“If I have learned anything in my 52 years in this marvellous field, it is that, for a given individual or institution, the emotions of investing have destroyed far more potential investment returns that the economics of investing have ever dreamed of destroying.”

John C. Bogle, Founder of the Vanguard Group

Continue Reading

“Human capital should be treated like any other asset class; it has its own risk and return properties and its own correlation with other financial asset classes.”  

Ibbotson, Milevsky, Chen and Zhu (2007)

Continue Reading

“I’m £90,000 better off in 1 year with Millen Capital”*

Continue Reading

“Democracy is the worst form of government, except for all the others.” Churchill

Continue Reading

 “You may deride my awkward pace, but slow and steady wins the race”

Robert Lloyds – The Hare and Tortoise, 1757. A Fable.

Continue Reading

‘Short of attacking them with flame-throwers, or impaling them on stakes,
it is hard to know what else the Bank and the government can throw at landlords.’

Daily Telegraph, 31st March 2016

Continue Reading

With the UK’s referendum vote on whether or not to remain in the EU almost upon us, this note looks at the impact that BREXIT could potentially have on client portfolios.

Continue Reading

If you could invest in an ISA for your kids or grandchildren in only 15 mins, would you do it? Continue Reading

It is all too easy to get overly concerned about falls in the equity markets from previous highs.  As humans, we are hard-wired to be concerned about recent events and feel losses keenly.

Continue Reading