Follow the links below for each of this year's Munro Blogs:
How rebalancing helps reduce risk and improve performance.
Who cares what others think - especially about BP?
Each new financial crisis triggers demands for more regulation, but does having more rules make investing any safer? Could it even make it riskier if people are happy to devolve responsibility to someone else?
Managing your own investments has been made much easier as a result of the Internet and discount brokers. But is it really a good use of your time when all you do is increase your risks and don't even match the returns of a tracker.
Dividends, it is generally agreed, are a good thing. Indeed, the majority view is that the more the better. But should they be measured by price or by volume?
March 3rd 2009 marked the bottom of the UK bear market. One year later the FTSE 100 is up 51%. While that is pleasing it is outclassed by the FTSE 250 Index that is up 63% while the FTSE Small Cap is a staggering 69% higher. Have these gains arisen because profits in the constituent companies have risen by that much? Alas no.
In all the outpourings of angst over the global financial crisis there is one group that has suffered more than any other, yet its voice has been drowned out by politicians, the media and taxpayers. It is shareholders in banks that have been the hardest hit by this financial Armageddon.
As a conversation stopper telling someone you are a tracker fund manager is about as good as saying you are a traffic warden. It makes a good excuse to edge closer to the canapés and drinks. But not all tracker funds are the same.
View all the Munro Fund blogs for 2009