Small Investors Change Tack As City Trust Plunges ; Personal Finance

Summary

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When storm clouds hover around world financial centres, and even Prime Minister Gordon Brown urges financial giants to come clean about bad debts and injudicious borrowing, savers can be excused for putting money in deposit accounts, rare coins, stamps - or old socks.

Few, certainly, trust shares when London's market plunges - as it has done several times over in recent weeks.

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Extract

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Small Investors Change Tack As City Trust Plunges ; Personal Finance

Clem Chambers, chief executive of ADVFN, self-styled Europe's number one stocks and shares website with over one million registered users, says the first cracks in the stock market became evident in February; he thinks hedge funds were dumping shares in mega-c...

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