The undeniable truth about DFM costs

The old expression ‘may you live in interesting times’ sounds like an attractive proposition at first. Until you actually live through one. Then you remember the saying was originally intended as a curse.

The genius of the most intelligent wealth creating machine ever invented in the history of mankind, aka the global equity market, confounded us all yet again. 

Twenty-four hours a day, you can place a bet on anything from the number of throw-ins in a football match to the colour of the Queen’s hat at Ascot. But there’s a problem - most of us aren’t very good at it.

If you have a sizeable proportion of your retirement savings invested in value stocks, it probably hasn’t escaped your notice that they’ve been on a bad run.