So why is the FTSE 100 nearly at a 52w high?

So why is the FTSE 100 nearly at a 52w high?

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Phooey

Original Poster:

12,601 posts

169 months

Wednesday 20th July 2016
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smile

Well, shows how much I know... thought it was going to nosedive after news of Brexit. It's now not too far off a 52w high! Is this a bit unusual, or just the way markets work?




Phooey

Original Poster:

12,601 posts

169 months

Wednesday 20th July 2016
quotequote all
Terminator X said:
shocker

TX.
lol, shocked me! hehe

seriously though - try to watch it a bit more now I have a few quid in a S&S ISA and was tempted to put it into cash temporarily - only because *I* thought the FTSE would go down. My advisor said *he* wouldn't, and as it's a long-term savings plan (instead of pension), I took his advice...

Phooey

Original Poster:

12,601 posts

169 months

Thursday 11th August 2016
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6914.71

7000 and I'm retiring biggrin

Phooey

Original Poster:

12,601 posts

169 months

Thursday 11th August 2016
quotequote all
Ozzie Osmond said:
We've already had a whip-round and the cuckoo clock is on order..... smile
lol. I'm not going anywhere... got another decade or 2 before I I need to learn to play golf and bowls.