The surge in the share prices of the UK’s largest companies has brought an old bogeyman — the 7,000 level for our leading index — back into range. So will we hit the big-7K on the FTSE 100 any time soon? And should we even care?
Should we buckle up for the FTSE 100 to hit 7,000… again?
VIDEO: One Fool looks at the roller-coaster ride of the FTSE 100 (INDEXFTSE:UKX).
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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