When will the FTSE hit 6000?

domtheone

Yes all sorts of problems that our masters will not address.

Not going to get any returns stashing cash in the bank now for the rest of our generation so equities (and obviously property given the ongoing crisis) should give decent returns.

In a crazy way, i wouldn't mind another FTSE crash like 2007.  Great chance to pick up bargains as it always recovers.

Till the next crash.

imightbewrong

Did you just suggest investing in property?

johntheexpat

Obviously it depends on several factors, but if you invest now in the top 50 of the FTSE, you should get a decent dividend cheque, regardless (to an extent) of how the shares perform from now on.

Estimated Dividend Yield Rankings of FTSE 100 Company - Bloomberg Business


If you want growth in share value, its practically impossible, but if you want income to live off or re-invest, things don't seem to be too bad.  The 50th placed share pays about 3.6%.

Normally, you work on the basis that the higher the yield, the more risky the share, but I really don't think that Shire are the safest business in the FTSE and Resolution the worst.  In fact, I would go as far to say that Tullow, Rangold, Arm and Shire are four that I really wouldn't want to invest in at the moment

tapzilla2k

Well it would threaten the transfer of wealth from the poor to rich.

I'd rather buy gold than properties. Given I can see the UK Housing market imploding on several fronts not least those in work being unable to afford to rent in the private sector.

Depends if it's a normal crash or the start of an Economic Depression. At the moment things are looking rather dicey as to which way it will end up. Plus given our level of national debt, I doubt we'd be able to bail out a piggy bank.

domtheone

Nope. Never.

Given our obsession with it though, and the fact that governments and banks alike are 100% committed to keeping the bubble afloat......you could do worse.

domtheone

Boy i so wish you were right.

Sadly, i cannot see it happening now.  The bubble is so big, it cannot be allowed to fail.  At all costs.

johntheexpat

So, 6000 at about a quarter past midday on 24 August 2015.  Thread title change, anyone?  When will the FTSE hit 5000?

domtheone

At this rate, Friday

weaponx031277

Agree. Lost my job week before the financial crash. Missed out on a hell of alot of stuff, including the Woolies closing down sale, share offers and cheap property.

domtheone

Surprise surprise.

FTSE tanks and the DOW recovering again.   

Pretty sure half of these collapses are just a way of getting the weak to sell their shares to hungry buyers.

Down 1000 to down 100 with no change of news.   You couldn't make it up.