Best Investment Right Now
Inflation is hitting everyone. You see it at the petrol station, when you buy food; it’s hitting everyone. Unfortunately, Inflation is likely to be around long term.
Higher inflation equals potential further interest rate rises. It’s good for savers, but not good for people with debt.
“So what can you invest in to make sure you can remove some of these issues? Unless you get money invested into real assets, into stock, into gold, into those types of things, then you’re going to get left behind… right now there is an opportunity to be had in the right sectors.” – deVere CEO Nigel Green.
Cash alone won’t keep up. Building real assets is what makes the difference over time. If you’re not sure where to start, talk to an adviser.
Swedish defence giant Saab reported skyrocketing Q3 earnings of 65.8 billion kronor, up from 20.9 billion kronor last year.
The astronomical increase reflects a tripling of orders, including a 16-jet Gripen deal with Ukraine, GlobalEye Military surveillance aircraft for a customer in the Middle East, and systems for German frigates. This comes as Europe ups its defence spending in light of Russia’s constant muscle flexing on its borders.
Saab, whose products include fighter jets, submarines, missiles, and advanced electronics, has seen exponential growth since Russia invaded Ukraine in 2022.
This shows the growth of the defence sector over the last few years.
Please note, the above is for educational purposes only and does not constitute advice. You should always contact your adviser for a personal consultation.
* No liability can be accepted for any actions taken or refrained from being taken, as a result of reading the above.