tjh290633 wrote:It also takes a lot longer if you invest in trackers. Look how long the FTSE100 took to get back to its peak at the end of 1999. September 2016 in my records.
It pays if you do not follow fashion.
There were no global trackers available in the UK in 1999. Here is the performance of the MSCI index in GBP terms:
https://www.msci.com/documents/10199/f0 ... b03288b523
You would have coined it over that period. You may have been able to invest in a US based global ETF, but that was hardly fashionable over here. If you invest in just one small market you may get lucky, but it is much more sensible to spread your risk.