The Stock Market

So we shouldn’t go back into the stock market?

Far be it for me to advise, but how about some interesting information. In the last three months shares in Barclays have nearly trebled, in the Governments subsidiary company, RBS to you and me, doubled, HSBC a paltry 10% increase and for those that like a flutter with ‘arry’s team (Spurs to the less informed) 10%; mind you the last one was fighting against relegation. At least the others didn’t have to worry about that. Mind you RBS did, but Mr Abramovich, or rather the Scottish equivalent, Alistair Darling put his money (or should I say our money) in, to allow them back into the transfer market. Either way some banks have proved to be a good investment in that period.

But, how about this apparent quirk in the stock exchange. Our most successful and biggest retailer in its field, Tesco, sees its shares down by 10% over the same period. However, as Mrs T said you can’t buck the market so we have to accept these figures reflect the values of these companies. So as I started, should we go back into the stock market?