We are all, I believe, familiar with the term ‘granny shares’. Most middle-aged and older Irish investors probably have them.
Back in the 1960s the Irish stock market was very small, the main stocks around then were the two main banks, CRH and Guinness (taken over by Diageo). If you sat on CRH and Diageo shares from back then until now you would be sitting pretty. However, the losses incurred on the bank...
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