I’m relieved to say that I’ve never recommended Woodford funds. We avoid start-ups, and as a great believer in fag, gun and gas companies, his investment philosophy is decidedly non-ethical. Many, though, opted for DIY via websites such as Hargreaves Lansdown and Nutmeg. They don’t ‘advise’, as advice is expensive; rather they provide lists, from which you choose at your own peril, of funds with which they have volume deals. Would guess that saving money on advice may now seem false economy. Schadenfreude rules.
“Are US stocks bubbling up?”
‘I’ve seen how much the S&P 500 has gone up, why haven’t my investments done the same?’, I’ve been asked a few times now by clients who’ve done their homework (‘Clever Clogs’? You may think that…).
