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Why isn't anyone panicing?

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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    gzoom wrote: »
    4cmqSjge.png

    S&P has no correlation to the UK housing market. US bubble burst two years earlier.
  • gzoom
    gzoom Posts: 604 Forumite
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    Thrugelmir wrote: »
    S&P has no correlation to the UK housing market. US bubble burst two years earlier.
    ...and here in the UK we are never effected by what happens in the US/China etc ;)
  • vmp
    vmp Posts: 37 Forumite
    On 30th December 1999, the FTSE 100 closed at 6930

    At this moment, almost 16 years later, it's trading 1000 points (or about 14%) lower than that at 5918.

    Although that's a lot better than 9th March 2009, when it closed at 3542 or almost 50% below that 1999 price

    Just in the spirit of giving a different perspective :D
  • Pincher
    Pincher Posts: 6,552 Forumite
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    When they get tired of screaming, people still have to put their money somewhere.

    Check out the dividends on BP and Royal Dutch Shell, yummy.
  • jimjames
    jimjames Posts: 18,695 Forumite
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    vmp wrote: »
    On 30th December 1999, the FTSE 100 closed at 6930

    At this moment, almost 16 years later, it's trading 1000 points (or about 14%) lower than that at 5918.

    Although that's a lot better than 9th March 2009, when it closed at 3542 or almost 50% below that 1999 price

    Just in the spirit of giving a different perspective :D
    Poor numbers if you look at them in isolation with no context.

    Reality is that you've taken no account of dividends and would actually be 60% up over that time. You're also assuming you invested ALL your money on the worst possible day and only invested your money in the FTSE 100. Likely that very, very few people did both those things and having portfolio in a single limited index is very poor investing.


    Other indexes such as the FTSE250 have tripled in value over the same time - and that's UK companies too.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • le_loup
    le_loup Posts: 4,047 Forumite
    vmp wrote: »
    At this moment, almost 16 years later, it's trading 1000 points (or about 14%) lower than that at 5918.

    Meanwhile dividends have paid how much?
  • gzoom
    gzoom Posts: 604 Forumite
    Tenth Anniversary 500 Posts Name Dropper Combo Breaker
    vmp wrote: »
    On 30th December 1999, the FTSE 100 closed at 6930

    At this moment, almost 16 years later, it's trading 1000 points (or about 14%) lower than that at 5918.

    Although that's a lot better than 9th March 2009, when it closed at 3542 or almost 50% below that 1999 price

    Just in the spirit of giving a different perspective :D

    So is this bad or good for pensions longterm?? I just pay my monthly allocation into the scheme (NHS) and not worry about the rest because its far too complicated for my brain :rotfl:
  • gzoom
    gzoom Posts: 604 Forumite
    Tenth Anniversary 500 Posts Name Dropper Combo Breaker
    Pincher wrote: »
    When they get tired of screaming, people still have to put their money somewhere.

    Check out the dividends on BP and Royal Dutch Shell, yummy.

    Is share divedends paid out per quaters. So BP paid 1.6% per share in Q2, is than repeated x4 a year - If so, that much better than the 2.5% we are getting back on a couple of ISA. So the shareprice would be almost irrelvant providing the divedends are paid.
  • TheTracker
    TheTracker Posts: 1,223 Forumite
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    After the markets are heading down the south like sherman I'm surprised I'm not seeing more concern on the forums.

    Because after he reached Savannah he turned North. Market will do same.

    img.jpg
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    gzoom wrote: »
    ...and here in the UK we are never effected by what happens in the US/China etc ;)

    Many companies are international in nature. ;)
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