Economists have really struggled to be taken seriously since the financial crisis of 2008-09. And that’s worrying because these experts are probably the most important policy-shaping advisers behind our politicians.
What would YOU like to learn – about managing your money – for the long term? You’ll need to learn the fundamentals of course – and I can make this FUN – by showing you: How to connect your money – to what matters in your life and How to CUT the cost of saving for…
The government (rightly) backed down on this change – after I’d written this article. But I’m leaving it here because I suspect that this change, or something similar, will occur after the next election.
Open letter to the Financial Conduct Authority
This political type of Insight is rare for me but this issue comes down to human behaviour and I have something to say about that. Yesterday, Donald Trump took a another big step towards chaos in the USA – and around the world – with his latest ‘executive order’ – on immigration.
So, how’s the UK Stockmarket looking now? Is it safe to invest your life’s savings? This is a big question – with many possible ways of answering it – but if you had to choose just one key number for some guidance on whether Stock-markets are over (or under) priced at any given time – what…
If you want great quality financial advice at an affordable price you are going to struggle to find it. And that’s especially true if you’re not very wealthy OR you don’t have a super high income. The reason for this is simple and it’s the same all over the world.
In 1989 the Japanese bubble (in property and stock markets) was fully inflated. The Japanese were enjoying what they – and the rest of the world – thought was an economic miracle.
What are the chances of rolling a double six? Well that’s easy – it’s 1 in 36. The chance of rolling a six is 1 in 6 (1/6 as a fraction) . . . so the chance of rolling two sixes is 1/6 x 1/6 = 1/36. Okay, so if probabilities are this easy, can…
Winston Churchill was famous for many things but perhaps his greatest asset was his speaking power. People follow leaders who communicate well. That said, we’ve been reminded this year, that some people follow overconfident fools. A subject we’ll come back to another time. Today I want to focus on what Churchill did differently to make…