Financial planning update – November 2018

Stock market jitters continue

The stock market jitters that began in October have continued throughout this month.

US markets are now down 8-9% over the last two months, while European markets have lost 6-7% over the same time period and in the UK, the FTSE has dropped by a similar amount. Continue reading “Financial planning update – November 2018”

October market jitters

October has seen a sharp fall across global stock markets; US markets are down around 7% and European markets have lost 5.5%. Meanwhile, in the UK, the FTSE100 has dropped 5.25%.

On the plus side, bond markets have been stable, strengthening slightly over the month. However, in general, this has not been enough to offset the fall in stocks. Continue reading “October market jitters”

This is what you are up against…

A Bloomberg terminal is a fantastic piece of kit.

As well as providing split second information (there is even a feature that lets you track ships carrying commodities as they travel around the world) they also allow subscribers to connect with each other via instant messaging and chat rooms. Continue reading “This is what you are up against…”

Some Brexit thoughts

A client contacted me yesterday asking for my view on the impact of Brexit on portfolio valuations. In particular, he wondered whether a “no deal” outcome would mean a devaluation for Sterling and therefore whether USD denominated investments may be wiser.

Given that he is unlikely to be the only person thinking the same, I decided to share my response here. Continue reading “Some Brexit thoughts”

Do your investments suffer from home country bias?

“I like what I know and I know what I like”

This in essence is home country bias, a phenomenon that can be seriously detrimental to investment performance.

A more precise definition of home country bias is that it occurs when investors concentrate their portfolios in shares and bonds from their home country at the expense of global diversification. Continue reading “Do your investments suffer from home country bias?”