Where can I double my money this week?’ and ‘Are there any ten baggers around?’ are common questions aimed at anyone working in investment. I hate to be a bore, but I explain such returns mean taking levels of risk similar to those in bookies. So, if not trying to shoot the lights out in a week, how can an investor expect to increase their wealth?
A tale of two decades
It is fair to say that at the end of the decade the World is a very different place than it started. In terms of assets a dollar worth of bitcoin at the turn of the last decade is now worth over $90,000, whereas a dollar of the Myanmar Kyat is worth just $0.004 today. The Greek stock market is down 93% over the decade whereas the US market is up 246%. There were no negatively yielding global bonds in 2010 and at the peak in 2019 there were $17tn worth.
Megatrend Investing
The demise of Neil Woodford
The Tax Man cometh… and he’s quite interested in your pension!
Financial advice for savvy women
When I took my son along to his football practice last week, my daughter asked if she could join the team, this was the same when we went to Jujitsu the week after. Thankfully, there are lots of young girls keen to start playing football, which bodes well for the future of the sport. However, there is a shortage of female coaches for both sports. It got me thinking about the lack of female financial advisers within my own profession.
Raymond James Investment Services, proud to be in the heart of your community
At Raymond James Ribble Valley, we provide bespoke financial planning and investment management for our clients, who are largely based throughout Lancashire. We have a team of 17 people working in specialist roles, based in Longridge, to help our clients meet their financial objectives and life goals.