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.
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)”
Back in the 1988, my dad had to set an appointment to gather advice from his bank manager whom could access a fund manager to get an agreement organise to invest in his funds. Shares and index were not easily accessible in the country of residence. In those days these funds were about 10-15% charges. I told my dad to sack his bank manager fifteen years later. -Read More
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.
How long is a long term investment? 3, 5, 7, 10, 20, 30, 40 years? Every time I ask a friend the answer varies from 3 to 40 years. Then I would ask, how long do you want your marriage or relationship to last? All would reply Forever of course! If one person can keep an investment FOREVER, he or she will be rich and happy. Providing nothing tragic happens of course….. -Read More