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  • Entrepreneurs

    Where to invest spare cash?



    Dear Tribers

    l am looking for other options to invest my spare cash, what would you recommend?

    Are investment funds like Vanguard recommended?

    kind Regards

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    Buy gold and silver, either physical, funds or shares. Best deal buy the ishares gold CHF Hedged. Ie gold hedged into swiss francs. Best of all worlds gold and safe haven currency in these times of uncertainty. Central banks have been large buyers recently for first time in years. W

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    Fine if you can eat gold and silver or it pays a dividend otherwise avoid

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    You can always sell some to buy food, but no one will want your shares in the coming crisis. Trying offering a piece of paper for bread , against a piece of gold or silver. I rest my case.

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    Pop down to Asda in that case and buy tinned and non perishable foods rather than waste your time and money trying to second guess where so called" precious metals" are going to end up.

    The only people who made money from the "Gold Rush" were those who sold the shovels

    I rest my case 

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    Well everyone to his own. Profits from my last major move into gold and silver paid for my BTL in west london. Now since sold. Some get it right some don't thats life.

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    And where did you invest your money when you sold ?

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    Used some funds to build extension to my own residence. Rest in cash and over last few months have been  accumulating gold and silver positions.

    Reason being with major economic slow down into recession already started ,gold and silver will be a major beneficiary as world stock markets collapse.

    Why have we seen central banks adding massively to their gold positions.

    They have purchased the second highest annual total on record over the last few months.

    Heightened geopolitical and economic uncertainty has driven central banks to diversify their reserves and re-focus their attention on the principal objective of investing in safe and liquid assets.

    Germany recalled all its gold reserves back from USA, UK and France why to hedge against collapse of the Euro and potential reintroduction of new currency back by gold reserves.

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    Have a look at property.

    I had some spare cash in 2016 and invested it in a property 

    675 pcm income,  month in month out  and its value up 23K since then

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    Jonathan Clarke. http://www.buytoletmk.com

    Everyone to his own. In mid 2015 i invested approx £250k into 11 different blue chip gold and silver shares . In early 2017 I sold for a profit of just over £386k . Now they are approx 30%-40% lower in price and have started to buy back but most in the physical for liquidity reasons. included was approx 12% in currency gains. 3 yrs of income £24k plus unrealized capital of 23k.  It would take another 8 years to make the difference up. Be interesting to see how we compare in another 3 years.from your property and my investments. I am not knocking property over the longer term ( having been in for over 30yrs) as it does have its place but is becoming less attractive with new rules, regulations and taxes. Also as I enter the twilight years I need less hassle with property and time to do other things ie travelling. Property has proved over time a good investment but sometimes it is prudent to step back and wait for better opportunities, and this is one of them. Property continues to fall in my area 4% last year still going down.

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    Yes indeed horses for courses

    If you have the skill in other markets and the associated risk appetite then pile in as you did

    You have done very well

    But my reservation is you cant leverage that 250K into blue chip shares

    At 75% LTV in property similar  returns  would have produced more profit

    Compound that up  over the years without having to sell  leaves shares in the rear view mirror

    After a time a portfolio of  just 2% growth pa in property may equate to your 55% in that 2 years.

    A slow continuous acquisition programme smooths out the need for your expert timing

    Doing both though is of course a win win as you have demonstrated

    As far as time is concerned that is what brokers and LA`s are for

    At any time I could forego 10% profit and another 5% for leakage and be 99% free

    Some of my clients choose that route

    You decided to sell and cash in your property rather than take that option . Fair enough

    Horses for courses

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    Jonathan Clarke. http://www.buytoletmk.com