If you are thinking why is my pension fund going down then you are not alone, like this guy
seeing a huge reduction in pension values as more and more withdraw their money
‘How did my pension drop by £122,000 in a few weeks?’
Although there are many reasons for this the one that I believe is the most damming factor is QE , from the graph below 25% of UK debt is due to QE , printed money that is watering down the rest of the pot.
https://www.economicshelp.org/blog/6...ernment-money/
You might think as the QE gets paid back , by the way its your debt not the BoE , then pensions will increase in value but I dont believe that this is the case. From the analysis here you can see that we wont be paying any deficit down until 2060 , when all of you except Vetran will be long gone, so UK Gov will be borrowing more to replace the borrowing they paid back and QE comes with the lowest rates.
Britain's debt will not fall to 2008 levels until 2060s, IFS says in startling warning | The Independent
As your getting about 4.3K average right now per 100K from a pension fund then property is out of the question unless you rent in London , income tax and maintenance costs pretty much make this a non starter as your not likely to make a lot more than the 4.3K profit even if you get a good payer.
Therefore the only real option is gold
seeing a huge reduction in pension values as more and more withdraw their money
‘How did my pension drop by £122,000 in a few weeks?’
Although there are many reasons for this the one that I believe is the most damming factor is QE , from the graph below 25% of UK debt is due to QE , printed money that is watering down the rest of the pot.
https://www.economicshelp.org/blog/6...ernment-money/
You might think as the QE gets paid back , by the way its your debt not the BoE , then pensions will increase in value but I dont believe that this is the case. From the analysis here you can see that we wont be paying any deficit down until 2060 , when all of you except Vetran will be long gone, so UK Gov will be borrowing more to replace the borrowing they paid back and QE comes with the lowest rates.
Britain's debt will not fall to 2008 levels until 2060s, IFS says in startling warning | The Independent
As your getting about 4.3K average right now per 100K from a pension fund then property is out of the question unless you rent in London , income tax and maintenance costs pretty much make this a non starter as your not likely to make a lot more than the 4.3K profit even if you get a good payer.
Therefore the only real option is gold
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