Jasper Smith: Is now a good time to invest in growing companies?

Or to invest in a nuclear bunker?

clock • 5 min read

The news may be full of grim and depressing stories but, argues Jasper Smith, investors and their advisers would still be better off buying nascent UK businesses than nuclear bunkers

In the US state of Kansas, $3m (£2.4m) will buy you one of a dozen doomsday-proof apartments in a renovated Cold War-era missile silo. The fully self-sufficient bunker can withstand a direct hit from a nuclear bomb, fits up to 10 people in each apartment and comes with food stores, appliances, LED screen ‘windows' to live-stream the outside world and even access to a communal swimming pool. Spend too much time reading the news these days and you might be tempted to reach for your chequebook. Brexit. The inverted US yield curve. A Chinese slowdown. We are constantly being bombarded with n...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

Demand for IHT mitigation increases as more fall into threshold

Demand for IHT mitigation increases as more fall into threshold

‘Asset prices and nil rate band freezes are creating a perfect storm’

Isabel Baxter
clock 03 April 2024 • 1 min read
Upcoming CGT changes prompting UK investors to create wealth plans

Upcoming CGT changes prompting UK investors to create wealth plans

More than half want to secure their current and future investment gains

Isabel Baxter
clock 02 April 2024 • 2 min read
Majority of advisers think NI cut will not boost pensions savings

Majority of advisers think NI cut will not boost pensions savings

Only one in ten think people will put the extra cash into pensions savings

Isabel Baxter
clock 11 March 2024 • 1 min read