Arpy,
I track the index and (try) to buy low. Very difficult to time it. Don't get conned into thinking the index will perform some sort of magical surge simply because its January. Loads of factors effecting us this year.
A war looming.
US in the s***.
Crap xmas sales.
House prices sliding sideways.
Index bouncing between , say, 3600 and 4200.
etc
Only a few weeks ago the general concensus of opinion by ' experts ' as reported in The Times was for the FTSE to be up 12% ( may even have been 15% ) from the then 4050.By 31st December.
No chance now.
Its risky, believe nobody, but don't be 'out' when it does rise.
My strategy is to buy under 4000 and if it gets to 3600, buy as much as can poss afford.
Fingers crossed. It may end up at 2500 one day!!
Aaahh!!