Back in the summer of 2008 Mervyn King gave the startling news that the average family’s standard of living would ‘stagnate’. This is hardly news as the same thing happened (pretty much) last year and the year before. The huge rise in personal debt is evidence that many people have been financing any increase in [...]
With the world in recovery mode, many people are still questioning how the markets got so out of control. They are also questioning something a little closer to home; their own finances.If we were to be honest with ourselves, then we should probably accept that we can improve on at least a couple of the [...]
The gold market was rather impressive in 2009. It started the year at $876 per ounce. It hit $1,226 in November, and whilst down a little, it still closed the year at $1,129.But which way will gold go in 2010 and how to trade it?According to Simon Denham of Financial Spreads, “In the long-term, for [...]
With the world in recovery mode, many people are still questioning how the markets got so out of control. They are also questioning something a little closer to home; their own finances.Some people will be looking for more tax efficient investments. Others will want to diversify their existing portfolios as well as look at new [...]
As the world slowly recovers from the credit crunch and we look back at what went right and what went wrong, people are increasingly looking to take control of their finances.If we were to be honest with ourselves, then we should probably accept that we can improve on at least a couple of the following; [...]
Gold has had a tremendous year. The flight to the perceived safety of gold, as well as the US Dollar weakness, has pushed the metal straight through the $1,000 per ounce mark and up to $1,200.However, it has not been a smooth upward journey. Investors should be aware that ‘pull backs’ in gold can be [...]
Stock trading is one of the last true meritocracies. All that matters for your investment success are your own decisions. Stock trading is a precision-based activity and one tiny mistake in judgment could send you plummeting right to the bottom and result in a huge loss.
Likewise, the opposite could happen. You may make a great [...]
The Federal Reserve were busy this week, first cutting interest rates by .25% on Tuesday, and then proceeding to announce a novel approach to injecting money into the banking system, as it struggles to combat the severe credit crunch that threatens to drag the country into recession.
The Fed said it would conduct two auctions next [...]
In such volatile times there will always be opportunities to make a profit and plenty of opportunities to lose more.One industry that has been thriving is the spread betting industry. Whilst there is currently a ban on shorting financial stocks, investors are still enjoying the ability to buy and sell indices like the FTSE 100, [...]
Gold has experienced a spectacular rise recently. I say recently, the metal has been trending upwards for months.With limited supply, the pressure should always be easier to apply to the upside. However, if this were the only argument then precious metals prices should never really fall.Perhaps the market is not particularly overbought at the moment [...]