The Monthly Update

Welcome to The Monthly Update for October

The October fest has passed. And?the long-awaited Budget arrives.

Bloomsbury Wealth YouTube channel

Have you visited our YouTube channel this month??Here are?our latest videos.

There’s a common misconception that good financial advice is all about recommending the right products. Of course, that’s part of it. But there’s far more to it than that.?Watch the video on the Bloomsbury Wealth YouTube channel. [3:18?video].

Private equity used to be an asset class for institutional and very wealthy private investors.? Increasingly, though, ordinary investors are seeking exposure to it as well. But how much risk are they taking??Watch the video on the Bloomsbury Wealth YouTube channel. [4:30?video]

October?catch-up Catch up on the month's insight?on The Financial Bodyguard blog...

The importance of rebalancing:?

Rebalancing is the practice of realigning the components of a portfolio of investments back to a target allocation from which it has drifted away. ?Naturally, the process is contrarian and results in selling the things that have done well and buying more of what has done less well. ?

To some, this may feel painful but it is good practice and sensible behaviour that we implement for all our clients’ portfolios.?[2?min read]

What did the Budget bring us?:?

This week’s Budget was not as onerous from a tax perspective as many feared, although changes were made to capital gains tax, inheritance tax allowances and, from April 2027, the tax treatment of pensions on death.?Our full summary can be found here.??[4?min read]

See you all at the end of this month.