Bag of Spanners

Bag of Spanners

What should you know?  A “Bag of Spanners” is a British term defined by the Urban Dictionary as:  “A product, device or service that appears to work, but when you look deeper turns out to be a collection of badly thought out and badly implemented ideas that is going...
Buy the world

Buy the world

What should you know?  Every year there are ‘winners’ and ‘losers’ in the world of investing. This applies to individual companies, regions, industry sectors, and the stock markets of different countries.  The chart below shows 20 years of annual returns in 22...
Wall of worry

Wall of worry

What should you know?  The relentless rise of stock markets is matched only by the equally relentless flow of negative news events that often create stock market volatility.   The high frequency of these events, and the needless fear they create, are enough to deter...
Zooming Out

Zooming Out

What should you know?  In the short term stock markets often appear random and erratic, especially during times of global uncertainty. Sentiment can change from positive to negative, and back again, on a weekly or daily basis without any clear trend or pattern.   It...
One Day Can Make a Big Difference

One Day Can Make a Big Difference

What should you know?  Trying to time the market is a trap that self-directed investors can commonly fall into.  It sounds simple enough, sell right before markets start to fall and buy again just before they start to rise.   Alas, the evidence clearly shows that...