Archive for July, 2014

Investors face Scotland exit risk unprotected as ‘Yes’ win seems unlikely

Less than two months before Scotland’s vote on independence, investors in financial markets seem largely unmoved, as the complexity, the costs and expectations of interest rate rises discourage taking action against a possible victory for the ‘Yes’ side.

“Investors are completely not positioning themselves for the potential of a vote in favour of independence,” said Insight Investment’s head of currency Paul Lambert, speaking to Reuters.

The ‘No’ voters are ahead by about 20 points, excluding the undecided, which seems to be enough to convince many investors that anything else is too remote a possibility to worry about. Bookmakers too consider a ‘No’ vote as highly likely, offering odds of just 1/8.

Morgan Stanley’s strategy team has been rare among banks to put a figure on the chances of a ‘Yes’ vote – 25%, ascertaining that sterling and UK government bonds would come under some pressure if Scottish leader Alex Salmond’s nationalists won the vote, while Citi advised clients to try to offset any potential losses by buying credit default swaps on UK government bonds.

A Yes vote would have huge implication to Scotland as they wouldn’t have a currency , a lender of last resort and membership to the European Union is highly doubtful . £ would loose 10% of its value if the Yes would win .

Still over 6 weeks to go and a lot can happen .

The worst thing I can be is the same as everybody else. I hate that. Arnold Schwarzenegger

Very me .


Success is not final, failure is not fatal: it is the courage to continue that counts. Winston Churchill


Success is often achieved by those who don’t know that failure is inevitable.” – Coco Chanel

Success is often achieved by those who don’t know that failure is inevitable.” – Coco Chanel

Positive mental attitude , hard work and a focus on the goal .

Millennial missed huge returns in stock market and could affect their future

Greed and fear moves the equity market more than any other market in my opinion, stock market is up 17% in a year. Remember in 2009 and everyone thought the world was going to end. The market is up a massive 197% since the March 2009 low.

It’s not timing in the market that delivers a return. It is time in the market.

Warren Buffett said it best:

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

What I have seen is a lot of individuals under the age of 32 haven’t participated in this rally and this could have serious consequences for their financial futures.

There is a mind-set amongst the millennial. Uncomfortable with choosing the stock market as their preferred method of investing they have the same attitude as their grandparents, risk averse.

The most preferred investment for millennial is cash, which is crazy in an era with inflation and low yield it could possibly be the worst in true return.

Millennial are not investing, they don’t have the pensions that their parents had and have a bigger burden of accumulating wealth on their own for their retirement needs. Particularly in an era where life expectancies are getting long, health care costs are going up, so they have a bigger financial outlay but are saving less.

This is an interesting trend I see in the market place that the generation that will have the largest financial burden are saving the least.

Tony Evans



The meaning of life is not simply to exist, to survive, but to move ahead, to go up, to achieve, to conquer.

A very British mantra ,


The only disability in life is a bad attitude .


Success is never owned it is rented , and the rent is due every day .


“I have the simplest tastes. I am always satisfied with the best.”

My sentiment exactly .


Yesterday you said tomorrow ,

A saying so many people say ,

Tomorrow tomorrow never comes in most instance ,











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