It has been well documented in the media for the last 6 months or so that inflation and high interest rates are caused havoc in the markets and normally property is very closely linked to market performance. In March 2023 the Bank of England raised interest rates for the 11^th time since December 2021 taking the base rate up to 4.25%. Obviously, this level of interest has a major impact on people who are borrowing with mortgages and credit cards being those that are most affected.

Are Mortgages and Buy To Let Mortgages Still Viable

Typical rental yields are at around 5% which means that if the market value of properties and therefore rental amounts doesn’t increase then you are losing a large part of your profit. The 4.25% base rate means that you will only be making 0.75% on your investment. If however house prices do go up …

The stock market is excellent for investing your money and building wealth if you invest wisely. Many people do find success by developing a comprehensive trading strategy that considers the specifics of their financial goals. Developing a sound stock trading strategy for yourself involves researching the markets, understanding how different investments work, and recognising risk tolerance levels. It’s important to remember that only some strategies work for some; what may work for one investor might not be suitable for another. With these tips, you can create a successful stock trading strategy tailored to your needs as an investor.

Analyse your goals

Before you can create a successful stock trading strategy, it’s crucial to have a clear understanding of your goals. Do you want short-term gains or long-term growth? Are you looking for low-risk investments or high-risk opportunities? Knowing the answers to these questions will help guide your decisions when selecting …