Worldwide Financial Planning

Being self-congratulatory over a stock which you bought, without understanding it, and seeing its value soar, is the exhilaration of skydiving without having checked your parachute. You can’t blame anyone.

Diworsification, describes excessive diversification which weakens investment returns, increases costs, and makes managing a portfolio unnecessarily complex. It’s the financial equivalent of collecting hundreds of ingredients for a meal and ending up with a tasteless, overpriced dish.

Opinion is divided over whether Trump is serious about imposing tariffs or whether they are just bargaining chips. The threat of tariff was widely anticipated and with the exception of some currencies markets have been positive.

Debt is a matter to be taken seriously. It can take away one of your core emotional needs – autonomy. Let’s give you some awareness tips to help you, or potentially other people you may know, in this situation.

Media coverage fixated on the UK being in a bad place this week, with the government under pressure from the bond markets and the pound on the skids. Even setting aside the hysterical comparisons to Liz Truss’s disastrous time as prime minister, it is understandable that some people expected to see bond yields spike.

Plenty of people, even when financially secure, can get stuck in the mindset of “What if I lose it all?”, clutching their savings like a life raft, afraid to use their wealth for anything, even the basics like comfort or health.