Magical Penny

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05/05/10--00:00: Five Reasons Not To Invest In Single Shares (chan 2127381)

When you think of investing, what do you think of? Do you think of buying and selling individual shares? Is it overwhelming and do you find yourself thinking "Who has time to watch every minute of the news to see if new developments will affect share prices?" The good thing is investing doesn’t have to be this way despite being *exactly* what most people think of when they hear the word.


05/07/10--00:00: Save Early, Save Often (chan 2127381)

Like tech start-ups releasing products, saving works best when it's early and often: As Ramit Sethi writes: "The single most important factor to getting rich is getting started, not being the smartest person in the room.”


05/09/10--22:00: The Festival of Stocks -Magical Penny Edition (chan 2127381)

Hello and welcome to The Festival of Stocks –Magical Penny edition for 10th May 2010. The Festival of Stocks is a blog carnival dedicated to highlighting bloggers’ best articles on stock market related topics. This will include research and commentary on specific stocks, industry analysis, ETFs, REITs, stock derivatives, and other related topics. This [...]


05/10/10--01:00: Breaking the ISA – an introduction to ISAs (chan 2127381)

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


05/12/10--00:00: Understanding Risk (chan 2127381)

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.


05/14/10--00:00: Investment Risk: A long term view (chan 2127381)

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.


05/17/10--00:00: The Risks of Risk (Understanding Risk Part 3) (chan 2127381)

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


05/19/10--00:00: Lessons from Watching My Investments Drop in Half (chan 2127381)

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.


05/21/10--00:00: The Dangers of a Growing Bank Account (chan 2127381)

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.


05/24/10--00:00: Is Thinking About Money Bad? (chan 2127381)

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.


05/26/10--00:00: How to Rock Your Finances Whilst Sleeping (chan 2127381)

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!


05/27/10--00:00: Should I Invest Using Pre-Tax or Post-Tax Money? (chan 2127381)

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!


05/31/10--15:27: Reflections: Opera, Middle-Age, and Planting the Seed (chan 2127381)

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.


06/02/10--15:57: Two Powerful Ways To Stay on Track (chan 2127381)

Our friends influence us more than we may think. Not just for encouraging extra rounds at the bar but in the little things like our lunch choices and how we spend our evenings. So how do you stay on track with savings goals?


06/04/10--15:45: The Most Popular Personal Finance Sites (chan 2127381)

Magical Penny is about to enter the world of investing, and I'm incredbily excited to share with you some of the best ways of going about doing something that many think is scary or really complicated. The fun begins on Monday but in the meantime you definitely can't go far wrong spending a few minutes this weekend having a browse through some of the most popular and best personal finance articles detailed inside this post.


06/07/10--00:00: What is a Unit Trust? Unit Trusts Explained (chan 2127381)

Magical Penny begins teaching the nuts and bolts of investing: Whilst unit trusts are great for most people there are several things to look out for if you’re looking to buy your first ever unit trust.


06/09/10--00:00: Will You Be Rich? (chan 2127381)

You may be daunted by the idea of being an investor so here are 4 points will help you get prepared for the first step, to challenge your perceptions and begin your journey towards growing your pennies sustainably through the stock market.


06/11/10--00:00: Living For Today is Wrong (chan 2127381)

Are you saving your money for a perfect day in the future that may never come? Should you be thinking more about today? You know what? You *should* be saving for a future that may never come! Here's why.


06/14/10--15:14: How To Read An Investment Prospectus (chan 2127381)

Magical Penny's second video: How to understand investment prospectuses. Reading investment prospectuses can be really confusing and daunting so this videoexplains what you need to know to seperate the marketing from the facts.


06/16/10--15:56: How To Start Investing -A 21st Century Approach (chan 2127381)

An article about the Investment equivilant of Catalogue Shopping -Making investing easier than ever before and the revolutionary way to make more informed decisions in less time.