Home Truths of the AIM Market11 Oct 2024 12:52
Just to repeat what I posted earlier, because the "censor" didn't seem to much like it.
Many AIM "investors" are likely aging gamblers, who when losing circa £10k to £20k on a share like HARL have likely lost the bulk of their life-savings.
Rachel Reeves, and the rest of the Champagne Socialist neo--Marxist Labour Party, are about the hike Capital Gains Tax. Is this really redistributing "wealth" from the Rich to give to the Poor or might it just be a raid on the hard-earned money, saved over decades, by the frugal?
The UK Stock Market, especially AIM, might collapse due to "thought" of what's being "hinted" at in the coming Budget - let alone it's becoming Law.
Housing stock is a completely different matter. Council tax might be raised to astronomically levels to "encourage" people to sell second homes, but I foresee complete and utter chaos and many properties ceasing to be rented housing stock for many years to come!