Defensive portfolio

[TimberWolf]

Okay I've got 30K I want to defend against the worst of a further, or substantial, Sterling devaluation and hyperinflation. I was thinking of diversifying into:

5K Tesco shares
5K BP shares
5K Gold
5K Euro
10K in a 'high' interest account

Any good

[Jeebo72]

Might as well just spend it.

LLOYDS 10K, BARCLAYS below £3 5K, Centrica 5K, 10K ISA etc ...

[AtW]

Glock 9mm, MP5 PDW, RPG 7.

HTH

[Andy2]

Glock 9mm, MP5 PDW, RPG 7.

HTH

and some hand grenades

[milanbenes]

in my humble opinion, if you think inflation is coming,

then use the 30k as a deposit on a mortgage for a property

following the inflation the mortgage will be deflated down

very nice

what does the congregation think, shirley if inflation is coming, now is the
time to take a mortgage ?

Milan.

[AtW]

and some hand grenades

No, that would be excessive - grenades are too indiscriminate and usually used in offensive operations in urban environments.

[Jeebo72]

in my humble opinion, if you think inflation is coming,

then use the 30k as a deposit on a mortgage for a property

following the inflation the mortgage will be deflated down

very nice

what does the congregation think, shirley if inflation is coming, now is the
time to take a mortgage ?

Milan.

Don't call me shirley ...

[Moscow Mule]

No, that would be excessive - grenades are too indiscriminate and usually used in offensive operations in urban environments.

Trip wires...

[AtW]

Trip wires...

Now that's a defensive use of grenades... for safety reasons a relevant sign would need to be displayed around the area that may have them

[Andy2]

Serious advice. Don't buy individual shares, thats the quickest way to lose money if you dont know what you are doing. Buy some index tracker fund/etf instead.