If I had a thousand bucks for every time I have been told or, more usually, read that stock-picking is a mugs’ game and a low cost tracker fund will, in the long run outperform stock picking.
Well I’m jolly glad I didn’t buy a FTSE 100 tracker twenty years ago. Since March the index has gone up to about 5900 but it is still shy of where is was twenty years ago. The companies that constitute the FTSE are cheap, in many cases with good reason, but there are signs that international investors with deep pockets are bargain hunting. If only we knew where the index will be in 2040.
Meanwhile I have been doing my Christmas shopping.
An Advent calendar for Bertie.
“Introducing the NEW JR Advent Calendar which includes our Pure Meat Turkey and Venison Training Treats and a whole pack of Turkey sticks, all wrapped up in our 100% recyclable Christmas calendar.
Our pure meat sticks and training treats are simply irresistible:-
- Suitable for all breeds, both raw and kibble-fed dogs
- No offal, just premium cuts of human grade meat
- Single source protein treats
- Responsibly sourced
- Great for dogs with allergies
- Suitable for puppies 4 weeks and over
Key advantages of these great honest and guilt-free chews include:-
- 100% natural
- Easy to digest
- Naturally low in fat
- High in protein
- Hypoallergenic
- No additives or preservatives
- Healthy and nutritious”
