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Hung Parliament

4th May 2010 by Adam Rowbottom · No Comments

Much speculation exists about the impact of a hung parliament on investments.

As commented in my previous blog all the Fund Managers are united for once in that they believe a Hung Parliament will have a negative impact on the markets. Concerns about introducing the necessary legislation to ensure recovery continues is the biggest concern.

They are united therefore in the view that a clear majority for one party is the best way forward. The polls indicate a majority for the Tories with no real chance of a Liberal or Labour win. We can ignore what the politicians tell us as we know they talk rubbish.

My view is simple. Our pensions and Investments have suffered enough over the last few years. We should put ourselves first for a change and vote to protect our savings and investments and protect our future. We should vote for a clear majority this week.

If you are not a Tory and I confess for my sins, I am, then may I recommend your vote for them anyway? If you are about to retire or draw on any of our investments etc, then it is a particularly important vote!

Remember they are going to tax us anyway, so you might as well have more before they tax you, as you will certainly have less when they have.

Tags: Financial News

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