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FTSE 100 predictions for 2016

13

Comments

  • darkidoe
    darkidoe Posts: 1,129 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Dird wrote: »
    5900-6000. I'll buy into an index tracker when it drops below 4k again

    Oooh when will that happen!?!

    I predict we will all be wrong.:D

    Save 12K in 2020 # 38 £0/£20,000
  • catoutthebag
    catoutthebag Posts: 2,216 Forumite
    6666
    Year of Damien
  • Dird
    Dird Posts: 2,703 Forumite
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    darkidoe wrote: »
    Oooh when will that happen!?!

    Who knows but it will, already happened twice in the last 15 years
    Mortgage (Nov 15): £79,950 | Mortgage (May 19): £71,754 | Mortgage (Sep 22): £0
    Cashback sites: £900 | £30k in 2016: £30,300 (101%)
  • Superscrooge
    Superscrooge Posts: 1,171 Forumite
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    It's interesting to look back at FTSE 100 predictions made on this thread 12 months ago. Hardly anyone expected FTSE to end the year above 7,000
  • chucknorris
    chucknorris Posts: 10,795 Forumite
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    chucknorris wrote: »
    Am I the only one that thinks it might break 7,000 again?


    Well, well, I was alone but I didn't lose faith, in fact, I invested quite a bit at far less than 7,000.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Ray_Singh-Blue
    Ray_Singh-Blue Posts: 518 Forumite
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    chucknorris wrote: »
    Well, well, I was alone but I didn't lose faith, in fact, I invested quite a bit at far less than 7,000.

    Not so fast, cowboy....check post #5!

    Do you happen to have a view about where the FTSE100 will end up on December 31 2017? My feeling is 8008, which is a great number because it looks a little bit rude on a calculator.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
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    edited 1 January 2017 at 10:40AM
    Ray_Singh-Blue wrote: »
    Not so fast, cowboy....check post #5!

    Do you happen to have a view about where the FTSE100 will end up on December 31 2017? My feeling is 8008, which is a great number because it looks a little bit rude on a calculator.

    I think post 5 was a joke, I actually did invest a fair amount well below 7,000. Although I must admit it was more for the dividend income, than an expectation of massive growth. Which is why I don't predict where markets are going, I invest more for dividend income than capital growth, that is where my most of my retirement income will eventually come from.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Spidernick
    Spidernick Posts: 3,803 Forumite
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    Ray_Singh-Blue wrote: »
    Not so fast, cowboy....check post #5!

    Do you happen to have a view about where the FTSE100 will end up on December 31 2017? My feeling is 8008, which is a great number because it looks a little bit rude on a calculator.

    58008619 on a calculator is naughtier still! ;)
    'I want to die peacefully in my sleep, like my father. Not screaming and terrified like his passengers.' (Bob Monkhouse).

    Sky? Believe in better.

    Note: win, draw or lose (not 'loose' - opposite of tight!)
  • Doshwaster
    Doshwaster Posts: 6,351 Forumite
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    Superscrooge wrote: »
    It's interesting to look back at FTSE 100 predictions made on this thread 12 months ago. Hardly anyone expected FTSE to end the year above 7,000

    Well quite a lot of things happened in 2016 which not many people expected.

    Just remember the rise in the FTSE 100 is largely due to the fall in Sterling making the earnings from the biggest companies in the index worth more. If you look at the index in dollar terms the performance wasn't so good and the FTSE 250, which is more domestic-focused, only rose a few percent.

    On the other hand the biggest risers in my pension and S&S ISA were US index trackers which were up about 30% which benefited from good rises in the US market and the weakening of Sterling.

    As for 2017? Who knows... just about anything could happen in the next 12 months.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    Doshwaster wrote: »
    Just remember the rise in the FTSE 100 is largely due to the fall in Sterling making the earnings from the biggest companies in the index worth more.

    Real driver was dividends. As many of the majors pay dividends in $ and €. Dividends underpin asset values.
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