‘Robo-Advice’, better known as DIY investing on the internet without any advice, led many who shouldn’t have to invest in the aforementioned Woodford funds. It also, it seems, doesn’t make money and won’t for quite a few years, mainly due to the need to advertise a lot to get punters on to the website. I suspect, too, that it will be hit by a tad more regulation in the not too distant. So maybe there’s a better way. ‘Personal Financial Advice Supported By Award Winning Technology’?
“Global stock markets fall sharply amid fears over inflation and China slowdown”
Diesel at my local filling station now costs over £7.50 a gallon (kids etc.). Not my problem these days, but I’m sadly old enough to remember the furore in the 1970s when the price went up to 50p a gallon.
