lots of comment from Warren Buffett and his sidekick Charlie Munger. (You need to click on the arrow on the page to see the ‘live blog’ format transcript).
- The Mortgage Guide UK shows how mortgage equity withdrawal has plunged here in the UK with a useful graph.
- Oblivious Investor makes the great point that uncompensated risk is for suckers.
- Moolanomy introduces the concept of the financial RADAR.
- Dividends Value asks if ETFs are good for income investors. One for U.S. readers, mainly.
- Amateur Asset Allocator has reviewed the Oblivious Investor book.
- I Will Teach You To Be Rich has a decent post on starting your own business. (Regular Monevator readers won’t need reminding of the start-up risks that seldom get mentioned, though.)
- My Money Blog has found a very funny Onion video on personal outsourcing.
Generally UK-related articles from other websites and papers
- The FT points out how well emerging markets have done recently.
- One FT columnist likes the new RBS Accelerated Tracker structured product. I don’t.
- Derek Pain is looking at small cap oil shares in The Independent.
- The Times asks if it’s now time to invest. Yes, after 25% gains. Keep up chaps.
- The Independent warns you should be cautious with bond funds.
- The Motley Fool looks at profiting from a mining recovery.
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