📨 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!

FTSE100 Futures indicating an open below 7000...

124

Comments

  • EdGasketTheSecond
    EdGasketTheSecond Posts: 2,558 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    FTSE pretty much back to its year 2000 peak. I thought shares were supposed to go up long term?? 18 years and no gains?? Be dead before I get a return.
  • Alexland
    Alexland Posts: 10,183 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    EdGasketTheSecond wrote: »
    FTSE pretty much back to its year 2000 peak. I thought shares were supposed to go up long term?? 18 years and no gains?? Be dead before I get a return.

    There were plenty more frothy fantasy valuations around in that period than now.

    Still its a game of total return not index values.

    Alex.
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    EdGasketTheSecond wrote: »
    FTSE pretty much back to its year 2000 peak. I thought shares were supposed to go up long term?? 18 years and no gains?? Be dead before I get a return.
    lols [and added text to meet minimum post length requuirements]
  • ColdIron
    ColdIron Posts: 9,949 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    EdGasketTheSecond wrote: »
    FTSE pretty much back to its year 2000 peak. I thought shares were supposed to go up long term?? 18 years and no gains?? Be dead before I get a return.
    No gains? Excepting 18 years of dividends I suppose you're right :)
  • sixpence.
    sixpence. Posts: 295 Forumite
    Sixth Anniversary 100 Posts Name Dropper Combo Breaker
    ColdIron wrote: »
    No gains? Excepting 18 years of dividends I suppose you're right :)

    Huh? The FTSE was worth 6000 in 2000 and now it's worth 7, what do u mean?
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    edited 23 March 2018 at 8:35AM
    sixpence. wrote: »
    Huh? The FTSE was worth 6000 in 2000 and now it's worth 7, what do u mean?
    He was referring to "its 2000 peak" in the dotcom bubble which was actually 30 December 1999, at a level of 6950ish.

    Today's open will be lower than that, so a naive person who doesn't know what the index represents will say 'ooh good job I didn't invest back then as it hasn't even gone up'. If you're not a naive person it's obviously a nonsense because anyone holding the constituents of the FTSE since then will have received loads of dividends at 3-4%+ per year which if reinvested in the index as received would deliver a substantial gain.

    EdgasketII's comment was presumably parodying people who don't understand markets and think that the fact that the index 'hasn't gone up' means that anyone holding an index fund would not have made money. Of course, we all know they would have broken even only a few years after starting to make losses from that previous high point, unless they take their received dividends and throw them in the bin rather than save or reinvest them for a decent total return. Not that the FTSE100 is a particually good index to track or invest in, it's just the one you see in financial headlines which is why the OP brought it up.
  • dividendhero
    dividendhero Posts: 2,417 Forumite
    edited 23 March 2018 at 12:53PM
    EdGasketTheSecond wrote: »
    FTSE pretty much back to its year 2000 peak. I thought shares were supposed to go up long term?? 18 years and no gains?? Be dead before I get a return.

    Could be worse, you might have invested in Japan in the 80's - Nikkei is still nowhere near it's peak from 30 years ago. Oh and Japanese dividends have been minuscule
  • ffacoffipawb
    ffacoffipawb Posts: 3,593 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    The manipulation continues ...

    DJIA 23,714.36 -243.53 (-1.02%)

    Getting boring now.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    dividendhero wrote: »
    Could be worse, you might have invested in Japan in the 80's - Nikkei is still nowhere near it's peak from 30 years ago. Oh and Japanese dividends have been minuscule

    Have you factored in deflation?
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    ffacoffipawb wrote: »
    The manipulation continues ...

    DJIA 23,714.36 -243.53 (-1.02%)

    Getting boring now.
    What, is getting boring now? Your several complaints about the markets going down a bit, as you express your displeasure several times in the same thread and blame it all on corruption and manipulation.

    Did you ever think that, y'know, markets just go up and down sometimes?

    You probably weren't complaining when the stock market was 'manipulated' up from March 2009 levels to Jan 2018 levels with a combination of money printing, the lowest interest rates in 300 years, and the announcement of massive tax giveaways to US consumers and corporations. As an equity investor that would have suited you quite well. Then equities are down a few percent and it's all, hey the president's a moron and markets are being pulled around by corruption. You knew he was a moron ages ago and the markets have only just turned.

    If you don't like the direction of the markets but find it boring to wait around until they reach some perfect price, you could always bet on them falling, or invest in other markets, or watch for individual situations on decent stocks being oversold due to temporary situations. I added some Lloyds preference shares ten days ago at 148p and some more on Monday at 151p, they closed back up at 166p today and will pay 4.625p every May and November. Until they don't. :)
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.6K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.6K Work, Benefits & Business
  • 599.9K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture