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By (user no longer on site) OP
over a year ago
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Looking at the global economy as a whole which seems to be caught with it's pants down, there doesn't appear to be much worth investing in these days. Even property isn't as good as it's made out to be at the moment
There was always a see-saw effect, where if the for example gold/oil went up, the exchange rate for currencies would go down.
Everything from Brent Crude/fuel, Gold to even currencies are in a bad way at the moment.
What are your thoughts guys
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By *nnyMan
over a year ago
Glasgow |
" .......... Even property isn't as good as it's made out to be at the moment
........
What are your thoughts guys
"
People invariably forget to take into account the amount they've paid in mortgage costs when congratulating themselves on their property 'investment' .
Even cash buyers tend to ignore the opportunity cost.
What's good? Buy the right car and you probably won't lose money. |
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As a fully qualified (to chartered level ) financial advisor there are always opportunities to invest in turbulent times and cyclical markets , I would always advocate diversity in sectors and asset allocation, timing is key but overtime you are better in the market than trying to time the "ins and outs" times to invest, if you do not have experience go for multi manager multi asset, personally I would avoid bonds as yields will suffer as soon as interest rates start to rise and there are warnings now week after week, month after month that rates will start to rise my bet is after the next election as the coalition will not want to try and get back in on a market of rising interest rates, if you are looking for income the staples and utilities are a good shout but capital appreciation will be limited, mining stocks are cheap, they will bounce on global growth , look at fracking companies for a punt, gold is also cheap and highly in demand from china and India, but don't forget you get 25% instant return in a pension as a basic rate tax payer and the equivalent of 66% if a HRT. Negotiate on fees with your advisor, don't be sacred of fees they are cheaper than the old commission system post RDR |
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