Absolute mule of an index, imo.30 Mar 2021 19:07
I'm just looking at a chart here, that shows the FTSE 100, the Dax and the CAC 40.
You tell me if I'm right to form this opinion.
In the order I've listed above, performance figures over 5 years;
9.6 %, 52.53% and 39.18%
2 years;
- (minus)7.46%, 30.21% and 12.43%
1 year;
22.25%, 55.81% and 38.24%
I've just found a Serps pension that I started in 1987(!) that's done next to nothing, so I'm transferring it to a SIPP.
Even with dividends I'm not sure why anyone would be throwing money at the FTSE.
Undervalued? Possibly so, but I don't see it going anywhere with the energy stocks being such a large part of it.
It seems way too unbalanced in it's constituents, imo.