Two trading days in and 2022 is already getting ‘interesting’
I hope everyone had a nice Christmas and NYE, despite yet more strange circumstances. An outbreak of Covid in my extended family meant another year … Read more
Why I’ve taken a position in dull but worthy City of London Investment Trust
As I’ve previously mentioned, I’m going to begin building my Sipp with a few well-selected investment trusts – an instant portfolio if you like, hopefully bought at a discount to the underlying value of the assets in them.
Trusts in this report
Source: SharePad
A few readers also offered a few suggestions of trusts I could look at, among them Scottish Mortgage which at the time I wrote was trading at about 1,461p a share, an 8% premium to its net asset value (NAV). I’ve long liked Scottish Mortgage and would like to join my kids and many others in owning it, but as I said, the premium was too punchy for me given I reckon markets are looking pretty frothy.
Shares in good companies are getting very expensive
I’ve been having a lot of fun messing around with SharePad’s filtering tools this weekend – I can’t let Phil have all of the stock screening … Read more
Why investors need to keep a close eye on developments in the Chinese property market (and a nice picture of some classic vans)
It was never my intention to write market reports for Invest-ability, but I have returned … Read more
