Not content with lending billions to the banks and bailing out Northern Rock, the UK government has set its sights on homeowners who are struggling to pay their mortgages. According to the BBC: Homeowners will have enough support to ensure that their homes are not repossessed, the government says. The…
Author: The Investor
Remember when Mervyn King, Governor of the Bank of England, was all about applying ‘Moral Hazard’ to the banking system? You know, the idea that some banks had to fail to teach others not to make dodgy lending decisions? You can be sure King remembers making statements on risky lending…
Back in September 2007, I concluded a series on how to roll your own income generating high-yield portfolio (HYP) of leading UK shares with an article that put together an example portfolio. I’ve not tracked that portfolio’s performance, but I’m sure its value has fallen; we’ve been in a bear…
The newspapers are full of stories about the rapid inflation in basic foodstuffs like rice and potatoes. We’re warned of social unrest, new global inequalities, and even the selfishness of speculation (which you can engage in via an agricultural ETF, although I prefer to think of it as insurance against…
