In the previous article we started talking about planning your pension to ensure you have enough money to sustain your lifestyle throughout your retirement. Here are a couple more things to consider when organising your finances today. Consider other sources of income. It’s worth considering whether you have other sources of income that could let…
A stock bounce reversed in Asia on Wednesday, commodities sank and the Dollar climbed amid ever-louder warnings that Federal Reserve monetary tightening may lead to an economic downturn. An Asia-Pacific share Index shed over 1%, with Chinese technology equities among the worst performers. US and European futures declined as brief optimism from a Tuesday jump in…
The major news last week was the release of US Consumer Price Inflation (CPI) data for January. The reading, which analysts thought would come in at 7.3%, hit a 40-year high and was ahead of expectations at 7.5%, year-on-year (YoY). This was 0.2% higher than expected, and the steepest 12-month rise since 1982. Core CPI…
On 6 October 2020, the Economic and Financial Affairs Council of the EU (ECOFIN) issued a revised list of non-cooperative jurisdictions for tax purposes known as the EU ‘blacklist’. The latest review of this list has added the island nations of Anguilla and Barbados, whilst delisting Oman and the Cayman Islands. The EU has faced…
How much is a company with no sales worth? Apparently, the answer is up to $30bln if that company is in a hyped industry such as electric vehicles. It is common consensus (there are few other sorts) that the internal combustion engine, the power behind the first and second industrial revolutions, is on the way…
If you had needed to send money in different currencies, or indeed to some extent bought foreign currency, you just know that the 0% commission just does not add up. The reason being is that the majority of High Street Banks may not charge commission for a currency sale and purchase, but will have some very wide margins on the…