FTSE All Share Tracker?

sabretoothtigger

The majority of the market buys then sells again before they go home. They never own anything overnight. So guys in the industry are often only able to comment as a spectator, even if they trade their own money they dont think anything like an investor.

Citywire ask fund managers about various shares, they do buy and hold. Might count for a bit more.
Your average news story is bs, they are all basically reporters not really interested or with anything personal on the line

coastline

Sceptic001 wrote: »

I note that the HSBC All-share tracker is UK-domiciled. Does this mean that there is stamp duty on purchases?

I have previously used the ishares FTSE 100 tracker, which is domiciled in Ireland and thus does not incur stamp duty.

I think it could be something to do with distributor status...which if I remember is saying the fund is subject to the standard UK taxes on stocks and shares....capital gains tax and not taxed as income...
If its ISA acceptable ..like ishares ft100..then thats the way to go to save complications..

thor

dunstonh wrote: »

When you invest you know there will be crashes.

How can you say there will be crashes with such certainty? They may have occurred many times in the past but that is no guarantee they will happen in the future. I just think that you can't predict anything including long term gains either. It might happen but it might not - there is no fundamental law that can be used to make such predictions.

dunstonh

How can you say there will be crashes with such certainty?

Because it is the nature of the beast. You cant say when or how much but you know they will come. It would be foolish to think otherwise.

bigadaj

thor wrote: »

How can you say there will be crashes with such certainty? They may have occurred many times in the past but that is no guarantee they will happen in the future. I just think that you can't predict anything including long term gains either. It might happen but it might not - there is no fundamental law that can be used to make such predictions.

To be fair if you had listened to Gordon brown then you would know there wouldn't be any more booms or busts, apparently.

jamesd

Better a global tracker than just a FTSE tracker. No point in restricting yourself to just 8% of the global equity market.

Now will probably be one of the better buying times over the next six years. Probably not the best (meaning prices may fall lower at some point) but a good time to be doing regular buying while there's a sale on.

Jegersmart

thor wrote: »

How can you say there will be crashes with such certainty? They may have occurred many times in the past but that is no guarantee they will happen in the future. I just think that you can't predict anything including long term gains either. It might happen but it might not - there is no fundamental law that can be used to make such predictions.

There can be no absolute certainty, however the monetary system has bubbles and bankruptcy built into the system due to money being debt effectively. The system is inherently inflationary of course due to this so prices will always rise - however this may or may not translate into higher stock prices:)

J

Jegersmart

p.s. A FTSE ALL share tracker will be good for you if you think the UK will grow the most over the next 20+ years.......

J

Radiantsoul

Jegersmart wrote: »

p.s. A FTSE ALL share tracker will be good for you if you think the UK will grow the most over the next 20+ years.......

J

Not really as stock market performance is not necessarily correlated with National Income growth

sabretoothtigger

FTSE is not UK.

The all share is a bit closer then FT100 but almost all the money goes into the large shares.
The largest shares are multinationals and UK is a small country with a big stock exchange, we are lucky to have all these people come here to trade but its not the UK they are buying its global interest

I keep hearing Tesco is the UK largest company. Really? because they arent even that big, 24bn

Ok not small but BHP is 92bn. Shell is like 126bn ? Vodafone is very big abroad 84bn Even BP which is totally beaten up is 76bn and no its not british, they could close all their uk oil and be fine but Russia on the other hand is a big deal maybe 30% of BP and yet again some tremors occurring there for them

Best index is maybe FTSE 250 as its large but not massive companies