The New Guy - The First Week
t be denied that many stockbrokers are very wealthy, but they have achieved this wealth by investing wisely themselves or by earning lots of commission by investing wisely for clients.
If a stockbroker's judgement is good enough for himself, it should be good enough for you. Similarly if he can become so rich on his 1.65% commission, think what you can do on your share of the other 98.35% !
Could the Wall Street Crash or the dot com boom and bust Happen Again?
It has, but the consequences will probably prove less devastating. The Wall Street crash of 1929 occurred because prices had been hyped up to way above their intrinsic values. When the bubble burst, share prices plunged down, creating a downward momentum which pushed them further down.
Many small investors had borrowed money to buy shares and were unable to meet the loan repayments. Investors and stockbrokers both chose to ignore that manufacturing was actually in decline. These factors led to the great depression from 1
Next:
Want INSTANT TAX ADVICE?
Setting up in business | Legal Compliance | Keeping informed | Planning for profit | Raising finance |
| Managing growth | Buy, sell or merge | Minimising tax | Agreeing tax liabilities | Tax Rates 2024/26 | advice
Our Services
Business start-ups, Accounts Preparation, Tax Planning and Advice, Tax enquiry and investigations, Personal & Business Taxation including Income Tax, Self Assessment Tax, Coming into/Leaving the UK, Inheritance tax, Capital Gains Tax, Corporation Tax, National Insurance, PAYE, Value Added Tax Advice and Company Secretarial services
What a Demack Chartered Accountant can do for you?