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January 2018

  • Writer: Colin Groves
    Colin Groves
  • Jan 2, 2018
  • 2 min read

Brrr its the months I don't like. Wet damp windy at best and cold....

Premium bonds, didn't win last month but 2 x£25 this month....

A question that I'm being asked is whether bookings will be down in Majorca due to increases in holiday tax. Well I think not. Already the big tour companies are saying bookings are above plan for this time of year and its going to be a bumper year. Yes prices are up, but for the last few years the holiday maker has enjoyed discount prices as Spain recovers from a financial crisis which at 1 point was at best dire, they needed money in a depressed market. The Recovery is on track but prices need to more in line with market forces, there are a lot of holiday makers out there all wanting to holiday in Majorca.

Yes some may be priced out, but many still want in. And like it or not they will pay. Its all about moving forward and businesses in Majorca need to move with the times too, what was good it not necessarily good for today, life moves on I do we all do, Its all about sustainability. I always want something new, always looking and so far never been disappointed but each to their own.....

For me personally I wouldn't want things to stay the same year in year out, life moves on. I mean whilst you may want your little ones to stay little ones, they don't they grow up... That's how it should be, what you enjoy today may be gone next year. Embrace it. I always look for the new, some fall away but always a new spot on the horizon.

Another future issue as far as Brits are concerned is the effect Brexit will have. Presently Uk airlines have landing rights given via the EU, so once out no rights to land let alone fly into airspace. This will come at a cost with airlines having to purchase rights individually. Already some are looking to move relocate within the EU to continue to enjoy the freedom currently enjoyed.

Ok annoying point, its far too easy to post on facebook with comments etc, but why why why if you have an issue with anything why why why do you not contact the source before posting grrrrr

Going to walk the London bridges again this year for the Royal British Legion, just 10km or 6.2 miles, have set up a Justgiving page, so please give me your support when goes live.... Thankyou....

Also was my birthday, and a good one tooo. Thanks to those that made it sooo....

The International Trading arm had a good 2017 up 16.55% can I do the same this year, the secret in trading is not to lose money, set targets and sell or buy when the time is right. Works for me, and I hope continues to work for me.

Investments

wk1 -1.14%

wk2 +0.87%

wk3 +0.15%

wk4 +0.26%

wk5 -1.95%

So the target again is again 10%

Colin

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