The Gold Blog

Early evening on the April 14th 1912 and a passenger on the first class deck of the Titanic would be, no doubt, enjoying the opulence of their surroundings, and the wealth that the British Empire had created. More recently, the “Celtic Tiger” has created new wealth in Ireland so that one can now enjoy a […]

Psychological research shows that people are systematically biased in their assessments of future
events; not only will the future be good, it will be especially good for oneself in particular.
All investors should have an understanding of risk based on an analysis of both their capacity for risk and their willingness to accept risk.

Equity and Bond investments relative value
Equities (as at 31/3/2008)

Equities

Level

Change YTD

Div Yield

P/E

ISEQ

6153

-11.3%

3.3%

7.0

FTSE100

5693

-11.8%

4.3%

11.4

S&P 500

1315

-10.4%

2.3%

19.9

EuroStoxx 50

3030

-17.8%

4.5%

10.3

Nikkei 225

12800

-16.3%

1.7%

14.2

Source: Dolmen Securities Ltd

Are equities cheap?
The P/E ratio of equity markets should be an indicator of fair market value.

It is becoming clear that investors are currently paralysed by fear and finding it difficult to make rational decisions in the face of unprecedented turmoil in international markets.
In this article, I will attempt to explore some of the issues that investors should be considering in the light of recent market volatility as shown below:

Index

Year to […]

Mark Twain said; “Buy land, they’re not making any more of it”
One question I am repeatedly asked is this: “which is a better investment, Property or the Stockmarket”.
As with so many things in life, the answer is “it depends”.
I have to agree with Mark Twain’s observation. Land is a finite resource, and we live on […]