With 2013 behind us, and the New Year stretching out ahead, time for a look back at the experience of last year and the possibilities for 2014. I think that it is fair to say that last year was quite a successful one for investment markets. The FTSE100 closed up 14.4%, but with the addition of dividends, this rises to 18.7%. On a similar ‘total returns’ basis, the FTSE250 ended up 32.3% and the All Share, 20.8%. All very creditable, especially when compared to a static Bank Base Rate of 0.5% and the best of the High Street saving accounts struggling to return as much as a couple of percent.
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