REMINDER: Last call for pre-registration for the Webinar Thursday 30th November 10am Pre-registration link is here: https://event.on24.com/wcc/r/4415548/1FE19490B28856477CC82CC544A090D0 N.B. The webinar will be recorded, so if you cannot attend but.
Read moreMonday Musings 08/02/2021
The Plot-kin continues. Last week I wrote about the amazing way in which a group of small investors had moved the price of shares in GameStop. As you may have expected the share price collapsed 80% last week form $325 on Monday to $63.77 on Friday. The biggest scalp was of course Mr Plotkin, -he of the Melvin hedge fund, – who had to organise a $2.7 billon bail out. Mind you another hedge fund, called Senvest built a 5% stake at $10.00 a share and sold on the 27th and pocketed a $700 million profit. At the end of the day in is inevitable that the big boys outwit the small players. I guess it is no different to a team of Sunday footballers playing against a premier league team, you will get the occasional upset but in the end money counts.
As we are approaching the end of the tax year, I will be reminding you all to maximise your ISA investments and to look at your pension contributions. If you need some guidance on these two, please get in touch.
So, to the markets
I had a strange encounter on Facebook this week (sounds silly, bear with me…). A new mum put a post up on a local group asking for help. She said.
Read moreAs I’m sure is the case for you, I’ve been watching the coverage of the Israel – Hamas war with horror. The loss of innocent civilian lives, the impact of.
Read more