what to do with your money
Posted: Tue Apr 07, 2009 4:58 pm
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.
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.