There is a small inconvenience in personal finance that almost no one talks about honestly. The thing that makes the biggest difference to whether you end up with money, more than your salary, more than your fund choice, more than your tax wrapper, is something you cannot buy, cannot accelerate,

There’s an investing concept that gets discussed often but explained badly. The financial industry treats it as a sophisticated technique requiring careful judgment and ideally professional help. The honest truth is that rebalancing your portfolio is one of the simpler maintenance jobs in long-term investing, and most ordinary investors either

If you’ve ever tried to work out how much money you need to retire, you’ve probably bumped into a strangely tidy number: 25 times your annual expenses. Save up that much, the argument goes, and you can spend roughly 4% of it each year for the rest of your life

There’s a kind of loss most savers never see, because it never appears on a bank statement. Your balance shows £10,000 today. Twelve months from now, it still shows £10,000. Nothing has gone missing. And yet, in any meaningful sense, you have less money than you did a year ago.

If you’ve come into a chunk of money and you’re trying to decide what to do with it, you’ve probably encountered two competing pieces of advice. The first is to invest the lot straight away, because time in the market beats timing the market. The second is to drip the

If you’ve been investing for a while, there’s a question that probably crosses your mind every few months: am I doing this right? Sometimes the question is prompted by a market wobble, sometimes by a colleague’s confident-sounding stock tip, sometimes by a financial podcast you didn’t mean to start listening

Category: The Long Game  ·  Reading time: 9 minutes  ·  By Stuart Welch At some point — possibly soon, possibly not for years, but certainly at some point — you will open your investment account and find it is worth less than you put in. The number will be red. There may be a