Every week or so someone asks me for financial advice. It is both a good question to ask, and one that worries me.
Max Hastings' article in the Guardian today shows why. Love him or hate him, he's a smart guy, yet his investment return over 25 years is probably below zero.
He uses this information to wonder whether the approach we take to personal investment in this country works.
He asks: "When it comes to money, many of us are unfit to be let out without a nanny. But who can be trusted to push the pram?"
It is another good question. Put simply, people both wilfully ignore good financial advice and are regularly fleeced by people they should be able to trust.
The Mail, as ever, provides some real people.
Whatever the answer is, I suspect it will not satisfy these frustrated Alphaville readers. It feels like the end of days, and even a change in government appears unlikely to shift the gloom. Charlie Brooker expects a riot. I think the odds are shortening.
21 hours ago