Month: October 2024

Building wealth and achieving financial goals

Investing is an indispensable tool for building wealth and achieving financial goals. By allocating resources to various investments, individuals can accumulate wealth over time through capital appreciation, dividends and interest. For example, investing in a diversitied portfolio of stocks can yield significant returns, enabling you to grow your wealth far beyond what traditional savings accounts offer.

/ 30th October 2024

Market Update: Markets in brace position

Capital markets feel more tense than at any point since the beginning of September. Global stocks sold off slightly last week, but without sharp moves. It would be wrong to say that investors are fearful. In general, the global economic outlook is still positive despite geopolitical risks. It feels more like markets bracing for some big events. Britons anxiously await the autumn budget and, after a long build-up of mixed messages, it would help to just get it over with.

/ 28th October 2024

Market Update: No news is good news…

Capital markets quietened down last week. Global stocks are up from a week ago, and there is a sense that anxieties are fading. Risks and uncertainties have not gone away completely, but their short-term impacts on risk assets look smaller. There was a lack of bad new news, while the old news seemed less negative. That has allowed investors to focus on more concrete details.

/ 21st October 2024

A Guide to Mastering Financial Fitness in Your 50s

Entering your 50 is not just another chapter in your life; it's a profound and exciting phase in your financial journey. By this time, life may have settled into a more predictable rhythm. Perhaps your children are financially independent, and your career is at a peak, providing a stable income.Thoughts of winding down or retiring might be dancing on the horizon. This is why it's a pivotal moment to take a comprehensive look at your financial situation and ensure you're on the right path to achieving your future goals. Here's our guide to help you focus on key areas and...

/ 17th October 2024

Market Update: Buy the rumour, sell the fact

For a week with so many competing market narratives, global stocks were fairly stable. However, the S&P 500 continues to hit new highs and is doing so as we write. Broadly, US equities were stronger despite higher than expected inflation data, while the UK and Europe are lower on the week (at the time of writing) thanks the effect of dividend payments, currency moves and some policy uncertainty.

/ 14th October 2024

Income Protection Insurance

When life throws unexpected challenges our way, such as severe illness or injury, the impact can be emotionally and financially overwhelming. While it's never pleasant to contemplate misfortune, it's crucial to consider how you would cope if a severe health issue left you unable to work.

/ 4th October 2024

DPMS Portfolio Commentary October 2024

Now that all developed markets have started cutting interest rates, we are looking forward to a more accommodating period of easing monetary policy heading into 2025. Further cuts are expected over the next 12 months as the era of higher interest rates has been declared over by The Federal Reserve (The Fed), Bank of England (BoE) and European Central Bank (ECB).

/ 3rd October 2024