Defensive portfolio

[DimPrawn]

Huh? If inflation goes up, the main way the Reserve Bank has to combat this is to raise interest rates.

The higher the interest rates, the more interest you pay .........

Perhaps MB is suggesting a fixed rate mortgage (BTL) if such a thing exists these days.

[DimPrawn]

It's a very good question.

IMHO the pound has already devalued greatly against the Euro, I would be more tempted to hold USD, where the pound is still relatively strong.

I am looking at US equities that are based around land and property, has land and property prices in the US have taken a massive hammering and look good value.

Eg.

http://www.google.com/finance?client=ob&q=NASDAQ:ALCO
http://www.google.com/finance?q=NYSE%3ATRC

This way, you get benefit of any rise in the US dollar against a sinking pound and are buying companies whose income and price is based on the value of US land and property.


The option is to diversify into some funds that hold a broad range of things in many currencies(e.g. a fund that yields over 8% and invests globally).

http://www.share.com/cgi-bin/oicgi.e...et&param1=7681

Or something like this.

http://www.share.com/cgi-bin/oicgi.e...t&param1=10093


Or perhaps take a punt on a dying pound by putting into a USD denominated account and sit and wait for the collapse.

http://www.citibank.co.uk/personal/b...?merchant=citi

[NeverBeenNorthOfTheM25]

in my humble opinion, if you think inflation is coming,

then use the 30k as a deposit on a mortgage for a property

following the inflation the mortgage will be deflated down

very nice

what does the congregation think, shirley if inflation is coming, now is the
time to take a mortgage ?

Milan.

Huh? If inflation goes up, the main way the Reserve Bank has to combat this is to raise interest rates.

The higher the interest rates, the more interest you pay .........

[Andy2]

Serious advice. Don't buy individual shares, thats the quickest way to lose money if you dont know what you are doing. Buy some index tracker fund/etf instead.

[AtW]

Trip wires...

Now that's a defensive use of grenades... for safety reasons a relevant sign would need to be displayed around the area that may have them

[Moscow Mule]

No, that would be excessive - grenades are too indiscriminate and usually used in offensive operations in urban environments.

Trip wires...

[Jeebo72]

in my humble opinion, if you think inflation is coming,

then use the 30k as a deposit on a mortgage for a property

following the inflation the mortgage will be deflated down

very nice

what does the congregation think, shirley if inflation is coming, now is the
time to take a mortgage ?

Milan.

Don't call me shirley ...

[AtW]

and some hand grenades

No, that would be excessive - grenades are too indiscriminate and usually used in offensive operations in urban environments.

[milanbenes]

in my humble opinion, if you think inflation is coming,

then use the 30k as a deposit on a mortgage for a property

following the inflation the mortgage will be deflated down

very nice

what does the congregation think, shirley if inflation is coming, now is the
time to take a mortgage ?

Milan.

[Andy2]

Glock 9mm, MP5 PDW, RPG 7.

HTH

and some hand grenades

[AtW]

Glock 9mm, MP5 PDW, RPG 7.

HTH

[Jeebo72]

Might as well just spend it.

LLOYDS 10K, BARCLAYS below £3 5K, Centrica 5K, 10K ISA etc ...

[TimberWolf]

Okay I've got 30K I want to defend against the worst of a further, or substantial, Sterling devaluation and hyperinflation. I was thinking of diversifying into:

5K Tesco shares
5K BP shares
5K Gold
5K Euro
10K in a 'high' interest account

Any good