With living expenses increasing and wages not matching up, millions of people across the UK are currently struggling to cover essential household costs. This is a result of inflation. To cope with this, people are cutting back (even on essentials such as food), using credit cards and buying clothes at second hand value. Even as…
If you currently invest or are thinking about it, one major thing you need to consider is how taxes reduce the value of your investments. Taxes, just like fees, have a massive impact on your investment returns as they accumulate and compound over the long term. In the UK, investment returns are seen as income…
We see the world the way we are and mental models are my cheat sheet. Mental models are a way we can understand the world because they shape the way we think and the connections and opportunities we see. The phrase “mental model” is an overarching term for any sort of concept, framework, or worldview…
According to Investopedia; a stock is a form of security that indicates the holder has proportionate ownership in the issuing corporation. In simple terms, a stock represent a piece of business. When you buy a stock, you are buying into a business. Units of stocks are called shares. Companies usually sell shares of stocks if they want…
