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TENSION SURROUNDS G20 SUMMIT
Categories Investment, Pension
This week all the focus has been on the G20 summit that is taking place in Germany.
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Categories Investment, Pension
This week all the focus has been on the G20 summit that is taking place in Germany.
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Categories Debt Consolidation, Financial Planning, Investment, Mortgage, Pension
A little trip to www.nationaldebtclock.co.uk is pretty illuminating as your watch the UL's debt (currently £1.87 trillion) rise as £5,170 per second and interest per year at over £45 billion.
Translated into dollars and piling them on top of each other, they would take your nearly 164,000 miles - or 69% of the way to the moon in height.
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Categories Financial Planning, Investment, Mortgage, Pension
A consequence of the government's new position is that much of the planned legislation has had to be abandoned and the focus will mostly be Brexit.
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Categories Financial Planning, Mortgage
Looking at the different borrowers, homeowner borrowing was down 12% on last year (March to March), first time buyers up 12% on the year, and home movers down 33% year on year (by lending volume i.e. the amount of money loaned).
Interestingly remortgaging was up 24% year on year by volume.
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Categories Financial Planning, Investment, Mortgage, Pension
Uber has raised $12bn in funding and is valued at $69bn despite having made substantial losses throughout its existence.
It is one of a number of tech-based companies which have been hugely popular with private capital searching for the next big thing in a period of sluggish GDP growth.
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Categories Financial Planning, Investment, Mortgage, Pension
A passive fund operates where your pensions/ISAs etc are simply placed into a fund that effectively tracks an index such as the FTSE All-Share, NASDAQ etc.
As it rises, your money rises with it, and vice versa. Tracker funds and Exchange Traded Funds (ETF) are the two most popular passive funds.
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