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Calling all of you out there with large amounts of cash. 

You need to buy now. You're going to lose all your money in 2021 if you don't. The BOE has given you plenty of notice. Act on it now. Don't be a fool any longer. 

 

erm, a question or two?


1) Buy Bitcoin?

2) buy gold?

3) buy VWRL etf? (Using salary sacrificed money in your pension)

4) buy a house?

 

Three of those options make sense. #4 not so much 

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erm, a question or two?


1) Buy Bitcoin?

2) buy gold?

3) buy VWRL etf? (Using salary sacrificed money in your pension)

4) buy a house?

 

Three of those options make sense. #4 not so much 

If you have a large amount of cash, buying a house is exactly the thing you should be doing. How are you going to buy a house once your cash is stolen or reduced to zero within the next year?

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A digital currency is now in the works. It will probably be ready by November 2021. It's not Bitcoin. 

If you haven't spent what cash you have within 12 months, it will be completely worthless. You won't even get your GBP converted to the new digital currency. Time is running out rapidly. Don't be a fool this time around.

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Calling all of you out there with large amounts of cash. 

You need to buy now. You're going to lose all your money in 2021 if you don't. The BOE has given you plenty of notice. Act on it now. Don't be a fool any longer. 

 

DC you are dreaming.

Try and explain what on earth you are on about.

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If you have a large amount of cash, buying a house is exactly the thing you should be doing. How are you going to buy a house once your cash is stolen or reduced to zero within the next year?

Why? Why are ‘bricks and mortar’ a better asset to trade fiat for than hard money or shares in businesses?

I guarantee I will still be able rent or buy a van to live in with whatever token of exchange becomes prevalent.

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Id rather losing everything than buy a house

 

At least when the collapse comes i won't cry when my house is repossessed :lol:

Same. I’m not going to lose my skills overnight, but if a persons only skill up to this point has been taking on geared loans, then I can see why they would be worried. 

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A digital currency is now in the works. It will probably be ready by November 2021. It's not Bitcoin. 

If you haven't spent what cash you have within 12 months, it will be completely worthless. You won't even get your GBP converted to the new digital currency. Time is running out rapidly. Don't be a fool this time around.

Whatever central bank / imf digital currency comes, it will not replace crypto’s like bitcoin as hard money. The public is rapidly losing trust in £€$¥. If the same institutions say ‘ignore that deflationary digital gold and go for our inflationary digital fiat’, how many of us are just going to laugh?

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Calling all of you out there with large amounts of cash. 

You need to buy now. You're going to lose all your money in 2021 if you don't. The BOE has given you plenty of notice. Act on it now. Don't be a fool any longer. 

 

All this stuff about holding on to buy, or is it a little different if you have cash or if you've a mortgage to fund your new home?

Really confused with the mixed messages here. Why before 2021?

 

Surely all our savings can't simply vanish and disappear into thin air?

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All this stuff about holding on to buy, or is it a little different if you have cash or if you've a mortgage to fund your new home?

Really confused with the mixed messages here. Why before 2021?

 

Surely all our savings can't simply vanish and disappear into thin air?

If you have the cash now to buy outright with no mortgage, do it.

That money you have is the same entity as those who are getting it for free through furlough. That money you have can't be representative of hard work, or anything for that matter, when it can just be given to people for nothing. The GBP will eventually be known by the masses to represent nothing, probably by the end of next year once the 3rd phase of the terminal decline starts after March 21. 

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It's not different; that's the point.

People have reached breaking point in holding useless fiat that constantly inflated away from them. 

Playing devil's advocate, it's a deflationary spiral that was prevented by the interventions after the 2007 crash. Maybe we're looking at a deflationary situation now rather than inflationary.

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If you have a large amount of cash, buying a house is exactly the thing you should be doing. How are you going to buy a house once your cash is stolen or reduced to zero within the next year?

The Sky is Falling! ... buying a house is exactly the thing you should be doing... The Sky is Falling! ... buying a house is exactly the thing you should be doing ... The Sky is Falling! ...

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Playing devil's advocate, it's a deflationary spiral that was prevented by the interventions after the 2007 crash. Maybe we're looking at a deflationary situation now rather than inflationary.

My savings have outperformed property since 2007.

 

Its people with money in pwopatee right now that should be bricking it. 

 

Money can be moved quickly, at present, try moving your flat. 

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