I have around 30,000 UK sterling to invest, i am shy of the stock market due to demand destruction and general economic downturn in UK because of excessive borowing by consumers, i have no faith in housing at the moment as i think the housing bubble is bursting?
Buy Gold?
and does anyone know of gold bullion brokers that offer secure insured storage?
Thanks
smiffy
Could someone give me some investment Advice?
Moderator: Peak Moderation
http://www.godleyigh.com/
http://www.bullionvault.com/
These are the two ive been looking at.
Bare in mind stocks will not universally drop. Look into Energy stocks both conventional and alternative. Stocks in Euro and Asian currency will also probaly be a safer bet. You could also look into commodity futures, but they are more complicated and require a more active management style. Mining stocks are also a good bet (gold/silver/coal/uranium), but as with any stock do reseach into the company and see profits/earnings and reserve levels etc.
A great source of info and news is www.financialsense.com, they also have a weekly news show and they have many advisors who are peak oil aware giving advice.
I wouldn't suggest you just put all your money into gold, as i dont really trust the central banks of the world at the moment, having said that the long term trend is very likely much higher. A more diverse approach is probaly best.
http://www.bullionvault.com/
These are the two ive been looking at.
Bare in mind stocks will not universally drop. Look into Energy stocks both conventional and alternative. Stocks in Euro and Asian currency will also probaly be a safer bet. You could also look into commodity futures, but they are more complicated and require a more active management style. Mining stocks are also a good bet (gold/silver/coal/uranium), but as with any stock do reseach into the company and see profits/earnings and reserve levels etc.
A great source of info and news is www.financialsense.com, they also have a weekly news show and they have many advisors who are peak oil aware giving advice.
I wouldn't suggest you just put all your money into gold, as i dont really trust the central banks of the world at the moment, having said that the long term trend is very likely much higher. A more diverse approach is probaly best.
"All over the place, from the popular culture to the propaganda system, there is constant pressure to make people feel that they are helpless, that the only role they can have is to ratify decisions and to consume." - Noam Chomsky
-
mikepepler
- Site Admin
- Posts: 3096
- Joined: 24 Nov 2005, 11:09
- Location: Rye, UK
- Contact:
-
Neily at the peak
- Posts: 353
- Joined: 06 Dec 2005, 20:49
- Location: Devon
It all depends on what you want to achieve with it, do you want to just invest it for financial gain? or do you want to alter your lifestyle?, increase your security post peak?, what are your motives? What restrictions does your current lifestyle place on how you could invest it? Have you paid your mortgage off? ?30,000 would go a long way to doing all of these things invested correctly.
I once read a book by Robert Kiyosaki, I forget which one, he says a good investment should flow cash to you from day one. Gold cannot do that, you are relying on capital growth, it is a good inflation hedge but should be viewed in my opinion as a storage device not an investment. However Kiyosaki as far as I can tell does not understand peak oil, although he is investing in small exploration companies.
My guess is that over the long term Agricultural Land is the surest bet, I don't know what it is like in Malta but in the UK it is difficult to get a decent financial return on agricultural land at the moment, I expect to see this change at some point in the next 10 years. At least if you can't sell anything much you could grow your own food and produce your own energy.
The stock market as a whole is doomed but there may be some beneficiaries, have you thought about renewable energy companies and other companies in a position to benefit from the peak. If you haven't already you should by Stephen Leeb's book The Oil Factor, it may open up your thinking.
I think investing to become rich is going to become an outdated idea, I think future will be all about investing for security for you and your loved ones.
Mike's advice about education is good, just don't use all your pot as it is easy to do, I know I used to sell training courses, use book's, the internet, libraries and the odd course just don't pay over the top. One other thing that Kiyosaki suggests that I can agree with is "work to learn, not to earn" .
Please note this does not constitute financial advice in any form and I am not regulated by the fsa or any other authority.
Neil
I once read a book by Robert Kiyosaki, I forget which one, he says a good investment should flow cash to you from day one. Gold cannot do that, you are relying on capital growth, it is a good inflation hedge but should be viewed in my opinion as a storage device not an investment. However Kiyosaki as far as I can tell does not understand peak oil, although he is investing in small exploration companies.
My guess is that over the long term Agricultural Land is the surest bet, I don't know what it is like in Malta but in the UK it is difficult to get a decent financial return on agricultural land at the moment, I expect to see this change at some point in the next 10 years. At least if you can't sell anything much you could grow your own food and produce your own energy.
The stock market as a whole is doomed but there may be some beneficiaries, have you thought about renewable energy companies and other companies in a position to benefit from the peak. If you haven't already you should by Stephen Leeb's book The Oil Factor, it may open up your thinking.
I think investing to become rich is going to become an outdated idea, I think future will be all about investing for security for you and your loved ones.
Mike's advice about education is good, just don't use all your pot as it is easy to do, I know I used to sell training courses, use book's, the internet, libraries and the odd course just don't pay over the top. One other thing that Kiyosaki suggests that I can agree with is "work to learn, not to earn" .
Please note this does not constitute financial advice in any form and I am not regulated by the fsa or any other authority.
Neil
Thanks for your reply:
I was looking into Godley IGH however i wanted to know who regulated them, and i found no answers? Well no answers that satisfied me, maybe you could help since your in UK and i'm in Malta????
I primarily want to invest to possibly purchase a home for my family in the next 16 to 24 months, however i would not purchase a home at the moment and buy into a bubble Via Morgage as i have a strange feeling that the days of property inflation are over, mainly due to large amounts of consumer debt, economic slowdown, net gas and oil imports coming into UK costing all of us more money, less consumption a raise in unemployment and a possible raise in intrest rates over the coming months/year? Plus salary to borrowing is out of proportion.
Plus the amount of personal repo's going on, i can forsee a large downturn in the property market, what do you think?
smiffy
I was looking into Godley IGH however i wanted to know who regulated them, and i found no answers? Well no answers that satisfied me, maybe you could help since your in UK and i'm in Malta????
I primarily want to invest to possibly purchase a home for my family in the next 16 to 24 months, however i would not purchase a home at the moment and buy into a bubble Via Morgage as i have a strange feeling that the days of property inflation are over, mainly due to large amounts of consumer debt, economic slowdown, net gas and oil imports coming into UK costing all of us more money, less consumption a raise in unemployment and a possible raise in intrest rates over the coming months/year? Plus salary to borrowing is out of proportion.
Plus the amount of personal repo's going on, i can forsee a large downturn in the property market, what do you think?
smiffy
Thanks for all the advise: Firtsly: Malta's had it!
Population density is huge 400,000 people on island 22 by 18 miles, little or no arable land, huge financial problems, relies entirley on reverse osmosis for water (wont work post peak) so we decided to leave malta.
We are looking to move to less densly populated part of UK, and begain to built for a post carbon future. First we need a house that is proportionally priced and not the silly money being asked for houses at the moment, we would obviously have to borrow, but i would like to borrow the least possible, hence waiting for house price crash (which almost seems inevitable).
thanks
Population density is huge 400,000 people on island 22 by 18 miles, little or no arable land, huge financial problems, relies entirley on reverse osmosis for water (wont work post peak) so we decided to leave malta.
We are looking to move to less densly populated part of UK, and begain to built for a post carbon future. First we need a house that is proportionally priced and not the silly money being asked for houses at the moment, we would obviously have to borrow, but i would like to borrow the least possible, hence waiting for house price crash (which almost seems inevitable).
thanks
-
Neily at the peak
- Posts: 353
- Joined: 06 Dec 2005, 20:49
- Location: Devon
My first rule of investment is "don't try to predict the markets" you may be very wrong and disappointed. Housing may go down it may go up, it depends on so many things, most people on these forums seem to think that it will go down, I just think that it could do either, there is going to be the same number of people in the world unless there is a major die-off and building materials are going to be much more expensive so new build will probably reduce. This is only one of the many factors that effect the housing market.
Think security first! and get your happiness from your security.
Neil
Think security first! and get your happiness from your security.
Neil
I think a house price crash is inevitable ? what?s a crash, say 20% fall in real terms over two years in my opinion. The funny thing is that most people think this is a bad thing, it isn?t.
For the majority of people such a revaluation is a good thing. Most people own a house and hope one day to own a better house, a uniform percentage drop makes that better house more affordable. Other people don?t own a house, any price drop is good. The only people for whom such a drop would be a bad thing are people with several properties bought for the purpose of capital appreciation, people who bought recently who would lose their original capital, people with larger houses looking to sell up and downsize or people looking to sell up and leave the country ? they are the minority.
For the majority of people such a revaluation is a good thing. Most people own a house and hope one day to own a better house, a uniform percentage drop makes that better house more affordable. Other people don?t own a house, any price drop is good. The only people for whom such a drop would be a bad thing are people with several properties bought for the purpose of capital appreciation, people who bought recently who would lose their original capital, people with larger houses looking to sell up and downsize or people looking to sell up and leave the country ? they are the minority.
-
Neily at the peak
- Posts: 353
- Joined: 06 Dec 2005, 20:49
- Location: Devon
in the long run I am sure you are right clv101, however like peak oil timing is unpredictable and the rear view mirror very valuble. The signs at the moment are of an improving market. The other possibility is that house prices stagnate and inflation takes care of wages and earning to make a house more affordable again. Negative equity is a big concern for first time buyers with smallish deposits.
can somebody advise me what an avergae deposit on a 200,000 pound house would be?
Secondly, i think that real estate agents are talking up the housing market and real figures point to a hosuing slowdown.
spending time on www.housepricecrash.co.uk all points to a big drop in housing over the next 24 months? So i am looking for short term investment of 24 months (gold sounds fairly safe) unless i can get some concrete advise on this site.
PS: If any power switchers are in Malta pretty soon, i would love to meet up with you.
smiffy
Secondly, i think that real estate agents are talking up the housing market and real figures point to a hosuing slowdown.
spending time on www.housepricecrash.co.uk all points to a big drop in housing over the next 24 months? So i am looking for short term investment of 24 months (gold sounds fairly safe) unless i can get some concrete advise on this site.
PS: If any power switchers are in Malta pretty soon, i would love to meet up with you.
smiffy
-
WolfattheDoor
- Posts: 318
- Joined: 10 Jan 2006, 13:19
- Location: Devon
- Contact:
I am very wary of buying any property - either land, farm or house. If law and order begins to break down, is a legal document going to stop someone taking over your house or squatting on your fields?
Better I think to spend it on something which won't be available or cheap later on - equipment, training, education, etc.
Better I think to spend it on something which won't be available or cheap later on - equipment, training, education, etc.
www.wolfatthedoor.org.uk
Alerting the world to the dangers of peak oil
Alerting the world to the dangers of peak oil
1. I would make sure all debt was cleared.
2. Sell as much belongings (house, car, furniture, etc) as you feel able to.
3. Consider moving to the UK and renting in the short term as you wait for property prices to stabalise. Put spare money into decent easy-access savings account/s.
4. Choose your location carefully - there are areas where property is cheap. These areas are likely to be "good" areas post-PO, wheras current (expensive) "good" areas may be poor post-PO!
5. Buy a modern property (likely to have first-class insulation properties) - as near in shape to a box as possible - south facing if possible for max natural solar heating. Resist inclination to go for large property - hard to heat and unnecessarily expensive in the times to come. Think security!
6. Prepare house with renewable power - solar panels, wind turbine, solid fuel burning fire etc (never buy a house without an open fire/chimney)
7. Make sure you have enough ground to grow your own food.
8. Be within walking/cycling distance to local village/shops if possible.
9. Have a job that will not be got rid of as soon as the downturn/depression comes.
Just my thoughts off the top of my head - hope it helps.
2. Sell as much belongings (house, car, furniture, etc) as you feel able to.
3. Consider moving to the UK and renting in the short term as you wait for property prices to stabalise. Put spare money into decent easy-access savings account/s.
4. Choose your location carefully - there are areas where property is cheap. These areas are likely to be "good" areas post-PO, wheras current (expensive) "good" areas may be poor post-PO!
5. Buy a modern property (likely to have first-class insulation properties) - as near in shape to a box as possible - south facing if possible for max natural solar heating. Resist inclination to go for large property - hard to heat and unnecessarily expensive in the times to come. Think security!
6. Prepare house with renewable power - solar panels, wind turbine, solid fuel burning fire etc (never buy a house without an open fire/chimney)
7. Make sure you have enough ground to grow your own food.
8. Be within walking/cycling distance to local village/shops if possible.
9. Have a job that will not be got rid of as soon as the downturn/depression comes.
Just my thoughts off the top of my head - hope it helps.
Real money is gold and silver
Thanks snow hope, exactly how i was thinking, we are re-locating from Malta to UK, my family live in Ascot/Bracknell Berks heart fo the south. extremley over crowded also water problems, we were looking at West Midlands/Shropshire less population density, plenty of sourounding farmland and farms.
Will will wait until property comes back down to sain levels, were looking for south facing house / fireplace and will even consider morgaging enough for solar PV, rainwater collection triple glazing, insulation?
any ideas as to me being on the right track?
any advise appreciated.
Will will wait until property comes back down to sain levels, were looking for south facing house / fireplace and will even consider morgaging enough for solar PV, rainwater collection triple glazing, insulation?
any ideas as to me being on the right track?
any advise appreciated.