what to do with your money

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michael scuffil
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what to do with your money

Post by michael scuffil »

Now you might think the Bank of England staff pension fund might know a thing or two about investment, and looking after their own. So what do they do with their money? I read in a Telegraph blog today that in 2006 they were 70% invested in shares, but got rid of almost all of them in that year (that was astute, at least). Now apparently they're largely into index-linked gilts. Which suggests that they think we (or you in UK) are in for rip-roaring inflation quite soon. (As I too have been telling anyone who'll listen.)

So: buy up index-linked anything before so many people do it that they stop being issued. And don't say no one told you.
Th.B. 27 1955-63
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J.R.
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Re: what to do with your money

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I tend to spend my pittance of pensions just to survive !
John Rutley. Prep B & Coleridge B. 1958-1963.
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NEILL THE NOTORIOUS
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Re: what to do with your money

Post by NEILL THE NOTORIOUS »

On leaving the Army, we had a seminar on "What to do with your Money" (Gratuity, Pension, ill gotten Gains etc.)
The only thing I remember was ------ "There are Three ways of losing your money --- Gambling is the Quickest --- Women are the Nicest -------And Farming is the surest ! "

My ex- and late, Father- in- Law was a Farmer, I never believed it then ---- I do now ! ! :(
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