MRM’s five investment crackers for Christmas – and beyond: Richard Philbin
It’s that time of the year again; time to search for presents for loved ones, which in my house means buying untold amounts of plastic crap for a four-year-old while recycling her gifts from years gone by for her little sister (sounds harsh but honestly, its ok, the littlest one is still in the “put every toy in my mouth to see if its food” phase)
Presents are clearly awesome and I would never not buy said plastic crap for the kids, but, for those thinking more long-term, us here at MRM HQ thought there might be some better stuff to buy for the kids (and adults too) by thinking about the exciting world of investments.
Now, I’m not for a minute suggesting anyone cancels the bike they were going to buy as a gift for little Tommy and opts for a share certificate instead. Tommy, for one, would probably not be too happy about that. But rather than spend every hard-earned penny buying eighteen tons of Lego, we have put together some potential investments for junior ISAs, or just plain ISAs, which might make a decent return over the longer term.
Investment expert and inveterate gambler that I am, the decision was made to cast the net a bit wider than myself when it came to the actual investments which show promise for the coming year (plus I basically just own a load of uber high-risk tech stocks). So over the course of the next five days, a series of experts who are far more learned than me will be giving their tips for “alternative” Christmas presents.
Day 4:
Richard Philbin, chief investment officer, Wellian Investment Solutions – UK equities
There’s an argument that UK equities might perform well next year. The UK has been under increasing pressure from Brexit, manifesting itself predominantly in weaker sterling, and that means the country’s equity market has been overlooked versus peers.
“Even though the economy is slowing, for domestic investors, there is no impact from the currency, and UK equities might actually look attractive to overseas investors because they can now access our market more cheaply.
“The currency could also provide one other boost; M&A. The UK continues to offer exposure to international markets via the companies listed here, particualarly via the names in the FTSE 100, and we could well see further bid activity in the coming year.”
Click here to read more Christmas crackers.