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House Price Crash Forum


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About tune2001

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  1. I've looked at this too. Spreadbetting appears to be a great way of playing this. You get a fairly high yield from your GBP Cash ISA, while taking a put on a foreign currency such as Yen. What I found was, on IGIndex anyway, if you look at a far quarter currency GBP/JPY play (ends Mar 08) you have to pay a 24 point spread! This is exceptionally high and makes it pretty much unusable.
  2. And what coins would they be? I have a mix of Krugers, Eagles and Maples... Are you after specific coins or specific coins in specific years?
  3. If the govt guarantees the value of the money in NR, essentially making risk-free deposits, wouldn't the value of sterling rise as the world and his wife ploughed their money into it? ....Or am I missing something subtle?
  4. Que? http://money.uk.msn.com/specials/interest_...umentid=4889812 "The Bank of England voted in favour of a half-point interest rate rise to 5.75% this month. Experts have warned that today’s rise, which is larger than expected, will leave millions of Brits struggling to meet their mortgage repayments, prevent would-be first-time buyers from getting onto the property ladder and could lead to a major cutback in consumer spending."
  5. I was wondering the exact same thing. I've been waiting to see if there'll be a buy in point for these shares but I wasn't expecting this! I haven't seen any news that could cause this either...
  6. ...So the best thing you can do when things come down is to hold cash? Because it will be worth more relative to those depreciating assets. Gold while there is excess liquidity and cash as the deflation kicks in.
  7. "My tax code will also shortly be updated (hasn't happened yet) meaning I pay zero tax" What the hell?!?!? This means that for every bankrupt, the govt loses tax revenue, which will of course have to be made up by everyone else? Can this be true? Rack up unsustainable debts and go tax-free?
  8. It's all about the August low! Horde that cash, grab that cheap gold!
  9. Well - there's 40 years left til I retire! God knows what the world will be like then! I've just got so used to seeing all my investments do nothing but go up (wish I'd bought more gold!) that seeing them fall is going to depress me - fact of live I suppose! Sadly and bizarrely - cash is not an option!
  10. My company pension has been ticking along nicely since I opened it about 3 years ago. My problem is this: I can choose from 5 plans which split the fund across equity/fixed income. I've currently got a 75%/25% equity/bond mix. With indices at 'nosebleed levels' I thought about whacking it all into bonds BUT aren't bond prices falling? It looks like there's no way out of watching my fund fall over the next few years...
  11. Japan is pretty solid at the mo. I bought a L&G Japan Tracker last November and it's over just over 16% already. The P/E ratio is rather high (over 20!) but you have to believe that the earnings are going to catch up. I know losing money in South America is a hackneyed concept, but have you considered Brazil? I'm loving their alternative fuel/cheap personal jets stuff. Maybe you could stick half your money in Japan and half in an emerging markets fund?
  12. Looking at recent history for the Nikkei, it HAS increased as our own FTSE has increased but it too took a BIG knock in 2000! Admittedly, it's been 20000+ but in this modern, globalised world, can markets really operate that independently of one another? I've noticed that over the last few days the Nikkei has been falling as the FTSE has. Will they fall together as they have risen together?
  13. Jeez this is a volatile game. I've been £9 up and £10 down in about 1/2 an hour!
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