May was an enjoyable month. I kept reasonably busy, as well as doing a bit of travel around the UK. I visited King Charles’ Poundbury for the first time, as well as the south coast and the Cotswolds for a weekend. Meanwhile, the news has been dominated by Trump’s Iran war, and in the UK Labour’s leadership dramas – now heightened with a forced by-election (“the most consequential in British history”) in Makerfield. Markets in May Tech stocks did well in May – both in the USA and in Asia (where silicon stocks are flying). My ‘international’ benchmark is half Asia/Pac and half Europe; Asia/Pac was up over 10%, while Europe rose ‘only’ 4%. Poor old tech-less UK and Australia equities rose only 0.7% and 0.4% respectively, though at least their bonds provided some consolation. My portfolio buys a property As I mentioned last month, I have been helping to complete on a property transaction – which went through in late May. I now co-own another property, sigh. I had expected to borrow around…
No comments yet. Log in to reply on the Fediverse. Comments will appear here.