by Town Close Financial Planning | Nov 8, 2017 | Investment News
9 October 2017 was exactly 10 years after the S&P 500 peaked before the financial panic of 2008. Ignoring dividends, the S&P 500 then fell 57%, finally bottoming out on 9 March 2009. If you had bought at the peak, held on and reinvested your dividends... by Town Close Financial Planning | Nov 3, 2017 | Investment News
What’s the saying? ‘Close, but no cigar’. That’s how it was in October as all but two of the markets we cover rose in the month. Brazil’s market did manage to stagger up by just 14 points, meaning it was unchanged in percentage terms, but the Russian stock market let... by Town Close Financial Planning | Aug 4, 2017 | Investment News
July got off to the best possible start when Janet Yellen, Chair of the US Federal Reserve, announced (completely laughably) that there would be no more financial crises “in our lifetime.” Speaking on a trip to London, she said that the reforms of the banking system... by Town Close Financial Planning | Jun 2, 2017 | Investment News
As we wrote last year, ‘It is tempting to think that Brexit is the only game in town.’ Cross out ‘Brexit’ and replace it with ‘General Election’ and the sentiment holds good. But the rest of the world keeps turning – or in May, grinding to a halt as the WannaCry... by Town Close Financial Planning | Apr 26, 2017 | General News
The last few weeks has provided yet further evidence that nothing can be taken for granted and the next surprise is only a matter of minutes away. First up there was the budget. Our beautifully prepared report was relevant for just a few days before Mr Hammond decided...