From the Times of London:
The year has got off to a shaky start, so we went to a panel of City experts for their tips on how to beat the market
...Many commentators expect further turmoil, especially those who follow the January indicator. In eight of the past ten years, the first day’s market direction has foreshadowed the outcome for the succeeding 12 months. With the market down 40 points on Wednesday, the indicator suggests a negative year.
Furthermore, if at the close of business on the fifth trading day – Tuesday – share prices are lower than they started the year, then they will almost certainly end the year lower too. The indicator has worked in seven out of the past ten years, although last year was not one of them. The Footsie had fallen 0.4% by the end of the fifth day but finished the year 4% up.
THE GUNG-HO INVESTOR
If you like big risks, these are the tips our panel think will make the biggest returns. They are highly speculative and you should only invest what you can afford to lose.
1 Bullish on Russia
The Russian market is turning out to be many analysts’ top pick. It rose 19% last year, a decent return in most people’s eyes, but well behind the performance of many other emerging markets, especially the 97% gain in China. Investec Asset Management describes it is the most attractive of the Bric (Brazil, Russia, India and China) markets....MORE