Archive for the 'Money' Category

  • → I’ve nearly had a heart attack. I’ve just learnt that the Bank of England have slashed 1.5% off the UK interest rates bringing them down to 3% - the lowest since 1955. Crap for your savings, but brilliant if you’ve got a tracker mortgage like Claire and me. ( 0 )
30 Oct 2008

Hedge Funds Bitten By Their Own Greed

Last week Volkswagen weren’t having much of a good time: their shares were down more than 50% and the hedge fund vultures were circling as they started to bet heavily that the VW shares would fall. To make a bit of money off this, they short sold the equivalent of 13% of the VW [...]

  • → I quite enjoyed filling up with petrol today. I got to watch the litres of petrol enter my tank quicker than the Pounds left my wallet thanks to the lovely 97.9p a litre being charged by the Morrisons and Asda petrol stations in my area (petrolprices.com told me) ( 0 )
17 Oct 2008

Buck The Trend, Buy Shares NOW!!

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 [...]

26 Sep 2008

Get Very Rich, Very Quick

Yup, you read right, get very rich, very quick, well as quick as it takes you to register an account and buy a ticket for tonight’s Euro Million’s lottery draw. Just just sit back and relax, with everything crossed hoping your numbers come up for tonight’s draw. Check out the jackpot…

I’ve got my ticket. [...]

19 Sep 2008

FTSE Bounces Back

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, [...]

19 Sep 2008

The Lehman Brothers Have Been Found

The Lehman Brothers have been found…

17 Sep 2008

The Banking World Is Crumbling

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 [...]

30 Jul 2008

Reverse Parking Saves You Money

I heard something interesting today: reversing into a parking space, or onto your drive can save you up to £100 a year in petrol.
Apparently it’s because a cold engine can use up to 4 times as much petrol than a warm engine. So naturally you want to get things warm as quickly as [...]

24 Apr 2008

Are Petrol Stations Ripping Us Off?

I’ve been pondering this on and off for a while: I think petrol stations in the UK are ripping us off ever since the price cracked £1 a litre.
Unlike South Africa, and other countries, the UK’s petrol prices are not regulated (only heavily taxed). Accordingly, petrol companies are free to charge what they like [...]