Not gambled in direct stocks/shares for years, IE a couple of years before we left work.
Don't want to buy another property because of the sky-high prices, tax changes atm and possible and returns being nothing better than 3% if
that and the risk of repairs, bad T's and property prices fall/stagnate. Also not prepared to tie in the cash for ten years or more.
Considered classic cars (max price 30/40k but they are like properties in London/etc sky-high prices and could fall/crash anytime soon. However, there
maybe an opportunity if that happens but not aTM. Prices are massive and will crash.
We have max holding in PB's those can be in our account quickly. We have other cash in banks/etc all on varying rates.
One of our children told me about gambling on the ordinary mans expensive watches, EG Rolex etc but he said their prices were reaching new highs when he told me. The risk is they too may crash and it is soo difficult to tell the difference between a fake or not, so this is not an option
Thought about buying more gold to speculate, but i think its peaked-sih
Considered oil/gas futures but too risk and they too have peaked.
Considered garage/parking species but they too have peaked or stagnated imo.
It is easier to take a risk on something I know about eG property/cars but atm not for us as mentioned above.
One of our children - not sure if it was the playstations but a new model came out and one of them is into those and lucky to have place pre-orders a long while back and got 6 and more than double his money and I've just looked they are diff to get hold of still but profits not as great.
We have considered locking half of our cash for 12 months at 2-5% last time i looked but dont want to do that
The money sitting in the bank and pb's is being devalued
Have you got cash, substantial cash and considering a move or sitting on your hands like me atm
Yes, there are financial forums but IMO this is a better place as most of you guys are like us IE have a property at least paid off and often more than one property, left work early and have cash in the bank, large ish amount as per the average man on the street that has worked hard and saved and invested well.
Thanks
ps - if/when stock markets do crash and a proper crash, may gamble in well-established stock possibly supermarkets, diy sector but to make quick profits and hopefully not hold for more than a few days as when markets crash you do get dead cat bounces.
Don't want to buy another property because of the sky-high prices, tax changes atm and possible and returns being nothing better than 3% if
that and the risk of repairs, bad T's and property prices fall/stagnate. Also not prepared to tie in the cash for ten years or more.
Considered classic cars (max price 30/40k but they are like properties in London/etc sky-high prices and could fall/crash anytime soon. However, there
maybe an opportunity if that happens but not aTM. Prices are massive and will crash.
We have max holding in PB's those can be in our account quickly. We have other cash in banks/etc all on varying rates.
One of our children told me about gambling on the ordinary mans expensive watches, EG Rolex etc but he said their prices were reaching new highs when he told me. The risk is they too may crash and it is soo difficult to tell the difference between a fake or not, so this is not an option
Thought about buying more gold to speculate, but i think its peaked-sih
Considered oil/gas futures but too risk and they too have peaked.
Considered garage/parking species but they too have peaked or stagnated imo.
It is easier to take a risk on something I know about eG property/cars but atm not for us as mentioned above.
One of our children - not sure if it was the playstations but a new model came out and one of them is into those and lucky to have place pre-orders a long while back and got 6 and more than double his money and I've just looked they are diff to get hold of still but profits not as great.
We have considered locking half of our cash for 12 months at 2-5% last time i looked but dont want to do that
The money sitting in the bank and pb's is being devalued
Have you got cash, substantial cash and considering a move or sitting on your hands like me atm
Yes, there are financial forums but IMO this is a better place as most of you guys are like us IE have a property at least paid off and often more than one property, left work early and have cash in the bank, large ish amount as per the average man on the street that has worked hard and saved and invested well.
Thanks
ps - if/when stock markets do crash and a proper crash, may gamble in well-established stock possibly supermarkets, diy sector but to make quick profits and hopefully not hold for more than a few days as when markets crash you do get dead cat bounces.