What to do with £100k invested over 5 to 10 years

Steve182

intgomo said:

I'd not considered VCTs before so thanks for the idea @george4064 and the health warning @Alexland.
Found this one, which certainly illustrates the high charges.  Performance over last 5 years on a declining trajectory too.  Will do some more research.

VCT's have not performed that well in the past few years but that's a reflection of the wider UK stock market. I'm more enthusiastic about investing in the UK this year than I have been for some time and I'm currently awaiting a small window of opportunity to invest in Amati AIM VCT when it opens for new subscriptions between now and April. It's very likely be over subscribed quickly. 

Its share price has done well post the initial covid crash, 30% tax relief if you hold for 5 years and tax free dividends!

BananaRepublic

How will Boris and his merry band ‘boom’ the economy? 

Steve182

BananaRepublic said:

How will Boris and his merry band ‘boom’ the economy? 

Not sure about the economy booming, but some catching up of lost ground is generally expected after many years of under performance of UK stock market....... 

DiggerUK

BananaRepublic said: How will Boris and his merry band ‘boom’ the economy? 

I'm not exactly sure what you were up to In the boom preceding GFC1, but if you check you will find oodles of cheap, easy to get hold of liquidity. 

We've had a government elected that was not a fan of austerity with lots and lots of shovel ready infrastructure spending, such as housing and HS2, put on hold because of Covid19. Don't forget it wasn't Labour that wacked up minimum wage.

We are quite likely facing substantial rises in unemployment that will probably be the ground zero justification for Universal Income. That will  put economic stimulus in all people's pockets, a poor persons QE if you like.
Whatever they do they will need to do it large and fast. The UK has taken on increased borrowings, debts and spending to equal post WW2, so this time it at least looks different.

Seriously, what kind of a butter wouldn't melt in your mouth question is it you ask. 
I could be way off the radar of course..._

poppy10_2

Steve182 said:

BananaRepublic said:

How will Boris and his merry band ‘boom’ the economy? 

Not sure about the economy booming, but some catching up of lost ground is generally expected after many years of under performance of UK stock market....... 

We've been waiting over 20 years for the under performance of the UK stock market to correct. FTSE 100 is lower than it was in the 90s. Time to call it quits. UK economy is a basket case

sevenhills

BananaRepublic said:

How will Boris and his merry band ‘boom’ the economy? 

In 2020 quantitative easing was £2,285 billion, much, much more, even than after the 2009 crash.

https://www.bankofengland.co.uk/monetary-policy/quantitative-easing

Steve182

poppy10_2 said:

Steve182 said:

BananaRepublic said:

How will Boris and his merry band ‘boom’ the economy? 

Not sure about the economy booming, but some catching up of lost ground is generally expected after many years of under performance of UK stock market....... 

We've been waiting over 20 years for the under performance of the UK stock market to correct. FTSE 100 is lower than it was in the 90s. Time to call it quits. UK economy is a basket case

Nothing wrong with the UK economy, just the FTSE100 that's performed badly.
UK GDP compound growth rate 2010 to 2019 = 20.3%
US GDP compound growth rate 2010 to 2019 = 25.3%
Raw data from here - https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG

Look at S & P 500 vs FTSE100 past decade and yes the FTSE has been a bad joke in comparison, but I don't generally invest in FTSE100 these days, except for one core holding in a FTSE100 company that's up >100% in the past year (no prizes for guessing which).

My UK investments are almost all in FTSE250 and AIM and overall they have been doing just fine. 

This study appears reasonably upbeat about the prospects for our economy 
https://www.pwc.co.uk/who-we-are/regional-sites/northern-ireland/press-releases/world-in-2050.html

Thrugelmir

poppy10_2 said:

Steve182 said:

BananaRepublic said:

How will Boris and his merry band ‘boom’ the economy? 

Not sure about the economy booming, but some catching up of lost ground is generally expected after many years of under performance of UK stock market....... 

We've been waiting over 20 years for the under performance of the UK stock market to correct. FTSE 100 is lower than it was in the 90s. Time to call it quits. UK economy is a basket case

70% of revenues for FTSE 100 companies is generated overseas.  Suggest you read a better quality daily business newspaper.

poppy10_2

Thrugelmir said:

poppy10_2 said:

We've been waiting over 20 years for the under performance of the UK stock market to correct. FTSE 100 is lower than it was in the 90s. Time to call it quits. UK economy is a basket case

70% of revenues for FTSE 100 companies is generated overseas.  Suggest you read a better quality daily business newspaper.

Which daily business newspaper shows the FTSE 100 being higher now than it was in 1999?

Alexland

poppy10_2 said:

Which daily business newspaper shows the FTSE 100 being higher now than it was in 1999?

You seem to have forgotten investor return includes a healthy rate of dividends - higher than found elsewhere.
It's true market buyers have pushed US share prices much higher including some speculative bubbles forming (not a lot you can do about that) but on a fundamental valuation basis the UK market is not a basket case and has done reasonably well and could now be an opportunity to buy some quality growth companies at reasonable prices.