What caught my eye this week.
And you, The People – as we must say these days – expressed your FIRE plans as follows:
Tempting though it is to present these results as a crushing blow for my workshy arch-frenemy The Accumulator, I’d say it’s really a no-score draw.
That’s because in hindsight the phrasing of the ‘maybe do a bit of work if interesting’ option made it a no-brainer. Only the most dedicated rat race escapee would turn down doing a little paid work they thought was both interesting and useful, surely?
Actually, perhaps the ever-reasonable Details Man really won the debate, given this result.
If so, the prize for victory – diddlysquat, bar the joy of me contesting the results when I see him next – couldn’t have gone to a nicer FIRE-seeker.
Enjoy the links, and your weekend.
The Slow and Steady passive portfolio update: Q4 2019 – Monevator
From the archive-ator: Admit it – you miss the market meltdown – Monevator
Note: Some links are Google search results – in PC/desktop view you can click to read the piece without being a paid subscriber. Try privacy/incognito mode to avoid cookies. Consider subscribing if you read them a lot!1
FCA proposes rules requiring banks to stick with a single rate after introductory deals – Guardian
Vanguard prepping to enter UK advice space – Investment Week
Your tax return: The deadline is looming [Search result] – FT
40% rise in companies opting to leave the stock exchange – Guardian
British collector sells 3,000 Matchbox toy cars for £300,000 – ThisIsMoney
Two-thirds of London Capital Finances clients set to lose their savings – ThisIsMoney
Fintech users just can’t get enough of traditional banks [Search result] – FT
Products and services
Six tips for anyone buying a leasehold property – ThisIsMoney
Energy bills: Switch now to save up to £300 – Guardian
Ratesetter will pay you £100 [and me a cash bonus] if you invest £1,000 for a year – Ratesetter
Equity release mortgage rates are at record lows, but tread carefully – ThisIsMoney
Grade I-listed homes for sale [Gallery] – Guardian
Mini house price and property special
Halifax: UK house prices up 1.7% in December, lifting annual rise to 4% – Guardian
London house prices link to earnings is ‘almost entirely dislocated’; North, no so [Search result] – FT
What do you want to happen to house prices? – Simon Lambert
Why one wealth adviser changed his mind about buy-to-let [Search result] – FT
Comment and opinion
Charts of the decade (UK-style) – The Financial Bodyguard
Mr Market isn’t so foolish, after all – Morningstar
Extreme FIRE and how to live well – Simple Living in Somerset
3 ways to get the ‘unbanked’ into equities [Podcast, US but relevant and passionate] – Bloomberg
Massive ‘Tweetstorm’ thread making the case for global investing – Meb Faber via Twitter
Why longer-term bonds have greater price volatility (interest rate risk) – Oblivious Investor
Annual FI audit – FireVLondon
How much does rebalancing frequency matter? An interesting experiment – Of Dollars and Data
Gradual improvements redux – The Irrelevant Investor
Crazy tales of financial fraud – A Wealth of Common Sense
Naughty corner: Active antics
Wall Street strategists look to unearth the next ‘Fangs’ [Good luck with that!] [Search result] – FT
UK Value Investor’s 2019 portfolio review… – UK Value Investor
…another review, from one of my favourite UK small cap stock pickers – Maynard Paton
…and a review of the past decade from one who focuses on investment trusts – IT Investor
A heroic attempt to make a theoretical case for active investing [Geeky] – Alpha Architect
Kindle book bargains
Economics: The User’s Guide by Ha-Joon Chang – £1.99 on Kindle
The Shock Doctrine: The Rise of Disaster Capitalism by Naomi Klein – £1.99 on Kindle
The Making of a Manager: What to Do When Everyone Looks to You by Julie Zhuo – £0.99 on Kindle
Off our beat
Frog in a blender – The Feld Report
The end of ‘someone’ – Seth’s Blog
Obsessed with Wikipedia’s personal life entries? You’re not alone – Seattle Times
2020: What a time to be alive – Morgan Housel
“The world is full of examples of two things that appear to be related because they move in concert with one another, merely by chance. The number of films Nicholas Cage appeared in is highly correlated with the number of people who drown in a swimming pool each year.”
– Ben Carlson, Don’t Fall For It: A Short History of Financial Scams
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