Spain & the U.K. – unloved & contrarian.

Today, my best Long Term Buy & Hold Equity Index ideas are;

the UK’s FTSE 100 and Spain’s IBEX 35

They are currently trading at 5,897 & 6,713 respectively.

(preferring the FTSE 100 between 2%-4% lower from today)

They are both unloved, contrarian opportunities.

Heck, the FTSE 100 and the IBEX are both trading is trading at the same price they were 22 years ago (in 1998).

Let’s check back in 5 years….

September 30, 2020

by Rob Zdravevski

rob@karriasset.com.au