Picking investments…

Sep 27, 2017 | Investments

Listening to a number of fund managers yesterday, talk about how they pick investments was uncannily like hearing gamblers describe how they analyse form for the runners at the 2.30 at Kempton; or, worse still, the choice of numbers on the roulette table. Cynical? Moi? Yes, about making things too complicated, trying to look clever and beat the markets in the short term. My view has always been that a boring but well-managed managed fund will always be fine if you hang on in there. If it’s not rocket science, don’t use a quadratic equation to solve it.

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“Key ISA sales season flops as investment drops 91%”

“Key ISA sales season flops as investment drops 91%”

Had we advisers been doing our jobs this should have been a bumper ‘ISA Season”. World stock markets are down around 12% this year. Yes, there may more ups and downs to come, but investing when things look grim is always the tougher but much better bet.