Soundwave on 24 June 2016
Teeqoz said:
Yeah, for any non-UK citizens, I'd reccomend investing in defensive UK stocks, because with the pound as weak as this, you are basically getting a 10% discount on UK stocks. United Utilites (a UK water company) is the one I've pinpointed. Water utilities are traditionally super defensive (the water provider and wastewater management business is monopolistic and incopmetetive by nature) and it has a nice dividend yield at >4%. It's a good stock to buy even without Brexit, but with the pound as low as it is, you're getting it for a bargain price. |
Probably going to fall further, wait till the US markets open.
