RBS was lower after UBS downgraded the stock from 'neutral' to 'sell', saying that the current share price already discounts much of the progress expected to be made from restructuring over the next 18 months. As such, there is a "risk of underperformance even if management outperforms business targets", UBS said.
In America RBS is traded in ADRs not dollars . American Depository Receipts . It's a certificate that represents a number of shares for foreign shares traded on the NY stock exchange . Hope that helps.... ATB
Compounding might well be a great way to build your capital over time , not sure you could accumulate that amount of wealth just by compounding . Could be wrong , never really thought about it at those levels. Certainly must play a part ......... Hoping this has reached support now , more or less .about the level I was expecting if it was going to break into a new trading range . Might not could stay where it's been for the last year or so .
It does seem obscene but its just the effect of compounding. Probably the fundamental significant factor in disparity and can work both ways. People who get into debt find the debt can spiral out of control, on the flip side, people who invest compound way, way above inflation causing this divide. And I bet if you spoke to most ordinary working class people, they probably wouldn't even know what compounding meant...!! Meritocratic plutocracy......
OK, listened to her and, as you say, it is pretty much where we have been for a few days. Not much in the way of solution but interesting to learn that Gates and Buffett' combined wealth is equivalent to the bottom 120 million USA population. How obscene is that? Then there are the tax skills of the global operations, Governments have to find answers to that. Topic for off piste discussion?
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.