Hi guys,
I live in the UK but with roots from mainland Europe which is why I am going to anxiously await the referendum of whether the UK will leave the EU or not.
Now my situation is that I have saved quite a bit of money as I wanted to buy a house here in the UK, however if they leave the EU, I might reconsider my future and go back to europe. I presume that the GBP will drop significantly if they leave, which is why I am looking at ways to protect my money in easy ways (not too sure about buying gold bullions).
So I thought of buying shares of something that might not directly be affected by this and I was wondering if this would make sense? I was looking at buying shares of a S&P500 company maybe, possibly Amazon or so.
Please let me know if this makes sense to you guys or if I am completely off and it won't make a difference at all.
Thanks for your help
I live in the UK but with roots from mainland Europe which is why I am going to anxiously await the referendum of whether the UK will leave the EU or not.
Now my situation is that I have saved quite a bit of money as I wanted to buy a house here in the UK, however if they leave the EU, I might reconsider my future and go back to europe. I presume that the GBP will drop significantly if they leave, which is why I am looking at ways to protect my money in easy ways (not too sure about buying gold bullions).
So I thought of buying shares of something that might not directly be affected by this and I was wondering if this would make sense? I was looking at buying shares of a S&P500 company maybe, possibly Amazon or so.
Please let me know if this makes sense to you guys or if I am completely off and it won't make a difference at all.
Thanks for your help
