Does anyone remember when the UK had an economy worth investing in?

CreditCardChris

Just had a quick peak at the FTSE 100 performance in relation to the SPX performance. 


I wonder how long before the UK becomes a second world economy, the likes of Bulgaria, Poland, Romania etc come to mind. The UK leaving the EU could actually end of being one of the best decisions for the EU as we have the real chance of ending up a "burden state", where we take more than we contribute so us leaving will probably be a godsend for Europe come 20 years time.

Imagine still claiming to be one of the best economies in the world when it's propped up on dinosaur companies that dominate sectors and have not innovated at all in the last 50 years. Perhaps if Prime Ministers and MPs were not so concerned with lining their own pockets they'd make our lack of economic growth a national emergency and do something about it.
 

Prism

Completely pointless graph as you have missed off something that many investors looking to show how bad the FTSE 100 has performed also do.

grumiofoundation

What answers/comments are you looking for that you haven't already been given?

https://forums.moneysavingexpert.com/discussion/6115092/whats-going-to-happen-to-the-ftse100-when-bp-and-shell-go-bankrupt/p1

https://forums.moneysavingexpert.com/discussion/6127529/why-do-people-discourage-investing-only-in-the-us-markets/p1

https://forums.moneysavingexpert.com/discussion/6153922/is-my-portfolio-too-risky/p1

https://forums.moneysavingexpert.com/discussion/6167099/comparing-the-biggest-us-companies-to-the-biggest-uk-companies/p1

eskbanker

Yay, just what this board needed, yet another tedious rehash of all the previous threads about this poster's tiresome obsession with their perception of the UK's economy/market relative to other countries....

Linton

The UK has a world class economy with industry, manufacturing and development at least comparable with other similar sized developed countries.  The problem is much of the best of it is foreign owned and so not represented in the FTSE100.    However the FTSE250 and below provide plenty of opportunities for an investor.

CreditCardChris

grumiofoundation said:

What answers/comments are you looking for that you haven't already been given?

https://forums.moneysavingexpert.com/discussion/6115092/whats-going-to-happen-to-the-ftse100-when-bp-and-shell-go-bankrupt/p1

https://forums.moneysavingexpert.com/discussion/6127529/why-do-people-discourage-investing-only-in-the-us-markets/p1

https://forums.moneysavingexpert.com/discussion/6153922/is-my-portfolio-too-risky/p1

https://forums.moneysavingexpert.com/discussion/6167099/comparing-the-biggest-us-companies-to-the-biggest-uk-companies/p1

I want the stubborn boomers of this forum to admit the UK economy is a shambles.

CreditCardChris

eskbanker said:

Yay, just what this board needed, yet another tedious rehash of all the previous threads about this poster's tiresome obsession with their perception of the UK's economy/market relative to other countries....

As a Brit I was my country to succeed on the economic stage. I want us to start creating "microsofts, amazons, apples, teslas, amds, nvidas, visas, mastercards, paypals (the list is endless) size companies.

eskbanker

CreditCardChris said:

eskbanker said:

Yay, just what this board needed, yet another tedious rehash of all the previous threads about this poster's tiresome obsession with their perception of the UK's economy/market relative to other countries....

As a Brit I was my country to succeed on the economic stage. I want us to start creating "microsofts, amazons, apples, teslas, amds, nvidas, visas, mastercards, paypals (the list is endless) size companies.

....which was the subject of the most recent of the previous threads linked above.  Do you think that repeatedly airing the same grievance is useful?

CreditCardChris

Linton said:

The UK has a world class economy with industry, manufacturing and development at least comparable with other similar sized developed countries.  The problem is much of the best of it is foreign owned and so not represented in the FTSE100.    However the FTSE250 and below provide plenty of opportunities for an investor.

but why would I invest in a FTSE 250 company that may very well go up 100% or 200% in a decade or so when I can just invest in US companies that go up 500% a few years? It's like shopping in Tesco and getting 4 apples for £1 when you can shop in Lidl and get 10 apples for £1, same brand, same quality, same taste, but way more return for your money. 

grumiofoundation

CreditCardChris said:

Linton said:

The UK has a world class economy with industry, manufacturing and development at least comparable with other similar sized developed countries.  The problem is much of the best of it is foreign owned and so not represented in the FTSE100.    However the FTSE250 and below provide plenty of opportunities for an investor.

but why would I invest in a FTSE 250 company that may very well go up 100% or 200% in a decade or so when I can just invest in US companies that go up 500% a few years? It's like shopping in Tesco and getting 4 apples for £1 when you can shop in Lidl and get 10 apples for £1, same brand, same quality, same taste, but way more return for your money. 

CreditCardChris said:

eskbanker said:

Yay, just what this board needed, yet another tedious rehash of all the previous threads about this poster's tiresome obsession with their perception of the UK's economy/market relative to other countries....

As a Brit I was my country to succeed on the economic stage. I want us to start creating "microsofts, amazons, apples, teslas, amds, nvidas, visas, mastercards, paypals (the list is endless) size companies.

CreditCardChris said:

grumiofoundation said:

What answers/comments are you looking for that you haven't already been given?

https://forums.moneysavingexpert.com/discussion/6115092/whats-going-to-happen-to-the-ftse100-when-bp-and-shell-go-bankrupt/p1

https://forums.moneysavingexpert.com/discussion/6127529/why-do-people-discourage-investing-only-in-the-us-markets/p1

https://forums.moneysavingexpert.com/discussion/6153922/is-my-portfolio-too-risky/p1

https://forums.moneysavingexpert.com/discussion/6167099/comparing-the-biggest-us-companies-to-the-biggest-uk-companies/p1

I want the stubborn boomers of this forum to admit the UK economy is a shambles.

Again have all been covered before. 

You 'know' that apple etc will go up 500% - therefore just buy shares in them. 

Your 'edge' - i. e. your superior knowledge of the world - means you will make huge amounts of money investing and retire early - so why do you care that 'boomers' don't agree with you?

You will then be able to buy a house which of course as all of us millennials know is impossible* for us poor millennials and therefore the most productive use of our time is to complain about 'boomers'. 

*(I was born in 1992 and its not but thats another discussion and a subject on which I'm sure many other threads will be started by you).

https://forums.moneysavingexpert.com/discussion/6107006/welcome-to-the-uk/p1
https://forums.moneysavingexpert.com/discussion/6113777/help-me-understand-why-house-prices-and-rent-wont-rise-faster-than-wages-forever#latest
https://forums.moneysavingexpert.com/discussion/6076136/interest-rates-at-historical-lows-housing-prices-through-the-roof-wages-stagnant-and-brexit#latest

Prism

CreditCardChris said:

Linton said:

The UK has a world class economy with industry, manufacturing and development at least comparable with other similar sized developed countries.  The problem is much of the best of it is foreign owned and so not represented in the FTSE100.    However the FTSE250 and below provide plenty of opportunities for an investor.

but why would I invest in a FTSE 250 company that may very well go up 100% or 200% in a decade or so when I can just invest in US companies that go up 500% a few years? It's like shopping in Tesco and getting 4 apples for £1 when you can shop in Lidl and get 10 apples for £1, same brand, same quality, same taste, but way more return for your money. 

Do you think the revenues and profits of those US companies have gone up 500% in a few years? Do you think that is important in this discussion?