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Market Comment - October '14

October 2014

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.

As the markets get jittery it is time to reflect.When most grown ups refer to “behavioural problems” they normally have in mind their dogs or children. Yet those same people have no sense that the biggest barrier to improving their investment prowess is not superior knowledge or skills or volume of information – it is overcoming inherent behavioural problems.This is not new. In 1912, in “Psychology Of The Stock Market” it was said, “Wonderful as is the development of the human brain, it originated as an enlarged ganglion, and its first response is still that of the ganglion.”Apparently ganglion cells aid in the release of hormones, playing an important role in the human body&r ...

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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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