Where is a safe haven ?

[Pat494]

A lot of people should be thinking right now, where is the best place to safeguard one's precious savings ?

Is it equities ?
gold ?
Govt Bonds ?
Chinese stocks ?
Under the mattress ?
in your latest ponzi scheme ?
some other alternative ?

Hope to hear from you

 

[everyonerich]

Weapon of Mass Destruction is more precious than money/gold... u could own the world..

 

[nile_croc]

Cash

 

[Martinghoul]

I am trying to put some of my cash into gold... Not sure if this is the right place to post, but can anyone recommend a good place to buy coins?

 

[Pat494]

I am trying to put some of my cash into gold... Not sure if this is the right place to post, but can anyone recommend a good place to buy coins?

You can get coins from your local pawnbroker, coin dealer or even the Royal Mint. If the world does go tits up then it won't be easy to buy say bread with a 1/4 of gold coin. Take my advice and buy bling gold bracelets - one link at a time is more easily managed !

Cash ? As paper notes ? Could get like Zimbabwe dollars - face value billions - worth F*CKING nothing

 

[Skill Leverage]

I think we're a little ways away from Mad Max becoming a reality, but nice work with the scaremongering

 

[the blades]

A lot of people should be thinking right now, where is the best place to safeguard one's precious savings ?

Is it equities ?
gold ?
Govt Bonds ?
Chinese stocks ?
Under the mattress ?
in your latest ponzi scheme ?
some other alternative ?

Hope to hear from you

corporate bonds. Investment grade stuff paying 6% with interest rates at 1.5% and falling. Got to be worth a punt. Safe...no. But then again cash is losing about 2% per year.

UTB

 

[everyonerich]

invest in zex industry like this..

bcoz no matter what happened to the world, everyone still need zexs..

 

[Martinghoul]

Diversification, famously, doesn't really work in times of high inflation, so I am not entirely too eager to spread things out...

For the record, my interest in gold is not solely as a safe haven in a Mad Max scenario. Given my view on the possible scenarios we could have as a result of the recent events, I see gold as a very good risk/reward trade.

 

[the blades]

Under my mattress. No-one's gonna want to look under there. Even I don't go under there unless I have to

there's already too much paper under my mattress. Tissue paper mind.

UTB

 

[the blades]

invest in zex industry like this..

bcoz no matter what happened to the world, everyone still need zexs..

I do invest in that, heavily. Hence the tissues under the mattress.

UTB

 

[N Rothschild]

yeh cash will be a great safe haven if hyper inflation was to kick in..might get yourself a load of bread!

 

[Claudia123]

Oil oil oil - it might go down short term but medium/long term it has to go mad. (Then some red wine for Claudia - very good investment). Always spread your risk as gamma says.

 

[SSINGH]

A safe haven is your home, mortgage free....with land to grow food, and cultivate live stock.

 

[Claudia123]

A safe haven is your home, mortgage free....with land to grow food, and cultivate live stock.

sounds exciting

 

[SSINGH]

yup.....safety means reverting back to the dark ages!

 

[Dacamic]

corporate bonds. Investment grade stuff paying 6% with interest rates at 1.5% and falling. Got to be worth a punt. Safe...no. But then again cash is losing about 2% per year.

Blades implies an important point: there may not be any safe haven. It accordingly might be easier to think about different alternatives in terms of "least risk".

 

[timsk]

sounds exciting

Claudia - all I can say is you are a VERY strange girl if that's the sort of thing that excites you. Then again, I see from your profile pic' that your the shy outdoors type!
Nice shed, btw!

Tim.

 

[everyonerich]

sounds exciting

i want to live in utopia as well..

 

[Skill Leverage]

I think Russell Brand and Pete Doherty are going to give him a lift