A couple of stats
October 11, 2015 Leave a comment
I went to a brunch briefing recently, titled ” The Future of Europe: An Investor’s Guide” where I was especially impressed with one of the panelists, Louise Cooper. A couple of her observations struck me:
- The effective average retirement age in France is 59; in Japan it is 69
- £100 invested into the FTSE 100 in 1984 would be £1,500 in 2014. However, if the money was only kept in the market on the up days, it would be worth £124tr now. So take with a pinch of salt claims of being able to time the market.