By Malcolm Stacey | Monday 14 February 2022
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
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.
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