Magnificent Seven come tumbling down The Magnificent Seven stocks (Apple, Amazon, Google-parent Alphabet, Nvidia, Facebook-parent Meta Platforms, Microsoft, and Tesla) have been responsible for the lion’s share of the US bull market in equities since late 2022. So much so that a new term has made its way into market parlance: “bad breadth”. It refers…
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“Change is not a gate we pass through; it is the definition of life.” (Millie Florence) The good Supporters of the change believe that introducing an accessible savings pot can provide salvation for those in financial crises, like the one caused by the Covid pandemic. It will help people to avoid debt and prevent people…
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“If a man is not faithful to his own individuality, he cannot be loyal to anything.” (Claude McKay) Case study 1: Family matters One financial advisor told us about a 68-year-old client who sold his business and worried his children would be ruined by inheriting too much wealth. The advisor created a Family Constitution outlining…
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