Gazprom (OGZD) stock Purchase – The worlds cheapest blue chip energy company

Russian stocks are extremely cheap right now. You can buy Russian stocks today at 1997 prices. It’s as if the Russian market has had two lost decades! Whilst there are reasons for investors shunning the Russian market, such as sanctions imposed by the western world, there is no reason for it to be trading at a price-to-earnings (P/E) ratio of just seven. This is true for even the bluest of blue chip stocks, like Gazprom for example, and this can be a great buying opportunity for individual investors who have a long time horizon. Gazprom (GAZ) is an energy giant. It holds the world’s largest natural gas reserves and currently produces […]

take a look at your bills

Pay yourself first even if you are living paycheque to paycheque – No excuses

The golden rule of personal finance is to pay yourself first. One of the biggest mistake people make is that they pay bills, rent, loans and other expenses first! The government also pays itself first with YOUR money even before you do. This is absolutely crazy. It is no secret that the rich play by a different set of rules. It is no coincidence that people who are wealthy are in that position – they have achieved and are able to maintain their wealth because they understand how money and personal finance works. They pay themselves first. Then they take care of the little things like bills, loan payments and […]


AstraZeneca (AZN) Stock Purchase – The perfect Brexit stock 2

It still amazes me how much time investors spend following the news. In the investing world, it it common knowledge that news is noise and we should not let the mainstream media dictate our investment strategy and portfolio composition. But time and again, this is what we see playing out. When the news is positive, people are quick to hit the buy button. And when the news is negative, they are quick to press the sell button. And right on queue, the imminent Brexit vote and the so called consequences of a leave vote have left investors running scarred and sent the markets into a tailspin. Even though I have […]

foreighn currency

Foreign Currency Exchange – Should you look at Buy or Sell rates?

One of the things that has always troubled me is not knowing whether to look at the buy or sell rates when I wan’t to change money. Undoubtedly, they are many other like me whose brains seemed to get scrambled at the sight of a foreign exchange money shop. So for all those people who get confused on whether to look at the buy rate or sell rate when visiting a foreign exchange dealer, this article is for you. If you want to change your home currency to a foreign currency before you go on holiday, look at the ‘we sell’ column. So if you live in the UK and […]

withholding tax

Dividend Withholding Tax Rates for Different Countries Around the World – Foreign Stocks

Over the years, various studies have shown that investors tend to favour home stocks as opposed to foreign stocks. One of the reasons is that people are more familiar with companies that are based in their own country than abroad. As a UK investor, I would rather hold Uniliver in my portfolio over Clorox, or Royal Dutch Shell over Exxon Mobil. Whilst there is undoubtedly an element of home bias in favour of local stocks, I believe that one of the biggest deterrents in ownership of foreign stocks is taxes – in specific withholding taxes on dividends. What are withholding taxes and how do they work? A dividend withholding tax […]

Old money purchases assets such as land, gold and business to preserve welath

How old money hangs on to its wealth – the 1/3 rule!

Britain is one of the most class conscious countries in the world today. Even in the modern era where equality is becoming the norm, Britain has been stuck behind as we still put royalty and those bestowed with titles on elevated platforms. When it comes to status, we don’t just look at their monetary standing, we make distinctions based on the nexus of money and social importance. This leads to contrasts such as “old money” and “new money” with the former connoting generations of life on country estates and Oxbridge credentials while the latter is something flashier. The Grosvenor family have been wealthy for over 300 years and practically define […]


How London has changed over the past 20 years – Millennial Edition

I recently came across an interesting piece from Splittable on how life in London has changed from 1996 to today. The piece concentrates on what the changes mean for millennial’s; those born between  1983 and 2001. The below infographic shows that whilst life in general has improved for the youth of London today due to the advancement of technology, the financial strain being put on them is now more than it was in 1996. Prices on items such as housing, food and entertainment has far outstripped inflation and it looks like this trend is only likely to continue. Click here to see the inforgraphic of how London has changed over […]

The longer a company has paid increasing dividends, the more stable its business tends to be. This offers a margin of safety when investing.

Safe and Stable Dividend Paying Stocks – Dividend Champion and Contenders List

With interest rates at historic lows and continuing to look to be that way for the foreseeable future, investors and retirees alike are looking at dividend paying stocks to supplement their income. Dividend paying stocks can offer relatively ‘stable and safe’ yields of 4% provided you do your research and buy in to the right companies. Unlike incomes from bonds, companies can cut their dividends in the face of trouble just like Tesco and BHP Billiton recently did. Although income from dividend paying stocks is riskier, it need not be. Buying into a diversified collection of blue chip can provide you with a decent income whilst partially insulating you from […]

Should UK leave the EU? On June 23, you have the chance to vote. Make it count.

Should the UK leave the EU? Do the numbers behind Brexit lie?

Terri Smith is a man I greatly admire. After all, his Fundsmith equity fund (LINK) has given me great returns over the past 2 years and it has been one of the best funds to invest your money in over the last 6 years. He is a man of high moral compass and his business acumen is second to none. So if there is anyone to listen to in this great Brexit debate, it is Terri Smith and not those insipid politicians. At the recent Fundsmith annual general meeting, Terri has his say on the EU referendum and the consequences of Brexit. All in all, he had the following things […]

To build wealth, don't trade time for money. Instead, create multiple income streams that do not rely on your time or effort.

Successful Businesses and Entrepreneurs have Multiple Income Streams

To be successful in business and to build wealth, you need to have multiple income streams – You need to find multiple ways to make money doing what you are already doing. That’s it. This might sound simplistic but let’s think about this for a minute. For you to truly understand this statement, you need to realise that our time is limited. If you always find yourself trading time for money, then you will run out of hours, and will run out of the ability to make more money. Making money as a direct result of your time, say through a job, is a linear relationship. So if you want […]