With the new year upon us as usual there is media speculation from financial pundits on what the FTSE-100 will do in 2014.

It is just an exercise of guess work with clever words. No one can predict the future.

One of the best investment quotes is that of the intellectual giant, John Maynard Keynes.

” Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market “