Aud/gbp

[aussielong]

I've got some aussie that I want to put into pounds, to realise a gain on the exchange rate movement since I bought aussie.

When I am holding pounds I am thinking of buying a London BTL and holding that for a few years until the pound comes back and I can ditch the flat and buy aussie again.

Is there a better plan for investing the pounds that can beat the inflation from quant easing and give me a decent return while I wait for the pound to bounce back?

[DimPrawn]

The pound is going to bounce back? That would assume we're not forked and Brown is a genius no?

[aussielong]

Pound will bounce back eventually won't it??

If the tories get in, and once the city gets back on its feet.

[HairyArsedBloke]

I've got some aussie that I want to put into pounds, to realise a gain on the exchange rate movement since I bought aussie.

When I am holding pounds I am thinking of buying a London BTL and holding that for a few years until the pound comes back and I can ditch the flat and buy aussie again.

Is there a better plan for investing the pounds that can beat the inflation from quant easing and give me a decent return while I wait for the pound to bounce back?

R U Fraking

[aussielong]

R U Fraking

Please explain the flaws in my plan?

[dinker]

Australia will reap the benefits of it`s rational immigration policy while this country disintegrates under a flood of illiterate African refugees.

[sasguru]

Australia will reap the benefits of it`s rational immigration policy while this country disintegrates under a flood of illiterate African refugees.

Ironic

[HairyArsedBloke]

Please explain the flaws in my plan?

1. Appreciation of GBP against AUD, or rather the more likely opposite.
2. Capital gain in property in UK, or the lack of it.
3. Hector wanting his cut.

AUD is a commodity currency that has the prospect of doing very well in any economic recovery which many think would have that region at it's core. If I was holding AUD in any size I'd be looking to invest it there.

[aussielong]

1. Appreciation of GBP against AUD, or rather the more likely opposite.
2. Capital gain in property in UK, or the lack of it.
3. Hector wanting his cut.

AUD is a commodity currency that has the prospect of doing very well in any economic recovery which many think would have that region at it's core. If I was holding AUD in any size I'd be looking to invest it there.

Maybe I should steer clear of property in the UK and just do a term depo?

It's hard to make money here in Oz. Property is overpriced and not doing much. Tax is high.

The currency has moved so far, it's very tempting to jump in. Especially as that is tax free profit. I think the exchange rate will eventually come back as the UK interest rates will go up when inflation kicks in, and that will draw investers in and drive up the currency.

If this didn't happen I could just unwind my trade and admit defeat in a couple of years. The loss would be somewhat offset by the gain on the term depo.

Seriously seeking input here - never done anything like this before ...

[SantaClaus]

Please explain the flaws in my plan?

Please explain the part that isnt flawed

I wouldnt want to be short aussie anytime soon, especially as it follows gold.