No one should invest their pension in the stock market, it’s just second hand paper and it doesn’t provide a real return anyway. Bonds are much better for the investor.
FTSE 100 hits fresh all-time high as inflation and recession fears ease
Index rises to 7934.30, pushing it above previous record set on 3 February
What they portray is a broken country where some are enjoying considerable wealth generated at cost to the majority in its population.
It is impossible for me to believe that this situation is now sustainable unless, of course, representative government is suppressed. I cannot see how most people will continue to put up with this. And nor should they.
The returns from sotck market investing so concentrate wealth that democracy itself is under threat.
Amazingly, yes Spud does seem to believe both. That shares don’t create a return and also that the return is such as to be dangerous.
As to that damage to the country – shush, no one let on that 75% of the FTSE100 is foreign income…..