Worldwide Financial Planning

Amazingly, BOMAD is now the 9th biggest mortgage lender in the UK and helps fund 26% of all UK proper transactions. It is no surprise that over 60% of those under 35 seek help from friends and family to help get on that property ladder.

This week volatility has remained, with fears of a trade war being replaced with fears of an actual war.

I’ve heard many statements regarding markets ‘going’ up, or ‘going’ down. As we’ve mentioned before, that can often lead to knee-jerk reactions where you jump a queue at completely the wrong time, and indeed this was covered in the last quarter for the same reason.

There has been significant volatility this week, mainly caused by the on-going off-again relationship between China and the US.

The difference in fund performance is often lots more than 1%, and if you remember, we recently covered the impact of choosing the best, or worst pension fund over just a twenty-year period. The difference between the top and bottom fund was over £469,000.

This week we saw more of the market jitters that have been with us since the start of the year.

While nothing fundamental has happened yet, fears that something will keep growing, as the list of potential downturn triggers keeps getting longer.