LWM Consultants Blog

  • No Direction Home April 27, 2018 - If you are sensible and have a life you don’t follow Markets in real time, and are not immersed in the emotional push and pull of daily news and commentary. It is a conundrum we struggle with, we know it’s not productive to get caught up in the sound and fury of the moment but […]
  • Searching for the holy grail April 20, 2018 - Bonds (corporate and government debt) have been a haven for those seeking income as an alternative to cash. There has been a perception that bonds are nearly as safe, and perhaps there is good reason for thinking so, based on the last 30 years. But for some time, we have expressed concerns over the ‘bond […]
  • Much Ado About NowThings March 02, 2018 - Now that February has passed; a month that saw tumultuous stock market volatility, especially in the US, it seems appropriate to take a slightly less fevered look at where we are now and where we may go from here. The first thing to note is that the US market has recovered the bulk of its […]
  • Volatility – The Return February 06, 2018 - In our report on 2017 we highlighted the almost complete absence of volatility (‘vol’) in major markets. Well, last night the US market dropped around 1,200 points on the day and a little over 700 in 11 minutes (about 3%). So ‘vol’ is back and honestly, it’s about time and a good thing in the […]
  • Looking back at 2017 January 08, 2018 - Performance 1 January – 31 December 2017   Defensive Portfolio Cautious Risk 4 Portfolio Cautious Risk 5 Portfolio Balanced Portfolio Moderately Adventurous Portfolio Adventurous Portfolio Portfolio 7.83% 10.43% 11.81% 18.24% 20.16% 21.89% Benchmark 5.96% 7.28% 7.76% 10.17% 11.59% 12.79% You should note that past performance is not a reliable indicator of future returns and the […]
  • Brief view of the markets November 29, 2017 - This blog provides a brief update on performance and views going forward. Performance of the portfolios from 1 January up to 31 October ranges from 6.49% to 19.65%, before fees / charges. This is broadly as it should be in a fundamentally ‘risk-on’ market where company prospects for growth are priced higher. Investors accept higher […]
  • Budget snapshot November 24, 2017 - It must be really difficult when you are the centre of attention for one hour each year but haven’t really got anything new to say. This was what the Chancellor faced yesterday, so no wonder he tried to concentrate on cracking jokes about driverless cars and how the government is run by two-thirds of Top […]
  • The next financial crisis is coming – and it’s all Richard Nixon’s fault September 26, 2017 - We live in an era that’s unusually prone to financial crises. We’re almost certain to see another one in the not-very-distant future. That’s not me talking (although I agree). That’s Deutsche Bank. And you can blame it all on Richard Nixon… How the world changed in 1971 Deutsche Bank (which I shall now refer to […]
  • Is investing just a posh word for gambling? September 18, 2017 - Coming into this part of the industry recently I decided to study the concept of financial planning and it quickly dawned on me it was a little more complex than being ‘sold’ a product! I was asked the other day whether my job was essentially to be a paid gambler of another person’s money! It’s […]
  • Half Yearly Review July 05, 2017 - Defensive Cautious Risk 4 Cautious Risk 5 Balanced Mod Adventurous Adventurous Ethical Actual Performance 4.20% 5.23% 6.36% 9.70% 10.97% 11.90% 8.64% Benchmark 2.58% 2.66% 3.15% 3.86% 4.38% 4.92% 5.33% Outperformance 63% 97% 102% 150% 150% 142% 62% Our aim of each risk weighted portfolio, is to achieve consistently better results than the portfolio’s own specific […]