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£110 Billion pounds wiped off pensions
12 December 2014, 22:25,
#2
RE: £110 Billion pounds wiped off pensions
Yes it's a concern and it's a big drop for one day, but it's not uncommon and 6-8 weeks ago the FTSE was substantially lower than it was at today's close, but that is just the nature of the stock market.

I think a lot of the Express (and other) articles are just more examples of dramatic reporting, today's fall actually only represents about 2.5% of the market value, despite being the large numbers involved:

[Image: z?s=%5eFTSE&t=1y&q=l&l=on&z=l&a=v&p=s&la...&region=GB]

Come the new year, it will probably climb back up again, as it does in most Januarys:

[Image: z?s=%5eFTSE&t=5y&q=l&l=on&z=l&a=v&p=s&la...&region=GB]

In fact you could argue that now is a great time to invest!
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Messages In This Thread
RE: £110 Billion pounds wiped off pensions - by Devonian - 12 December 2014, 22:25
RE: £110 Billion pounds wiped off pensions - by Steve - 12 December 2014, 23:03
RE: £110 Billion pounds wiped off pensions - by Sunna - 13 December 2014, 02:06
RE: £110 Billion pounds wiped off pensions - by Steve - 22 December 2014, 19:05

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