If you'd invested in: Ferrexpo and Fairpoint
Soaring Ferrexpo is a Ukrainian iron-ore producer, while struggling Fairpoint provides financial and legal services to consumers.
If only...
Be glad you didn't
Fairpoint (Aim: FRP) provides financial and legal services to consumers to help them manage their debts and pursue claims. It operates under several brands, including Debt Free Direct, MoneyExtra.com and Simpsons Millar. The company has recently issued a profits warning concerning its legal division, and its chief executive stepped down "by mutual agreement" at the end of December. The shares have been in decline since late 2015, and have fallen by 88% in the last 12 months.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
‘Sandwich generation’ carers losing £6,000 a year to support elderly relativesMiddle-aged adults are often caught between caring for children or grandchildren and their elderly parents, leaving them taking time out of the workforce and facing a huge hit to wages while they are still trying to save for retirement. We look at the true cost of caring.
-
Ground rents to be capped at £250 a year – what does it mean for you?The government has published draft legislation which would see ground rents capped at £250 per year for leaseholders. We examine what it means for homeowners and the housing market.
