18
Abr

Desde el inicio de la crisis ha crecido un 34% la población sin acceso a un banco en su municipio

La escasez de oficinas afecta al 2,7% de la población. Castilla y León es la comunidad más afectada y Barcelona donde más se han cerrado desde 2008

18
Abr

Fomento reactiva una gran operación urbanística en A Coruña para pagar un megapuerto iniciado en 2005

La Autoridad Portuaria fía de nuevo su supervivencia financiera a la urbanización de 465.000 metros cuadrados de litoral en el centro de la ciudad gallega

18
Abr

Oliu: “La situación económica en Cataluña está empantanada por la política”

El presidente del Sabadell, que celebra mañana la primera junta fuera de Cataluña en sus 167 años de historia, dice que habrá “inquietud hasta que no se resuelva» la coyuntura actual

18
Abr

A Victorian survivor in fund management

WHEN the Foreign & Colonial Government Trust was launched in 1868, The Economist had its doubts. “The shape is very peculiar,” we worried, adding that “the exact idea upon which it starts has never been used before.” Some of the trust’s promises were “far too sanguine to ever be performed”. Nevertheless, we concluded that: “In our judgment, the idea is very good.”

That turned out to be one of this newspaper’s more successful forecasts. One hundred and fifty years later, the trust is still going strong, having delivered a compound annual return of 8.1%. It now looks after a portfolio of £3.5bn ($5bn), rather than the £588,000 it raised at launch.

In its own way, the trust is an example of how much the financial sector has changed—and how much it has stayed the same. The idea of a pooled portfolio seems commonplace now, but at the time it was revolutionary.

This was the 19th century, when Britain was confident of its worldwide role. The…Continue reading

18
Abr

A Victorian survivor

WHEN the Foreign & Colonial Government Trust was launched in 1868, The Economist had its doubts. “The shape is very peculiar,” we worried, adding that “the exact idea upon which it starts has never been used before.” Some of the trust’s promises were “far too sanguine to ever be performed”. Nevertheless, we concluded that: “In our judgment, the idea is very good.”

That turned out to be one of this newspaper’s more successful forecasts. One hundred and fifty years later, the trust is still going strong, having delivered a compound annual return of 8.1%. It now looks after a portfolio of £4bn ($5.7bn), rather than the £588,300 it raised at launch.

In its own way, the trust is an example of how much the financial sector has changed—and how much it has stayed the same. The idea of a pooled portfolio seems commonplace now, but at the time it was revolutionary.

This was the 19th century, when Britain was confident…Continue reading

18
Abr

Six precepts every investor should remember

SIR ELTON JOHN has a three-year farewell tour planned. This columnist has only a few weeks to go, before heading off to a new Economist beat. So it seems like a good idea to summarise some of the themes which have dominated this blog. 

To start, long-term investing. Here are a set of precepts every investor should remember.

  1. You can’t start too early. Albert Einstein may not have said that compound interest is the eighth wonder of the world but it is a good motto to remember. Buttonwood started a pension plan for his daughters when they were three years old. Let us assume a return of 4% a year. That means a sum doubles in 18 years, quadruples in 36 and rises eightfold in 54. Looked at another way, say you have a set sum in mind for retirement. If you start saving at 20, you need to contribute only half as much money a month, as if you start…Continue reading
18
Abr

El FMI alerta del riesgo de una recaída en la crisis por la escalada de la deuda global

El organismo empieza a detectar señales muy parecidas al periodo de gestación de una crisis y pide a los países que sean cautos

18
Abr

Aumenta un 34% la población sin acceso a una sucursal bancaria en su municipio desde el inicio de la crisis

La escasez de oficinas afecta al 2,7% de la población. Castilla y León es la comunidad más afectada y Barcelona donde más se han cerrado desde 2008

18
Abr

Declaración de la renta: las ocho trampas en las que los asesores fiscales te ayudan a no caer

El REAF despeja las dudas sobre los cambios en las circunstancias familiares y personales, los rendimientos del trabajo sin retención, las revisiones de la Agencia Tributaria, y muchas otras

17
Abr

One person dies after an engine explodes on a Southwest flight in America

A SOUTHWEST AIRLINES flight became the stuff of nightmares on April 17th when a jet engine apparently exploded in mid-air and a passenger was partially sucked out of a window before being rescued by fellow flyers. The flight from New York’s LaGuardia airport was bound for Dallas, but at 11:30 am, when it was near Philadelphia, the left engine blew up, according to multiple reports. Details are still unconfirmed, but according to reports by passengers and media, a piece of shrapnel from the engine shattered a window in the cabin, and a woman was partially sucked out of the hole. Other passengers scrambled to assist and pulled her back in. Oxygen masks were released in the cabin, and the plane dropped from 32,500 feet at a rate of more than 3,000 feet per minute before levelling out at about 10,000 feet, according to NBC, a broadcaster. The pilots were able to…Continue reading