Perhaps the greatest investment-making decision flaw of all, is the self-inflicted psychological torture of FOLO - the fear of losing out. More often than not, the loss or gain is actually imagined, but that drive leads 250 people per day to fall foul of investment scammers.
This week saw the return of two summer traditions, flash flooding and a European market crisis.
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Over 1,000 times the cost of a mortgage
By Worldwide Financial Planning
Categories
Mortgage
179% for one month’s lending is quite different than the 0.145% charged by the average mortgage lender; in fact it’s 1,234 times as much. Put another way, you will pay as much interest on an unauthorised £100 overdraft as you would pay on a £123,400 mortgage.
"I felt a wonderful dialogue was building up between you and me, and, ultimately, it is the only dialogue that matters." Trump's letter to the North Korean leader cancelling their long-awaited rendezvous at times reads more like a Dear John letter than official correspondence to the world's biggest nuclear threat.
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Hidden 7% cost for flights
By Worldwide Financial Planning
Categories
Investment
Deciding to book a flight in a foreign currency? Watch out for a few tricks. I’m often offered the ‘guaranteed rate’ by the vendor. Guaranteed very expensive perhaps, but not guaranteed fair.
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OIL HITS $80 A BARREL FOR FIRST TIME IN FOUR YEARS
This week we've seen a significant jump in the oil price, no doubt to accommodate the production of souvenir plates and tabloid pull outs for the royal wedding.