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Market Comment - August '19

August 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

“It doesn’t matter who you vote for, the government always gets in,” is an old anarchist saying. Whatever the government, as investors all we can do is prepare.  The odds of a General Election in the next year are now about evens, and of Jeremy Corbyn being the next Prime Minister are 9/4. Jim Callaghan said: “There are times, perhaps once every 30 years, when there is a sea change in politics. It then does not matter what you say or what you do. There is a shifting in what the public wants and what it approves of.”Back then the “shifting” was to Thatcher. Now it might be to Corbyn. But it shouldn’t be forgotten that it was former Chancellor Philip Hammond who said that tax ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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