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bingobob777

Any Tips On Investing House Sale Funds

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Have sold house in UK and moved to Oz, plan is for 4 years. Current exchange rate is terrible, so need to invest 40k in UK. Money is to buy a house when we come back so needs to beat rise in house prices, any tips on how to do it with minimal risk?

ISA's and bonds are out as no longer UK resident

Edited by bingobob777

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Ah, sorry, totally didn't see that bit! :lol:

In that case, aren't the NS&I index linked certificates starting up again soon?

no longer a uk resident

have you got your specs on :lol:

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Have sold house in UK and moved to Oz, plan is for 4 years. Current exchange rate is terrible, so need to invest 40k in UK. Money is to buy a house when we come back so needs to beat rise in house prices, any tips on how to do it with minimal risk?

ISA's and bonds are out as no longer UK resident

Hold in cash or (10% short ETF) until wider market has pulled back c 20% this Summer/Autumn. Then buy PMs, Soft Comms, Equities. Sell Oz $ and buy USD now. Come back to me in 6 months and tell me and everyone else how you did and what you will undoubtedly regret.

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:lol:

Minimal risk I said

And that's what he gave you.

As a non-resident with index linkers not available to you, your choices are really stocks, bond funds, foreign currency, commodities or precious metals:

- Bonds are in a bubble that will soon burst (or will continue to be propped up by easy money which creates inflation instead - this is most likely)

- All foreign currencies are going down against the hard currencies gold and silver, they are the last chairs that will be left in this game of currency musical chairs. When the dollar collapses, all the other fiat currencies will be taken with it, as all foreign central banks hold dollars as reserves. Of course if you are lucky and hold the currencies that fair relatively better in the scenario, then you may come out ok, but why go for 8th place when gold/silver will be the outright winners of this collapse?

- Stock markets will still be safer than cash, but Zimbabwean Stock holders didn't make out like bandits when they had hyperinflation, they still lost out overall despite rocketing stock prices.

- Commodities are a good place to be, but you can't own them in your hand. You are tied into a fund run by a financial institution that could go broke and is backed by the promises of other financial institutions and government in the event of failure. We could be approaching a 'TOO BIG TO BAIL' scenario so these promises will be worthless. Commodities also have a natural ceiling on them as once they are unaffordable to buyers, demand falls away. Other factors, like a good global harvest in wheat, will do damage to wheat values for example, so upside potential is more limited and volatility in more pronounced than metals, where rates of future production are well-established and investor demand is far higher due to it's liquidity (it is money) and is limited more by the saved wealth of the world (that can/will flow into it) than whether Mrs Smith decides she can only afford one loaf of bread and one tank of petrol this week.

- If they stop printing money then we'll have economic collapse and currency collapse as a result anyway, so gold/silver win whether they print (stagflationary depression) or if the don't print (good old-fashioned economic collapse, i,e, you hold Ozzy dollars but the Ozzy dollar falls in value due to a weak economy, so you lose money, but if the Ozzy dollar falls, gold/silver automatically rise in Ozzy dollars to take account of this Oz dollar weakness and protect the holder from Ozzy dollar depreciation).

Your timeline is four years. Whether you buy now or wait for a correction in metals (you may be lucky you may not), the fact you are investing for four years makes the price you buy today largely irrelevant.

The idea that PHYSICAL metals are risky in this sea of currency debasement and financial market meddling is a perverse lie.

Edited by General Congreve

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As you need the money when you come back, I'd stick it in a deposit account. Probably best to spread it around various banks though.

If, however, you want to take a massive risk, then stick it into Clontarf Energy. (CLON).

With CLON you might well come back home to a couple of million. But you might equally come back to nothing. 'Profit is risk' and all that.

At the end of the day - do what makes you feel comfortable.

You cannot put a price on peace of mind. ;)

(EDIT: My investments have been getting wiped out over the last 2 days......stick in the banks. :D )

Edited by Davetolbooth

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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