Amid the horror story that was the UK budget today, one bright spot stood out for those of us trying to save and invest our way to wealth. The government is raising the annual limit on ISA contributions from £7,200 to £10,200. Half of this ISA limit can be ‘wrapped’…
Browsing: Commentary
Posts where world affairs and my piggy bank collide
The only thing worse than losing money in the investing game is thinking about profitable opportunities you missed out on. (Yes, investing is pretty much a recipe for misery. Seriously, go invest in a tracker instead). Anyone brave enough to buy certain UK bank shares a few weeks ago would…
(Source: Google Finance) When I wrote about currency risks and opportunities for investors in January, I mentioned I was going to leave my holdings in Japan untouched, rather than cashing in on the Japanese yen’s strength by converting my Nikkei tracker funds back into UK pounds. At the end of…
Eating breakfast this morning, I caught Hugh Hendry, the gloomy and currently outperforming UK fund manager, on CNBC. Hendry’s main call, which he has been rewarded by repeating for months now, is to avoid equities. Yes, the market has fallen, Hendry says, but that doesn’t mean it won’t keep falling.…
