RE: Downside Risk31 Jan 2024 15:19
To open a BROKERAGE a/c in the UK, one has to pass AML regulations etc - ID CHECKED including Passport, etc.
Age @date of birth --- HL requires to sign in.
SO, ALL OF US, ARE OVER 21.
Before I could open a stock broking a/c, I was asked to go in and have an interview of some 1/2 an hr with 2 chaps.
What they wanted to know is DO I UNDERSTAND R I S K ? I SAID YAH, I DO. THEN, PLEASE SIGN HERE THAT YOU HAVE AN GOOD UNDERSTANDING OF RISK.
So, I see many names here from days of Solgold, GGP etc ----all have been round the rodeo.
Thanks you Patrick for your concern but the FCA, banks, stockbrokers are always nannying us in case we graze ourselves in the stock market. Just to let you know given the whole of Twitter on HE! thread are talking about this share as if we are 5.