UK Growth Fastest in Three Years but What's Next

How Fast is the UK Growing?

According to the Official for National Statistics (ONS), the UK’s total economic output as measured by gross domestic product (GDP), rose by 0.8% between the months of July and September. The ONS commented on how all sectors have performed reasonably well in the recent times.

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While the 0.8% increase might not seem significant, it is for the UK economy. It is the fastest quarterly growth the UK has seen since 2010, building on the 0.7% increase after the second quarter. George Osborne, Chancellor of the Exchequer, said, “[Britain] is on the path to prosperity” with the Deputy Prime Minister Nick Clegg claiming “we are firmly on the road to recovery”.

Saving For Retirement

Six Investment Tips That Should Never Be Looked Over

For those who want to save for retirement, building a large pool requires more than just saving an additional amount of money each month. More people now realize the importance of investing as a way to create their retirement savings.

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1. Build a Diverse Portfolio

Many people are hesitant about investment due to the risk involved. However, having a variety in investments will make easier to prevent large losses without having all your eggs in one basket. Making just one larger investment might pay off in the end, but you also risk losing more of your money. By making smaller investments, you will be sure to see a return on some of your money.

Equities versus Bonds

Which is Better

For the purpose of clarification, we will define equities as shares in publicly-listed and traded companies (i.e. Stocks). Bonds may also be bought from public companies but could simply be government bonds bought from the government. Both stocks and bonds have their advantages and disadvantages. Usually investors will find a balance between stocks and bonds, to balance out their risks and returns.

Is China Mobile worth buying into

China Mobile Inc. (NYSE:CHL) has been at the receiving end of some cynical comments regarding its perceived incapability to bring the desired iPhone to its network. Indeed, commentators writing on the Chinese government-run telecom giant also noted that other telecom companies, which have been paying fees for leasing China Mobile's services, are now paying less. 

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However, this commentary ignores the simple fact that China Mobile is the dominant player in the Chinese telecom space. Further, its balance sheet and the dynamics of the Chinese market are still heavily in its favor as the following analysis will show. Coupled with its future prospects, these factors make any anxiety regarding the Chinese company's future highly unwarranted.

Is BestBuy still a buy

Best Buy Inc. (NYSE:BBY) hasn't had a fabulous time for the past few years. Faced with growing competition from the online retailers like Amazon, Best Buy's revenues had been shrinking steadily, leading many to wonder if the company would be finally falling on its face. Since it specializes in electronic goods, it did not enjoy the benefits of diversification that Wal-Mart has, especially products, which shoppers would be trying out before buying. However, with the coming of Hubert Joly, matters have taken a different turn, and the company's stocks have been steadily rising. While this itself shows that Best Buy still has the potential, one needs to take a closer look at the company's current status and future possibilities before jumping onto the bandwagon.