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This week’s show is inspired by one of my favourite questions: what exactly happens to the money when you buy a share? Who gets it? How do companies deal with shares in their books? We talk about the mechanics of buying a share, the differences between primary and secondary markets, and how shares get from person to person.
It seems having enough money to retire is only half the battle. There are so many decisions to be made post-retirement. This is true for old school retirement and financial independence, as Alistair Hennessey’s question illustrates this week.
Value added tax (VAT) is charged as a percentage of the price of a product/service. So the first thing to know is how to calculate a percentage. I like to break up the word into “per” and “cent” Since “cent” is short for “century” (think 100 in years and cricket), percent means “per hundred”.
I’m finally doing it. I’m buying a house. I’ve had a cold winter and I’m finally accepting I didn’t turn out to be a jetsetter living in luxury hotels around the world. Clearly, this isn’t a financial decision, but it doesn’t mean I can’t be smart about what I’m doing.
