"The markets are up, but its just the calm before the storm" - that was the view of the fortnightly seminar in the Tannochbrae Inn on Monday. Moneybox Man is 20% cash, and he yearns for the markets to fall so that he can get it invested. He takes little comfort in the fact that the £12,000 he put into James Anderson's Scottish Mortgage and Sue Rippingale's Scottish Oriental, exactly a month ago, is now worth £13,954. This investment, however, did win him a bottle of Scotch for best pick-of-the-year so far, very prettily presented by Miss Muddled, Middlesex.
Several seminar members, including the entire Bank of England Monetary Policy Committee, gave Bewitched, Beckenham advice on how to invest the remainder of her portfolio cash once she has subscribed to ISAs for his year and next year. The answer is to open a
dealing account on line at Alliance Trust, and put the money in by debit card.
When to buy? That's the question!
No comments:
Post a Comment