How 0.5% Can Wipe Out 80%
Once the market starts its descent down the elevator shaft, all it’s going to take is a 0.5% push to create the velocity for an 80% fall.
Once the market starts its descent down the elevator shaft, all it’s going to take is a 0.5% push to create the velocity for an 80% fall.
If you suspect the next market downturn (and believe me, there is one coming) could be rather savage, then reduce your exposure into the range where the loss will feel more like a flesh wound…
Trading is ruinous to your wealth…and if you lose enough money, your health as well. Trading markets is another form of gambling. Not only are you betting on price action heading in a certain direction…
Boris’ latest lockdown has stolen south-east England’s Christmas. Reduced sales and increased costs…that’s not the best of equations for businesses. You walk the streets and shop after shop is closed…
When you strip away the emotion and look at the data, the conditions in 2020 are nothing like they were in 1920. The only similarities I can see between the two periods are they both…
Divorce can be costly. Financially and emotionally. According to Our World in Data, around half the couples who married in the 1970s did not stick around for the ‘till death do us part’ of their…
Lower and lower rates might be every borrower’s dream, but they’re a nightmare for savers and retirees. The consequences of this unhealthy fixation with growth are starting to come into focus.
The most rewarding investment you will ever make is in your family wealth. There are so many things we take for granted and simply assume as a given.
The government is subtly changing that narrative. Be prepared to leave next to nothing behind. In the coming years, I expect to see reverse mortgages increase in popularity.
The ‘time in’ myth has been a very clever piece of industry marketing. It doesn’t even stand up to the most basic test of common sense. Would you prefer to invest a few months prior…