Latest news with #SeanGould
BBC News
5 days ago
- Automotive
- BBC News
Shelsley Walsh Hill Climb returns for 120th anniversary
Motorsport is returning to Worcestershire with the 120th annual Hill Climb at Shelsley Walsh - described by an organiser as "Formula 1 up a country lane".The track in the Malvern Hills opened in 1905 and has seen many champions from the sport take on the steep record when it was first staged was 77.6 seconds for the 1,000-yard (914m) run but, 120 years later, it stands at 22.37 Toby Moody said: "There's a lot going on in under half a minute when the car is hitting 150mph twice within that period of time. It is Formula 1 up a country lane. It's that mad." Practice and competition events are being held on the track on Saturday and whether this weekend's event would set a new record, Mr Moody responded: "Absolutely, by the record holding driver, Sean Gould, in a 410kg single-seater kind of smaller-scale Formula 1 car that's got 730 or 740 horsepower, with a big V8 (internal combustion engine) at the back." Mr Moody said the first meeting at the track was on 12 August 1905."The first car didn't even make it up the hill because it's so steep here," he said."It is one in six in places but it was a way for the motor manufacturers in those early times to prove that their cars could even climb a hill, so what better way to do it than have a competition." He claimed the track was the oldest motorsport venue still operating in the world."All the great and the good of motorsport have been here, particularly before the war," he Moody said it was a "huge" event."The first meeting after the war, there were still people queuing to get in at half past four in the afternoon and we had to delay the meeting," he said,"It finished at half past seven in the evening because the country had been bereft of motorsport."We're still going today, so it's juxtaposition of having the modernism of the modern cars against the old backdrop of Worcestershire is fantastic." Follow BBC Hereford & Worcester on BBC Sounds, Facebook, X and Instagram.
Forbes
07-05-2025
- Business
- Forbes
Volatility In The Market: Why It Pays To Plan Ahead
Sean Gould, Partner and Senior Wealth Strategist, Waddell & Associates. getty Market volatility, the degree to which stock prices fluctuate, is a term we hear often. But if it seems like it's been coming up more frequently this year, you're not imagining it. Periods of political transition, like a change in administration, often bring policy uncertainty, which in turn fuels market instability. In response, more discerning investors are seeking assets that provide greater stability and long-term resilience. When it comes to market volatility, higher risk typically goes hand in hand with greater fluctuations. While it's true that taking on more risk can sometimes lead to higher rewards, chasing quick gains for the thrill of it isn't always the most sound financial strategy. A more thoughtful, disciplined approach often yields better long-term outcomes. In today's market, knowing where to invest your savings is essential for navigating volatility and staying on track to meet your financial and personal goals. As a partner and senior wealth strategist at an investment advisory firm based in Memphis and Nashville, Tennessee, I help clients develop a strategic asset allocation plan tailored to both their short- and long-term goals. By segmenting investments into distinct 'buckets,' we align each portion of the portfolio with a specific time horizon and risk tolerance. This approach not only provides clarity and purpose for each investment but also offers a built-in defense against market volatility, helping to ensure that clients have access to stable assets when they need them most while still allowing for long-term growth potential. For long-term investors, the stock market remains one of the most powerful tools for building wealth over time. While equities can be more volatile in the short term, their potential for higher returns makes them a key component of a growth-oriented portfolio. The key is maintaining a long-term perspective—recognizing that market fluctuations are normal and staying invested through the ups and downs can lead to meaningful gains. By embracing a disciplined strategy and aligning equity exposure with your risk tolerance and goals, you can harness the market's growth potential without being derailed by short-term turbulence. In a well-diversified asset allocation strategy, bonds play a critical role, especially for investors with short-term goals. While equities offer long-term growth potential, bonds provide stability, income and downside protection when markets become volatile. Allocating a portion of your portfolio to high-quality fixed-income investments can help preserve capital, generate predictable yield and ensure funds are available when you need them. For long-term investors, incorporating bonds isn't about avoiding risk altogether but balancing it, creating a more resilient portfolio that can weather short-term uncertainty without sacrificing long-term progress. With continued market volatility, now is the time to take a closer look at your investment strategy. While the stock market can offer strong long-term growth, pairing it with the stability of bonds could help create a more balanced and resilient portfolio. The key is finding an asset allocation that aligns with your personal risk tolerance and financial goals—one you can stick with through both calm and turbulent markets. Getting to that ideal mix doesn't have to happen all at once; it's a process of thoughtful adjustments over time to build a portfolio you're confident in, no matter what the market throws your way. Waddell & Associates is an SEC-registered investment adviser. Registration does not imply a certain level of skill or training. The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation. Forbes Finance Council is an invitation-only organization for executives in successful accounting, financial planning and wealth management firms. Do I qualify?
