Interest rates through floor, alternatives as long term bet?
Discussion
hairy v said:
Zopa currently averaging 3.2%
IMHO you would be mad to take personal/SME loan risk at 3.2% given the way things are going!Personally I would park my money in cash until a clearer view of Brexit can be formed: in case of a (decent) deal, I'd go FTSE 250 ETF, in case of no deal, something that gives me exposure to Linkers on the expectation Inflation would rise.
matrignano said:
IMHO you would be mad to take personal/SME loan risk at 3.2% given the way things are going!
Personally I would park my money in cash until a clearer view of Brexit can be formed: in case of a (decent) deal, I'd go FTSE 250 ETF, in case of no deal, something that gives me exposure to Linkers on the expectation Inflation would rise.
I sold a house last October and was about to invest it with the advice of a IFA, but held off until after the faux Brexit in December. I bought some multi-assets, spread some across two institutions to stay below the Govt. compensation limits, bit in Gold, National dsavings, a decent watch and Premium Bonds while I did a bit of thinking and planning.......and then Covid struck. Counting myself lucky but still want to spread it a bit. Coke and hjookers are a temptation. Personally I would park my money in cash until a clearer view of Brexit can be formed: in case of a (decent) deal, I'd go FTSE 250 ETF, in case of no deal, something that gives me exposure to Linkers on the expectation Inflation would rise.
The play to have done in early Covid was Tech stocks, with 20:20 hindsight.
I did well and got out a bit too early, but happy.
Unless you have lots of time to dedicate, going single stock is not really feasible.
You could also make a lot of money on CFDs, spread betting etc, but you would need to monitor several times a day, and risk losing your shirt.
Take a view on macro economic/geopolitical events and invest based on that, in cheap to trade/liquid instruments.
If you don't feel confident doing that, you can always go into multi-asset funds via platforms and hope you've picked a good manager, but costs will be higher and you will obviously not be in control of your investments.
I did well and got out a bit too early, but happy.
Unless you have lots of time to dedicate, going single stock is not really feasible.
You could also make a lot of money on CFDs, spread betting etc, but you would need to monitor several times a day, and risk losing your shirt.
Take a view on macro economic/geopolitical events and invest based on that, in cheap to trade/liquid instruments.
If you don't feel confident doing that, you can always go into multi-asset funds via platforms and hope you've picked a good manager, but costs will be higher and you will obviously not be in control of your investments.
matrignano said:
If you don't feel confident doing that, you can always go into multi-asset funds via platforms and hope you've picked a good manager, but costs will be higher and you will obviously not be in control of your investments.
That last part is probably a good thing for most people, 
matrignano said:
The play to have done in early Covid was Tech stocks, with 20:20 hindsight.
I did well and got out a bit too early, but happy.
Unless you have lots of time to dedicate, going single stock is not really feasible.
You could also make a lot of money on CFDs, spread betting etc, but you would need to monitor several times a day, and risk losing your shirt.
Take a view on macro economic/geopolitical events and invest based on that, in cheap to trade/liquid instruments.
If you don't feel confident doing that, you can always go into multi-asset funds via platforms and hope you've picked a good manager, but costs will be higher and you will obviously not be in control of your investments.
CFDs is a mugs game, nobody can predict daily upswings and downswings. You need to have a good amount in the tank to afford the margins dropping too. Its a casino and most of the time people lose. I did well and got out a bit too early, but happy.
Unless you have lots of time to dedicate, going single stock is not really feasible.
You could also make a lot of money on CFDs, spread betting etc, but you would need to monitor several times a day, and risk losing your shirt.
Take a view on macro economic/geopolitical events and invest based on that, in cheap to trade/liquid instruments.
If you don't feel confident doing that, you can always go into multi-asset funds via platforms and hope you've picked a good manager, but costs will be higher and you will obviously not be in control of your investments.
Jiebo said:
CFDs is a mugs game, nobody can predict daily upswings and downswings. You need to have a good amount in the tank to afford the margins dropping too. Its a casino and most of the time people lose.
Ad appeared at top of this very page ... at least they have to warn you now.
I would also be interested in what to do with a sum of money coming our way very shortly!
We have sold our house. Contracts should be exchanged any day now, so hopefully, within a couple of weeks we will have a rather tidy sum left over after buying myself a Mustang and the wife an electric mini.
I will probably get in touch with Julian. Have already warned him!
We have sold our house. Contracts should be exchanged any day now, so hopefully, within a couple of weeks we will have a rather tidy sum left over after buying myself a Mustang and the wife an electric mini.
I will probably get in touch with Julian. Have already warned him!
I was going to buy some oldish Leicas, M6 or thereabouts but I seems to have missed the boat. Interestingly enough it's the more recent models with built in meters that seem to have gone up more than the mechanical ones, as if they are being bought to take pictures with rather than as opposed to as purely collectors items.
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