my prediction(originally made when the FTSE was over 6000) that we’d see it dip below 4000 by christmas was way off. we’re already there (3,932 at close today).
the only people smiling must be all those who have contributed nothing in the last few years (me included) into a pension scheme. what a great way to make yourself poorer. pity those just retiring now. those who were told they would get a pension they could live on, but now find themselves on social security for the rest of their lives.
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