Forget the recession – the market is now changing!
Wednesday 4th February 2009
Want proof that the news in the media is not all ‘doom and gloom’? That the recession is not biting everywhere?
Well, you can!
The UK may now officially be in a recession, but if you look a little closer you will find an assortment of stories that can each prove to be very beneficial to
the economy and to the property market too.
Take the recent revival in sterling.
Just hours after Barclays announced that it will not fail to raise fresh capital, the pound rose in value against the dollar, pushing it to above $1.40. A one-and-half cent increase just a week after it reached a record low of $1.35.
And the reason for this sudden escalation?
Well, alongside Barclays declaration that it will raise fresh capital, they have also revealed that during 2008 they received a record breaking income.
An income that has gone on to inspire investors to increase their shares in Barclay’s by a staggering 60% – a jump of 33.2p to 84.4p
But Barclay’s are not the only bank to bring positive news to the market.
Other banks have also experienced an increase in shares. Lloyd’s TSB for example rose by 23% to 60.8p and RBS by 15% to 14p. And all this took place in just one day!
Then there is the recent coverage on Santender.
Part owners of Bradford & Bingley and Abbey National, Santender is planning to give customers who invested in Mr Madoff’s fund management scheme, a 2% dividend share to compensate them for their losses.
And this is not a small amount either.
It is believed that all these shares combined equate to £1.28bn, essentially £12.8 million each.
With so many promising shares available it cannot be denied that this news should help to increase investors confidence in the market and help them to start rebuilding their investments.
Even you too – as an investor – can benefit from these stories. Why? Well, because each of these stories proves that the recession does not have to spell the end of anything.
If anything they are proof that the market is still filled with possibilities and opportunities. Opportunities that you can turn around to offer your family a more secure future.
Offer your property portfolio more…
Interested in learning more about how rises in sterling and increases in bank shares can boost your property investment opportunities?
Why not come along to the FREE 2 hour Property Mentor seminar to find out how this news can benefit you.
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