After the online betting debacle, the London Stock Exchange must rethink its rules on which companies can float on our stock market
This Is Money: The Rise Of The Buy-to-let Millionaires
The booming property market has created an army of buy-to-let millionaires with a portfolio worth an average £1.5m each
This Is Money: Borrowers Piling Up Debts They Can’t Repay
Almost two-thirds of lenders, from banks to building societies, say bad debts are at their highest since the recession of the early 1990s
This Is Money: Tesco Takes £90,000 A Minute
Tesco turned up the heat on its rivals today, revealing it made profits of £1.09bn in just six months – on sales of nearly £90,000 a minute
Money Links For 2nd Oct 2006
Links to other interesting money articles on 2nd Oct 2006.
Motley Fool: The Four Types Of Insurance Fraudster
Motor, home contents and travel insurance fraud costs insurance firms more than £1bn per year. in turn, this costs us, as insurers charge more in premiums to cover the loss. Conservative figures have it that 6% of us have exaggerated a claim and 2% have made one up, which, according to the Association of British Insurers (ABI), means that around 3.3m people have committed insurance fraud in Britain.
Motley Fool: Charging Orders
We’re probably all familiar with the line “Your home may be at risk if you do not keep up with the repayments” which applies to debts secured against your home. A mortgage is just one example of a secured debt — it prevents you from selling your home without paying back what is owed and the lender can force the sale of your property if you fall behind with repayments. It’s why The Motley Fool favours unsecured loans because then you’re not risking losing the roof over your head.
Motley Fool: Snatching Shares Away
Take-overs are both good things and bad things for investors. On the one hand, they are a way to “out” the value of the share, enabling you to realise gains. On the other, a take-over usually means that the share is snatched from you at less than what you think it’s really worth.
Motley Fool: Best Buy And Don’t Buy Loans!
Although I was never a Boy Scout, I think that the Scout Association has a terrific motto: “Be prepared”.
Motley Fool: Bosses With Balls
What does it take to become a great sportsman?