Glossary

 

Take Part Profits

Used where stocks have risen to a point where we feel they have overshot their intrinsic value by a large amount. We suggest you sell some of your shares to reduce exposure to possible falls.

Technical analysis

A means of selecting shares which focuses on using indicators, share price charts and analysis of price and volume trends to make buy and sell decisions.

Trust

A type of investment structure where investors hold their interest in units rather than shares. Commonly used by property trusts.

Turnarounds

Companies that may recover after a period of difficulty, often involving high debt levels. These companies can potentially go bankrupt before they turn around. One of Peter Lynch's six categories of stocks.