Entries by Philip J Milton & Company Plc
What is it we actually do?
Some industries appear shrouded in mystery to the public at large and ‘what is it you actually do?’ is a common question we hear as a chartered wealth management company – as no doubt do many others in various professions.
We offer various services, but the biggest by some margin is looking after the wealth...
Blue Planet Investment Trust letter – don’t worry
A number of clients have received an astonishing letter from Blue Planet Investment Trust today. I wanted to assure clients that they have to do nothing as a consequence of its receipt but I shall be sending a full letter to everyone next week. There is absolutely no ‘urgency’ to do anything and all...
Happy 70 years on the throne Your Majesty!
Before anything else, have a great Bank Holiday weekend! It is brilliant to recognise that today (Thursday, June 2) is the 69th anniversary of the Queen’s Coronation (70 years on the throne). Well done Ma’am!Never in history has anyone been more successful in travel, communication, business and political leadership and held such role for...
Happy 70th anniversary Your Majesty
The nation will be celebrating the Platinum Jubilee of Queen Elizabeth II from tomorrow (Thursday) with a four-day bank holiday weekend so we thought it might be interesting to compare the financial situation in the 70 years between then and now.
Her Majesty actually ascended the throne on 6 February 1952 but did not wish...
Tech worm takes a bite of Apple as market volatility continues
Downside volatility continues and the biggest and previously brightest names are the most afflicted. Apple has fallen and now overtaken again by Saudi Arabia’s Aramco Oil as the biggest global company (and its profits surged over 80% in the last quarter).Perhaps Apple and its owners are being reminded of Sir Isaac Newton’s gravity lessons....
Wobbling markets and avoid the inheritance trap
The markets are deciding to have yet another wobble. The tech-based Nasdaq is now down 25% from its high and all those relying upon its major components for their cheap global tracker funds are beginning to realise that that’s not such a good idea after all when ‘all’ the tech stocks unravel so significantly...
High tide for overinflated tech bubble?
I shall make a prediction now. Elon Musk’s bid for Twitter may well be looked-back-upon as the pinnacle of the excesses of the ‘tech’ bubble (and after the Nasdaq indices have suffered their worst ever month). Of course, as usual it will only be time which tells but we are still enjoying seriously cheap...
It’s never too late – until it is
Sadly, we all die. Some leave their financial affairs in an organised state, but most don’t and some are in an atrocious condition.
This causes awful troubles and stresses for their nearest and dearest and if the wrong sort of professional executor is engaged, it can cost an arm and a leg to resolve...
Shocking decisions, market musings and some passion
So what on earth did Barclays do… It sold $15billion more of an investment product than the US SEC had authorised. So it had to cancel some and as a consequence, it cost the Bank £450million.Not unsurprisingly, but the share price has been hit and confidence shattered – who on earth was monitoring this? It...