The graph below shows the progress the FTSE 100 Index has made over the last 6 months. It has only been 3 months since our last review but I felt it would be useful to show the progress made in the markets since January. Let’s not forget the FTSE100 did not get above 6000 points until 2nd January.
How am I doing?
Most clients should see their portfolio totals remain broadly level over this this last 3 month period.
What have you been doing? There have been lots of contract notes flying around
We ran to cash in the first half of March when the markets had climbed 12%, believing it all looked a little too good to be true. The second half of March and much of April rewarded our decision, but we felt decidedly un-comfortable during the first half of May as markets rose very strongly. However June was a shocking month if you were fully invested with markets tumbling. Continue reading “July 2013 Investment Review”