Is the stock/bond correlation about to turn positive?
“When stocks go down, bonds go up” has been a foundational assumption in just about everyone’s portfolio construction decisions for the last 20 years. But
How to predict bond returns
Hello again, it’s been a while. I won’t bore you with the details of why I’ve taken a few months off, but I’m now out
How often should you rebalance your portfolio?
For those who read my last post, you now know you can throw all that textbook investing stuff out the window and go all-in on
What is the rebalancing bonus?
For my next post, I’m planning on having a look at how often you should rebalance your portfolio. i.e. how often you should buy or
What if my broker goes bust?
Choosing the right broker is one of the essential steps on the road to managing your own investments. It can also be a tricky one.
Against thematic funds
“Steve Jobs and I will always get more credit than we deserve, because otherwise the story gets too complicated,” Bill Gates once said. Bill Gates
Average UK salary by age
This post explores a variety of statistics around salary data in the UK, including the average UK salary by age. As salaries vary depending on
Why I track my spending
This post is all about me. I always thought writing a blog required a double-whammy of intellectual arrogance – firstly in assuming that anyone would
The best investing books for beginners
Updated 9th June 2021 Since my list of the best investing books for beginners was first published last year, I’ve moved another dozen or so
New ‘Resources’ page
The eagle-eyed amongst you will have noticed a slight change to the site over the last few days. There’s now a new heading in the
Return expectations: 2021 edition
The bad news is it’s six months late. The good news is it’s only six months to wait for the next one. Just like last
Concentrating on active share
Earlier in my career I used to be involved in the management of a concentrated equity fund. Part of which entailed selling it to potential
The predictive power of fees
When Julius Caesar was 25 years old, he was kidnapped by pirates as he was sailing on his way to Rhodes. The pirates, having realised
Beware graphs bearing outperformance
“Timeo Danaos et dona ferentes” – Beware the Greeks bearing gifts – Virgil, Aeneid (II, 49) The more articles I begin with a Latin aphorism,
Why do we buy expensive investments?
Having just opened a Native American jewellery store in Arizona, the owner was having trouble selling some of her turquoise pieces. Despite the jewellery being