Our series on why you must get out of debt looked at how credit cards can double the price you pay, at the cost of foregone investments, and why mortgages are the only good debt. But there’s another reason to get out of debt. It’s hard to price, but it may be the most valuable […]
Read More →This is one of the most revealing stock market charts I’ve ever seen. It shows just how rough the ride is when you invest in equities – in this case the FTSE All-Share index: [Click to enlarge the revelation] Source: J.P. Morgan Guide to the Markets UK, 31 March 2020, p.92 (updated quarterly).1 Most investing […]
Read More →What caught my eye this week. Remember a thousand years ago – or more precisely, in March – when we watched with horror news stories of Italian hospitals overwhelmed with patients and footage of sullen families barricaded inside their homes? I think most of us failed to connect what was happening on TV with what […]
Read More →What caught my eye this week. Mixed events in the global soap opera saga Coronavirus this week. The good news is the Prime Minister returned from that episode to tell us we’re probably past the peak of Covid-19. The focus now is on R0 – or R, as it’s been sensibly rebranded – aka the […]
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