How liquid is your investment portfolio?
But what is liquidity and why does it matter when you’re investing money?
In this episode, an assessment of the investment portfolios we recommend to clients at Informed Choice, from a liquidity perspective, and how you can better understand the liquidity within your own investment and pension portfolios.
Personal finance news
-MPs have called for a new law to prevent the closure of the last bank in Scottish towns. The Westminster Scottish Affairs Committee has asked the government to seek assurances from banks they will not close the last branch in town, with legislation introduced if these promises are not made.
-More than £1.5bn in old five and ten pound notes remains in circulation, more than a year after they ceased to be legal tender. According to the Bank of England, 118 million paper £5 notes and 94 million paper £10 notes are still in the hands of members of the public.
-The Bank of Mum and Dad has become one of the biggest mortgage lenders in the UK, after giving an estimated £6.3bn to children this year. According to new research from L&G, the average parental contribution towards the cost of buying a home has risen by more than £6,000 in the past year, to reach £24,100.
-A charity has released figures measuring the UK economy on a per person basis. While the UK economy contracted by 0.2% in the second quarter, when viewed on a per person basis, GDP per person fell by 0.35%.
-A new study has exposed Britain’s hidden epidemic of young people spending millions of pounds every year on in-app purchases and video game add-ons. The survey, compiled by the Safer Online Gambling Group, estimates that young people and families could be losing over £270 million each year through so called ‘loot boxes’.