Maybe those who were surveyed broke the first rule of any exam and didn’t read the question properly. Can they really not have realised that their ‘capital is at risk’? Is it blind, going-to-the-races type optimism? Yes, probably, for those buying Bitcoins. But we’re not talking here about scams offering guaranteed returns, rather those buying through companies like Hargreaves Lansdown who, whatever you think of them, are properly regulated. Maybe it will ever be thus, the daft will always be with us. It’s generally the rest of us, however, who have to pick up the tab when they cry ‘foul’ and ask to be compensated.
“What could the next General Election mean for UK equities?”
How worried should we be about a change (by which, read, to Labour) of government? Well, one person’s change for the better is another’s worst nightmare, of course, but let’s try to look at this with the dispassion of the markets and money persons.