10 years ago would now be worth an unimpressive £11,200, compared with £29,850 from a global passive fund which tracks stocks around the world without an “active manager” picking those funds. But in the past year, that global passive fund lost 8.8 per cent of its value, while that cash ISA still returned 0.8 per cent – a modest gain, but a gain nonetheless.
That said, nobody can predict the future. So let’s enjoy whatever gains we receive while we can! Speaking of which, let’s see how our picks have performed since 10 January…, but Games Workshop is proving to be one of the best performers in my portfolio too. Our £5 stake is now worth a princely £5.30 – still not enough to buy any of the company’s plastic miniatures, it should be noted – after a solid few weeks for the retailer.
But, as the supermarket’s chief executive Ken Murphy has warned, inflation is still a huge problem. He told investors that he feared it was yet to peak, ringing alarm bells for those hoping that shoppers will be flooding back to the store soon. Foremost among those is First Solar Inc, a US company that makes solar panels, runs solar power plants and offers a suite of services relating to them. Shares in the company are up 3.5 per cent since we opened our investment account, and it is the single largest part of the Invesco Solar ETF. Our stake is now worth £5.45.This is the money that a business generates from its normal activities, and is also called “sales”.
lauriehavelock as well as anyone involved in bit coin
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