Keep away from the banking sector
Shares in banks are looking extremely attractive and directors are piling in. Should you follow suit? Tim Bennett investigates
It’s the question on every investor’s lips: is it time to buy the banks yet? The directors of some of the UK’s biggest banks certainly seem to think so. As Jessica Brown notes in The Times, bank directors were bigger buyers of shares in their own businesses during the past three months than any of their peers from other sectors.
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"I started with £3,000 and have doubled it to date, using a combination of tips in the 'at a glance' section." Fred McKenzie
"If you are a serious investor, you should be reading MoneyWeek." Rupert Foster, Chief Executive, FM Capital Management
"I bought into four European emerging markets funds following general info from your magazine, and so far I have achieved 25% gains." K Murphy, London
"Money Week encouraged me to go 100% oil, and I have gone £38K to £62K in a year." Garry Morrow, N Ireland
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