Lexington Times (June 2024)

The Market Doesn’t Care Who’s in Power

Boris Johnson. Liz Truss. Rishi Sunak. Three UK Prime Ministers in three months. Add to this the succession to the throne of King Charles in September, and there’s been more than enough change for anyone’s liking.
While this may cause concern for those who would prefer their ruling party to be a beacon of stability in an otherwise uncertain world, it may not have the financial consequences some are concerned about.

A Constant Chain of Surprises

Experienced investors know that uncertainty is a constant companion. While the human mind craves certainty, there is, unfortunately, none to be found in investment markets.
Yes, history being our guide, we believe that the stock market (companies and businesses we use daily) will reward patient investors who remain disciplined, but there are no guarantees (or facts) about the future.

The Stock Markets

(Updated June 2024)

The key benchmark you should care about is achieving all of your financial and life goals and not running out of money.

The Unimportant Numbers – 1 Month

Monthly figures are a distraction from your long-term goals, we’ll help you avoid the noise.

The Important Numbers – 30 Years

Investing in the Great Companies of the World has produced life-changing returns for the disciplined and patient investor.

Inflation – The Real Enemy (Updated June 2024)

The number one enemy of the long-term investor is the financial dragon called inflation (the silent but steady increase of prices over time).

The only sane definition of money is purchasing power, and over the last 30 years, inflation in the UK has almost halved the value of your money.

But an investment in the global share market has consistently provided protection from this enemy.

RATIONAL OPTIMISM

The media is not a friend of the disciplined and patient investor. Whether it’s on TV, Print or Online, the media prefers to focus on short-term returns, market predictions, and negative news. Which is not suitable for a long-term investor.

Below are the stories, podcasts, and images which we wanted to share with you this month, which are uplifting, interesting and informative.

These links below will take you to articles on other websites.

Positive News

We present the following as an antidote to the onslaught of negative news.

Further Reading

Here are some articles you may find interesting this month.

Listen & Watch

A Picture is worth 1000 Words

  • ​The Growth of a $1,000 Equity Investment, by Stock Market​
    This graphic shows the change in value of a $1,000 investment in various leading equity indexes from around the world. This data was sourced from Investing.com, and covers a five-year period from April 2019 to April 2024.
  • ​Top 6 Economies by Share of Global GDP (1980-2024)​
    Over time, the distribution of global GDP among the world’s largest economies has shifted dynamically, reflecting changes in economic policies, technological advancements, and demographic trends. See how this has played out in recent decades, in a visualized chart.
  • ​Life Expectancy by Region (1950-2050F)
    Average life expectancy at birth is projected to surpass 80 years in most global regions by 2050, according to the UN World Population Prospects 2022. This infographic illustrates the trajectory of life expectancy at birth for both sexes, comparing data from 1950 and 2000 with the organization’s projections for the year 2050.