The twists and turns of Brexit are of course going to remain omnipresent in the media.
However, as investors we need to be careful about overstating the importance of Brexit with regards to investor returns.
The reality is that the UK economy is simply not that important to the world’s capital markets.
The UK economy occupies about 3-4% of the world’s economy.
And with regards to the world’s capital markets, most of the influence, remember, or most of the direction is set by the US economy.
That rule applies also for the UK’s capital markets.
So, even for those investors constrained to the UK, remember that actually the UK economy is probably a little bit less important than many are currently arguing with regards to the FTSE.
An important point to remember for investors though, is that Brexit and all the other various idiosyncratic events going on around the world, they’re a good argument really for not putting your eggs in one basket.
To make sure that your investments are diversified well across the world and across different sectors to that end, your exposure to various and pretty unpredictable political events will be minimised.