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North Devon's Leading Wealth Managers

  • Home
  • About Us
    • Company background
    • Our Mission Statement
    • Chartered Financial Planners
    • Our Team
    • Charitable Foundation
  • Services
    • Financial Planning
    • Discretionary Wealth Management
    • Portfolio & Benchmark Returns
    • Retirement Planning
    • Taxation & Accountancy
    • Mortgages
    • Probate and Estate Administration
    • Will Writing & Executorship Service
    • Business Financial Planning
    • Trusts & Estate Planning
    • LPOA
    • Claims Management
    • Documents
  • News
    • Philip's Comments
    • Weekly Columns
    • Newsletters
  • Our Charges
  • Careers
  • Contact Us

  • 26th July 2025 26th July 2025 By Philip J Milton & Company Plc
  • Philip's Comments

‘Unexpected’ inflation really wasn’t


So we have been greeted with an ‘unexpected’ 3.6% inflation and unemployment rising at the same time that vacancies are diminishing (the lowest since Covid). Anyone reading these eshots and realising the increases in costs on employers would not have seen these two things as ‘unexpected’ at all.  Indeed, perhaps the Government should subscribe to...

  • 15th June 2024 15th June 2024 By Philip J Milton & Company Plc
  • Philip's Comments

Market rises and speculation


So I was premature last time – Nvidia is now ‘worth’ more than Apple. Are the lunatics running the asylum, as speculative fervour has truly taken hold... there we are – the psychology of markets – I mean the masses? That’s not ‘investment’ – it’s sheer speculation, flows of money and the fear of...

  • 7th June 2024 7th June 2024 By Philip J Milton & Company Plc
  • Philip's Comments

The politics of investment?


So the Dow Jones pushed up again, breaching 40,000 and almost double its March 2020 pandemic low. At the depth of the financial crisis in 2009, it was 7,062. Still, you know my sentiments in the short-term here... what possibly could go wrong over there? How are investments similar to politics? Well, here’s one. Over the...

  • 25th March 2024 25th March 2024 By Philip J Milton & Company Plc
  • Philip's Comments

Sterling efforts in some quarters


It hasn’t been noted prominently anywhere but despite recent slippage, Sterling had been quietly moving forwards. It has been at the highest against the US Dollar since July last year; a few more cents and it will be the highest since April 2022. It even pushed higher against the Euro too, its highest since...

  • 19th December 2023 28th December 2023 By Philip J Milton & Company Plc
  • Philip's Comments

Encouraging end to a volatile 2023


Well, a nice Christmas Present of buoyant markets and some grand increases for several of our core holdings. Indeed, even today at the time of writing, of the FTSE350, of the major movers upwards to greet the morning, we have 11 of the strongest 12 – that must be a record for us... there...

  • 6th December 2023 5th February 2024 By Philip J Milton & Company Plc
  • Weekly Columns

Keep your powder dry and let the worm turn


As a Firm we send out regular newsletters to our clients to keep them up to date with global markets, world events and of course how ‘we’ (and they) are doing in terms of their investments. So this week we wanted to share just a little of our November newsletter to highlight the importance of...

  • 12th November 2023 12th November 2023 By Philip J Milton & Company Plc
  • Philip's Comments

Autumn market musings


I am going to be signing-off for a few weeks now for a much-needed proper break, (excluding Christmas) the first since July last year, so am completing an eshot just before I disappear. Of course I shall be keeping more than a wary eye on things and especially the markets (the joys of global internet...

  • 5th October 2023 5th October 2023 By Philip J Milton & Company Plc
  • Philip's Comments

Negative markets but a good PJM average


The 15th anniversary of Lehmans’ collapse passed on 15 September. Aren’t memories short – the world’s whole financial system could have imploded (and really Lehmans shouldn’t have been allowed to go - and liquidity could have been used - its demise exacerbated the problems). The financial downturn was the worst since the Great Depression....

  • 1st September 2023 1st September 2023 By Philip J Milton & Company Plc
  • Philip's Comments

Should you follow the trends?


Well, more encouraging inflation figures from shop price rises buoyed our market after the Bank Holiday. That said, who noticed that up till then, the global markets had retracted by 5% ($3trillion) in the month (the calculated losses from the S&P500, China’s CSI300 and Europe’s Stoxx600). This was affected by China and its banks’ distress...

  • 23rd August 2023 23rd August 2023 By Philip J Milton & Company Plc
  • Philip's Comments

Is inflation deflating? And is your adviser clued up?


Inflation is coming-down – only 6.8% and for the first time since 2021, lower than the increase in average pay (including bonuses etc). Food inflation is dropping even faster. Some of the reasons are ‘pigs in pythons’ – when a big increase a year ago drops-out of the figures. The next big hit will be...
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Recent Posts
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  • Trump/Musk split but record wealth levels for us
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Risk Warning

The Financial Conduct Authority does not regulate some areas mentioned on our web site including: Business Buy to Let Mortgages, Taxation & Accountancy, Probate Administration and Will Writing.

 

Stockmarket investments can offer income through the payment of dividends and interest and good opportunities for capital appreciation over the longer term. By this, generally we mean periods in excess of five years, preferably much longer. However, we can never promise you particular returns, especially in the short-term. At any point in time but especially in the short term, your capital could be worth less than the original amount invested as some of the selected holdings may fall in value, regardless of expectations at the time of acquisition. We may also invest in funds that hold overseas securities. The value of these investments may increase or decrease as a result of changes in currency exchange rates. Returns achieved in the past cannot be relied upon to be repeated.

 

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Philip J Milton & Company Plc

Choweree House, 21 Boutport Street, Barnstaple, Devon, EX31 1RP

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