House builders offer partial loans for home purchases
Should you take a loan on your new home? For example Linden homes is offering at 20% loan on their homes. This means the mortgage is smaller. But a personal loan, say for 10 years means that you will have to find the money then and this could be tricky unless you have some strategies [...]
Mint and Money Dashboard – the new way to save and budget?
Forget the days of trawling through reams and reams of receipts and paper. The new way to manage your finance is online with the services of companies such as Mint. Mint aims to be the one-stop shop for your finance needs from budgeting and planning to handling your tax and receipts. Smart services such as [...]
Are you being forced to rent your home?
The current lack of availability for mortgages is causing many families and would be buyers to rent. This in turn is driving up rental yields making it more profitable for landlords to invest if they have the capital. So we seem to have that familiar situation where first time buyers are in competition with landlords [...]
5 steps to buy that dream car
1. Stop spending. Yes that’s right, stop spending on money on things you don’t need and don’t require. That’s the whole damn dirty secret. See spending money as a sin. The whole damn thing is a sin. 2. Get more money. You can’t just shave costs, you need to improve the amount of money coming [...]
Is Gold a bubble? Sell now before you are ruined?
Many are suggesting that gold is a bubble and that’s its not an asset at all. Here is what we think. GOLD IS THE ULTIMATE BUBBLE Here is why: 1. Greater fool. The price relies on someone else buying gold from you at a higher price. 2. It has no intrinsic value. It does not [...]
We are all investors now.
Sometimes the word “investing” gets bad press. Fact is we are all in someway investors. We decide where to put time, resources and money. Some of us choose education other choose to invest in building up a different skill set. Whether we like it or not investing is about matching; matching expectation with outcomes, for [...]
Is Britain not working?
Recent figures are suggesting that 87 % of new jobs are secured by migrants rather than the UK populace at large. Is this down to: Costs. Could the cost of living me too high in the UK to make it worthwhile to take an entry level job and retain standards of living. Ethics. Could it [...]
Investment in Solar Energy
One way you can save money and even actually make it back is with solar energy. There are two types of solar energy: one that generates electricity and the other that generates hot water. Both can have very good payback period, by which the system has paid for itself in a short number of years. [...]
The end of the ISA?
Paltry rates of interest and long tie ins could be the demise of the ISA, some suggest. Banks have long used lures to reel in unsuspecting consumers and take advantage of their need to generate actual real returns. However this author has yet to find any ISA deal that is above inflation that offers a [...]
Famous investor Warren Buffet says buying his home was one of his best buys.
Warren Buffet considers the purchase of his home one of his best investments. Despite having turned around numerous companies and with assets totalling over 200 billion dollars, Mr Buffet still considers his home, bought for $31,000 his best investment. The house, he says, his given him over 50 years of pleasant memories. So here we [...]
