One morning, John, a 52-year-old software designer, wakes up and realises he no longer has to go to work. For several years, he has toiled 70 hour weeks at his London based start-up company. Now his company has gone public and John is worth over £10m. His dreams have come true, yet, after an initial […]
Case Study Taken from The Independent, Saturday 10 January 2009 Nick Eddy, 27, is originally from Victoria, Australia and has been living in London for less than a year. He is a civil engineer and has been working in construction management for the 2012 Olympic Games for the past four years. Nick doesn’t have an […]
It seems plausible that last year’s financial meltdown was so extensive and so well-advertised that investment experts (in particular, stockbrokers and discretionary managers) would have found it relatively easy to outperform the broad market by selecting the right stocks or sectors. But a review of several widely read sources of advice suggests that, in at […]
The Bank of England has again cut interest rates, bringing base rate down to just 1.5%, its lowest level since the creation of the bank in 1694. In a statement issued alongside the announcement the Bank highlighted several factors leading to its decision: ´The world economy appears to be undergoing an unusually sharp and synchronised […]
Question Duncan, should I consider gold as a possible safe haven for some portion of my portfolio? Answer The volatility of gold prices (and of commodity prices in general) is much like that of stock returns. Gold is far from a safe haven.