From early on people are taught not only how money works but how it impacts people in different societies. Financial planning is extremely important but most people don’t really understand how to financially plan for the future. For instance, in many developed countries minimum wage standards keep people in certain financial categories. In the many … Continue reading Why Financial Planning Is More Important Than Ever!
Five years in to the euro crises since 2009, on the 25th of January, general elections were held in Greece for the Greek parliament. The election results clearly show that Greek voters have rejected tax rises and government spending cuts, imposed by Eurozone and have elected the left-wing Syriza party. The Syriza party has won … Continue reading The Impact of Greek Parliamentary Elections on Europe
It is expected that the ECB (European Central Bank) is going to announce its plan to add €1 trillion into the eurozone economy to overcome the its ailing economy. he idea is to reduce the cost of borrowing by QE (Quantitative Easing) or generating new money in order to pay off government debt. Therefore it … Continue reading Action in the Eurozone
The central issue in behavioral finance is explaining why market participants make systematic errors contrary to the assumption of rational market participants. Such errors affect prices and returns, creating market inefficiencies. It also investigates how other participants take advantage (arbitrage) of such market inefficiencies. Some of the following traits, knows as heuristics follow. Psychology concepts … Continue reading Key Considerations of Behavioral Finance
In the last week we have seen oil prices drop to a 5 year low with double digit falls in less than a week. This has disturbed many countries that are dependent on oil revenue such as Russia, Nigeria and Norway. The markets can be affected by numerous factors and a sometimes we simply do … Continue reading Dealing with market volatility
Next week the Scottish nation will take to the polls to decide whether to remain part of the UK or go it alone. Although arguments have been made from both sides of the border about who will be better and worse off, the two camps are pretty evenly matched. There are a lot of grey … Continue reading What would be the implications should Scotland vote ‘YES’?
The trading for the month of August ended on Friday the 29th, witnessing a rise in the global equity markets, reaching their peak in five months, since February. The rise was attributed to the strong U.S. data and German bond yields rising up from their record lows, amid expectations that the European Central Bank (ECB) … Continue reading Global Equity markets at their best in August, after five months
Recently the inflation rate in the United Kingdom has gone up with June seeing an increase in the prices of food and clothes. The consumer price index rose to 1.9% in the month of June from 1.5% in May. The expectation of an increase in the interest rate, following the increase in inflation has also … Continue reading Will Interest Rate Rise? As Inflation Touches Five Months High
The United States global tax law; Foreign Account Tax Compliance Act (FATCA), came into effect on 1st July 2014. The FATCA is at last here after a period of 4 years, initially developed in 2010 as an approach to make America’s corporations and private individuals stop evading America’s taxes by depositing their money into their … Continue reading A look at FATCA (Foreign Account Tax Compliance Act)
The economic growth of a country comprises of a large number of different factors and a combined effect of all the factors makes the final impact. Similarly, in order to understand the economic growth of United Kingdom, it is important to identify the performance of various factors regarding the economy such as unemployment, investments, gross … Continue reading The economic recovery of the United Kingdom during the first half of 2014