Thursday, Nov 02, 2006

How to preserve your savings

www.investorsintelligence.com: The Big Picture Outlook for Global Markets

Written 1 year ago this is an in depth view of the world economy over the next 15 years. It describes us living in a world of stealth inflation and that inflation may not get going in earnest until 2010 because of the china effect

Posted by sold 2 rent 1 @ 06:43 PM (370 views)
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4 Comments

1. Headmelter said...

I'm not an economist, just a saver. If I'm reading this right it means my savings could be potentially deflating at the moment.
can anyone suggest where to invest say 10,000 for 'safe keeping' for up to three years.
I currently own my house but bought it in an area where prices were low 2 years ago after selling up in the south east but continue to save my mortgage money in a mini cash ISA in the hope of getting my dream home if the HPC arrives.
If I choose to invest in gold where do I go and what do i buy?
suggestions greatly appreciated.

Friday, November 3, 2006 03:29AM Report Comment
 

2. sold 2 rent 1 said...

Headmelter,

There is no easy solution for your 10K.
Savings accounts dont generate much interest after tax.

Gold/commodities are volatile and I would only recommend that you put up to 10% of your assets in.

If you have 100K in equity in your house then maybe put the whole 10K cash in commodities. If you need the money in 3 years time, there is a risk that it will be a bad time to sell.

Look at the graph
http://www.zealllc.com/c2004/Zeal090304A.gif

If we are at the same stage as 1974 then by 1976 gold could have halved.
Gold should be a long term investment for us amateurs.

Friday, November 3, 2006 09:02AM Report Comment
 

3. Gingerbread said...

If you do want to invest in physical gold, then I can recommend www.bullionvault.com which is where I have bought/sold over the past year. Im holding an amount for the long term.

I think commodities are heading for a great run, particularly soft commodities, providing Asia continues growing at the rate it has. Though the slowdown in the USA may offset this demand for commodities somewhat?

Friday, November 3, 2006 09:24AM Report Comment
 

4. Bubbles. . . said...

HEADMELTER...At least you are the sensible one not into BTL...Think this is going to really cause some headaches soon in the market as returns fall and people subsidise rents thinking there on a good thing with property.Like the tulip investments people made in the past. Looking at another article shares seem to be the thing to do blue chip companies are a good bet ask a stock adviser. If China move some of there money into other markets as they appear to be looking at for better yields shares will rise.Already they are saying shares are going to make more than houses this year with returns of 10%+ as compared to property 4%+. But it all depends if they follow Russian investment into property here we really could have another boom...My hands are tied in which way to go 2!!!

Friday, November 3, 2006 01:45PM Report Comment
 

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