Society

A strange language is spoken on Planet Finance. It often seems designed to baffle the average investor, and save the richest pickings for the professionals. Take, for example, ‘investment trusts’ — they’re investments, certainly, but they are not trusts. And since blind faith is the last thing to invest in any money-making exercise, the two terms make an odd pairing. The most important decision an average investor has to make is to trust their money with a good manager in a promising sector. And this is the main attraction of Investment Trusts. If you fancied a bet on Japan, for example, your first thought may be a straightforward fund, like

Summer is a difficult time for serious investments — it’s hard to be rational when hot — so why not try betting on the football world cup instead? Thanks to technology, sports gambling can feel a lot like investing these days. Internet betting exchanges are not bookmakers, but trading platforms. Any adult can buy or sell a bet — or position, if you prefer — and ‘trade out’ at a profit or loss before the match, race, or tournament even begins. Which means you are gambling less against sporting chance, more against the human whims of the market. Let me give you an example. If you had taken the advice of,

Teenagers have never exactly been short of things to complain about to their parents. You didn’t give them enough support, sent them to the wrong schools, stopped them going to the right parties, or didn’t get them the latest iPhone. But Generation Rent, perhaps stirred up by too much time spent reading Ed Miliband’s Twitter feed, are likely to be especially aggrieved. To add to the traditional litany of charges from the younger generation against the older can be added one that might even have a kernel of truth in it — you stole our future. There is a case to be made that the big divide in British society,

Finding a way to raise taxes that is popular is, for some on the centre-left, the Holy Grail. As the well connected Andrew Grice reports in The Independent today, a growing number of people on the Labour side are attracted to the idea of an NHS tax. Their logic is that the public value the NHS so wouldn’t mind paying more for it. They point out that when Gordon Brown raised National Insurance to fund extra spending on the health service there was none of the backlash you would normally expect to a tax rise. But the reality is that the introduction of a new NHS tax won’t be matched

My mum and dad never told me that I was found in a cabbage patch, or delivered by a stork. They took a straightforward approach to talking about sex, and always seemed far less embarrassed about it than I did. Once I started at my all-girls secondary school, PSHE lessons re-enforced the emphasis my parents placed on sex as an important part of healthy and committed relationships. The aim was to enable us to make informed decisions, and to feel confident saying no if need be, not to preach abstinence. Sex-ed sessions were good on the practical stuff, too. I’m grateful that, aged 16, my schoolmates and I bid farewell

The latest competition, in which you were invited to compose a poem celebrating a famous duo, produced a colourful cast of pairings. Ray Kelley sang the praises of Flanders and Swann: ‘Never was there a sweeter fit/ of wit to melody, melody to wit’. Brian Allgar proposed a toast to that gruesome twosome Burke and Hare. And Martin Parker saluted south London kings of retail Arding and Hobbs: ‘Posh Knightsbridge had Harrods for nabobs and nobs./ The folks down at Clapham had Arding and Hobbs.’ Hugh King was impressive, as were Michael Swan and Alanna Blake, but they were edged out by this week’s overall champ, Chris O’Carroll, who takes