The FTSE

  • Thread starter Thread starter worsleyweb
  • Start date Start date
Just put 30k in sip and isa funds this week, I’m twitching a bit , going to wait till April to more in
 
Kompany Car said:
The stock market for most people who can't afford to lose money should always be a long term investment. Its not a get rich quick scheme unless you accept that the probability of you losing is not much better than the flip of a coin.

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This does not apply to the kind of speculative pump and dump investing that people are mad for.

As a rule of thumb if there is lots of people talking on the internet about getting in quick to some stock or crypto then you need to treat it with a lot of caution. Its so easy to manipulate crypto via social media and so much money can be made by the scammers. Sitting on such stuff over time does nothing for you. Low market cap stocks are also vulnerable.

If you have invested in a good company then yes, over time it should at least track the market and do better than bank interest rates.
 
Wafty Cranker said:
Feels like chucking money on a bonfire at the moment!
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I feel like that.. Bought shares in Arrival, an electric vehicle company and they're currently around 85% down on where I started..

Seriously tempted to buy some more while they're on their arse as they start vehicle production in Q2 so they surely have to go up....
 
Not quite a bloodbath but definitely a major hit right across the board this morning. Wouldn't like to see the drop if the Russians did indeed invade Ukraine.
 
zerox said:
good luck with that, 22 years ago in Jan 2000 the ftse was 6600

jan 2022 it was 7400 at the start of the month.
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The FTSE isn't a great investment vehicle though. Do the same for the S&P500 (which more closely resembles that type of index funds your average investor would use).

You'll see it's quite a bit higher before considering compound interest.
 
The blue phantom said:
True, You just have the feeling that there's worse to come though. We know the stock market doesn't like uncertainty.
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That's right, but it's human nature to presume there's always worse to come.

All you can do is save up a suitable cash emergency fund (6 months of your average spending is a good, if not cautious target), pay off any high-interest debts (anything over 4-5% is quite sensible) and then put any extra into a decent, cheap index fund (like Vanguard LifeStrategy100). Turn off the news, don't track the markets (it's all just background noise - there will ALWAYS be bad news and fearmongering) and in 10+ years your future self will thank you for it. IMO it's that simple.
 
Manchester33 said:
The FTSE isn't a great investment vehicle though. Do the same for the S&P500 (which more closely resembles that type of index funds your average investor would use).

You'll see it's quite a bit higher before considering compound interest.
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The ftse250 is up around 300% in that time frame though plus yield. The ftse100 doesn’t really reflect the UK economy.
 
jaseirai said:
The ftse250 is up around 300% in that time frame though plus yield. The ftse100 doesn’t really reflect the UK economy.
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Yeah if I'm not mistaken the poster I was referring too usually comes on this thread to talk about how crypto is the best investment vehicle (using strange and indirect stock market analysis to reinforce their view).

Admittedly, there are people who've gambled on crypto successfully - far, far more who've lost money but hey ho, that's gambling for you.

You'd do very well to find sensible, level headed people who've lost money on index funds over the course of two decades though.
 
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