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Growth Portfolio 3 - August '24

August 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

An eventful month. We have a new Prime Minister with a significant majority. Across the pond, there was an assassination attempt on Trump, and Biden decided not to run for a second term. Cracks began to appear in US tech stocks, causing investors to dump AI giants in a rotation trade and it looks like the UK is becoming a land of plenty, with an improving economy (e.g. the fastest manufacturing growth in two years), prospects of lower interest rates growing confidence and political stability. On the corporate front, financiers tell me there are already more small-cap deals underway and small caps ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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