Opinion - Articles

(Bit)coin toss

02/25/2021

Digital gold or "index for money laundering"? Fiat currency hedge or irrational mania? Bitcoin divides opinion more than most, but the bulls are in the ascendency at present and the 12-year old cryptocurrency is gathering many new followers as a result.

"Have you ever seen a child standing at the edge of a swimming pool?" The child is willing to jump in but also fears to take the plunge. It is often the same with novice investors.

After years of sustained poor performance, both in absolute terms and relative to global equities, the UK is poised for a revival and presents an excellent opportunity for investors. The end of a long period of political uncertainty for the UK, and the aligning of an exceptionally favourable combination of prospects and valuation metrics, has given...

It looks like a scenario for a Marvel movie: an anonymous inventor developing an uncontrollable virtual currency. But bitcoin is not fiction. Half the world is under the spell of bitcoin - simply explained, a kind of computer code to which a certain value is attached.

In a universe of over 20,000 funds, how do expatriate investors sort the good from the bad? There are never any guarantees, but Morningstar ratings together with S&P management ratings can help! For these ratings, all funds are scrutinised by Morningstar and S&P on past performance (a five-year period is examined, not the less reliable one-year...

The offshore financial services industry is great at making you feel good while ripping you off. They're also great at confusing you so much that you can't even figure out how badly you're getting ripped off. To make smart financial decisions, you need to realise how your "salesman" is getting paid and how his pay structure may affect the "advice"...

If you are an expatriate, there is a good chance someone will already have tried to sell you an offshore portfolio bond as a vehicle for saving for old age. If not, expect to be approached sooner rather than later and be very wary - this multi-billion-pound industry generates lucrative commissions for financial salesmen specialising in...

Financial advice for expatriates is not hard to find. If you are a professional working internationally, we expect you have had some interaction with an offshore financial salesman in your career. Regrettably, the industry is rife with mis-selling, unsuitable advice and exploitative practices.

We are committed to helping expatriate victims of pension and investment scams and negligence. Financial salespeople have severely compromised the integrity of the offshore financial services industry. We have seen the abject misery and financial ruin caused by financial 'mis-selling'. This ongoing scamming spree has ruined thousands of lives till...