There could be money to be made by investing in British companies now. The FTSE 100 is now into it fourth swing around a mean position of 4,200. The historical performance over the last 12 months is scary, but I reckon that we’re close to the bottom of the cycle – for equities at least.
There is some astonishing value to be had – check out this article on the Fool spotlighting firms’ whose value is less than their assets. By all means watch for balance sheet debt but its time to take toddler footsteps and jump back in. I am.
Data chart courtesy of the BBC.
Tags: equity, FTSE, investment, market, turnaround
now shares can go up and down… don’t get egg on your face…. but you can’t , they haven’t started laying yet
[...] Back in November I spotted that the FTSE had started to fluctuate around a mean of 4,200. In January I launched my personal FTSE 100 Confidence Project investing £1,000 in a FTSE tracker. I’ve used it as a mechanism to comment on the market in the intervening period. [...]