Phoenix Share Discussion Threads

[bamboo2] 20/8/2021 10:01

skinny, can you show a long term chart comparison of UKX with and without dividends re-invested? Would be interested to see the compounding effect.

[williamcooper104] 20/8/2021 09:34

That's a good point The ftse 100 has also been weakened by having large dogs - eg at one point vodaphone was near 15 percent of the index And then of course we have large weighting to banks and oil companies And even in better sectors, for AZN we also have GSK I'm not put of investing in ftse companies; just wouldn't touch a Ftse etf/tracker

[williamcooper104] 20/8/2021 09:29

Compare the S&P to Ftse returns over 10 and 30 years Currencies impact on the ftse can't be ignored as you can't assume that you'll get the same currency devaluation in future (at least I hope not), personally I'm slightly bullish, or at least much less bearish on Sterling now than was a few years ago

[skinny] 20/8/2021 09:25

A bit like "trigger's broom" as the constituents of the indexes change over time, but .....

[nerja] 20/8/2021 07:48

Far better to look at MCX than UKX to get a clearer picture what’s happened to uk companies since 2000, the mid cap has gone from 6000 ish in 2000 to 23600 now

[rcturner2] 20/8/2021 07:24

I accept your point about inflation, but currency movement is irrelevant to returns. However choosing 20 years as your reference point is clearly to try and back up your argument. If you choose 30 years or 10 years then the performance has been superb. I couldn't care less what the value of the FTSE was 20 years ago it is irrelevant to my returns as I suspect it is to most investors.

[williamcooper104] 19/8/2021 22:09

Last 10 years have been amazing for coining in; QE infinity and asset price inflation But the Ftse 100s historic performance is woeful compared to the S&P never mind the Nasdaq; and even more woeful not adjusting for the depreciation of Sterling

[rcturner2] 19/8/2021 20:27

I think you need to look at the FTSE 100 chart more closely. The FTSE is currently over 7000, a value above the level 20 years ago and way above the level 30 years ago.

We had a big sell off after the financial crisis and since then it has been a huge bull market. Most investors have coined it in for the last 10 years I know I have.

[my retirement fund] 19/8/2021 18:21

All very easy to talk up the UK RCT but it doesn't help return on equity, we are still in a FT100 20 year bear market that shows no signs of reversing. More over for all the great things we have done throughout history we seem to have an ever increasing list of stupid things we have done such as supporting the Americans in Afghanistan which will clearly prove to be an extraordinary expensive mistake and for example leaving the EU which is probably the most economically damaging action we've done within my lifetime!

[rcturner2] 19/8/2021 17:21

It is fashionable to knock the UK, but we are still one of the biggest economies in the world, probably 5th after US, China, Japan and Germany. We have a number of long term embedded advantages, such as the English language and the UK university system. Oxford and Cambridge are frequently cited as the best 2 universities in the world, we have an extremely well educated and mobile workforce. You might knock the FTSE but it is still home to some huge companies, easily comparable with places like France and Germany. We also are very strong in many important long terms sectors such as tourism, sport, entertainment/music/fashion and other creative industries. We have huge wealth (it is often a mistake to focus on gdp growth and per head gdp as that does not fully reflect wealth already created). Many US tech companies have sited their European headquarters in the UK because of the quality of the UK tech sector in AI and biotech for example.

[boystown] 19/8/2021 14:21

Bought a few at 630p fwiw. Will buy more if it falls to 610p when Swiss sell their remaining 6.63% at the end of September

[adejuk] 19/8/2021 14:06

still 10% down in two months and currently a finger cutter

[fenners66] 19/8/2021 11:15

@ Porsche1945 Pound down from 2006 levels.. ok.
11 years straight - when from 2006 to 2017 because its been going up hence the trend referred to above.

So I guess in your world there is no such thing as a recovery in , currency, therefore I have to infer , share prices, commodities, index's or whatever.

Only buy something that is always going up ?
So you were buying Bitcoin huh?
Anyone who followed that logic , must be the ones who bought at $50k ....oops !

As discussed previously , you have to pick your timing and your targets

As also mentioned, 1,425,000 % GAIN has been available on a current FTSE member over about the last 20 years ......

Now which of those massive US gains did you forecast correctly again ?

[boonkoh] 19/8/2021 09:28

Drop today isn't so bad when taking into account 24p dividend. Surprised its not down even further.

[rogerramjett] 18/8/2021 07:10

Sorry, forgot to add that funds can be a good option for further diversification. Even they need careful review and research

[pete160] 17/8/2021 22:41

Hmm, yes, I thought the same with vod and with IMB - but they're both now half the price

[rogerramjett] 17/8/2021 21:34

Already my largest holding in the bluechip divi stocks PF. Will continue to add.

[richardbroughton] 17/8/2021 19:45

At 7% in ISA double your money tax-free in 10 years. End of! Unless it's a scam of course!

[schofip] 17/8/2021 18:03

Not everybody wants a dividend as it is income. A lot may have sold and will buy back ex div.

[spcecks] 17/8/2021 17:16

I’m happy to accumulate more shares at these prices for the long term and dividend.

[cwa1] 17/8/2021 16:40

Day early. XD on Thursday

Don't really see why it is a particular problem or "carry on" with it dropping on XD day either. That seems the only logical outcome barring any other mitigating factors

[my retirement fund] 17/8/2021 16:38

Blood bath tomorrow as it goes ex divided, what a carry on. The board need to hang their heads in shame.