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Market Comment - January '24

January 2024

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.

The financial services industry excels at selling the dream, and there has been a lot of that in the last few weeks. At this time of year, it is pushing at an open door, as investors have a well-established tendency to be seasonably optimistic. The “My Predictions For 2024” headlines have juiced the excitement, and a number of measures of investor confidence, particularly in the hugely over-valued US, are exceeding even the elevated levels at the peak for various indices in late 2021. In the perpetually and hugely complex environment for investing, such predictions are mostly pointless, beyond generating a headline and keeping the pot boiling for the investment industry. For our part, we try to provide balance. We seek to uncover ...

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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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