Making payments into your pension or ISA can deliver added benefits, as stock markets tend to fluctuate over time. By buying units in your plan every month, it can actually be beneficial when markets fall, as the average cost of the units is lower over time compare to investing all of your cash at once. Consider these two examples which …
Investigating Roulette
In previous Newsletters, we’ve looked at the chances of winning prizes on the UK National Lottery, the “birthday conundrum” and the well-named Gambler’s Fallacy. I’m continually pleased at how many clients give me positive feedback about this column, so thank-you for your kind comments and long may it continue! For this issue, I thought we’d put on our tuxedos, order …
The “Gambler’s Fallacy”
In previous newsletters, Clark & John’s probability whizz-kid Rob Clark, informed us of the actual chances of winning a prize on the UK National Lottery and also entertained readers with a fascinating article on the likelihood of multiple birthdays. For this issue, Rob looks at the “Gambler’s Fallacy”. We hear phrases all the time don’t we, like ….”it’s got a …
Probability
In the first Newsletter, Clark & John’s probability whizz-kid Rob Clark, informed us of the actual chances of winning a prize on the UK National Lottery. The favourable feedback generated by the Lotto article, has prompted Rob to turn his spotlight this time to birthdays. To begin, let me pose a question to you……. “How large should a group of …



