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Is that increase greater or smaller than investing in an S&P 500 tracker would have been? That's gone up 2.1x since mid 2012. I live in the Cambridge, UK. Sinc
by abainbridge 8y ago
Is that increase greater or smaller than investing in an S&P 500 tracker would have been? That's gone up 2.1x since mid 2012.
I live in the Cambridge, UK. Since 2012 it feels like very many things doubled in price: houses, FTSE shares, food, classic cars, software engineer wages. I guess what really happened is someone printed a lot of money and a pound sterling is worth about 60% as much as it was before.