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Better late than never.
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Better than I feel about paper.
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Personally I would ignore the collector value and just look at the cost of the metal. Britannias don't have any extra silver than one ounce bars, rounds or other government minted coins so what's the point?
It really depends what you want IMO. If you want a return on your money then silver isn't really the place to be. If your main priority is retaining your purchasing power then silver or gold is good option. I personally have it because they have no choice but to monetise the debt which devalues paper. IMO, a great investment right now is property (for cashflow, not capital gains). Rents are increasing and interest rates are low and not going anywhere for the foreseeable future. Might be worth low offers on decent investment properties? I've been looking at flats in the 75-80k range (ended up paying £84k on a £90k list price) and many of them have been massively reduced from their original list price and the agents made it fairly clear most of them would have taken offers anywhere from 5-15k lower. Add to that the inflation which is almost guaranteed to increase and you may well be able to pay back in substantially devalued currency. |
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Wish could get flat for 90k here lol
You renting it or living in it j2??? |
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I will be living in it. I'm not really at the level of buying a place to let yet lol.
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Good work j2. Foot on the ladder.
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Thanks. It's quite a big place and reselling it shouldn't be too hard. Going to decorate it, change a few things and then for the hell of it, get it valued.
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