Sat, 22 Nov 2008 00:00:01 +0000
Mark Dampier: Where can savers turn as rates fall?
A few weeks ago, I suggested that interest rates would fall quite sharply. However, even I didn't anticipate that they were going to come down a full 1.5 percentage points. And now we learn that the Bank of England considered a 2 percentage-point cut.
Sat, 22 Nov 2008 00:00:01 +0000
Gloom makes bonds glitter
Corporate bonds have long been a magnet for risk-averse investors. Financial planning wisdom would tell you that while you should have most of your money in equities when you're young, you should seek safety in good-quality corporate bond funds as you approach retirement.
Sat, 22 Nov 2008 00:00:01 +0000
Comparison sites: do they find you the best deals?
Financial comparison sites have become an essential part of the frugal consumer's tool kit over the past few years. Once upon a time, shopping for car or home insurance was all about the Yellow Pages and hours on the phone – the ultimate test of anyone's patience. Today, however, once you've filled all your details into a website such as confused.com or gocompare.com, you can receive dozens of quotes in only a few seconds. And if you're in the market for a new savings account, credit card, loan or utility provider – or any number of other financial products – you'll probably be able to shop for them on the same site as well.
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