FTSE and Mainstream Media

[scooterscot]

get yer purse out - buy some bitcoin - protect your purchasing power before it's too late

[AtW]

yeah I'm trying the pump a $150 billion marketplace by shilling on cUK. That'll do it.

Did not stop you from doing it in Tulipcoin thread...

[scooterscot]

That's like saying "I put foo into bar and got back meh".

I fear that Scooterscot is trying to pump crypto though.

I'm a sucker like he, but always a hodler.

yeah I'm trying the pump a $150 billion marketplace by shilling on cUK. That'll do it.

[AtW]

Indeed if you have paid £400K into a pension over the past 30 years - In 2 weeks it’s dropped £150K

Right now for those close to retirement the bigger worry should be able to collect any money at all

[tinopener]

Indeed if you have paid £400K into a pension over the past 30 years - In 2 weeks it’s dropped £150K


Sent from my iPhone using Contractor UK Forum

That's like saying "I put foo into bar and got back meh".

I fear that Scooterscot is trying to pump crypto though.

I'm a sucker like he, but always a hodler.

[GhostofTarbera]

FTSE and Mainstream Media

Because most workers of the UK have their pension locked up in the FTSE 100.

The recent 35% plunge just meant your retirement became a whole lot less exciting. Now you're going to tightening your belt in retirement, raining in the expenses, all the while the government is looking for way to increase taxes.

A economic reset is coming.. prepare yourself.

Indeed if you have paid £400K into a pension over the past 30 years - In 2 weeks it’s dropped £150K


Sent from my iPhone using Contractor UK Forum

[scooterscot]

Because most workers of the UK have their pension locked up in the FTSE 100.

The recent 35% plunge just meant your retirement became a whole lot less exciting. Now you're going to tightening your belt in retirement, raining in the expenses, all the while the government is looking for way to increase taxes.

A economic reset is coming.. prepare yourself.

[tinopener]

Why is Mainstream Media obsessed with the FTSE 100?

Some specialised publications push certain funds, but I don't understand why the MSM don't push USA, and probably China now before the FTSE.

The USA S&P500 is a much more important index and what I'm currently mostly invested in, as are most people who put their money with their mouth is.

Interesting tips in this last dip are:

(1) UK smaller companies such as Henderson. Crashed 40% in a month and paying 5% dividend with good discount
(2) Liontrust Russia. Good growth companies that also seem to be paying a 5% dividend (too good to be true dodginess going on here though). Russia took a hit with the the Saudi Oil war too.