BY BARRY MENDEL, EXECUTIVE CHAIRMAN
You may recall our newsletter “A Paradigm Shift” sent to you in April 2018. It is on our website (BMF Newsletter Link) together with other articles we have written over the past year.
Some nine months later, and looking back, we see how relevant our comments were back then. For example, we suggested some of the following:
In summary, we look back over the 2018 Calendar Year to see how the world equity markets have performed and the results are as follows.
Our clients’ portfolios have outperformed the above. This has been achieved as we have taken an active effort to lessen your overall risk and to ensure that your asset allocation is more defensive. Whilst we admit that a few of our alternative strategic investments have been disappointing, we are still confident in them and expect a recovery in 2019.
So where do we go for the 2019 year? Firstly, we once again reiterate that we take a 5 to 7 year strategic outlook so the results for a year or two when isolated are not that critical. If we look back over the past 5 to 7 years, our clients have done well.
Nevertheless, we believe the following investment strategies will still be important for 2019.
The above are some of the strategies we believe in. Importantly, portfolios need to have the correct asset allocation, the correct asset mix and the right balances between the asset classes and within the asset classes.
We will be attending two major international investment conferences in March and May, as well as meeting with International Banks, Economists, Investment Advisers, Investment Strategists, Fund Managers and the like and once again we will bring back new ideas to our clients as we have done successfully for many years.
We, at Team BMF Wealth, wish you all a healthy and prosperous 2019 and we really appreciate our relationship with all our clients and thank you for trusting us in managing your wealth with you.
Barry Mendel, Jill Nes, Brad Mendel & Justin Gaywood