The exposure of a “star stock picker” has been just confirmation that “stars” really are a myth. The collapse of Neil Woodford’s stock picking prowess has left some of his … Continue reading As stock-picker falls to earth, beware of stars
Inflation is defined as a general increase in prices and a decrease in purchasing power. For anyone nearing retirement, the threat of inflation presents a nightmarish scenario; fixed income being … Continue reading If inflation picks up, what is the impact on your retirement plans?
Lived well within their means There are a few simple rules when it comes to managing your money and a key Golden Rule is to live well within your means … Continue reading How janitors and secretaries grew pennies into millions
Today’s report from the Irish Central Bank provides some bank holiday cheer; we are all wealthier! A lot of our new-found wealth derives from rising housing value. Savings and investments … Continue reading False sense of wealth
The headlines said it all… ‘Investors lose millions in Detroit property fund‘. It’s a classic story of a trusted advisor getting an investment strategy wrong. It happens! But in … Continue reading As Irish investors lose millions in Detroit, personal financial skills matter more than ever!
There is little doubt that Ireland is experiencing a chronic shortage of family homes. And this shortage is fuelling a dramatic rise in property prices. Some commentators are comparing today’s … Continue reading Investment opportunities in Ireland today
A report in the Irish Times today illustrates the massive appeal of ‘buying low’. It’s been a mantra of brokers for decades; the ‘you can’t lose’ argument that can be so successful … Continue reading Detroit Investment Shambles for Irish
Very little apparently! Back in the late ‘90’s, when I was still a credit underwriter, I worked on a project that I thought was a little bonkers. The project was … Continue reading What’s the difference between a fund analyst and a computer?
Ronald Read lived in rural Vermont and pumped petrol for a living. But on his death, friends were surprised by his wealth. Mr. Read, a longtime resident of Brattleboro, Vt., … Continue reading How frugal living and patience are keys to growing personal wealth
New proposals on immigration controls in the UK will result in private landlords becoming legally responsible for ensuring that they only let properties to people allowed to be in Britain. … Continue reading UK landlords to take on immigration enforcement role
A frantic search for strong investment returns is resulting in high risk mortgages making a comeback. In a story carried in the New York Times, it details how banks that … Continue reading High risk lending makes a return
Finally, there is some action to make those responsible for the global financial meltdown to answer for their wrongdoing. Standard & Poor’s, the ratings agency has stated that it is … Continue reading Rating agencies called to answer for failures