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in a non risk investment for 2 years what wd you suggest
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the dragon
gvc shares trust me Ronnie. |
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the risk?
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Non-risk basically equals a savings account. Even then you would have to spread your money over two accounts as only £85k is covered under the compensation scheme (per account).
The best fixed-term accounts at the moment are paying about 2% annually. Obviously, fixed-term means locking your money away for a minimum of one year or forfeiting your gains. |
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I just checked - there are two year fixes paying 2.25% annually.
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you should have bought this morning up1% today
Ronnie. |
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lets re phase - very low risk been stung before on technology shares
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Define low risk.
What would be the maximum draw-down you would accept on the investment? 5%? - 10%? more? |
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5% wd be fine
low risk is not losing more than 5% of the investment |
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I'm afraid there is no such thing as low or no risk. For example, you may be invested in a savings account but even there your fund's real value will have been eroded as Brexit takes its toll on £. GBP 15% down against EUR since the ref and very dangerous times ahead.
If you have a house, pension, salary etc valued in £, I would strongly recommend moving this sum out of the UK, as a hedge, although I appreciate that you got stung before on tech stock. If you must keep it at home, Glaxo are as as steady as they come - share price flatlining forever but pay really strong dividends. Good call on GVC Ronnie, I regret passing up the option of converting some Ladbrokes shares about six months ago, I think GVC have risen c 25% since. |
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If you have a house, pension, salary etc valued in £, I would strongly recommend moving this sum out of the UK, as a hedge, although I appreciate that you got stung before on tech stock.
Very good UB. The trick is to have a house, pension or salary to do it with in the first place. And the second trick is not to listen to those like you who haven't. And if they have ignore them anyway, because few know what they're talking about, you being prime example. |
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if you had a£100k to invest
A more relevant question would be who has got north of £100k to invest, and how did they get it if they started with nothing and weren't given it? Not that £100k is much of a pot by today's standards. |
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You're precious about never discussing your BTL business Dr Crippen, don't pretend to know my circumstances.
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I must admit thinking ahead I've thought about the economy collapsing under a post BREXIT Corbyn government and what is the best way to hedge against that.
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Not so sure the GVC Takeover of coral Ladbroke was anything to worry about having missed from a Ladbroke shareholder ,I Think (stand to be corrected ) the takeover price was set and subsequent conversion price was too ,the carrot of extra cash was just that ,a carrot on a stick . It was a profit but under 10% I think ,of course the price lifted after that but so did the market so don’t really see you misssed out as Ladbroke shares would have lifted anyway in line with the sector when the gov allowed a 2 year (cough) grace period .
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To the op ,investment and risk free are not compatable in same sentence ,nor is the word “support” . Best advice is get a good book on where to get the correct advice .
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if you only want to put it away for two years just look for highest interest rate in a bank,in this environment unless prepared to put it away for a long period dont take the risk
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I'd put at least £1k toward SGZ and hold for a few years
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UB still going on about impending doom
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Disagree breadnbutter. The best advice is to make your own decisions.
Most people don't like to, it takes them out of a comfort zone. So, in the case of my Ladbrokes shares, I had the option of converting them to GVC shares. I sold them instead, missing out on a 20% gain in the last six months. A mistake, but once you start making your own decisions, and win some and lose some, and with average luck you will gain over time. It's not like gambling against the house, rather the contrary; you'll do as well or better the "financial advisers" and "fund managers" (no qualifications needed btw) without having to pay their commission or listen to their aftertiming bullshit. |
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breadnbutter - I refer you to the thread "Get all your money out of the UK" from 4am on 24/6/2016; particularly the gains itemised two years later.
If you can't find it on the Politics or Trade and Financial Forums, I can bump them for you. |
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So if someone had got ALL thar money out of the UK and put it in a European bank in 2016 when the pound was at a low what was the net gain ? Can you say what was the interest rate and what bank account was recommended ? I will look into it and if credit is due it will be forthcoming .
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Who said anything about European banks? I invested in US tech stock.
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Trillby ,he has stipulated a two year period of investment
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My apologies, Breaders. Allow me to try again ...
I'd put at least £1k toward SGZ and hold for at least two years. |
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And how did you invest in US tech stock ? Did you use IRS-w8ben ? And you have pound to dollar rate in and (out I presume ) plus the x rate spread costs ? There are other ways but this would be easiest ? So what is the bottom line on your pre timed selections ? What was your ROI ? tia .
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Is that UB being a fool again?
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Will tell you in a mo when roi is posted ,it could be a phorum gold star award nomination .
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Oh dear
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How did I invest in US tech stock?
Are you serious? I instructed my stockbroker. It's as easy as that in C21 , breandnbutter |
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For breadnbutter, from the thread "Get all your money out of the UK" :
Passing the two year anniversary of the 2016 referendum, here's what happened to the advice of this thread (appreciation in £ terms, up to 24/06/18) Aapl +71% Googl +106% Facebook +89% Twitter +224% I missed Twitter, the rest was easy. The next two years are less certain but, as per the advice in the OP, keep your money out of the UK and prepare to move quickly. |
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UB appears quite boisterous this evening. Is he raging?
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trollby, stop embarrassing yourself.
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fwiw I have Ladbrokes shares and did nothing. I assumed they automatically got changed into GVC shares?
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On last count they were only worth £577. Was chucking out old paperwork and noticed I received a dividend of over £3k when they split from Hilton. Annoying because I had to pay income tax on what was effectively a share purchase. Hilton was worth more than Ladbrokes, but still shows how carp their shares have been.
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CLYDEBANK _ I believe they would have converted, I guess you had 350 Lads or so?
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Also, Clydebank, the worst economic nightmare figure is not Corbyn, it is Jacob Rees-Mogg, the political face of disaster-capitalism.
Check out his links to Crispin Odey, Crispin Odey's links to Hargreaves Lansdown and the advocates of blind-Brexit. The ref of 2016 caused the biggest one-day fall of any major currency since Bretton Woods collapsed c 1971. |