Stability is good. Markets like that. And the U.K. is cheap. But Labour have a long record of producing negative real returns for the U.K. stock market during their periods in power. You could even argue that the malaise in the market today is in part a function of Gordon Brown's pension taxation and capital gains tax policies. So don't get too excited... https://lnkd.in/e88axn83
whenever you hear calls for higher taxes, money should run for the hills
OK Merryn, I am not going to get too excited; still, that's preferable to feeling waves of despair!
Don't invest heavily in the UK. Simples.
I'll keep this in mind
At least it'll keep CGT bills down!!
Former fund manager , non-executive director, freelance financial writer, assisting good causes
1hMarkets don’t perform better under the Conservatives than under Labour but every Labour government in 100 years has devalued sterling