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what to do with your money

Posted: Tue Apr 07, 2009 4:58 pm
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.

Re: what to do with your money

Posted: Wed Apr 08, 2009 3:16 pm
by J.R.
I tend to spend my pittance of pensions just to survive !

Re: what to do with your money

Posted: Thu Apr 09, 2009 6:00 pm
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 ! ! :(