Jason Butler in FT Money last Saturday is playing my song. His article concludes:
Market signs are telling UK investors that opportunity remains for diversification into the growing world beyond the borders.
I am trying to position myself for a downward correction in equities. Safety plays are bonds, gold and emerging markets. If, like me, you are baffled by bonds you can buy £50,000 of Premium Bonds. In the same FT Money Paul Lewis (he fronts Money Box on Radio 4) helpfully explains that although the interest rate on Premium Bonds has been reduced from 1.25% to 1.15% there is now a better chance of winning if you are fully invested. Most “prizes” are £25 and now there will be an extra 55,124 of them every month, 2,172,42 in all; a nice little earner, tax free.
Meanwhile on Broadway there was a musical … I loved it but am disconcerted that, it’s ludicrous, it can’t be true, Robert Klein’s moves remind people of me. OK, well I was once told by a partner that dancing with me was like dancing with a playful baby octopus and my goddaughter did give me that seduction kit. Watch this and marvel at Robert Klein’s style and sophistication.
I have been at the Cheltenham races this week. The weather was super-sunny and warm on Wednesday – most unusual for the Arctic micro-climate there. The traffic is as well managed as possible in such a rural location, so I choppered in. Continue reading Heli-blogging
Do not fancy that an intermission of writing is a decay of kindness. No man is always in a disposition to write; nor has any man at all times something to say.
(Johnson: Letter to Boswell) Continue reading Travesties
At this time of year many newspapers adopt charities and invite their readers to contribute. I never have but it has led me to reflect on how I allocate my charity budget. It comes down to this. Continue reading Near and Far
Every Sunday at my Dublin prep school (Castle Park) we had to write a letter to our parents. These were strictly censored to eliminate any off-message remarks about the CP regime. My sister’s first school did not have such a restriction. Continue reading Send Hot Water Bottle
I took a tumble on Thursday and didn’t feel at all well yesterday. In fact I tottered into the A&E at Charing Cross Hospital in the evening to see if they could patch me up. Continue reading Charing Cross Revisited
To play a round of golf below par is one thing but to feel below par is another and it is the latter that has dried up my creative juices today. With a bit of luck I will feel better tomorrow. I did want to tell you about Tumbril Talk but my heart isn’t in it so it will have to wait until another time, unless it becomes like Conan Doyle’s tale of the Giant Rat of Sumatra alluded to in The Adventure of the Sussex Vampire.
The Law of Unintended Consequences is a pervasive tyranny that we live under. Governments raise tax rates and raise less revenue. In the UK there is a 5p charge for plastic bags so people buy big, strong plastic “bags for life” that get thrown away – you get the idea? Continue reading The Law of Unintended Consequences