There were quite a few small changes in the budget and it was nice to see that the 12k Cash ISA limit and 22% tax on interest inside ISAs was dropped. However, it also announced a total of a 4% rise of tax on interest for next year. Key facts This means your bank, savings ——-
President Trump has managed to complicate the world economy. International trade has been hampered by tariffs and restricted passage. Executive orders have distorted the economy by lighting a fire under some companies and extinguishing others! Oil prices have rocketed, inflation, interest rates and bond yields have risen and yet gold has not. Some companies are ——-
Most investors have a main central core ETF plus 1-6 other ETFs as satellite holdings. They then may have 5-10% of their holdings in other more risky shares such as single companies. In a taxable GIA account, it is best to stick to that one core ETF and keep adding into it as well as ——-
You may have noticed that the stock market is down this week! My £203k Trading 212 accounts are down £25k. This is a temporary blip as far as I can see. AI says this… For the S&P 500, the correction looks more like a valuation and rates reset than a broad economic panic. The index ——-