MegaSack DRAW - This year's winner is user - rgwb
We will be in touch
I've got a shares ISA which has recovered nicely ish from recent lows. Should I pull it and put into cash, or stick with it?
Whaddya think?
WTF....spend it all on bike bling
I bought FTSE ISA in Jan + March @ 3500 & 4000.
I came out last week at 5200 into cash and wont go back in util Im happy Gordon hasnt set us up for a big double dip... which given our latest GDP ..
Stoner speaks sense.
Cheers guys, that is what I was suspecting - off to look for a cash ISA now.
I took my profits last month...good run while it lasted.
90 points down on the day. Thank god I got out at 9:00 this morning. 😯
i'm £300 quid down but i picked my own shares, bugger!
I was looking to setup a self select ISA and chuck some tech stocks in there, decisions, decisions.
bailed two weeks ago
Get it out and stick it in gold (junior miners and some bullion coins).
Or keep it in but buy defensive stocks (BP, Tescos, things people need not want).
While interest rates are so low why not go and buy a cheap house and rent it out to cover the mortage (interest only of course). Then in two years time sell it.
Safe as houses.
Trimix, depends on how cheap a house you can get. Unless you have a hefty wad of cash lying around to buy outright, mortgage conditions are still very tight despite the low interest environment. And whose to guarantee the price of that property won't bomb over two years. Selling a house in a tough trading environment is the ultimate pain in the a*rse.
Gold - the real safe haven.
[i]Gold - the real safe haven. [/i]
Unless you buy it at the height of a recession and watch the price plummet as people invest elsewhere as they regain confidence 🙂
That's why I don't buy it at the end of a recession. Look at the amount of people out of work on here. Don't believe the government or the mainstream papers for economic analysis. America is nowhere near out of its recession despite the announcement today as its growth has been entirely funded by the taxpayer - which means yet more long term debt. Remember newspapers are for the most part advertisements with words written on the back - they need to talk up the economy to survive.
We have done the same as the US and are digging our debt hole even deeper.
The result is massive long term currency depreciation which makes gold even more attractive as a source of value - you can't print more gold.