May #3 Firstly, please excuse an indulgence. Some of you may remember when my father passed, we asked for donations to the charity War Child at his funeral. The plight.
Read moreMonday Musings 05.12.2022
Monday Musings 05.12.2022
Welcome to December! The end of 2022 is just around the corner. I won’t miss it. We’ve seen a slight improvement in the markets over November, and there are lots of lovely green arrows on the market performance tables this week, but let’s be honest, on so many levels 2022 has been a clanger.
What do we want you thinking about in 2023? Reviews are always so important. As your advisers, we like to be aware of your current circumstances and consistently assess your attitude to, and capacity for, risk. As the markets change so should we assess whether your strategy should change. Do we need to take a slightly more defensive approach with your investments? Or conversely do we have an opportunity to take advantage of the current market and invest long term anticipating future growth? Everyone will be different.
We had an interesting case come forward last week. A gentleman approached us who had been invested in a fund (not by us, I hasten to add) that was designed to decline in risk as the investor approaches retirement. All very sensible. However the fund was not well reviewed post set up and has been preparing him for retirement for the last 12 years when in fact he is still far from his desired retirement age. The risk level of his fund is now out of kilter with his attitude and capacity and as a consequence is unlikely to be able to recover from the storms of 2022 as well as it could have done. Straight Talk to the rescue!
So, what are you asking for from Santa’s sack? If it’s an investment or pension suited to your financial goals and needs, maybe rather than wishing on the jolly red sky fairy, you should get in touch with Straight Talk for practical, real-life solutions.
So, to the markets,
31.12.2021 | 05.12.2022 | % Change | % Change on week | |
FTSE 100 | 7384 | 7556 | Up 2.32 | Up 0.93 |
Dow Jones | 36338 | 34429 | Down 5.25 | Up 0.24 |
Nasdaq | 15645 | 11461 | Down 26.74 | Up 2.09 |
S&P | 4766 | 4071 | Down 14.58 | Up 1.13 |
NIKKEI | 28791 | 27777 | Down 3.52 | Down 1.76 |
Hang Seng | 23398 | 18675 | Down 20.18 | Up 6.27 |
Shanghai | 3640 | 3156 | Down 13.29 | Up 1.76 |
CAC 40 | 7153 | 6742 | Down 5.74 | Up 0.44 |
DAX | 15885 | 14529 | Down 8.53 | Down 0.08 |
May #2 In a completely unsurprising turn of events, the Tories have not done well at the recent local elections. Can you feel the shock waves running through Parliament? No,.
Read moreMay #1 One of the challenges with writing these is not so much finding something to write about, it’s that there is so much I could write about! I know.
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