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Brexit

Discussion in 'Portfolio Updates' started by shabbir, Jun 25, 2016.

  1. shabbir

    shabbir Administrator Staff Member

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    Finally we have BREXIT and it has quite a few events political events lined up in UK which could mean Tata Steel can have issues selling its UK Plant which was one of our aim when we invested in Tata Steel.

    So today I just switched from Tata Steel to Britannia which has very less exposure to global market because I think the BREXIT event can impact global turn moil for sure.

    Apart from that being a very aggressive investor, I just gushed in my money as well but then I don't recommend that to other conservative investor. Keeping money in sideline may be better choice unless you are ok taking a 10 to 20% cut in your portfolio.

    Contract notes attached.
     

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    shabbir, Jun 25, 2016
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