Sensible investment ideas

[SuperZ]

Why not buy a bigger house in the UK and then sell in 2 years time, and double your money?

Dream on.Will be lucky if prices double over the next 15-20 years.

[DimPrawn]

Dream on.Will be lucky if prices double over the next 15-20 years.

http://news.bbc.co.uk/1/hi/business/8194768.stm

I reckon prices will double in the next few weeks at this rate.

[HairyArsedBloke]

So, I'm just about done paying off my debts, have about 6 months worth of warchest in the bank and I'm looking to start investing about £1k a month.

Do the panel have any particular recommendations? I'm looking fairly short term (1-2 years) before I take it all out and disappear off to Oz

How about buying Ozzie shares? That will cover some of your currency risk. There was a report going round a short while ago (I can't find it now [edit: see below]) projecting strength in the commodity currencies, such as AUD etc, as the global economy recovers.

Edit:
I remember now. It was Nouriel Roubini. Here is what the Telegraph reported.

[Gonzo]

Not actually such a stupid idea: they've got (or at least should have) a near-sovereign rating.

Yes. But that is the UK sovereign rating which in six months time will be worth zip.

[SuperZ]

http://news.bbc.co.uk/1/hi/business/8194768.stm

I reckon prices will double in the next few weeks at this rate.

I won`t take much notice of what is reported regarding prices until real liquidity returns.

I don`t think we`ll see quick upward movement in house prices unless banks go back to their naughty ways. If prices are still out of reach for many people (based on 3*salary), what will drive the market quickly higher?

I`m a BTL`er but my gut feeling is that the days of such dramatic moves upwards in house prices are gone for now.

[Menelaus]

I won`t take much notice of what is reported regarding prices until real liquidity returns.

I don`t think we`ll see quick upward movement in house prices unless banks go back to their naughty ways. If prices are still out of reach for many people (based on 3*salary), what will drive the market quickly higher?

I`m a BTL`er but my gut feeling is that the days of such dramatic moves upwards in house prices are gone for now.

WHS.

Actually, keep an eye out on the mortgage trade press in w/c 24th August.

[AlfredJPruffock]

. If prices are still out of reach for many people (based on 3*salary), what will drive the market quickly higher?

A new Factor of say * 5 salary should boot the housing engine back into HyperBoom mode,