It’s good to be thrifty and prepare for the worst. Remember the ‘credit crunch’ when food prices soared and petrol prices nearly hit 1.50 a litre? According to an economist at RBS (yes, the bank that messed up that we had to bail out) another stock market crash is coming in 2016. (more…)
If you have been following my finance posts you will know I started investing on the stock exchange a few years ago. I see it as an education, I’m still learning. Yesterday, was an interesting day just before the market closed there was news of an oil strike that sent shares in Solo Oil soaring. (more…)
Scotland said no to independence yesterday, but in the run up to the vote many investors were selling on the London Stock Market. This was an opportunity to buy, if you were brave enough. Now the panic is over, those shares are going up. (more…)
If you are not familiar with multi-bagger investments, it simply means the value of your investment goes up by multiples of what you originally paid for it. This is a far cry from the 1.5% per year that banks offer on some accounts (including the bonus!). (more…)
If you’re considering investing in a particular sector or company, it might be worth looking at related sectors or companies. For example, if you think an oil company is a good investment, look at who is supplying them and what they use to drill for oil. I thought graphene might be a good investment for that reason. (more…)
There has been a lot of talk about ‘recovery’ in the UK ever since the financial crisis began, but have there been any real signs of recovery? Apart from the rich in London buying multi million pound homes. The deficit is falling? That just means they are borrowing less than last year, the debt continues to rise. (more…)
A lot of shares seem cheap now as we appear to be coming out of a recession. Taylor Wimpey shares have been rising steadily since 2008, but are still a fraction of what they were in 2007. They could return to the highs of over £4.00 a share as the economy recovers. I think there is a housing shortage and they are in a good position to do the building, if the government gets it’s act together.
Buying in a bear market
When there are more sellers than buyers in the market, traders call it a bear market and when the buyers outnumber the sellers, they call it a bull market. This appears to be a bear market; but the government is buying back it’s bonds by ‘printing’ money. What will the financial institutions do with the new money they get from selling bonds? I think they are buying shares in the markets again but being very selective. I have bought shares in another company that is making a loss; the Royal Bank of Scotland Group.