As the FTSE 100 hits an all-time high, is it too late to get in on the boom?

While there may be lots of doom and gloom surrounding the British economic outlook, that is not obvious from the performance of the FTSE 100 index of leading UK shares.

This week, the FTSE 100 hit a new all-time high. Over the past five years, it has grown 49%. That is well below the 98% increase in the US S&P 500 index over that timeframe.

But I think 49% growth in five years is creditable performance. On top of that, the FTSE 100 dividend yield of 3.3% is significantly higher than the 1.3% of the S&P 500.

I already own some FTSE 100 shares. Ought I to invest some more money now to try and benefit from the potential for further future growth?

Still lots to like

I think the answer is yes. In fact, this week I sold some of my holding in one FTSE 100 company to take advantage of rising prices by banking some profits — then invested in another of the index’s well-known…