Simple investment indicators seem to have gone out of fashion, finds ALAN STEEL
It’s one thing having a flutter on the Grand National. It’s quite another throwing your pensions pot on any retirement income ‘nag’ without taking time first with a professional to study form.
If you read my previous article you’ll recall that I referred to the investor gloom and panic that swept the world, creating record dumping of equity funds, as millions of “savers” blindly rushed to “safety” in the form of bonds, cash and various esoteric sectors which change their names to protect their absolutely duff returns.
Panic and pessimism don’t make good bedfellows, writes Alan Steel