Uncategorized

By: Dominic Frisby 21/09/2018 This article is taken from our FREE daily investment email Money Morning. Every day, MoneyWeek's executive editor John Stepek and guest contributors explain how current economic and political developments are affecting the markets and your wealth, and give you pointers on how you can profit.Sign up free here. In this week's issue of MoneyWeek magazine ● The Pacific Alliance: the four best bets in Latin America ● Where to find Japan’s small, cash-rich bargain stocks ● It’s too soon to sell out of tech stocks ● A big trim for master-trust pension schemes ● Three top-notch small European companies going cheap ● Share tips of the week Not a subscriber? Sign up here Twice over the summer we have posited that there is an opportunity setting up in gold. Not that this is the beginning of some great new bull market; just that there is a potential trade on – buy now and … [Read more...] about Now looks like a good time to buy gold – but you need to watch this chart

By: Marina Gerner 21/09/2018 The emerging-market sell-off has engulfed India. The rupee has fallen by about 14% against the dollar this year, and further declines may lie ahead. When liquidity leaves emerging markets, countries with external deficits come under pressure, as these gaps need filling with foreign capital.India’s current-account deficit widened to $15.8bn, or 2.4% of GDP, during the second quarter. Oil imports are a key factor here, and with prices climbing, the value of imports has risen. The same goes for fuel costs for Indian consumers, resulting in nationwide protests. Meanwhile, the government has announced measures to close the gap, including making it easier for foreign investors to access India and curbing some imports. Local reports suggest the electronics, petroleum and telecoms sectors could be affected. Nevertheless, analysts think the government’s interventions may not be enough to counteract ongoing fears about India’s … [Read more...] about India’s economy will regain its footing

21/09/2018 What does your business do? GripIt is a DIY fixings business that exports to more than 34 countries worldwide. We make – in house – a revolutionary range of plasterboard fixings capable of holding up to 180kg, making them suitable for everything from curtains to boilers. Since starting the business when I was 14, I have grown it year on year with products stocked in more than 5,000 UK stores, including Wickes and Homebase. We are always adding to our product line to ensure we are the go-to brand for DIY fixings and tools.In January 2018 I acquired and became CEO of automotive industry heavyweight VPS Group. We are the leading supplier for the automotive sector and have expanded our revenue streams to include a booming number-plate manufacturing arm. Our customers include Toyota, Isuzu Motors and GBA Group. What has been your company’s greatest achievement so far? GripIt has won the trust of more than 5,000 UK stores and 15,000 stores across Australia, … [Read more...] about Five questions for: Jordan Daykin, CEO of GripIt and VPS Group

By: Emma Lunn 21/09/2018 Airbnb seems to offer easy money for those with spare rooms to let out. But be aware of the rules.Airbnb celebrated its tenth anniversary this summer. The website, which offers people the chance to let a room or their whole property to paying guests on a nightly basis, now offers space in more than five million homes across more than 81,000 cities and 191 countries. Thousands of people earn extra cash by renting out their property on Airbnb. UK hosts raked in £657m in the year to July 2017, an average of about £3,000 each. But those who fail to adhere to the small print in mortgage, insurance or rental contracts may find that sharing their house becomes an expensive mistake. Check local restrictions… Firstly, it’s important to understand how the rules work where you live. Some cities have laws restricting your ability to host paying guests for short periods. In some places you’ll need to register or obtain a … [Read more...] about Think twice before letting out spare rooms in your house

By: Ludo Oliver 21/09/2018 If you live to cycle, and have deep pockets, the Argonaut could be the bike of your dreams. Ludo Oliver reports. It can be easy to lose yourself in the millions of options, upgrades and features when in the market for a modern bike. The great wheels of innovation – no doubt now with carbon-fibre spokes – spin on. TheGiroCycles.com, though, surely leads the field. It is manufactured out of ultralight carbon fibre to a specification exactly tailored to the rider’s own needs. Until now, steel has reigned supreme as the material of choice as, although heavier, it makes for a more comfortable ride. Carbon-fibre bikes are lighter and more responsive, as AJ Powell notes in Gear Patrol magazine, but the stiff ride can wear riders out very quickly. The high performance comes at a price, however. The frame alone will set you back a minimum £4,950 and a whole, top-level bike comes in at more than £16,000. For a push bike? … [Read more...] about Exceptional kit for cycling enthusiasts