cash

“If the property value goes up every seven or eight years and it doubles, which I understand, I agree – how many years do you have to hold the property for the property to make enough cashflow… to cover your mortgage, your rates, your water and all your outgoings?  Ladies and gentleman it’s sixteen years.  [...]

My view for the last two years on the stock market has been consistent. But I thought it would be handy to jot it down here so it’s plain for you to see. In this week’s Money Weekend I’ll give you a brief outline of where you should have your money right now… I’ll break [...]

How saving the savers is costing the savers so dear…
On the MORNING of Weds 12 Sept. 2007, Northern Rock – the UK’s fifth-largest mortgage bank – ran a banner advertisement across the lower front-page of Britain’s best-selling broadsheet, The Daily Telegraph.
The ad promised 6.30% interest on new deposits, a return-to-cash not offered by High Street [...]

It turns out, according to the Committee of European Banking Supervisors (CEBS), the European banks aren’t half as stressed as everyone thought.
According to CEBS, the banks are only mildly tense, rather than stressed.
You’ve probably read, or at least skimmed over the details of the results already.
The upshot is that as today’s Australian Financial Review reports, [...]

How long will people choose to hold any wealth in cash given it’s losing value thanks to negative real rates of interest…?
PEOPLE don’t always do what policy-makers expect or demand of them. And a good job, too.

“The household saving rate is likely to rise,” said Bank of England governor Mervyn King in May 2008 – [...]

It isn’t rocket surgery. Gold appeals – and thus rises – when the better alternatives don’t…
DURING THE 1980s and ’90s…when US consumer prices rose at what would have been record rates if it hadn’t been for the ’70s…the price of gold fell by three-quarters.
Peering back at the recent past therefore, analysts and economists all agree:
When [...]