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Investment: A nightmare game of snakes and ladders

Max Hastings took a DIY investment masterclass courtesy of Prospect. What happened next?

By Max Hastings   May 2011

Max Hastings took a DIY investment masterclass courtesy of Prospect. What happened next?

I went straight home from meeting John Kay (Prospect, February 2011) and followed his advice by opening a NatWest online trading account. A kind friend who is both a keen and successful private investor gave me a list of his own holdings, which I set about mimicking. I soon discovered that I could not deal in many of the foreign shares and funds he holds via the internet. I was therefore obliged to use my bank’s broker to purchase them, and restrict my own dealings to British…

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