World stock markets fell in ‘Q1’ by 21%, ours by 30%. Investors in balanced, medium risk funds, though, are down around 12% which isn’t great, but does show that the balancing bit of ‘balanced’, not having everything in shares, can work. And that having your money spread around different markets helps as the US and Japan have fared better than us so far. Also, notice I said ‘are down’, not ‘have lost’; because the latter is only true if you sell. You could always invest more. Many have. This, too, shall pass.
Will the new Roaring ’20s end in a Crash?
The Great Gatsby was one of my favourite books, and I even had a soft spot for the Robert Redford movie (really don’t bother with the new one). All the fun and glamour was doomed to end, and we know how badly it ended, Gatsby in the swimming pool (spoiler),...