Jump to content
House Price Crash Forum

What Would You Do With £20,000


ftbSean

Recommended Posts

0
HOLA441
1
HOLA442
2
HOLA443
3
HOLA444
4
HOLA445
5
HOLA446
6
HOLA447
7
HOLA448
8
HOLA449
No way! Thats just a waste! What a silly thing to do with money (and other high handed responses).

An accumulator on Cameroon, Lithuania, Israel, Germany, Italy and Spain turns it into over £50k before the weekend.

looks pretty tempting

although i'm not sure i'd want to rely on lithuania winning away from home

Link to comment
Share on other sites

9
HOLA4410
An accumulator on Cameroon, Lithuania, Israel, Germany, Italy and Spain turns it into over £50k before the weekend.

"The 'roon" have never been the same since Patrick Mboma retired from football; I think this was aroundabouts the same time he signed for Sunderland.

eight

Link to comment
Share on other sites

10
HOLA4411
I was just wondering how the HPC audience would respond

It's a ruddy hard question. Right now, my answer is 'building society account - ~3%/anm.'

It's not a great answer, but it isn't awful - IMHO.

I'd really like to see what answers come back for £40K, £80K, £160K and £320K, say. Does my small-scale answer work irrespective of the amount of capital?

A more important question is this: "For how long?" Sure, cash in a savings account might be fine right now, but this won't be the case forever. What assets should be monitored with a view to managing a low-risk portfolio? I'm anticipating that the world stock markets will dip significantly sometime soon - but timing that is very hard... real-estate will become a viable investment again - but, perhaps, not for years to come. A further issue arises when I note that a large proportion of not-entirely-transparent investment vehicles (sold as 'investment bonds') are run by financial institutions I suspect might be practically bankrupt - seriously diminishing my trust that they will be motivated to manage my investment to my advantage - rather than to mitigate their other losses.

I can see a plethora of high risk (potentially high yield) opportunities - but establishing what to do with cash that, at some point, should buy a house is rather more complicated. Opting for a low-yield savings account feels like a cop-out, but every alternative I can find looks worse. I find this doubly the case when I anticipate that had I the bottle to speculate on the markets, my perspective best suggests derivative positions rather than equity stakes. My lack of confidence in the detail of my predictions (and reluctance to engage in gambling) leaves it rather easy to dismiss equity investment for now, at least.

Link to comment
Share on other sites

11
HOLA4412
12
HOLA4413
13
HOLA4414
14
HOLA4415
15
HOLA4416
16
HOLA4417
17
HOLA4418
18
HOLA4419
19
HOLA4420
20
HOLA4421
21
HOLA4422
22
HOLA4423
23
HOLA4424
24
HOLA4425

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information