Shares in Lloyds Banking Group (LON:LLOY) have been hit hard since the covid-19 crisis. I, unfortunately, mistimed my purchase of the shares which are currently my biggest loss. Despite that, it’s one share price though where I’m feeling confident to average down; although I haven’t as yet done so recently having already been punished for... Continue Reading →
Buying shares in Lloyds Banking Group – is now the time?
With the Bank of England warning the UK economy could shrink 14% in 2020 amid Covid-19 downturn, consumer banks such as Lloyds Banking Group are up against it to grow profits. Fears over the depth of the fall in the economy explain why so far this year the bank’s shares are down over 50%. It’s a fall that has burnt... Continue Reading →