I often read the same question: how should I save? Where should I invest? Should I quit my job and launch this super cool business? All of those are valid questions but they often lack context. The advice will not be the same whether you have saved £10,000 or £100,000. The advice might also be […]
Pension contributions in the United Kingdom: a crash course
The United Kingdom posted the biggest July government surplus in 18 years, according to figures published by the Office for National Statistics. Given the withdrawal of tax incentives for buy-to-let investors and significant income taxes, it is no wonder that the government’s coffers are in better shape. Yet, don’t bet on any significant tax breaks […]
Tesla, Elon Musk and the SEC: an update
More information has now emerged on Mr. Musk’s tweet since our last post. After reviewing Regulation FD and Rule 10b-5, we had concluded that Mr. Musk’s should be fine as long as the funding was truly secured, meaning that there was a signed (i.e. irrevocable) financing commitment to back the statement “funding secured”. While […]
Did Elon Musk breach U.S. Securities Laws?
Did Elon Musk breach Regulation FD or Rule 10b-5 by tweeting that he was “considering” taking Tesla private during market hours? Mr. Musk stunned the markets and caused a 10% surge in Tesla’s stock price (and a trading halt) when he announced that he was considering taking Tesla private, meaning delisting Tesla from the Nasdaq […]
How the Government murdered the buy-to-let market in London and the rest of the UK
I don’t own a home yet in London. Like many millennials, I am saving enough cash to build a substantial down payment. My target is 25% of the house price, plus 5-7% for unforeseen expenses. Long story short, it takes time and discipline is key. As an EU national, I’m quite sensitive to Brexit-related developments. […]
Three lessons from Facebook’s 20% crash
Facebook is a company for which I might have a bit of a love/hate relationship. Like the other 2.23 billion users as of the time of this writing, I spent a very large amount of time (see that understatement?) on the platform. This was especially true when I was in college and even grad school. […]