Gordon Brown has all my money.
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Where have you stashed your cash?
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AlreadyPacked,
you may as well change your name to AlreadyUnPacked, cos with a strategy like this you ain't going nowhere:
'So far I have decided not to buy property until next year earliest.
Two: not to move out of sterling until it recovers.'
I fear anybody without property in the coming inflation will only live to see their cash eroded.
All the best,
Milan.Last edited by milanbenes; 29 September 2009, 06:46.Comment
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This worries me too. So how the flip do you invest in something Far Eastern? Some kind of shares? Or Saudi may be better, or perhaps Canadian.Originally posted by milanbenes View PostI fear anybody without property in the coming inflation will only live to see their cash eroded.Comment
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yes, overseas property will be a double winner, hedge against inflation and the devaluing of the £
Milan.Comment
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I put what spare cash I had in a tracker when the FTSE was at 3500. Hopefully will be leaving it there until the FTSE is back at 7000 plus.Comment
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If that doesn't happen soon, you won't even out-run inflation....Originally posted by OrangeHopper View PostI put what spare cash I had in a tracker when the FTSE was at 3500. Hopefully will be leaving it there until the FTSE is back at 7000 plus.
<scots accent>
DOOOMED
</scots accent>"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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I only move enough back to the uk to pay bills, the rest I keep in Euros or spend.The proud owner of 125 Xeno Geek PointsComment
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One unit trust fund I have invests only in China. There are UK brokers you can purchase them through which reduce the cost of buying/managing them.Originally posted by TimberWolf View PostThis worries me too. So how the flip do you invest in something Far Eastern? Some kind of shares?Comment
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I have an ISA from Legal & General which allows investment in various funds around the world.Originally posted by TinTrump View PostOne unit trust fund I have invests only in China. There are UK brokers you can purchase them through which reduce the cost of buying/managing them."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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