Comments on: WHAT SHOULD BE DONE TO RESCUE PENSION FUNDS? http://www.johnredwoodsdiary.com/2007/02/22/what-should-be-done-to-rescue-pension-funds/ Conservative Party Member of Parliament for Wokingham Sat, 05 Jul 2008 15:48:29 +0000 http://wordpress.org/?v=2.5.1 By: Steven_L http://www.johnredwoodsdiary.com/2007/02/22/what-should-be-done-to-rescue-pension-funds/#comment-774 Steven_L Fri, 23 Feb 2007 00:24:29 +0000 http://www.johnredwoodsdiary.com/?p=114#comment-774 'Since 2002 stock markets have performed very well, and are now in the UK and US up to new high levels' The spreadsheet I've just downloaded from Yahoo finance reckons the FTSE100 was 3940.4 on 2nd Jan 2003 and has grown to 6357.1 yesterday. The fact remains that on 4th Januray 2000 it was at 6662.9. I'm a bit of a financial illiterate, but strikes me that if at the beginning of 2000 you had all your cash in long funds that mainly invest in UK equities you wouldn't really have made any money over the last 6 years without selling up and migrating to bonds, or gold, or hedge funds, then back to equities at some point. ‘Since 2002 stock markets have performed very well, and are now in the UK and US up to new high levels’

The spreadsheet I’ve just downloaded from Yahoo finance reckons the FTSE100 was 3940.4 on 2nd Jan 2003 and has grown to 6357.1 yesterday. The fact remains that on 4th Januray 2000 it was at 6662.9.

I’m a bit of a financial illiterate, but strikes me that if at the beginning of 2000 you had all your cash in long funds that mainly invest in UK equities you wouldn’t really have made any money over the last 6 years without selling up and migrating to bonds, or gold, or hedge funds, then back to equities at some point.

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