007 Stocks, Shares Equities

Chapter 7 of 'There are no grown ups' Equity ownership is ownership of an underlying ‘thing’, which might be a house, a building, a company, a vehicle, or almost any other asset. That thing might be owned just by you, or part-owned (shared) by you and someone else,

006 Bonds and Loans

Chapter 6 of 'There are no grown ups' Most of us understand property and its financing rather better than the financing of companies & governments.  Whether as renters, buyers using a mortgage, or cash buyers, or as the children of those providing our home, property is understood from

005 Using money to make money

Chapter 5 of 'There are no grown ups' If you have some money, and want to ‘make it work for you’, your main options are: 1. Lend it to a government, company, or person, who will pay it back to you with interest.  The interest may be paid

004 - Wills: will your solicitor be the main beneficiary?

Chapter 4 of 'There are no grown ups' Trusting 'The Grown Ups' after you die, can be very expensive for your bereaved family members. The money we leave to our loved ones will be eroded by two main things: taxes & legal fees.   Lawyers are another

003f Which Investment vehicle ?

Chapter 3f of 'There are no grown ups' The strategy of maximum cynicism One way to look at the structure and pricing of investment products is to begin by putting yourself in the shoes of the money manager, and then assume that the investor’s interests are likely

003e Fund of Funds

Chapter 3e of 'There are no grown ups' A ‘Fund Of Funds’ is typically an open ended investment vehicle (like a unit trust or mutual fund) that invests in other funds, rather than directly in shares, bonds, property, or other assets. If you are the trustee of a

003d Venture Capital and Private Equity

Chapter 3d of 'There are no grown ups' What is it? A venture capital / private equity fund typically pools the cash of investors and uses it to invest in early stage companies.  The fund structure can be a) Listed; in the UK this may be as a Venture

003c Hedge Funds

Chapter 3c of 'There are no grown ups' What is it? A hedge fund is an open ended investment vehicle, although, some hedge funds close their doors to new investors when they reach a certain size.  If your strategy is to be nimble, move money quickly, and take

003b Unit Trusts

Chapter 3b of 'There are no grown ups' Unit Trusts are also known as Mutual Funds, or Open Ended Investment Companies What is it? A vehicle, run & marketed by a fund management company,  that receives investors cash, and then invests it. Leverage (Gearing) Traditionally unit trusts were

003a Investment Trusts

Chapter 3a of 'There are no grown ups' [In the UK a REIT is a Real Estate Investment Trust.  As the name suggests, it invests in property, typically owning property directly, rather than buying shares in other businesses. REITs are exempt from corporation tax but required to pay