I’ve heard a lot of whining on twitter recently about the state of FI and how it is stagnant.
Firstly I do sympathise with anyone who feels that they have money trapped into the index for longer than they expected, as not many would have predicted this level of liquidity (or lack of) after the announcement. My sympathy is however limited as people should always just have put in what they can afford to lose (as it’s gambling), so should in theory just be able to ride it out with the rest of us knowing that it’ll return to normal.
Fear not my friends, this is just a small bump in the road and will be forgotten in the months to follow, and if you are brave and utilise these large spreads you will be handsomely rewarded - from experience the best time to invest in FI is during these slightly tougher times, rather than a boom period.
I think we all need a bit of perspective and think back to what a normal British bank account would pay us in interest, and how this compares to our returns on FI.
My worst ever trade (until yesterday of course) was Dominic Solanke, and he has now retured me 15% in dividends, which would equate to me having that money in my bank account for 10 years. DOMINIC SOLANKE PEOPLE!! Btw I still own so please buy some shares haha, he’s going to kick on now, I promise.