I strongly believe the FTSE100 is artificial and not giving the actual guidance on the actual UK economy reflection post Brexit. These are my recommendation for safe investors in this turbulent period.
Historically a financial crash have destroyed national economy, companies and families. Most countries takes years or decades to recover and some do not. We have seen some of the largest companies in the world go into bankruptcy. Families have been affected and some even take their own lives. Yes, it is really a gloomy fact which non of us wants to go through. When should we prepare for a financial crash as an personal investor whom have a significant portfolio in stocks and shares? Answer: We must always be prepared for the worse!
It has been difficult trying to own defensive shares for this year (2017) as it is ‘bull’ market with greater than 25 PE ratio for most popular shares on the FTSE. I am not venturing into the US defensive shares because they are too expensive to own at my intended portfolio budget for any dividend reinvestment.