A month ago, it looked almost certain that the Bank of England would raise interest rates amid a raft of encouraging economic data pointing to growing wage packets and falling unemployment. However, the mood began to change in the middle of …Read More
ISAs (Individual Savings Accounts) were introduced in 1999 to replace PEPs (Personal Equity Plans) and TESSAs (Tax-Exempt Special Savings Accounts). Today Cash ISAs are the most popular form of ISA. Government figures show that £58.8 billion was subscribed to Cash …Read More
What is diversification and why should I diversify my portfolio? Diversification simply means investing your money into lots of different loans, to spread your investment risk as broadly as possible. There are several things you can do to help reduce the …Read More
Given yesterday’s Bank of England decision to maintain UK interest rates at a record low of 0.5%, and global uncertainties affecting stock, bond, currency and commodities markets, there are very few places left for investors to park their money. Interest rates …Read More
The figure 2% is a cosy number. It’s good for company. It’s not a crowd. It’s manageable. It’s the accepted norm you might say. How come then that millions of us blindly invest in stocks and shares or cash ISAs every year for …Read More
The only reason you may not have tried crowdlending is because it’s a new concept. True, right? Not quite. Crowdfunding has been around for over a decade. Older than some shirts (or blouses) in your wardrobe. Even woolen ones perhaps. But …Read More