Personal Finance and Investing

We are on track, and we are ready for the Games. … I am very impressed with everything I have seen this afternoon. Seychelles is ready to welcome the athletes and officials to the Games village.”

President James Michel was speaking after visiting the Indian Ocean Games Village at Ile Perseverance this afternoon. He was welcomed by Designated Minister Mr. Vincent Meriton, who is the Chairman of the Organizing Commission of the Indian Ocean Island Games (Jeux des Iles de L’Ocean Indien-CJSOI). Also present during the visit were Mr. Denis Rose, Principal Secretary for Youth and Sports; Mr. Chr Read more…

Many of the headlines generated by the Office for Budget Responsibilitys recent fiscal sustainability report concentrated on the challenges of the demographic timebomb the fact that we are living longer.There will be undoubtedly be extra costs, but there is no need to give in to right wing calls to slash spending.

This is what the OBR chair Robert Chote said at the  launch press conference:

Demographic trends are a key driver of our sustainability analysis, as they are of similar studies in other countries. Past increases in life expectancy and falls in fertility rates, combined with the demographic bulge created by the baby boom, mean the UK will have an ageing population.

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Top 10 Google Nexus 3/Nexus Prime rumours put to the truth test Your one-stop, fully-comp guide to what’s going down with the next-gen Nexus.

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The reason why it is so important for you to start saving early is the magic behind the concept of compounding and the rule of 72. People who wait until they are later to begin saving are going to have to save much more and much more quickly in order to catch up with the people that started saving much earlier on in their lives. There are two basic methods that you can use when it comes to calculating the interest that your savings will receive, one of which is simple interest and the other which is compound interest.

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