Category: investing
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We are waiting for interest rates to fall. #finance.
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A pleasant conversation. #financefriday
This week has been wet and miserable here in the Black Country. I did get out and do a little gardening and filled up the bin for “green” waste. I didn’t do much writing or editing. Britain seems to be a nation of people who can’t cook these days and some would starve without take-aways.…
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Loadsamoney? #financefriday
I’m listening to the Martin Lewis podcast, which is useful and he is talking about ISAs. You can save in an ISA, of course, and save on paying tax. I see it as a bit of a gimmick. Why can’t all savings and investment income be tax-free? Not everyone has 20 K to invest every…
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Contagion and opportunities. #financefriday
Yesterday, banking stocks plunged in the US following problems at Silicon Valley Bank (SVB). Contagion caused share prices of other banks to fall as investors worried whether other banks were vulnerable to the same problems as SVB. Sentiment caused stocks to crash across America, spreading to the rest of the world. Today UK banking stocks…
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Money saving ideas. #financefriday
I’m always interested in saving money and increasing my discretionary income. I bought six bottles of wine from Asda this week to get the 25% off! I like good food as well so I went on the BBC good food website and learned a bit about cooking by braising. I might have a go at…
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Surviving the cost of living crisis. #financefriday.
The UK’s cost of living crisis worsened yesterday when the Bank of England increased interest rates. They tell us we will get higher interest on our savings. I checked what Halifax had to offer, and they offer 4.5% on a regular savings account but it is only for the first 12 months. High energy costs…
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Buying less stuff #financefriday
If you can’t make enough money then saving money is the next best option. Being thrifty and shopping around is a good habit to get into. Being frugal and doing your own DIY and your own cooking will save you cash too. I’ve got a sausage casserole for dinner and cooking it was easy. It…
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Marginal economic growth. #financefriday
Apparently, the UK economy grew by 0.1% in November, all because a few football fans went to the pub to watch the World Cup. Maybe they removed a few gifts from their Christmas list so they could afford it or turned their heating down 1 degree? Many people saved through the pandemic and still have…
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Fortune telling. #financefriday
To make money on the stock market you do need to be a bit of a fortune teller. Yesterday afternoon, Standard Chartered’s share price shot up but it was on a rumour and quickly fell back again and lost the rest of that high this morning. I am still optimistic about that stock doing well…
A Zillion Ideas 