Articles

An interest-ing problem

For generations, the path to financial security was paved with prudence and patience. It was a simple catechism preached by parents and bankers alike: work hard, spend less than you earn, and diligently salt away the difference in a savings account. The reward for such discipline was the gentle but relentless magic of compound interest,…
Taking the world’s temperature

Cast an eye over the ticker tapes of the world’s bourses, from New York to Frankfurt to Tokyo, and the effect is dizzying. A riot of numbers, blinking arrows and arcane three-letter symbols paint a picture of global capitalism in all its chaotic, creative glory. For any investor trying to gauge the direction of the…
The eighth wonder of the world

It is a tale of two savers. One, fresh from university, begins diligently putting aside €200 a month at the age of 25. Her friend, preferring to spend his salad days on foreign holidays and overpriced coffee, waits until 35 to begin saving, albeit at double the rate: €400 a month. By the time both…

An interest-ing problem