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plonkee

plonkee has written 579 posts for plonkee money

Happy Holidays - free e-book from the m-network

So, I know that saying “Happy Holidays” is hideously American, but my fellow m-network members are all Yanks, so it kind of makes sense. Anyway, we have a free e-book for you to download, themed around money saving tips for the festive season.
Free e-book - Money Saving Tips for the Holidays
Now, is a good time [...]

guarantees in investments?

Nothing is risk free.
Not ever.
credit crunch
The credit crunch has probably made this a lot clearer to a lot of people lately. Savings accounts which are generally considered the least risky investments have been buffeted by wave after wave of bank collapse. Investment funds have been going down in value rather than up. Big financial organisations [...]

diversification is terrible if you want to get rich quick

Suppose you had £100k to invest, and 10 ideas in which you could choose to invest in. Each of those ideas has an expected return after 5 years. Of course, this is an investment, not all ideas are necessarily successful. Each idea also has an associated probability of working out.

Return = 500% Probability of Success [...]

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