HOW TO KEEP YOUR TRADES IN HARMONY March 22, 2011 CONSULTING ANALYST, INTERTRADER THE definition of harmony is a pleasing combination of elements in a whole. My mentor Bryce Gilmore taught me harmony in the markets. There was no course book, and no papers to read. It was night after night going over the day’s charts, pointing out the harmony in the day’s price action. [...]
Going private in the Maldives, at long last March 24, 2011 For years, the Indian Ocean’s most exquisite islands, the Maldives, have been solely the preserve of hotels. Now, they’ve begun to open up to foreign buyers, thanks to new laws introduced by the pro-enterprise President Mohamed Nasheed. Before Nasheed, elected two years ago, leaseholds were too short to attract European buyers – but they have [...]
Prices soar, but don’t sell the family silver any time soon April 11, 2011 LAST week saw silver break the $40 a troy ounce barrier for the first time since 1980. Though contracts for difference (CFD) traders may be getting wide eyed about the potential for $50 silver prices, they should be cautious about setting their sights too high. In common with gold, flight into silver is primarily driven [...]
The housebuilder who is ready to take the long road back to recovery October 31, 2010 DESPITE the generally depressed state of the housebuilding and residential property market, Taylor Wimpey’s chief executive Peter Redfern says he is pretty pleased with business. But sitting in the boardroom of his London office, his mood appears more reflective than upbeat. “Prices are very stable at the moment,” says Redfern. “Stable is good for us. [...]
PERSONAL FINANCE NEWS August 19, 2010 LOYALTY DOESN’T ALWAYS PAY Shopping around for a cheaper quote for your car insurance really does pay off, according to research from Which?, the independent product-testing and consumer campaigning champion. It surveyed nearly 2,500 consumers and found that more than a third accepted their original car insurers’ renewal quotes because they “couldn’t be bothered to [...]
FTSE buoyed by upbeat corporate results April 26, 2011 Strong corporate results and positive broker research buoyed the FTSE today, leading the market to its highest close in more than two months. The FTSE 100 closed 0.9 per cent higher at 6.069.36 in low volumes following the long Easter weekend and ahead of a second four-day weekend to celebrate the Royal wedding and Mayday. [...]
Paragon set for a return to buy-to-let September 28, 2010 PARAGON, the buy-to-let mortgage provider, has returned to new lending after pulling out two years ago due to the global economic turmoil. Paragon chief executive Nigel Terrington said the company would specifically target professional landlords – an area of the market which it believes is underserved by buy-to-let lenders. Terrington said there were two primary [...]
US markets end up as Japan fears ease March 21, 2011 BUYERS emerged in US stocks yesterday, enticed by the biggest proposed merger of the year, though crises in Japan, the Middle East and North Africa meant market volatility would continue. The bulls have held the upper hand for three days, as the S&P 500 has put together its best three-day run since early December. The [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 18, 2011 FINANCIAL TIMES UKRAINE’S RICHEST MAN SNAPS UP A WINDOW ON HYDE PARK FOR £136M Rinat Akhmetov, Ukraine’s richest man, has bought the UK’s most expensive flat at the One Hyde Park residential development in London’s Knightsbridge. Akhmetov was behind the purchase of the penthouse, which sold for £136.6m. The identities of buyers at One Hyde [...]
BUYING February 10, 2011 Q.I am thinking of buying a buy-to-let property in central London. What type of property makes the best rental and which tenant market should I be going after? A.We tend to advise our investment clients to opt for a two double bedroom, two bathroom configuration for a rental investment. This set-up will appeal to a [...]