RE: Advice30 Aug 2025 16:47
JB 83, you should be minded of the up and coming budget. The U.K. is going down the toilet, if your half savvy and want to put money to work on the London Market, I would personally wait until early next year and review then, see the consequences of Rachel’s meddling. Of course have the odd trade here and there but be very very selective. If your going to buy here at these levels, which I wouldn’t do, then buy in tranches.
Global trackers have had such a ride up, what’s going to support them moving forward. Is the US overvalued ? Are we due a crash ? and the most important piece of advice as mentioned is be patient, that becomes easier as you get older as we have seen it all before.
Be very careful with investing, if you have the Chancellor wanting the masses to invest, and then weeks later she starts imposing stealth taxes on banks or oil companies, or whatever else suits her fancy, it’s going to get ugly out there.
Of course good luck with your decisions, and we wish you well.