It’s great when we can tell clients with good news that they’re a few, sometimes quite a few ‘000s better off than they were when we last met. The (many) who don’t follow the ‘markets at record highs’ headlines are often surprised that, despite Trump, Starmer, wars and AI, their funds are healthily up Is it too good to be true?
Well, yes, of course it is. If not, it would all be too easy. Rises in the last 12 months mean that decent medium risk funds have averaged 7% a year – with quickly forgotten ups and mainly downs along the way: Ukraine, Truss, Liberation Day.
And there an AI SciFi bubble? A telling sign, in a shop in our high street, an assistant said to me ‘you do shares, don’t you, should I buy that Space X?’ No is the obvious answer, but how many will have done something online with both that and Bitcoin?
In conclusion, what goes up will come down, but take advice, keep enough in the bank, hang on and you’ll find it really does go up more than it goes down.
