FTSE All Share Tracker?

Jegersmart

Radiantsoul wrote: »

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

Indeed, what do you use to get exposure to "National Income Growth"?

J

Jegersmart

sabretoothtigger wrote: »

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

Errr....thanks...:D

sabretoothtigger

Jegersmart wrote: »

Indeed, what do you use to get exposure to "National Income Growth"?

J

Bonds I guess. UK bonds that repay you british currency in ten years have to be all about the UK economy pretty much.

Tesco just issued some, I think they were 5% over five years. That is a crap rate I reckon but thats the market now, everyone loves bonds

If you buy a share especially in FTSE like said above.
Its really not british currency, its Russian Roubles or Australian dollars because the company operates there not here and if you have it in five years they'll convert the dividend into british pounds and because our currency is so awful that dividend will probably be alot higher then 5% return


There is no specific ftse uk index so far as I know. There is UK funds Im sure, with a manager who just chooses uk companies.
UK as a whole is a debtor. So thats bonds, growth is about equity or shares and we dont have alot of growth as the GDP indicates not many are advancing

Jegersmart

sabretoothtigger wrote: »

Bonds I guess. UK bonds that repay you british currency in ten years have to be all about the UK economy pretty much.

Tesco just issued some, I think they were 5% over five years. That is a crap rate I reckon but thats the market now, everyone loves bonds

If you buy a share especially in FTSE like said above.
Its really not british currency, its Russian Roubles or Australian dollars because the company operates there not here and if you have it in five years they'll convert the dividend into british pounds and because our currency is so awful that dividend will probably be alot higher then 5% return


There is no specific ftse uk index so far as I know. There is UK funds Im sure, with a manager who just chooses uk companies.
UK as a whole is a debtor. So thats bonds, growth is about equity or shares and we dont have alot of growth as the GDP indicates not many are advancing

I think your phrase "not necessarily" springs to mind, however it does seem like we are getting into semantics. At the end of it all, most companies are deriving profits and growth potentially from areas other than where they are based or domiciled or listed - but so what? We have to a point of reference after all.

I am out of this one.:D

J