This is a great, if what slightly dark, analogy to explain how different nations deal with the debt and other current economic crises ...
There is a dead body on the kitchen floor, and blood everywhere. It is dealt with in different ways, by different nationalities. The British find it hard to cope with, but try to clear up the mess…
I've highlighted exorbitant interest rates on loans before. Back in 2007, I thought 177% APR was an insanely steep interested rate, but two years later I stumbled upon some astonishing interest rates that I thought would bankrupt you. Oh I was so wrong. Those loans won't bankrupt you, the ones currently being advertised on TV from Wonga.com definitely will...
I bank with Cahoot. It was an internet only subsidiary of Abbey National, however now Santander owns Abbey, it's technically a subsidiary of Santander. Anyway, around about 3 September last year I noticed a change to the way my transactions were being listed online. Instead of displaying something useful like who the money went to and any references used, if …
Ever spotted a product in the shops and thought to yourself, "I'm sure that was cheaper the other day"? Well, I think this a lot in the supermarket and caught myself thinking this regarding the price of Quality Street and Roses chocolates around about this time last year and vowed to revisit this topic this year, just to make sure …
This is a very clever advert for a finance company in Germany, though it's not really for children or the prudish, so depending on your company, it may be NSFW too.
The cost of borrowing money in the UK has hit an all time low and is nearly free. The BoE dropped interest rates to a record low of 0.5% today. Sadly this isn't quite as good as it sounds. The drop doesn't really help many people as most of the banks aren't passing this on in reductions in mortgages and …
Yup, you've read the title correctly: Buck the trend and buy shares now. Warren Buffet, one of the worlds most successful investors is, and I agree with his thinking:
A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.
I mentioned about this time last month that then was a good time …
See, I told you Friday or Monday would be a good day to bung your money into an index tracker ISA. Check what the FTSE 100 has done today:
You'd have made yourself an easy 7.58% in one day. This of course assumes your ISA company invests your money at the beginning of the day, and not the end like mine.
Well, well, well. It appears the banking world is finally being taught a lesson that gambling is bad, especially if it's not your money. In a sanctimonious sort of way, I can't help by think to myself "I told you so". I've been thinking about the every growing greed of the banking world over the last few years and the …
