Author: Orhun

Orhun is a personal finance and investment enthusiast. Especially interested in behavioural finance and how psychology plays an important part in financial decision making. Orhun holds an MSc degree in finance from The University of Edinburgh.

The yellow metal has long been seen as a solid investment. Unlike other assets, gold retains its value in times of financial turmoil and natural disasters. Gold is a dense metal that is malleable and ductile. It is a soft precious metal with high density and high electrical conductivity. It’s naturally occurring in the Earth’s crust in trace amounts. Gold can be found in karst formations, ores, and alluvial deposits. Throughout history, gold has been a stable store of value and a reliable currency. It has been used to settle contracts and pay for goods or services. Even today, gold…

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Are you looking for a new way to invest your money and diversify your portfolio? If so, you may be interested in startup investment. Startups can be a great investment opportunity, but it can be difficult to know where to start. This post provides a beginner’s guide to investing in startups. What is a startup? A startup is usually a business with an innovative idea that needs money to get off the ground. Startups are usually formed by individuals or teams of people who want to create something new, such as a new product or service. They can range from…

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You may be wondering which type of pension is right for you. There are a few different options to choose from, but two of the most popular are the Stakeholder Pension and the SIPP. In this blog post, we will compare and contrast these two types of pensions so that you can make an informed decision about which one is best for you. What is a Stakeholder Pension? A Stakeholder Pension is a type of defined contribution pension. This means that the amount of money you will receive in retirement is based on how much you and your employer contribute,…

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If you’re thinking of buying a house in the United Kingdom, it’s important to be aware of the various costs and fees that will be involved. There are both upfront costs and ongoing costs, which can add up to a significant amount of money. In this article, we’ll take a look at each of these costs and fees, so that you have a better understanding of what to expect. #1 Upfront costs Upfront costs include stamp duty, deposit, legal fees, valuation fees, surveyor’s fee, electronic transfer fee, and estate agent’s fee. Stamp duty Stamp Duty is a tax that is…

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Hedging against inflation can help personal investors ensure that their hard-earned savings maintain their value over time. Rising inflation is a global phenomenon, with prices increasing in countries all around the world. The causes of this inflation are varied, but some of the most common factors include increases in the cost of raw materials, fuel prices, and wages. While mild inflation (2-3%) can have some positive effects, such as stimulating economic growth, galloping inflation (above 10%) or hyperinflation can lead to rising living costs and erode the value of savings. Inflation is the general increase in the prices of goods…

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‍A Roth Individual Retirement Account (IRA) is a type of retirement savings account that allows individuals to save after-tax money for their retirement. The closest UK equivalent of a Roth IRA is an Individual Savings Account (ISA). The United Kingdom has a different retirement savings system compared to the United States. However, personal savings rates in the United Kingdom and the United States are very close.  Savings rates in the UK averaged 8.34 percent from 1955 until 2022. Similarly, rates in the United States averaged 8.95 percent in the same period. Roth IRA is an individual retirement account designed to…

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The impact of technology on financial services has been enormous. The rise of the internet, mobile banking and payment systems and digital currencies have all had a huge impact on the way people interact with banks and financial institutions. ‍ There has also been a shift in financial services and investing due to changing client behaviour thanks to the “millennial” generation. Millennials are digital natives, they trust technology companies more than any other institution, and they value experiences over things. The result is that banks and other financial institutions are being forced to adapt their services to meet these changing…

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NFTs, or non-fungible tokens, are a hot new buzzword in the already jargon-packed crypto world. What are they, why are people investing in NFT art, and what do you need to know about them as an investor? Let’s take a deep dive into the world of NFTs. We will explore their investment potential, creation process, and how to buy NFTs in the UK. What are non-fungible tokens? Let’s start with the basics. In economic parlance, fungible assets are those where units of the asset can be interchanged easily. Something like money.  Two £5 notes, five £2 coins, and a £10…

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5‍ foundations of personal finance will help you get a handle on your financial future. Many young adults struggle to deal with their personal finances. Personal finance is more than just balancing checkbooks and tracking expense categories; it’s an opportunity to take control of your long-term financial future. Good personal financial management habits can be challenging for anyone at any age, but especially so when you’re first starting out in the world as an adult with independent expenses and responsibilities. According to a recent survey, 63% of millennials report having little or no knowledge about personal finance, and 66% say…

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There are a few different ways you can buy bitcoin in the UK. Each way comes with certain pros and cons. Digital currencies, blockchain, and cryptocurrency investment options have the headlines gripped at the moment. Yet they are also unregulated, volatile financial instruments carrying high risk. Does the currency that exist in blockchain make for a good investment? Today we take a closer look at how to invest in bitcoin in the UK, and its potential pros and cons. Recapping Bitcoin Bitcoin(BTC) is a digital asset that supposedly functions like normal currency, but with notable differences. It’s a peer-to-peer system,…

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