I have read extracts of the book, but remember it well from the time it happened, it's what you would expect when socialists get both power and money. Anyway, don't get me started on that, as this is an Aviva board I will (try) to stick to commenting on things Aviva related. As a long term holder buying in at £2.80 and happily reinvesting the dividends I don't worry too much (i.e. not at all) on short term movements. Aviva is basically a sound if not spectacular company, paying me the equivalent of a 6.7% divi, what's not to like?
Everyone should read the book written by a lady (who's name escapes me)who was employed by the EU to install systems to increase transparency. She was stymied by every official and told not to rock the boat.Trying to do the job for which she was employed, eventually resulted in her dismissal. The EU is institutionally corrupt and their own accountant's have never signed off the annual accounts due to unaccountable missing amounts of money. Beware of Camerons scare stories and listen to IDS. Let's regain our sovereignty, trade with the rest of the world if Europe went against us but,remember, Europe imports more to us than we export to them. Let this once proud nation regain its pride by showing that we have the ability to take care of our own future.
Can anyone assist please? I'm thinking of adding Aviva to my portfolio once again, as a core holding.. but have a sense that likelihood of Brexit will adversely impact this one due to its European operations and loss of 'passportng' etc. Does anyone have any blurb from Brokers or other commentators that can shed light on if my caution is justified or not? Let's work on the assumption that Brexit will happen.
The contiual low interest rates and talk of negative rates are also holding this back....if that maintains a policy direction then this wont go near 500p... It is not so much the company that is at fault with the SP as a few people have suggested...it is more the volatile markets and interest rates that affect its investments and bonds ....
Brexit isnt having too much affect just yet and probably wont until much nearer the day when the final polls are taken.....it is still very much undecided just yet....people dont really know what to believe....
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