Some clients have been telling me that they’ve ‘made’ huge profits by investing in so-called ‘crypto-currencies’ like Bitcoin and ask my views. My advice: get (at least) your original stake out as soon as you can. If it looks too good to be true, it almost certainly is. These things are completely unregulated, and will tumble like houses of cards sometime soon. I think. Remember, the Chinese (who are behind a lot of the monumental hikes) are a nation of gamblers…
“‘Helpful change’ or ‘political stunt’?: The debate on the Great British ISA and what investments should qualify”
Don’t hold your breath on this one. The idea is that, if you invest in British Bulldog Stocks and Shares, you may get an extra £5,000 of ISA allowance, but how that might work in practice is up for discussion or consultation until 6th June.
