Holding on to your savings

[sasguru]

No interest from banks, not yet time to invest in property or the stock market. It's difficult to know what to do.

I suggest the following

1/3 in Gold
1/3 in Swiss Francs
1/3 in Sterling/selected shares

[Ruprect]

Thanks

[lilelvis2000]

Thanks. I only have £6.45 in my bank account. what shall I do with that?

[Number9]

No interest from banks, not yet time to invest in property or the stock market. It's difficult to know what to do.

I suggest the following

1/3 in Gold
1/3 in Swiss Francs
1/3 in Sterling/selected shares

Gold and the dollar are very high, go ahead ! great bit of advice ! Should we save our Easter eggs too ?

[sasguru]

The point is that Labour tinkering is likely to result in massive inflation in the long run so don't keep all your money in sterling.

HTH

[PM-Junkie]

Thanks. I only have £6.45 in my bank account. what shall I do with that?

Buy Iceland?

[Purple Dalek]

Should we save our Easter eggs too ?

Yes, chocolate will be expensive later in the year.

[DimPrawn]

No interest from banks, not yet time to invest in property or the stock market. It's difficult to know what to do.

I suggest the following

1/3 in Gold
1/3 in Swiss Francs
1/3 in Sterling/selected shares

Seems pretty reasonable tactic to me.

I would be tempted by oil too. Depends on how many years you are planning to hold on to your investments.

Cash in a bank might not appreciate much interest, but it's a very liquid way yo hold your wealth at the moment if you see an opportunity to make money appear at short notice.

[BrilloPad]

No interest from banks, not yet time to invest in property or the stock market. It's difficult to know what to do.

I suggest the following

1/3 in Gold
1/3 in Swiss Francs
1/3 in Sterling/selected shares

Apparently Merrill Lynch say that clients favour physical gold over ETFs. Things are that bad.

[TimberWolf]

What about beans? They should be a relatively safe way to hold onto savings, if not necessarily turn a profit. You can even eat them.