What financial thriller writers can teach the lawmakers.

Time machines, asking your grandmother and insider trading. I’ve written in earlier posts about the gains you would make if you travelled back in time and asked your great great grandmother to invest for you in 1900. In the more recent era, you could ask your grandmother, your parents, or your younger self to investContinue reading “What financial thriller writers can teach the lawmakers.”

Why carpe diem beats carpe tomorrow

Time and money – when is the best time to invest in the stock market? All of my missions as set out in my book, 10 Things Everyone Needs to Know About Money, and elsewhere in blog posts, is to persuade people to put some of their savings into long-term stock market investments. Then peopleContinue reading “Why carpe diem beats carpe tomorrow”

Why it pays to invest in the stock market.

Get into your time machine, travel back and ask your great-great grandmother to invest for you. According to the Credit Suisse Global Investment Returns Yearbook, if your great-great-grandmother had invested one dollar in the US stock market in 1900, that would be worth just under $70,000 by the end of 2019, or $40,000 if youContinue reading “Why it pays to invest in the stock market.”

Time and money – the secrets of Robinson Crusoe investing

In earlier posts in my time and money series I talk about investing in the stock market for the long-term, ideally for over 10 years but certainly for over 5 years so that you can ride out gyrations in the markets and allow the magic of compounding to work. Stick your investment away, select automaticContinue reading “Time and money – the secrets of Robinson Crusoe investing”

Investing and survivor bias

Money, time, investing and survivor bias. What time travel could teach us. Imagine you’d bought Apple, Amazon, Microsoft and Google in the early days and avoided all the duds that have failed… You might develop a distorted view of your own brilliance. You might have survivor bias. How to counteract survivor bias in investing. #10ThingsMoney

Money and time

What would you pack in your time machine to travel back and also possibly forward in time? In the UK, 97% of our money exists only as squiggles on a computer screen. Governments effectively wave the magic wand of belief to give value to otherwise worthless pieces of paper and metal, and in another stepContinue reading “Money and time”

The curious alchemy of writer and illustrator

Why did I decide to write 10 Things Everyone Needs to Know About Money? What makes it different? What is its special alchemy? Sometimes books are the fruit of a long obsession, of years of dreaming, plotting, planning. Sometimes they’re born of a throwaway remark, a chance encounter, a lightbulb moment when you think whatContinue reading “The curious alchemy of writer and illustrator”

They mug so elegantly, the financially literate

The three key psychological hacks financial fraudsters deploy. Not for them the glinting knife in some dark back alley. The tools of their trade are Savile Row suits and exclusive golf club membership.  As we saw in the case of Bernie Madoff. He defrauded thousands of investors out of tens of billions of dollars overContinue reading “They mug so elegantly, the financially literate”