Good reads from around the Web.
The past few years have seen many British investing blogs come and go. I’ve always tried to send a few readers to the more promising ones, but only a handful ever made it to their one-year anniversary.
One recent arrival that I hope goes the distance is Under The Money Tree [1].
Written by a mid-30s finance professional who wants to escape the City while he’s still young enough to laugh at those cooped-up there, Under the Money Tree only posts weekly, but like Monevator his posts are longer, and his writing is of a high quality
This week’s article is on how much income your portfolio will produce [2]. It takes this well-worn theme for a new spin with some handy tables that let you easily see how much capital you’ll need to fund your idea of a lavish (or otherwise) retirement.
I also like his idea of working out how much capital you’ll need in order to generate sufficient income to pay for specific expenses, post-retirement:
Of course such a table shouldn’t be taken as gospel. It’s more a motivational tool than something to carve into the brickwork above your PC.
I’m young enough to have paid bills before mobiles and broadband were invented, and I’m sure there will be other currently unimaginable bills that will need to paid when I retire. (The weekly delivery of special material for my domestic 3D printer, perhaps?)
Other bills may go away. Car insurance could plummet in an era of self-driving cars, for instance.
Go check out the full post [2], and leave a comment if you’d like to encourage Under The Money Tree to keep up the good work!
From the blogs
Making good use of the things that we find…
Passive investing
- What young investors need to know – Canadian Couch Potato [3]
- Investing edge: Do you have it? – Abnormal Returns [4]
- [For geeks] A debate about rebalancing – Capital Spectator [5]
Active investing
- Josh Brown’s (anti-)rules for traders – The Reformed Broker [6]
- What to do when your shares fall 20% – Clear Eyes Investing [7]
- Three overlooked reasons for Berkshire’s success – Farnam Street [8]
- Spotting bubbles is just half the problem – A Wealth of Common Sense [9]
- Devro’s setback could be a value opportunity – iii blog [10]
- Valuing China’s Alibaba, the largest IPO ever – Musings on Markets [11]
Other articles
- How to become a great negotiator – Altucher Confidential [12]
- Beware the £33,333 sandwich – Mister Squirrel [13]
- The squeezed middle is doomed – Simple Living in Suffolk [14]
- How will cities evolve as rents soar? – Csen [15] [Via Abnormal Returns [16]]
Product of the week: An interest rate of just 1.35% is enough to make Tesco’s easy access Internet Saver account a table-topper, says ThisIsMoney [17]. But beware the 0.6% bonus component that ends after a year.
Mainstream media money
Some links are Google search results – in PC/desktop view these enable you to click through to read the piece without being a paid subscriber of that site.1 [18]
Passive investing
- Where outperformance comes from – Housel / Motley Fool US [19]
- Billionaire investors aren’t my role models – WSJ [20] (featuring Mike [21])
Active investing
- Mark Slater looks for Growth At A Reasonable Price – ThisIsMoney [22]
- Active management in bafflingly good health [Search result] – FT [23]
- Seven tips for would-be traders (if they really must) – N.Y. Times [24]
- The US oil boom won’t hold prices down forever – Bloomberg [25]
- How billionaire fund managers happen – FT Alphaville [26]
Other stuff worth reading
- British house price heat map – Telegraph [27]
- The unspoken retirement risk is mental infirmity – MarketWatch [28]
- HMRC to collect unpaid tax from bank accounts – Guardian [29]
- Some young bankers trading 90-hour weeks for startups – Bloomberg [30]
Book of the week: Financial pundit Josh Brown has a book out about his rival pundits, Clash of the Financial Pundits [31]
Like these links? Subscribe [32] to get them every week!
- Reader Ken notes that: “FT articles can only be accessed through the search results if you’re using PC/desktop view (from mobile/tablet view they bring up the firewall/subscription page). To circumvent, switch your mobile browser to use the desktop view. On Chrome for Android: press the menu button followed by “Request Desktop Site”.” [↩ [36]]