tag:blogger.com,1999:blog-2875915890415125655.post561285345432055160..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: Valuing the UK Stock Market (FTSE 100) - October 2014RetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-2875915890415125655.post-19794901891276599942014-10-25T19:19:03.442+01:002014-10-25T19:19:03.442+01:00I have no choice, because it's in an AVC. I d...I have no choice, because it's in an AVC. I do hope I'll be able to move it into a SIPP next year, or Osborne, the Great Liberator, will have lived in vain.deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-49724487838938518442014-10-25T15:08:08.669+01:002014-10-25T15:08:08.669+01:00With 6 figures now tied up in the Vanguard UK Equi...With 6 figures now tied up in the Vanguard UK Equity Index Fund I also hope I'm right... Of course as you know I have no idea what the future holds and instead I continue to build a diversified portfolio of assets in line with my long term strategy.<br /><br />Out of interest which UK equity index tracker are you looking to buy?RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-32094721060047673952014-10-25T12:42:22.942+01:002014-10-25T12:42:22.942+01:00I'm planning our first foray into a passive UK...I'm planning our first foray into a passive UK equity-tracker fund. You'd better be right, RIT.deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-59708563438128752382014-10-21T20:32:23.682+01:002014-10-21T20:32:23.682+01:00Let's run an example and see:
- July 1993 to S...Let's run an example and see:<br />- July 1993 to September 2014 has seen the CPI increase by a factor of 1.5620. As posted this provides a CAPE to 5 Year Nominal Gain correlation of -0.47.<br />- In contrast the RPI has increased by a factor of 1.8308 over the same period. This provides a correlation of -0.41. So actually worse than the CPI.RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-85018273312190327542014-10-21T19:55:04.464+01:002014-10-21T19:55:04.464+01:00Apologies, poor wording on my behalf. I'm usi...Apologies, poor wording on my behalf. I'm using the US Equity dataset that has been generously published by Professor Robert Shiller as my basis. It is my understanding that this has been built using the S&P 500 from March 1957 (as you rightly mention). Into this it then splices the S&P 90 (from 1926), the S&P 233 (from 1923) and US stock data compiled by Alfred Cowles (1871 toRetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-152173489850958872014-10-21T19:44:29.346+01:002014-10-21T19:44:29.346+01:00Would you be prepared to share the equities purcha...Would you be prepared to share the equities purchased and your reasoning? It might give some readers (and myself) inspiration for further research. RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-49615777704860920102014-10-21T14:43:55.358+01:002014-10-21T14:43:55.358+01:00Excellent post. One question though. I see you u...Excellent post. One question though. I see you use CPI as a means of establishing inflation, but I'm suspicious of anything published by Government that can be manipulated. I'd be intrigued to know if a PE10 calculated on some other inflation measure would achieve a better correlation with 5 year (or 10 year) nominal FTSE capital growth.Bordererhttps://www.blogger.com/profile/08968811078766465187noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-19310860029270553942014-10-20T13:36:58.651+01:002014-10-20T13:36:58.651+01:00Thanks for your insightful analysis. I always look...Thanks for your insightful analysis. I always look back here for a "state of the market" temperature check.<br /><br />You mention that you have S&P 500 data back to 1881, but surely the index was only formed in 1957?Raconteurnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-25088460540907782332014-10-19T19:05:13.813+01:002014-10-19T19:05:13.813+01:00Interesting post, I just bought a couple of shares...Interesting post, I just bought a couple of shares into the dip, similar (but less sophisticated) reasoning than you.<br />DoHAnonymousnoreply@blogger.com