PHI's are good for you

While I appreciate Christmas is looming and tis the season to be merry please read this tale about Pensions. You never know. Somebody you care about may receive a surprise gift from you. Now unless you’ve been copying...

That's how it goes

“Everybody knows the dice are loaded. Everybody rolls with their fingers crossed. Everybody knows the war is over. Everybody knows the good guy lost. Everybody knows the fight was fixed, the poor stay poor, the rich get rich....

Caught in a trap?

Regular readers of my monthly musings might be wondering where my Granny McKay’s pearls of wisdom have disappeared to. You may recall her advice, usually ignored these days by the mainstream financial media, went something like “Always remember...

September Blues

“It’s a long while from May to December. But the days grow short when you reach September. When the autumn weather turns the leaves to flame, one hasn’t got time for the waiting game”……….Tony Bennett. “Oh Really”…………..Rab C...

New marathon world record ... pessimists wrong again

Now the Olympics are well underway did you notice my July Letter From Linlithgow set a new world speed record by appearing in June? The 28th to be precise only five days after the UK Referendum, when “experts”...

Brexwitched bothered and bewildered

It’s Tuesday afternoon 28th June as I write this. Only four days since Black Friday, when the UK’s Leave campaign victory shocked world markets. If my mum had still been alive she would have panicked and run out...

Brexit wrecks it What will they think of nexit

You can tell that things are ropey when an experienced Financial Journalist sends me an urgent email asking what I think about “Brexit looking more likely,” whether she should now be moving into “safer investments” and what we’d...

Goals

April’s letter went out just before my stand up spot at Jim Mellon’s London Master Investor Day on the 23rd. I’m relieved to say “The Ibiza Mix” went down well. Lots of interest, a few laughs thank goodness...

Economic Tricks - The Ibiza Mix

In January 2002 only 4 months after 9/11, investing in shares still didn’t look like a great idea. The Dotcom bust in March 2000 had done terrible damage to investor sentiment never mind their wealth. You may not...

Abracadabra

Last Wednesday the annual Parliamentary Magic Show the Budget took place. And back once more to entertain the country was George “Sleight of Hand” Osborne making his seventh consecutive annual appearance. What new tricks would he have learned...