Diesel at my local filling station now costs over £7.50 a gallon (kids etc.). Not my problem these days, but I’m sadly old enough to remember the furore in the 1970s when the price went up to 50p a gallon. I was busy with my ‘O’ Levels, so didn’t notice that in the same year the FTSE went down 75%, the Dow Jones by 45%. All this, I’m sure, seemed the end of the financial world as we knew it yet is now but a blip in the graph of history. Two years later, the stock market went up 150%. Fortunes lost for those who panicked, made by those who stuck with it and were brave. Lessons of history.
“Majority of IFAs have no plans to use AI in their practices”
I remember sometime in the 90’s, attending a presentation by a successful adviser providing helpful hints to an audience of wannabes, young and old.
