From the monthly archives:

May 2010

Reflections: Opera, Middle-Age, and Planting the Seed

by Adam May 31, 2010 Personal development

I hope you had a lovely bank holiday if you’re in the UK. I spent my weekend celebrating my birthday and reflecting on the past year…Why not do the same? It might help you reevaluate where you’re at.

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Should I Invest Using Pre-Tax or Post-Tax Money?

by Adam May 28, 2010 Investing

It’s a Magical Penny world first: Magical Penny -Video Post #1!
Watch the video detailing the pros and cons of Pre and Post tax saving (you know it’s fun) and let me know your thoughts!

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How to Rock Your Finances Whilst Sleeping

by Adam May 26, 2010 Saving

Inevitably, from time to time, life gets busy or you have days where you feel unwell (or even both!).

Such days may send you off-track,and mean you risk missing your goals or not following through with your intentions. But there is a solution of sorts that means you can rock your finances even as you sleep!

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Is Thinking About Money Bad?

by Adam May 24, 2010 Personal development

There’s a misconception, amongst some, that thinking about money and aspiring for riches is a bad thing.
This article will argue that “Thinking about money” is positive when you see money has a tool to achieve your goals and is just one positive part of your personal development. It will help you build and create the best life you can: A life full of options, flexibility and freedom.

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The Dangers of a Growing Bank Account

by Adam May 21, 2010 Focus

For most of us in our 20s and 30s, our savings and investments are pretty minimal at the moment but as your savings grow you’ll need to look out for some tricks of the mind that could lead to a loss of perspective or a loss of focus.

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Lessons from Watching My Investments Drop in Half

by Adam May 19, 2010 Investing

I began investing near the start of 2008 before the full extent of the credit crunch was known. Imagine my surprisewhen, only days after making my initial investment, my investment valuations went into freefall! Thankfully I learnt some great lessons that I’d like to share with you today.

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The Risks of Risk (Understanding Risk Part 3)

by Adam May 17, 2010 Investing

Magical Penny is about making the idea of investing accessable to everyone. However I’m not going to make any promises that investing is fool-proof.
Here are the two main risks for someone in their 20s and 30s who are just starting out and the solutions to combat them

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Investment Risk: A long term view

by Adam May 14, 2010 Investing

The biggest difference between saving in a savings account and investing in the stock market is when you go to check your account once a month the balance could be lower than what you put in!
However, if you have a long-term investing horizon you have nothing to worry about, and everything to gain.

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Understanding Risk

by Adam May 12, 2010 Basics

When it comes to investing the number one rule about risk is this: High Risk does not always mean High Reward, only the potential for a high reward. It also helps to think of ‘risk’ as merely a range of possible values at any point in time.

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Breaking the ISA – an introduction to ISAs

by Adam May 10, 2010 Investing

A guest post written by a financial expert from Moneysupermarket.com: The pros and cons of Cash ISAs and Stocks and Shares ISAs

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