Hello Share Sharers. So the Footsie has been rising and is now tickling all-time highs. But it would have been much healthier if it had not been for Covid. And those of us who merely hung onto shares, rather than actively buying and selling them, have seen very little profit for a long time now. We should also realise that a currently high Footsie doesn't mean everything in the garden is rosy.
Hello Share Takers. My favourite insurance company has posted some good numbers for the first six months and looks set to have a good year. Its operating profit improved by 8% to a cool £1.2 billion. Cash generation jumped by 22% and the Legal & General (LGEN) five year growth target is performing as it should despite all the headwinds of a shaky current economy.
Hello Share Runners. One of the biggest Footsie fallers because of the war is one of my financial favourites. Legal & General (LGEN) has dropped rather a lot. Before the invasion it was not far short of 300p. As the tanks rolled it has dropped to below 250p. Yet, this could be one of the fastest shares to recover in the usual rally that seems to come a month or so after a new war breaks out.
Hello Share Spooners. One of my larger cap investments has been doing ok but not quite as well as I expected given the Footsie’s recent progress. A month or so ago Legal & General (LGEN) was tickling its all time highs around 315p. Today's share price is around 280p. One reason is that insurance giants can no longer charge their old customers more than their new ones. You know, when your car insurance goes up every year while if you bought for the first time it would be cheaper.
Hello Share Moppers. My favourite insurance company, Legal and General (LGEN) has revealed some jolly results for the first half of 2021. It’s actually doing better now than before Covid. And yet the share price is still down on the golden days before the pandemic struck. So there’s room for the shares to shine more brightly.
Hello, Share Smashers. Boring shares can be good to have because they’re less prone to disasters. And, as we all know, it’s the big mishaps that so easily wipe out all the happy progress we’ve made with other components of our precious shares bag. Which brings me to my rather large holding of Legal & General (LGEN).
Hello, Share Followers. In the week when Rishi, possibly the world’s richest chancellor, gave us a budget which was nowhere near as punitive as it should have been, I want to commend to you one of the Footsie’s biggest gainers on the news. It may be a boring choice, but sometimes a more steady performer is a vital adjunct to the best portfolios...
Hello, Share Changers. Before the pandemic one of the most reliable risers in the Footsie was the insurance giant Legal & General (LGEN). Like most financial shares it took a big hit with the virus’s arrival, dropping in a flash from 318p to below 140p. Ever since those dark days, the price has been moving slowly and steadily up to its present level of around 270p...