What caught my eye this week.
Technology marches on. I virtually bought knocked over by a stealthy Tesla this morning. The electrical autos proliferate alongside my avenue like items spawning in a real-time technique sport.
In the meantime, Apple is readying its Imaginative and prescient Professional headset to immerse us in new realities – or not less than its App retailer – whereas chatbot AIs conspire within the wings. India simply launched a mission to the opposite facet of the moon.
Monevator will not be being left behind on this tumult. That’s proper! Because of your assist and the efforts of our hard-working engineer(s), we’ve lastly enabled reader edits in our remark part.
That’s proper, no must remorse one ‘s’ too many within the phrase ‘recession’ anymore. Whenever you put up a remark, you’ll have 5 minutes to provide it a learn by way of and tweak. You too can delete your remark fully in case you have second ideas.
For Monevator members, there’s no time restrict. Your feedback will at all times be editable and may be deleted, supplied you’re logged-in and posting below your registered electronic mail tackle.
Our feedback are house to wonderful discussions, and I’ve lengthy resisted tampering with a profitable components. However modifying has been requested many occasions. Hopefully this strikes the appropriate stability.
One fear I’ve had is a uncommon malicious poster manipulating their feedback for nefarious causes. The five-minute timer ought to prohibit the scope for that. We’re implicitly trusting members to be good actors by eradicating the time restrict for them.
However simply to be protected, all edits are tracked and saved. If somebody does say one thing simply to begin a row after which sneakily goes again and adjustments what they wrote – a giant motive I’ve averted permitting edits for therefore lengthy – then we’ll know.
For 99.9% of you that is irrelevant. However trolls beware!
In any other case bumper hyperlinks this week, with tons to be mentioned. How loopy is that graph of parental assist for home deposits? Then there’s the pension shake-up shenanigans…
Benefit from the studying – and perhaps the writing and – have a fantastic weekend.
Rates of interest on money at funding platforms – Monevator
From the archive-ator: Summertime  and the dwelling is queasy – Monevator
Notice: Some hyperlinks are Google search outcomes – in PC/desktop view click on by way of to learn the article. Attempt privateness/incognito mode to keep away from cookies. Contemplate subscribing to websites you go to so much.
Mortgage charges hit a 15-year excessive in Britain – Which
Renting a room tops £700 a month; £971 in London – Guardian
GDP fell 0.1% in Could – Guardian
Financial institution of England: mortgage defaults rise 30% in three months – This Is Money
Nationwide debt might attain 300% of GDP by 2070s, says ONS – Sky News
Ripple notches landmark win with SEC over cryptocurrency – Reuters
Dwelling possession in Britain has turn out to be a hereditary privilege [Search result] – FT
Pension raid to spice up blighted Brexit Britain* information mini-special
‘Mansion Home reforms’ search to channel pension financial savings into unlisted corporations [Search result] – FT
All of the official pointers and paperwork relating to Jeremy Hunts proposals – GOV.UK
Rolling the cube on British pensions [Podcast, excellent overview but the call for local authority apparatchiks to make sub-scale investments in unlisted local projects using other people’s life savings is bonkers IMHO] – A Long Time In Finance
The best way to choose out of Hunt’s dangerous plans to your pension [Search result] – FT
Pensions trade tries to become familiar with ‘avalanche’ of developments – Pensions Age
I advised you so – Monevator
*I could also be editorializing a tad.
Coventry’s new quick access account pays 4.5%; 4 withdrawals a yr – This Is Money
TSB launches £200 bank-switching provide – Which
Switch your SIPP to Interactive Investor in July and get from £100 to £3,000 in cashback, plus pay no SIPP price for six months. Phrases apply – Interactive Investor
NS&I boosts charge on one-year bond to five% – NS&I
UK banks enhance charges for savers after FCA assembly [Search result] – FT
What to do in case your telephone will get stolen – Which
MMM critiques his Tesla Mannequin Y – Mr Money Mustache
Wonderful UK properties to hire, in footage – Guardian
Remark and opinion
Passive buyers: sufficient with the puritanism – Humble Dollar
Labour’s plan won’t rework UK’s poor financial prospects [Search result] – FT
Gen Z wish to work ‘lazy lady jobs’. Who might blame them? – Guardian
Ought to rising markets play a job in your portfolio? – Morningstar
Why 1966 was the worst yr to retire – Think Advisor
Understanding Fats FIRE: an in-depth information – Of Dollars and Data
UK shoppers splashed the money, and helped push costs up – David Smith
Have older buyers turn out to be too aggressive? – Morningstar
Profession – Indeedably
What precisely is your downside with inventory index focus? [Search result] – FT
A blueprint for peak retirement – A Teachable Moment
Naughty nook: Lively antics
UK PLC going low cost. [I wonder what happened in 2016…?] – Merryn via Twitter
Non-public fairness corporations add debt. That’s nearly it – Verdad
The UK market boasts an abundance of high-yield shares – UK Dividend Investor
A primary-half funding belief portfolio overview – IT Investor
Are you investor? – Maynard Paton
This US small cap has paid an unbroken dividend for 205 years – Motley Fool
Ten graphs that present how the yr has been filled with surprises (as regular) – Bilello
Indicators of hope for late-stage non-public market valuations – Axios
Kindle guide bargains
Cash Males by Dan McCrum [On the Wirecard fraud] – £2.99 on Kindle
The Journey of a Lifetime by Bob Iger – £0.99 on Kindle
The best way to Personal the World by Andrew Craig – £0.99 on Kindle
How alt fund managers grew to become inexperienced vitality leaders – Institutional Investor
Orca whales are ramming boats. Why? – Guardian
How historic ‘skywells’ preserve outdated Chinese language properties cool – BBC
Scientists are able to formally declare the Anthropocene period – Sky News
Will you catch dengue fever in Europe this summer time? – Which
Researchers discover 176 fowl species utilizing man-made supplies in nests – The Conversation
Scientist says we’re in “uncharted territory” after world’s hottest week on file – Lad Bible
Turning humid air into renewable energy – Guardian
Robotic overlord roundup
How AI chatbots may also help you perceive – Humble Dollar
Off our beat
What did folks do earlier than smartphones? – The Atlantic via MSN
Do onerous issues in order for you a simple life – Darius Foroux
What to make of physicist’s declare to alien discovery? – The Dialog via Yahoo
The 2023 Comedy Pet Images Awards, in footage – Guardian
The story behind the Mission Not possible theme tune – The Honest Broker
Peak China and the approaching of ‘Altasia’ – Noahpinion
“Reps, reps, reps.”
– Arnold Schwarzenegger, Total Recall