We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
How Low Will FTSE go?
savermoore
Posts: 1 Newbie
I would be interested to know the wisdom of the money saving crowd!
The FTSE is now about 17% off the high of 7104.
If you were to make a guess, what will be the lowest closing price before the end of the year?
The FTSE is now about 17% off the high of 7104.
If you were to make a guess, what will be the lowest closing price before the end of the year?
0
Comments
-
Ryan Futuristics could tell you exactly what it will go down to, but sadly he does not post here any more.0
-
Hi savermoore. This is the Savings & Investments sub-forum not the crystal ball sub-forum!"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)0 -
My guess would be that the FTSE100 has already hit it's lowest point this year and will end up somewhere in the low to mid 6000s. I wouldn't invest in it though (and I don't).0
-
7105.........................Ex forum ambassador
Long term forum member0 -
My guess would be that the FTSE100 has already hit it's lowest point this year and will end up somewhere in the low to mid 6000s. I wouldn't invest in it though (and I don't).
What are your reasons for not wanting to invest in the FTSE100? I was going to invest £4000 in a FTSE100 index tracker in April.0 -
-
bigfreddiel wrote: »What do you invest in? Fj
If he read his other posts, you will be able to find out."If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)0 -
-
Thrugelmir wrote: »For me it's the heavy weighting of the index in certain sectors.
Uhm... what does that mean?:D Bad or good?0 -
If you were to make a guess, what will be the lowest closing price before the end of the year?
I have been through too many corrections and crashes to make the mistake of trying to guess. Single drops, double dips, long drawn out declines, short, sharp declines..... Nobody knows what its going to be.
17% is nothing though. Its not even classed as a crash at 17%.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards