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The best stocks to buy since 1993

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Market Comment

March 2006

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.

 Do the institutional pension funds give any clues as to how you should be structuring your portfolio?In the 1990s pension funds bought equities and turned their backs onbonds. This was despite the fact that there were not just goodliability-matching reasons for buying bonds but also because theinvestment case for bonds in a disinflationary environment was obviouseven without with the benefit of hindsight.  The attractions ofbonds were overlooked, and they outperformed equities for much of thedecade.  Commercial property also looked increasingly attractive in thatdisinflationary environment. Again this asset class, largely overlookedby pension funds, had a great run.This crazy lack of diversification b ...

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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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