InvestingStrategies

Pound-Cost Averaging: Best Passive Investment Strategy?

What Is Pound-Cost Averaging (PCA)? Pound-cost averaging is an investment method that decreases the overall volatility on purchasing equities and securities by spacing out investments over equal periods of time. Pound-cost averaging is a smart investment strategy for risk-averse investors who have long-term investment goals. Across the pond, they call it dollar-cost averaging, for, well…
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InvestingStrategies

How Much of Your Income Should You Spend On A Car In The UK?

TL:DR: You should try to never spend more than 20%of your annual income on car costs. We recommend keeping it lower at 10%-15%. Your choice of car has a huge effect on both personal freedom and your finances. For many people, a car is the second most expensive item in their budget, second to housing expenses. But, buying a car is essentially a necessity in some parts of the…
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InvestingStrategies

5 Passive Income Ideas That Work In 2020

So you have a job but want a way to earn some extra dosh on the side? While many are crushing it, making extra money via the gig economy (ala Uber, Upwork, Fiverr etc), none of these are in any way, shape or form — passive income. The reality is — not…
InvestingProperty

Why Millennials Aren’t Buying Homes Anymore

If one thing is obvious about today’s economy, young people are not buying houses as much as previous generations. According to Business Insider, only a third (31%) of UK millennials own any property at all, behind the global average of 40%. Further, only 74% of UK…
InvestingStrategies

Momentum Investing Strategies: What Do They Look Like?

In some ways, rising stock prices are kind of a bad thing for investors. Rising stock prices means that a commodity is hot, which means more and more people will start to jump on the trend, eventually causing the securities to become overvalued. After all, if everyone knew the secret to making it big in investing, then the strategy could not work for everyone. Momentum investing, as the…
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InvestingStrategies

How Much Money Do You Need To Buy A House In London?

The answer is, unsurprisingly, “a lot”. Buying a house is an expensive – and not to mention confusing – endeavour, particularly in cities like London. For some, it’s well worth the expense – owning a home can be a wonderful feeling – while for others…
InvestingStrategies

How To Get Started With Investing - A 2020 Guide

How does investing differ from saving? You’ve probably been told many times that to get rich or make your money work harder, you’ve got to invest. But what does that really mean? And how does it differ from regular saving? While setting money aside in a standards savings account is a great way to build up an emergency fund or save for short-term financial goals, such as a holiday…
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