Plus: something that blew my mind this week … Stocks have been running strong for a while; this structural bull market started in 2009. Interspersed by shorter bear markets in between (2018, 2022) – all of which subsequently recovered with fresh new highs....
Two weeks ago, the market experienced a bout of turbulence (see chart below). Early August turbulence … Global equity ETF in 2024: up to 16th August It now seems like a non-event but the media and headlines were sensationalist, as you’d expect. That...
Sales don’t come around too often – unless of course you shop at DFS or Sports Direct! Stocks tend to gain value 70-80% of the time and decline for the rest. Overall, and on average, they return 8-12% pa. So stockmarket sales are always an opportunity to...
The election campaign has been pretty dull so far, but this week brought unexpected good news on pensions. I’m surprised there wasn’t more excitement around this. It will have a huge impact on many. In summary, Rachel Reeves – our next Chancellor in...
Taxes are one of three major leakages from our wealth – the other two being fees and inflation. Read my piece on how to reduce fees and this one on turning inflation to our advantage. Any time we allow a leakage to persist, we’re actively allowing money...
