Gold has been a popular investment for centuries. The allure of gold endures in today’s varied financial environment. We will delve into the advantages and disadvantages of investing in gold, as well as the different methods by which you can incorporate this valuable metal into your investment portfolio. Pros ofRead More →
Avoiding common investing and trading pitfalls is crucial. Here are some typical investing errors you should try to avoid. Warren Buffett wisely cautions against investing in businesses that are not well understood. It is crucial to have a deep understanding of the company, its market sector, the broader industry, andRead More →
The ‘Sahm Rule’ serves as a heuristic indicator employed by the Federal Reserve to ascertain the onset of a recession in the economy. The Sahm Rule is a real-time evaluation tool based on monthly unemployment data from the Bureau of Labor Statistics (BLS). Named after economist Claudia Sahm, it forecastsRead More →
The unloved rally: A paradox The S&P 500 and Nasdaq have been reaching all-time highs with remarkable frequency, notching nearly thirty record days in 2024, including four in the past week. Despite this stellar performance, a considerable number of investors remain hesitant. Let’s explore the reasons behind this paradox. LingeringRead More →
The demand for diamonds has declined as its allure fades in a key consumer market, China. “Diamonds don’t really fit in anymore despite the strong legacy of De Beers under Anglo,” independent diamond industry analyst Paul Zimnisky reportedly said. According to Zimnisky’s rough diamond index, diamond prices have decreased byRead More →
Warren Buffett, renowned as one of history’s most successful investors, has imparted invaluable insights that can help steer you on your investment path. Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1 This straightforward statement has significant connotations. Although the aim of investingRead More →
The Hindenburg Omen is a technical indicator that signals a higher likelihood of a stock market crash. It measures the percentage of new 52-week highs and lows against a set reference percentage. The simultaneous occurrence of new highs and lows suggests a statistical anomaly from the norm, potentially foreshadowing aRead More →
The International Monetary Fund (IMF) advises that the Bank of England should contemplate reducing its interest rates to 3.5% by the end of 2025. This suggestion is made as the UK’s economy steadily recovers from the recession caused by the pandemic, while policymakers are dealing with inflationary challenges. The ‘thinking’Read More →
Investing in individual stocks can be both thrilling and profitable, yet it carries inherent risks. To make informed decisions, it’s important to adhere to some fundamental steps. Define Your Goals Before diving into stock picking, consider your investment goals Invest for the longer-term, it works! KIS – Keep It Simple!Read More →
Mortgage lenders have started 2024 by cutting interest rates. The UK’s biggest lender, the Halifax, has cut some interest rates by nearly a full 1%, with other lenders expected to follow suit. HSBC has announced it will also make cuts in January. Halifax is reducing its rates, with interest onRead More →
Are you selling online and making a little extra income? Well, if you are, as from 1st January 2024 you will now fall foul of UK tax rules if you do not declare the income generated from these sales. Companies like Etsy, eBay, Vinted, Airbnb etc. are obliged to collectRead More →
Inflation and interest rate correlation The stock market is influenced by many factors, such as economic data, earnings reports, geopolitical events, investor sentiment, and technical indicators. Some analysts have suggested that the recent sell-off in the market may have created some oversold conditions that could lead to a relief rallyRead More →
Reports suggest as much as $3 trillion is waiting on the sidelines to be invested in tech’. AI FOMO The reasoning is that AI is driving a fear of missing out (FOMO). We could very well be experiencing the fourth industrial revolution right now, and it is AI-driven. Strategically, companiesRead More →
Fed holds steady The Federal Reserve held interest rates steady in a decision released Wednesday 20th September 2023, while also indicating it still expects one more hike before the end of the year and fewer cuts than previously indicated next year. That final increase, if realised, would be it forRead More →
Masayoshi Son says AI to surpass human intelligence and that SoftBank will ‘rule the world’. Oh dear…! Main points in brief Masayoshi Son and SoftBank The 66-year-old founded SoftBank, which still controls about 90% of Arm Holdings after the IPO, back in 1981 after graduating from the University of California,Read More →
According to a report by Henley & Partners, a professional consultancy firm, there are 22 people who have crypto holdings worth at least $1 billion as of September 2023. Six of them hold their investments in Bitcoin, the first and largest cryptocurrency by market capitalization. Six Bitcoin billionaires reported net worthRead More →
The UK superfund plan is a new initiative launched by the Prime Minister and the Technology Secretary on 6 March 2023, with the aim of making the UK a global science and technology superpower by 2030. The plan outlines key actions that will involve every part of the government GovernmentRead More →
Interest rates and inflation in the UK The UK is facing a cost of living crisis as inflation has soared to its highest level in decades. The Bank of England has raised interest rates 13 times since December 2021 in an attempt to bring inflation back down to its originalRead More →