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Growth Portfolio 3 - July '23

July 2023

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.

There are the first tentative signs that small caps may be bottoming out. Inflation looks like it may be coming down despite having failed to drop significantly in the past two months, with the renegade actions of the Bank of England in raising interest rates and tightening credit  to crash the market. Nurses have decided to accept the pay offer, although more militant junior doctors aren’t ready to stand down. Although current trading may appear bleak, the market looks 6 months ahead and I am seeing some strength. For instance, last month’s FDEV will launch its F1 management game on 31 Jul ...

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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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