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What is this blog about?
April 6, 2007 · Leave a Comment
We want to help people make sense of all the financial jargon and help to build real wealth, in a fun, easy to understand way. Whether that be small tips, full articles and suggestions, or a general guide.. the rich genie is here to help, while the poor genie is to show you what NOT to do.. Above all - we want to foster a real community spirit to help everyone help each other. Technorati Profile Popularity: 92% [?] Read More →
Bonds
Equities
What is the FTSE “footsie” Index?
August 22, 2007 · Leave a Comment
coding: Beginner, Equities The FTSE is basically the name for a set of indices on the London Stock Exchange (LSE) that show how well a set of company stocks are performing. It is a good indication to see how UK based stocks are doing generally by taking these sample snapshots. The FTSE 100 for instance is a sample of the largest 100 companies by their value. How the FTSE works The LSE is essentially a marketplace where people come together to buy and sell shares, all done electronically via some very funky software.The... [Read the full story]
Property
Sell to rent back
September 10, 2007 · Leave a Comment
Steve S. explains the new trend in: sell to rent back businesses and proposals, as buy-to-let gives way to it. With interest rates having risen five-fold in the last year, many homeowners are becoming over-stretched and debt ridden. As house prices increase, people need to borrow more debt in order to buy a new house, and mortgages are getting increasingly more expensive. With this in mind, many people will have debts to pay, want to release some equity, or may even have a repossession or eviction pending. Out of all... [Read the full story]
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Sell to rent back
Steve S. explains the new trend in: sell to rent back businesses and proposals, as buy-to-let gives way to it. With interest rates having risen five-fold in the last year, many... [Read more]
Featured Category
Featured Category
What is the FTSE “footsie” Index?
coding: Beginner, Equities The FTSE is basically the name for a set of indices on the London Stock Exchange (LSE) that show how well a set of company stocks are performing. It... [Read more]