Where should I move my Sterling to?

**DimPrawn** · 6 July 2009, 10:14

Physical gold, Swiss Francs.

**BlasterBates** · 6 July 2009, 10:15

I would advise investing in a global fund, this way you'll be protected against any currency movements. I've distributed my investments pretty smoothly accross the globe, with a huge dash of commodities, including fairly sizeable investment in a Gold mine. My remaining cash is in Euro, as I think the Euro is more stable than the pound and dollar.

**alreadypacked** · 6 July 2009, 10:28

Has Sterling recovered as much as it's going to?

Are we at the end of the current bounce?

**Francko** · 6 July 2009, 10:31

Originally posted by alreadypacked View Post

Has Sterling recovered as much as it's going to?

Are we at the end of the current bounce?

Do not believe in forecasts, especially about the future.

**expat** · 6 July 2009, 10:34

Originally posted by Francko View Post

Do not believe in forecasts, especially about the future.

You must be right about that, considering how little agreement there is about forecasts about the past.

**Cyberman** · 6 July 2009, 10:46

Just buy property in the UK and your money will be safe in the long-run.

**alreadypacked** · 6 July 2009, 10:58

Originally posted by Francko View Post

Do not believe in forecasts, especially about the future.

How much the UK is in debt is not a forecast

**Cyberman** · 6 July 2009, 11:07

I read yesterday that many Expats are now buying property in the UK because property is more than 30% cheaper than it was very recently when taking into account the weakness of the pound plus market falls. I also read of a couple that had sealed bids for three separate properties had lost them all. It's not so easy now to see the market falling any further, so it just has to be the best time to buy.

**alreadypacked** · 6 July 2009, 11:15

Originally posted by Cyberman View Post

I read yesterday that many Expats are now buying property in the UK because property is more than 30% cheaper than it was very recently when taking into account the weakness of the pound plus market falls. I also read of a couple that had sealed bids for three separate properties had lost them all. It's not so easy now to see the market falling any further, so it just has to be the best time to buy.

I am currently not interested in buying in the UK as the cost of ownership is currently so high, and may get higher. Insurance, minium charges for gas, ele, etc. 'con. tax', the list goes on.

Where should I move my Sterling to?