Bycraig
“A communist is like a crocodile: When it opens it’s mouth you cannot tell whether its trying to smile or preparing to eat you up” (Winston Churchill) As we re now well on our way into the second half of the year and holiday time in much of Europe, the markets continue to chug along…
Bycraig
“I wouldn’t say I was the best manager in the business. But I was in the top one” (Brian Clough)Happy New Year….. Lets all hope that 2018 is as prosperous for you as 2017 was. If you didn’t have a stellar year with your portfolios / pensions , and by that I mean at least…
Bycraig
Whoever said money can’t buy happiness simply didn’t know where to go shopping (Bo Derek)So the Dow Jones fell in yesterday’s session by 0.1%, hardly newsworthy you would have thought except that had its stocks performed 0.2% better, we would have seen a record 13 days straight of successive gains. This would have overtaken the previous…
Bycraig
“KNOW WHAT YOU OWN AND WHY YOU OWN IT” (Peter Lynch – Fidelity, annualised 29% 1977 – 1990) The month of January draws to a close and of course when we look at the raw statistics it would seem that times are pretty tough out there. Of course theChinese market decline (22.7% year to date) has had a lot…
Bycraig
Brexit is happening, What should I do now??As I sit here watching what appears to be a momentous decision being made by the people of the UK to Brexit, of course I have a lot of very concerned clients and their concerns are not unjustified. Those of you who have followed my posts, I always thought…
Bycraig
“”NO” WITH DEEPEST CONVICTION IS BETTER THAN “YES” TO AVOID TROUBLE” (Mahatma Ghandi) I can just imagine Messrs Farage and Johnson in their younger days head-banging along to the punk classic, “If I go there will be trouble, an if I stay it will be double” Until very recently (and I still just about hold this view), I was under the…
Bycraig
“Diversification may preserve wealth but concentration builds wealth” (Warren Buffet)July seems to have whizzed by. Despite seeming a fairly benign month for stock markets, most days on the S&P seeing less than 1% movement, other markets had a bit more bounce. China and Emerging Markets in general benefitting from the upside , with the FTSE getting…
Bycraig
I’m only rich because I know when I’m wrong. I basically have survived by recognising my mistakes” (George Soros)Quarter 3 is over and as we head into the Quarter 4 – historically when markets perform best. With the exceptions of a small pull back in tech (after a great run this year) and the Dax,…
Bycraig
”Development is about transforming the lives of people, not just transforming economies” (Joseph Stiglitz)So Quarter 1 has come to an end and whilst some parts of the world celebrate the Easter holidays, we can reflect on a difficult month of March and a difficult volatile start to 2018. Although we are always going to get…
Bycraig
”Buy low and sell high. It’s pretty simple. The problem is knowing whats low and whats high” (Jim Rogers)So after months of upward momentum, finally the bears have come out from whatever they were doing in the woods shouting “I told you so” as results across the board for February were negative as follows: …