New Year is traditionally a season of resolutions, planning and, perhaps, looking back, a few regrets. There is hope of a few bargains in the sales – no jostling please – and a desire to avoid errors made in the recent past. After the last mince pie of Christmas, there is a sense of anticipation.

Such seasonal emotions, hopes and fears apply to investments as well as everyday life. What do we see as the errors to avoid, resolutions to make and opportunities to take up in 2015?