OK, Ireland is in the ****. Could be kicked out of euro and all go completely bonkers. What is a good low risk hedge for a pensioner withs ome cash to spare.
I was thinking German government bonds - currency neutral but German risk is the best within the eurozone. Or Swiss francs or Aussie dollars if prepared to take the currency risk.
Swiss Francs are always a safe bet not so sure about Aussie dollars. The most important thing is to get money out of Euros and put it into something with real, instrinsic value. Look at commodities, silver, oil, gold, wheat and also consider investing in asian/south american stock markets.
Swiss Francs are always a safe bet not so sure about Aussie dollars. The most important thing is to get money out of Euros and put it into something with real, instrinsic value. Look at commodities, silver, oil, gold, wheat and also consider invest
Yep, Gold and the other currencies mentioned. I wouldn't say Bunds are currency neutral because Ireland out of the Euro wouldn't be using it any more... I guess most of its trade is still with the UK(?) So, some Gilts too to keep the effective currency volatility low.
Yep, Gold and the other currencies mentioned. I wouldn't say Bunds are currency neutral because Ireland out of the Euro wouldn't be using it any more... I guess most of its trade is still with the UK(?) So, some Gilts too to keep the effective curr