So this time the industrialised nations have pledged action to tackle the financial crisis in a “united front”. And according to US Treasury Secretary Henry Paulson, they have issued a five-point plan of “decisive action” to unfreeze credit markets. Specific details on how this can be done is yet to be revealed. Liquidity seems to [...]
Entries Categorized as 'Money matters'
Five-point palm global panic crushing technique
October 11, 2008
Such volatile stock market
October 8, 2008
The stock market took another tumble despite the latest bank rescue plan announced by the UK government, and a coordinated 0.5% interest rate cut across the world, involving Americas, UK and European Union. Never have I seen these countries working together at the same time. Just goes on to tell you the scale of the [...]
More mortgage rate rise
June 21, 2008
Two years ago when we were considering which fixed-rate mortgage deal to go for, there was this “financial adviser” recommending us to take a 2-year deal, instead of a 5-year deal that we are interested in. He even showed us a prediction, from Royal Bank of Scotland I believe, on the trend of the interest [...]
Preparing financial accounts
February 29, 2008
I’ve set up a meeting with the accountant next week. So looks like the time has finally come for me to prepare the accounts for her to inspect. I initially thought it is going to be a rather daunting exercise. But with the help of the template W found me, it was surprisingly easy to [...]
Business account with HSBC? Don’t bother.
August 19, 2007
It’s not the first time I complain about HSBC now. For personal banking, the interest they give to your current account is dismal, 0.1% APR or something ridiculous. I tried to check on their website just now and I think they are trying to make it difficult for people to see their rates. You have [...]
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