In the seventh episode of our Inside Track series, we put the questions to Stuart Rhodes, fund manager of the M&G Global Dividend fund.
A leading barrister has warned financial abuse is becoming a more “prevalent problem” and that among the most vulnerable are those diagnosed with dementia.
There’s little change in our top 10 most popular fund league tables, with investors continuing to either focus their sights on fund managers with solid reputations or instead go down the passive fund route.
It is well documented that when it comes to personal finances, the millennial generation (to which I belong) are worse off than their parents. However, some older readers of the babyboomer generation may vehemently disagree and point out they were simply shrewder savers. They also faced the challenges of interest rates hitting double-digit territory in 1988 and remaining at such levels until late 1992; moreover, over the past decade savings rates have been cut to the bone.
Neil Woodford has lost the support of two big supporters after his move to block investors from accessing their cash earlier this week.
In a move that has rocked the fund management industry, Woodford opted to close the doors of his main fund - Woodford Equity Income - in order to give himself “time and space” to raise money to fund investor redemptions.
When it comes to pensions, politicians love to meddle. For the most part, the two biggest reforms that have taken place over the past decade have been positive – auto-enrolment and the pension freedoms. The former has led to over 10 million individuals making provisions for retirement in workplace pensions, while the latter has given retirees far greater control over how they access and utilise their life savings.
There are various ways whereby self-directed investors can tilt the odds of stockmarket success in their favour. Three sensible rules as a starting point are to invest for the long term, drip-feed money into the market to benefit from pound-cost averaging, and keep a close eye on charges for both the funds held and the broker fee that is also levied.
There are various tips and tricks investors can use to their advantage to improve the odds of stockmarket success, many of which we have highlighted in our DIY Investor Toolkit series aimed at beginner investors.