Wish I had the stats and expertise of others; also, that I could say what exactly is the best measure of inflation. By RPI, the FTSE hasn't gained since 1997, which feels about right to me; that's when I started to formulate my personal survival plan.
Unfortunately, because of a plague of spam comments, you need to be a "registered user", otherwise your observations will be buried in a torrent of multilingual nonsense. Please do comment!
Say what you please, so long as it's phrased politely and is not libellous or legally proscribed. Fact, reason and wit are keenly welcomed.
Migh be more fun to adjust for MX (where x=1234).
ReplyDeleteWish I had the stats and expertise of others; also, that I could say what exactly is the best measure of inflation. By RPI, the FTSE hasn't gained since 1997, which feels about right to me; that's when I started to formulate my personal survival plan.
ReplyDeleteP.S. Perhaps someone could chart it against house prices, and the cost of a Mars Bar.
ReplyDeleteAv Post tax Wages.
ReplyDeleteInteresting - can you do it?
ReplyDeleteMars Bars were 99p per pack of five in our Co-op recently. Bargain!
ReplyDeleteConclusive proof that we are undergoing deflation. See this 1983 article on the Mars Bars Index:
ReplyDeletehttp://specials.ft.com/nicocolchester/FT3XZDJSEIC.html
Doing it against average wages would be good, here's the calculator that I use
ReplyDeletehttp://www.measuringworth.com/ukcompare/
And can you go any further back (using an older index), to test the theory that "The stock exchange goes up under the Tories and down under Labour"?
Thanks, Mark, will have a look.
ReplyDeleteAs to the second, I believe there is a correlation between the period running up to a General Election, and a rise in the stock market.