2017 have been a year of UK FTSE high volatility for many reputable companies with big cap like Dixons, Provident Financials, Next, Pearson, Carllion and BT. These dramas have been mainly cascaded from the outcome of Brexit, high inflation, value of pounds and personal credit. On the media, the UK economy is doing well from the FTSE100 performance yet many companies have lost their market value. I strongly believe the FTSE100 is artificial and not giving the actual guidance on the actual UK economy reflection post Brexit. These are my recommendation for safe investors in this turbulent period.
Historically a financial crash have destroyed national economy, companies and families. Most countries takes years or decades to recover and some do not. We have seen some of the largest companies in the world go into bankruptcy. Families have been affected and some even take their own lives. Yes, it is really a gloomy fact which non of us wants to go through. When should we prepare for a financial crash as an personal investor in stocks and shares? Answer: We must always be prepared for the worse!
I am in my mid 30s with comfortable level savings, steady outgoings, credit card debts are under control, matured career, afford to travel a couple times a year and not into any more gadgets or expensive gear. Some at 36 have kids and others are still single. But the common ground for both mid 30s is comfortable level of savings. How do I invest for growth? Is it too late to take a little risk? Continue reading “How to invest and become a millionaire? (Mid-30s)”
The cost of oil may have surface above the break even point for oil operators to marginally profit compared to 18 months ago. Exploration, discoveries and projects may have almost halted for the past 24-30 months for all the major and small cap oil companies. Capital expenditure have been significantly reduce and focus on major cost reduction and company structure to a more leaner approach. It is clear that most of the currently operated assets are in its mature stages and moving onto the declining stages with very minimal shutdown for maintenance to meet their end of year expected performance output to keep shareholders and investors happy.
In 1995, Hollywood released a movie called Hackers which created a cult following culture for rebellious techo geeks to get attention from hard working sensible adults. Hacking today can be very damaging to large corporation where years of hard earned reputation can be demolish in matter of days. When the British telecom company ‘TALKTALK’ got hacked, 157,000 customer data was stolen and the companies lost approximately £60m worth in customers, sales, compensation and damages. When ‘SONY’ playstation network got multipled-hacked scandal and almost 4 weeks of lost operations, the company lost up to $171m worth of damages. No one understands how much damage are expected for WPP during the June 2017 hacking scandals. -Read More