If you can’t pick early, pick when ripe

We can all beat ourselves up for not investing in corporate giants in their infancy, but Apple’s return to growth shows it’s never too late to back a winner. It was a bittersweet week for Apple, the biggest...

What will Trump equities this year?

2015 had been predicted by most experts to be a good year for stock market investors. Based on what? Most probably because the previous two years had been pretty special. They call it “recency bias”. Double digit total...

You can't fix stoopid

Almost seven years ago in a crazy diner in Tampa Bay’s Anna Maria Island my old friend Pete introduced me to what he called “the Brains Trust”. It included folks such as John, who talked like John Wayne...

All I want for Christmas is the dividend

December’s share price rise is a gift but long-term investors still prefer to find payouts under the tree. Will there be a ‘Santa rally’ this year? The Footsie has risen in value during 26 of the 32 Decembers...

Why a high Phi factor is good for you

Unless you’ve been doing impressions of Rip Van Winkle this year you can’t have missed reading about older investors being conned out their life savings. Yes, we’re talking “unscrupulous salesmen” getting in touch out of the blue and...

Facts and fiction (sometimes called Statistics)

This week’s column was going to be about the Chancellor’s Autumn Statement. Never mind. What a waste of time that was. Not that it put off our news channels from wallowing in misery as usual. A year ago...

Stay calm and Trump weak hand

On 7 November it was reported that Chris, a technology worker in California was so terrified Donald Trump would win the US Presidential Election he sold his entire diversified portfolio of shares and bonds worth some $250,000. He...

Annuities: how to benefit from the small print

On the way back from my annual homage to Ibiza I bought a British newspaper in the airport. Turning to the Money section I was appalled to read some of the most irresponsible financial reporting I’ve seen in...

Breaking news — sometimes it’s better to do nothing

“Don’t just do something — stand there” is a mantra often associated with Ronald Reagan, the US president who personified masterly inaction. This approach helped Reagan, pictured with his wife Nancy, to resist populist demands that “something must...

October Blues?

Written for publication in Scotland on Sunday Sunday 16 October 2016 Mark Twain said October was a bad month to invest in stockmarkets. Seems on the surface at least he wasn’t far wrong. I started as an IFA...